Hedge funds have relied on technology, internet, media and telecom companies and increasingly more health care companies to drive performance. See full story.
The fun stuff is getting more expensive during the pandemic
Computer games, pizza, hamburgers and whiskey all increased in price during the pandemic, even as CPI fell, according to the latest U.K. data. See full story.
Pandemic could cost global economy $82 trillion in depression scenario
An economic-depression scenario could cost the world economy $82 trillion in lost output. See full story.
If U.S. can’t resolve public-health issues, there’s a limit on what the Fed can do to help, Rosengren says in MarketWatch interview
The Federal Reserve’ has tools to solve a lot of things, but not a public-health problem, said Boston Fed President Eric Rosengren on Tuesday See full story.
‘I woke up in a free country’ — Costco shopper gets bounced from store after refusing to wear a mask
In a viral video making the rounds Tuesday, one Costco shopper who refused to wear a mask thought it was a good idea to film the reaction of the store manager. He probably wasn’t expecting the reaction it got. See full story.
Christopher Wells told MarketWatch, ‘I felt I didn’t have a fair shot at securing my job.’ See full story.