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Can These Markets Be Trusted?

1 month ago   |   By NY Times

After a calamitous drop in March, the stock market has had a ferocious rally, despite a cascade of awful news. How can investors cope?
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US weekly jobless claims fall below 1 million for the first time since March

US weekly jobless claims fall below 1 million for the first time since March

New US jobless claims for the week that ended Saturday totaled 963,000, the Labor Department said Thursday. That came in below the consensus economist estimate of 1.1... Read more ...

Here are the 13 power players in VP pick Kamala Harris' inner circle. If Joe...

Here are the 13 power players in VP pick Kamala Harris' inner circle. If Joe Biden ousts Trump in November, her longtime allies could land White House jobs or other key roles

Political stock in Kamala Harris' orbit soared when Joe Biden picked the California senator as his running mate. A former 2020 presidential candidate herself and a relative... Read more ...

US weekly jobless claims fall below 1 million for first time since mid-March

US weekly jobless claims fall below 1 million for first time since mid-March

The US Labor Department said on Thursday that another 963,000 Americans filed for first-time unemployment benefits last week on a seasonally adjusted basis. It's the first time... Read more ...

Barstool Sports could drive 'rapid share gains' for Penn National Gaming and...

Barstool Sports could drive 'rapid share gains' for Penn National Gaming and help drive the stock 20% higher, according to Goldman Sachs

David Portnoy's Barstool Sports could drive "rapid share gains" for Penn National Gaming and help drive shares 20% higher from Wednesday's close, according to Goldman... Read more ...

Apple will reportedly start offering subscription bundles of services like...

Apple will reportedly start offering subscription bundles of services like iCloud storage and Apple Music

Apple is planning to introduce subscription bundles for services like Apple Music and iCloud storage, according to a report from Bloomberg . The bundles would come in tiers and... Read more ...

Kamala Harris, Joe Biden's VP pick, comes from a family of lawyers and...

Kamala Harris, Joe Biden's VP pick, comes from a family of lawyers and Stanford graduates. Meet the family

On August 11, Joe Biden announced that Kamala Harris is his running mate for the 2020 election. Born to immigrant parents from Jamaica and India, Harris will be the first Black... Read more ...

Check out the pitch deck augmented reality startup Help Lightning used to...

Check out the pitch deck augmented reality startup Help Lightning used to raise $8 million, as the tech takes off during the pandemic

Augmented Reality startup Help Lightning has raised an $8 million Series A round led by Resolve Partners. The company uses "merged" reality technology, combining multiple video... Read more ...

New Zealand is racing to contain its first coronavirus outbreak in over 3...

New Zealand is racing to contain its first coronavirus outbreak in over 3 months as 13 new cases are recorded in one city

New Zealand is scrambling to contain its first coronavirus outbreak in over three months. The country lauded for its pandemic response recorded 13 new community infections on... Read more ...

The US reported the highest single-day COVID-19 death toll since mid-May

The US reported the highest single-day COVID-19 death toll since mid-May

Nearly 1,500 new deaths from COVID-19 were reported on Wednesday in the United States, the highest single-day tally since mid-May, The Washington Post reported . The news comes... Read more ...

Uber CEO threatens to temporarily shut down the app in California over labor...

Uber CEO threatens to temporarily shut down the app in California over labor disputes

Uber's CEO said the company could temporarily shut down in California if forced to consider its drivers employees. On Monday, a court ruled in favor of labor activists in... Read more ...