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The Tell: Why the stock market is due for ‘consolidation’ as Trump takes aim at China
on May 29, 2020 at 7:31 pm
After a sharp run-up for U.S. stocks, rising tensions between Washington and Beijing could spark a round of near-term consolidation that could prove to be an entry point for investors, a prominent […]
Top Ten: Weekend reads: About that extra $600 a week from Uncle Sam ...
on May 29, 2020 at 7:30 pm
Also, COVID-19 and creative accounting, stimulus debit cards and how early retirees are handling the coronavirus crisis.
Coronavirus update: Global death toll tops 360,000 as Brazil, South Korea, Iran and the Philippines...
on May 29, 2020 at 7:28 pm
The global death toll from the coronavirus that causes COVID-19 climbed above 360,000 on Friday, as Brazil, South Korea, the Philippines, Iran and Portugal all reported spikes in infections.
The Tell: The stock market has been rising. Is that why Trump is attacking China?
on May 29, 2020 at 7:27 pm
It’s no coincidence that just as market conditions start to settle, President Trump becomes testy toward China, one economist notes.
Trump Today: Trump says U.S. will move to sanction Chinese officials over ‘smothering’ Hong...
on May 29, 2020 at 7:20 pm
President Donald Trump on Friday said the U.S. would move to sanction Chinese officials over what he called the “smothering” of Hong Kong, but steered clear of any discussion of reneging […]
Walt Disney World cancels dining reservations and stops taking new hotel bookings ahead of planned...
on May 29, 2020 at 6:58 pm
Travelers are rethinking their theme-park getaways as Disney eliminates some of its most popular perks for when Walt Disney World resumes operations.
The Fed: Fed’s Powell says he’s sleeping better than at start of the COVID-19 outbreak
on May 29, 2020 at 6:56 pm
Fed Chairman Jerome Powell on Friday said he’s sleeping better than he was at the start of the coronavirus pandemic in late February and early March.
Personal income surges 10.5% in April on the back of government relief payments but spending lags
on May 29, 2020 at 6:54 pm
U.S. personal income surged in April on government coronavirus relief payments but spending fell sharply, the Commerce Department said Friday.
CityWatch: New York is rescuing its bar life with looser alcohol rules
on May 29, 2020 at 6:53 pm
The first big step: relaxing the ancient prohibition on takeout alcohol. But what comes next?
Social-distancing smart watches and plexiglass beach boxes: Old and new technologies are being...
on May 29, 2020 at 6:47 pm
As countries easing lockdowns bring businesses and workers back online, these tech solutions are popping up to make sure people keep up social distancing
GrubHub stock gains after report of narrowed price gap in Uber takeover talks
on May 29, 2020 at 7:24 pm
GrubHub Inc. shares [S: GRUB] are up 8% in Friday trading after a Bloomberg News report indicated that the company has narrowed the price gap in its deal talks with Uber Technologies Inc. and that […]
Dow, S&P 500 turn positive Friday afternoon as Trump's measures against China seen not as stringent...
on May 29, 2020 at 7:10 pm
U.S. stock benchmarks pared losses and turned positive Friday afternoon after President Donald Trump took a number of measures in what he described as China violations, but fell short of taking any […]
U.S. oil futures reverse course to finish higher, climb 88% for the month
on May 29, 2020 at 7:05 pm
U.S. oil futures reversed course to finish higher Friday, getting a boost as traders eye developments tied to Hong Kong related tensions between the U.S. and China, and as another drop in U.S. oil […]
Energy ETFs make up some ground in May, up nearly 8%
on May 29, 2020 at 6:20 pm
Exchange-traded funds with energy exposure sagged on Friday, but were on track to cap a month in which the sector was one of the strongest performers. The Energy Select Sector SPDR Fund and the […]
Occidental Petroleum cuts dividend to a penny a share
on May 29, 2020 at 6:17 pm
Occidental Petroleum Corp. said Friday that its board of directors has declared a regular quarterly dividend of a penny a share, payable on July 15 to shareholders of record as of June 15. Friday's […]
Gold futures end higher, up more than 3% for the month
on May 29, 2020 at 5:55 pm
Gold futures ended higher on Friday as tensions between the U.S. and China over Hong Kong fed haven demand for the precious metal. Meanwhile, Federal Reserve Chairman Jerome Powell said Friday that […]
Fired police officer Derek Chauvin who kept his knee on George Floyd's neck arrested in Minnesota
on May 29, 2020 at 5:50 pm
The former police officer who kept his knee on an unarmed black man's neck until he was dead in an incident captured on camera on Monday has been taken into police custody, the Minnesota Public […]
New York City on track for first phase of reopening on June 8: Gov. Cuomo
on May 29, 2020 at 5:35 pm
After months battling to contain the spread and impact of the coronavirus pandemic, New York City is on track to begin the first phase of reopening on June 8, Gov. Andrew Cuomo said Friday. "We are […]
Baker Hughes reports an 11th-weekly decline in the U.S. oil-rig count
on May 29, 2020 at 5:12 pm
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil declined by 15 to 222 this week. The oil-rig count has now fallen for 11 weeks in a row, suggesting further […]
Trump to hold 2 p.m. Eastern press conference as investors await China statements
on May 29, 2020 at 4:37 pm
President Donald Trump will hold a news conference at 2 p.m. Eastern, the White House said Friday. Trump on Thursday said he'd speak about China, which is tightening its grip on Hong Kong through new […]