The New York Stock Exchange (NYSE) stands in lower Manhattan on May 18, 2020 in New York City. Markets surged today as promising details of a potential COVID-19 vaccine were released and more European countries gradually re-opened after months of lockdown. Spencer Platt | Getty Images The stock market, so […]
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Stocks move into the red on news Apple is reclosing some stores in Florida and Arizona
Stocks cut gains on Friday after Apple said it will reclose some stores given recent spikes in coronavirus cases. The Dow Jones Industrial Average was down 173 points, or 0.7%, after starting the session with a more than 300-point gain. The S&P 500 traded 0.5% lower while the Nasdaq Composite dipped […]
AMC reverses course, will require guests to wear masks at its theaters
“Theater Closed” signs are posted in front of the AMC Montebello, as the US chain of AMC movie theaters closes for 6 to 12 weeks, On March 17, 2020 in Montebello, California, as the coronavirus (covid-19) epidemic leads to restaurant and school closures and workers working from home in an […]
Apple will close some stores again in states that are seeing a resurgence of Covid-19 cases
Apple CEO Tim Cook delivers the keynote address during a special event on September 10, 2019 in the Steve Jobs Theater on Apple’s Cupertino, California campus. Justin Sullivan | Getty Images Stocks rolled over to trade lower on Friday after Apple said it will again close some stores because of recent […]
Trading could get wacky Friday because of some technical stock market circumstances
Traders could be in for a wild ride on Friday because of a couple technical factors. The S&P 500 will have its first rebalancing of the year at Friday’s close, more than three months after the market’s wild swings forced S&P Dow Jones Indices to delay this traditionally quarterly event. […]
Trump administration considers executive order to suspend certain work visas
U.S. President Donald Trump walks on the South Lawn of the White House upon his return to Washington, U.S., after a weekend in Bedminster, New Jersey, June 14, 2020. Yuri Gripas | Reuters The Trump administration has drafted an executive order to suspend new temporary work visas for overseas hires, […]
U.S. coronavirus cases surge by more than 27,700 in a day as 7-day average jumps 15% from week ago
As Phase One of reopening begins in Northern Virginia, a waitress with a face mask to protect against the coronavirus disease (COVID-19) serves diners at a restaurant in Alexandria, Virginia, U.S., May 29, 2020. Kevin Lamarque | Reuters The U.S. reported more than 27,700 coronavirus cases on Thursday as the […]
Burglars steal over $60,000 worth of saffron from London warehouse
Saffron is worth more than its weight in gold. Kelly Cheng Travel Photography/Getty Images Police detectives are on the hunt for two burglars who stole £50,000 ($61,825) worth of saffron from a warehouse in east London. London police have released CCTV footage of the two suspects breaking into the warehouse […]
Dow jumps more than 100 points as Wall Street heads for fourth weekly gain in five weeks
Stocks rose on Friday, adding to this week’s strong gains, amid a report by Bloomberg News that China was set to up its purchases of U.S. farm products to comply with phase one trade deal. The report eased concerns about U.S.-China trade relations as the two countries exchange heated rhetoric […]
Ex-Trump FDA chief says requiring coronavirus masks is not ‘denying people their liberty’
Requiring people to wear a a mask in a communal setting is not “denying people their liberty,” President Donald Trump‘s former commissioner of the Food and Drug Administration Dr. Scott Gottlieb told CNBC on Friday. Gottlieb served as the FDA chief under Trump from May, 2017 to April, 2019. His comments […]