Source: Robinhood On the small yellow sticky note that 20-year-old Alex Kearns left on his bedroom door was an ominous message saying to turn on the computer. Daniel Kearns powered up his son’s laptop in their home in Naperville, Ilinois. Within seconds, a four-paragraph letter flashed on the screen. “If […]
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Coronavirus live updates: White House task force silent as cases increase, New York considers quarantine on Florida travelers
Even as businesses and borders slowly reopen, global economies continue to feel the effects of coronavirus shutdowns. Another 1.5 million Americans filed for initial unemployment benefits last week, according to data released Thursday, notching the 13th consecutive week above 1 million claims. The Bank of England on Thursday announced an […]
Dow falls more than 30 points, but Nasdaq ekes out fifth straight gain
The Dow Jones Industrial Average fell for a second straight day on Thursday as investors weighed the rising number of coronavirus cases in the U.S. and around the world along with disappointing unemployment data. The 30-stock Dow closed 39.51 points lower, or 0.2%, at 26,080.10. The Nasdaq Composite, meanwhile, climbed 0.3% […]
California, Arizona, Florida report record spikes in coronavirus cases
Kayenta Health Center staff prepare to practice with a new shield that just arrived to help protect medical workers when they intubate patients, in Kayenta, Ariz. Carolyn Kaster | AP Arizona, Florida and California all reported record-high single-day increases in coronavirus cases on Thursday as testing increases and the virus […]
The economy is snapping back but still has a long way to go, alternative data shows
A customer shops at Cliff’s Variety on June 16, 2020 in San Francisco, California. Justin Sullivan | Getty Images The U.S. economy has shown signs lately that it could be snapping back to life more quickly than many anticipated, but there’s still a long way to go. May’s burst of […]
Facebook removes Trump ads containing symbols used by Nazis to identify political prisoners
Facebook on Thursday announced that it removed ads from President Donald Trump’s campaign that contained a symbol associated with Nazis. “We removed these posts and ads for violating our policy against organized hate,” a Facebook spokesman said in a statement. “Our policy prohibits using a banned hate group’s symbol to […]
The flight to the suburbs is real and growing, as coronavirus changes the way people live
ullstein bild | Getty Images If millennials once piled into the cities, fueling downtown renewal and growth, apparently they are now piling out. The stay-at-home orders brought on by coronavirus have more potential homebuyers looking for properties in the suburbs. Millennials are now the largest cohort of buyers. As the […]
NFL, HBO agree to multiyear extension for ‘Hard Knocks,’ new season to feature Chargers and Rams
Source: HBO The National Football League has agreed to a multi-year extension with WarnerMedia’s HBO to keep exclusive rights to the network’s “Hard Knocks” show. Terms of the agreement were not made available, but people familiar with the deal told CNBC it’s a four year pact. The individuals spoke on […]
Coronavirus live updates: Real estate deals are surging in Florida, and so are new virus cases
Even as businesses and borders slowly reopen, global economies continue to feel the effects of coronavirus shutdowns. Another 1.5 million Americans filed for initial unemployment benefits last week, according to data released Thursday, notching the 13th consecutive week above 1 million claims. The Bank of England on Thursday announced an […]
Dow and S&P 500 struggle for direction, but Nasdaq is headed for a 5-day winning streak
Stocks struggled for direction on Thursday investors weighed the rising number of coronavirus cases in the U.S. and around the world along with disappointing unemployment data. The Dow Jones Industrial Average was down 82 points, or 0.3%. Earlier in the session, the Dow was down 271 points. It briefly recovered to […]