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‘I’m astounded that I have NOT received my payment’: When will I receive my
Dear Moneyist,
I am one of the many Americans waiting on a stimulus check. I’m astounded that I have not received my payment, especially as I qualified, according to all IRS requirements. I just found out that my…
Some gasoline stations in U.K. run out of fuel as pandemic supply chain
Britain's retail industry warned the government on Friday that unless it moves to alleviate an acute shortage of truckers in the next 10 days then significant disruption was inevitable in the run-up to Christmas. As the world's…
Dow drops more than 700 points in worst day since June 11 as virus resurgence concerns grow –…
Stocks fell sharply on Wednesday as the increasing number of newly confirmed coronavirus cases dampened expectations of an economic recovery.The Dow Jones Industrial Average dropped 710.16 points, or 2.7%, to 25,445.94. The S&P 500…
Ovintiv slashes workforce by 25%
Oil and gas producer Ovintiv — formerly known as Encana — says it has slashed its workforce by 25 per cent as it prepares for more modest growth in the energy sector. The company said its workforce will now total 2,100, including 1,900…
John Oliver explains ‘defund the police’ — and why it doesn’t mean ‘no
In the two weeks since George Floyd died after a Minneapolis police officer put his knee on his neck for almost nine minutes, many of the people protesting systemic racial injustice and police brutality across the country have called to…
Oilpatch suppliers have survived many downturns, but this crisis is proving
Ryan Williams says starting a business in the midst of the Great Recession in 2008 was probably a crazy idea. But Drake Oilfield Supply somehow navigated its launch, survived another oilpatch slump a few years later and will soon enter…
The risk-reward in the stock market isn’t looking good, warns fund manager
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‘The stock market has already discounted a significant degree of the economic recovery. So, incrementally improving data here might not do much…
Gold futures slide after U.S. data, as Fed officials point to tapering
Gold futures headed for back-to-back declines on Thursday, pressured by higher U.S. Treasury yields and a rising dollar, as some Federal Reserve officials said they favored a near-term unwind of COVID-era monetary…
Yes, Another Stock Market Crash Is Coming: How to Be Ready
If all you had to judge the state of the economy was…
Stock market news live updates: Stocks rise after record retail sales jump, reports of more stimulus…
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" type="text" content="Stocks surged Tuesday after much stronger than expected retail sales data for May boosted investor confidence in a speedy…