Browsing Category
Markets
Chesapeake Energy shares halted after 50% plunge on bankruptcy report
Shares in one of the biggest natural gas companies in the U.S. were halted on Tuesday after plunging by half on a report the company could be about to go bankrupt. Financial news agency Bloomberg first reported that Chesapeake Energy is…
The Villages is a retirement ‘paradise’ — so why is that a problem?
The Villages, a master-planned retirement community in central Florida, is the fastest-growing metropolitan area in the U.S., we learned from the 2020 Census. In a demographically changing and urbanizing America, this predominantly…
Treasury yields stabilize after drop on CPI data
Treasury yields were slightly higher Wednesday, with the market largely holding steady after Tuesday’s cooler-than-expected reading of the U.S. August consumer-price index triggered a rally that gave long-end…
What can be done to fight systematic anti-Black racism in corporations?
From representation on corporate boards, to learning from responses to COVID-19, how businesses can address systemic racism in the workplace.
Read More: What can be done to fight systematic anti-Black racism in…
NewsWatch: You might think investors’ extreme bullishness would be good for
Wall Street’s 'wall of worry' needs to get higher for stocks to do the same.
Read More: NewsWatch: You might think investors’ extreme bullishness would be good for
Home sales cool in August, but average prices still well up from last year
Canada's housing market continued to show signs of a slow cool-down in August, as the number of sales ticked lower even as selling prices still headed higher compared to where they were a year ago. The Canadian Real Estate Association…
Shoe company exec embezzled $30 million in failed bid to woo TV news anchor
The other shoe has finally dropped on one lovelorn exec. The former chief financial officer of a high-end Massachusetts shoe maker has been sentenced to almost six years in prison for embezzling $30 million to help…
Live Stock Market News During the Coronavirus Pandemic – The New York Times
Here’s what you need to know:The S&P 500 erases its losses for the year as Wall Street’s rally continues.The U.S. economy entered a recession in February.The numbers are ambiguous, but the jobs report wasn’t rigged.The travel business…
Hot springs in January, no traffic, and universal healthcare. The best
Money manager Matt Patsky stood at the window of his hotel on the Portuguese island of Sao Miguel in March last year, looking out over the Atlantic, and thought: I’m not sure we can retire here after all. He told his husband, “I don’t…
France recalls ambassadors to U.S., Australia over submarine deal
France plunged into an unprecedented diplomatic crisis with the United States and Australia on Friday after it recalled its ambassadors from both countries over a trilateral security deal which sank a $40-billion French-designed…