Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, an increase in coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average …
Read More »Texas reverses its reopening plan as cases increase
Texas Governor Gregg Abbott speaks to the press after attending George Floyd’s public presentation at Fountain of Praise Church in Houston, Texas on June 8, 2020. Andrew Caballero-Reynolds | AFP | fake pictures Texas Governor Greg Abbott announced Friday that he will withdraw part of the state’s reopening as coronavirus …
Read More »Why is a strategist really encouraged by an increase in new cases of US coronavirus?
It is only the nature of the market that the coronavirus pandemic has forced all fund managers and analysts to become hobbyist epidemiologists. So here are some of the thoughts from COVID-19 by Christopher Wood, global head of capital strategy at Jefferies. In fact, he is encouraged by the latest …
Read More »Scientists are just beginning to understand the many health problems caused by COVID-19
CHICAGO (Reuters) – Scientists are only beginning to understand the wide variety of health problems caused by the new coronavirus, some of which may have persistent effects on patients and health systems for years to come, according to doctors and experts. in infectious diseases. FILE PHOTO: A health worker attends …
Read More »Nike slips on Covid-related surprise loss
Text size Gross margins fell 8.20 percentage points, even with fewer discounts, due to supply chain disruptions and related costs. Timothy A. Clary / AFP via Getty Images Nike shares fell after hours as the sporting goods retailer lost a surprise in its fiscal fourth quarter amid store closings as …
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