Lower-income Americans were more likely to spend their stimulus checks, but more Americans could also spend their stimulus checks if more businesses were open when the checks began in late April, research found. (Photo: Getty.) What did people do with their stimulus controls? People who spend most of their stimulus …
Read More »Gold prices pop higher than Buffett shares of the second largest miner in the world
Gold prices rose higher on Monday, partly supported by a slide in government bond yields and the US dollar, which were the attraction of the precious commodity. But the yellow metal may also have attracted extra interest after a public submission that offered a glimpse of Warren Buffett’s Berkshire Hathaway …
Read More »California plagued by scorching heat (130 degrees!), Lightning, blackouts and even fire tornadoes
After a weekend of wild and burning weather, California residents were warned Sunday to step in for Wednesday’s chance to shine. More than 200,000 PG&E Corp. PCG, -2.18% customers in Northern California on Saturday lost power in the state’s first sequence of rolling blackouts since the Enron-fueled statewide energy crisis …
Read More »Tesla, Walmart, Nvidia, Home Depot, and Other Investor Supplies to Watch This Week
Text size Brick-and-mortar retailers make up the bulk of revenue reports this week. Walmart, Home Depot, and Kohl released their second-quarter results on Tuesday, followed by Lowe’s, Doel, TJX, and L Markets on Wednesday. Ross Stores reports Thursday. Non-retail names releasing results this week include Nvidia and analog devices on …
Read More »S&P 500 closes week near record high. Is this a stock market?
Text size Michael M. Santiago / Getty Images It’s like the bear market never happened. And maybe just did that. The stock market had another good week, with the S&P 500 index ending 0.6% to 3372.85; the Dow Jones industrial average rose 497.54 points, or 1.8%, to 27,931.02; and the …
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