Nintendo surges after reporting a 428% profit spike driven by gamers flocking to Animal Crossing amid the pandemic

NINTENDO SURGES AFTER REPORTING A 428% PROFIT SPIKE DRIVEN BY GAMERS FLOCKING TO ANIMAL CROSSING AMID THE PANDEMIC

Nintendo surged as much as 6% on Thursday after the video game company said first quarter earnings soared 428% while sales more than...

Why the best way to play an economic recovery is to load up on industrial stocks, according to a Wall Street stock chief

WHY THE BEST WAY TO PLAY AN ECONOMIC RECOVERY IS TO LOAD UP ON INDUSTRIAL STOCKS, ACCORDING TO A WALL STREET STOCK CHIEF

Lori Calvasina, RBC Capital Markets head of US equity strategy, told Bloomberg that investors looking to buy cyclicals should load...

 
 
 
A COVID-19 vaccine would challenge tech leadership and spark a rotation into value, Goldman Sachs says

A COVID-19 VACCINE WOULD CHALLENGE TECH LEADERSHIP AND SPARK A ROTATION INTO VALUE, GOLDMAN SACHS SAYS

The successful development of a COVID-19 vaccine would drive the stock market higher, but expect beaten-down value stocks to lead the...

US 30-year mortgage rate falls to 2.88%, hitting a record low for the 8th time this year

US 30-YEAR MORTGAGE RATE FALLS TO 2.88%, HITTING A RECORD LOW FOR THE 8TH TIME THIS YEAR

The popular US 30-year fixed mortgage rate fell to another record low of 2.88%, Freddie Mac said Thursday. It's the eighth time this...

 
 
 
Investors are piling into socially responsible ETFs at an unprecedented rate - and Morgan Stanley says these 4 stocks are best-positioned to profit from the trend

INVESTORS ARE PILING INTO SOCIALLY RESPONSIBLE ETFS AT AN UNPRECEDENTED RATE - AND MORGAN STANLEY SAYS THESE 4 STOCKS ARE BEST-POSITIONED TO PROFIT FROM THE TREND

As climate-change awareness grows, investors are increasingly investing in sustainable firms and exchange-traded funds. Morgan Stanley...

The ship carrying the ammonium nitrate that blew up in Beirut was abandoned in 2014 by a Russian businessman, who has said nothing since the explosion

THE SHIP CARRYING THE AMMONIUM NITRATE THAT BLEW UP IN BEIRUT WAS ABANDONED IN 2014 BY A RUSSIAN BUSINESSMAN, WHO HAS SAID NOTHING SINCE THE EXPLOSION

A cargo ship that brought 2,750 tons of explosive material to Beirut in 2013 belonged to Russian businessman Igor Grechushkin, the...

 
 
 
StreetLight Data raises $15 million to bring big data analytics to city transport

STREETLIGHT DATA RAISES $15 MILLION TO BRING BIG DATA ANALYTICS TO CITY TRANSPORT

StreetLight Data, a platform that helps cities unlock mobility insights from location data, has raised $15 million in a series D round...

Goldman Sachs says investors are underestimating the chance of a COVID-19 vaccine in 2020, an event that could push the S&P 500 11% higher

GOLDMAN SACHS SAYS INVESTORS ARE UNDERESTIMATING THE CHANCE OF A COVID-19 VACCINE IN 2020, AN EVENT THAT COULD PUSH THE S&P 500 11% HIGHER

Goldman Sachs thinks markets are underpricing the prospect that at least one coronavirus vaccine will be developed and ready for use...

 
 
 
Thriver raises $33 million for virtual workplace wellness

THRIVER RAISES $33 MILLION FOR VIRTUAL WORKPLACE WELLNESS

Thriver said it has raised $33 million in a second round of funding as it moves beyond corporate food to the business of virtual health...

The economy is recovering in some states, but others remain at Great Depression-era unemployment levels. Why?

THE ECONOMY IS RECOVERING IN SOME STATES, BUT OTHERS REMAIN AT GREAT DEPRESSION-ERA UNEMPLOYMENT LEVELS. WHY?

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today...

 
 
 
US unemployment during Covid-19 pandemic approaches 55 MILLION

US UNEMPLOYMENT DURING COVID-19 PANDEMIC APPROACHES 55 MILLION

The number of new unemployment insurance claims in the United States is expected to have improved marginally last week, with initial...

Bank of England holds off more stimulus, sees slow recovery

BANK OF ENGLAND HOLDS OFF MORE STIMULUS, SEES SLOW RECOVERY

LONDON - The Bank of England left its benchmark interest rate at a record low of 0.1% on Thursday as it expressed caution about how...

 
 
 
The Latest: India reports biggest number of deaths with 904

THE LATEST: INDIA REPORTS BIGGEST NUMBER OF DEATHS WITH 904

NEW DELHI - India has recorded the biggest single-day fatalities of 904 in the past 24 hours as fresh coronavirus infections surged...

Black LGBTQ Americans Face Disproportionate Economic Hit From COVID-19, Study Finds

BLACK LGBTQ AMERICANS FACE DISPROPORTIONATE ECONOMIC HIT FROM COVID-19, STUDY FINDS

A Human Rights Campaign survey took an in-depth look at the coronavirus pandemic's impact on queer communities of color.

 
 
 
As Susan Rice emerges as one of Biden's top choices for vice president, Trump allies struggle to cast her as an 'extreme leftist,' a tag they've slapped on the other contenders

AS SUSAN RICE EMERGES AS ONE OF BIDEN'S TOP CHOICES FOR VICE PRESIDENT, TRUMP ALLIES STRUGGLE TO CAST HER AS AN 'EXTREME LEFTIST,' A TAG THEY'VE SLAPPED ON THE OTHER CONTENDERS

As Susan Rice emerges as a top contender for Democrat Joe Biden's running mate, Donald Trump's allies are struggling to define her...

The Latest: Mexico is nearing 50,000 deaths from COVID-19

THE LATEST: MEXICO IS NEARING 50,000 DEATHS FROM COVID-19

MEXICO CITY - Mexico is nearing 50,000 confirmed deaths from COVID-19.

 
 
 
Twitter temporarily blocked the Trump campaign from tweeting after it shared a video of the president spreading COVID-19 misinformation

TWITTER TEMPORARILY BLOCKED THE TRUMP CAMPAIGN FROM TWEETING AFTER IT SHARED A VIDEO OF THE PRESIDENT SPREADING COVID-19 MISINFORMATION

Twitter briefly banned the Trump campaign's account from tweeting Wednesday after it violated the company's policies against COVID-19...

New York prosecutors reportedly subpoenaed Deutsche Bank as part of an extensive investigation into Trump's business dealings

NEW YORK PROSECUTORS REPORTEDLY SUBPOENAED DEUTSCHE BANK AS PART OF AN EXTENSIVE INVESTIGATION INTO TRUMP'S BUSINESS DEALINGS

The Manhattan district attorney's office subpoenaed Deutsche Bank as part of a wide-ranging investigation into President Donald Trump's...

 
 
 
Uber and Lyft sued for 'unpaid wages' by California Labor Commissioner over driver classification

UBER AND LYFT SUED FOR 'UNPAID WAGES' BY CALIFORNIA LABOR COMMISSIONER OVER DRIVER CLASSIFICATION

California opened a new front in its battle against Uber and Lyft over their classification of drivers as contractors instead of employees,...

August 5 COVID-19 Test Results

AUGUST 5 COVID-19 TEST RESULTS

The number of tests per day has been declining. It is not clear if this is a testing problem or a reporting problem. The US is now...

 
 
 




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