The number of initial jobless claims fell by almost 100,000 to 1.31 million in early July, but the pace of layoffs is still quite high more than three months after the coronavirus pandemic began and appears to be bogging down a frail economy recovery. See full story.
After that 41% ‘moonshot’ for stocks, here’s what one strategist is telling investors to do next
Don’t fight the Fed, but don’t chase this market, says our call of the day from CIBC Private Wealth Management’s chief investment officer, David Donabedian. See full story.
I was the mayor of Cincinnati when we reformed our police department following racial unrest — and crime has since tumbled
Police killed two unarmed African American men within six months in 2001. See full story.
Why gold has become a ‘weapon of choice’ for investors
Gold prices have climbed to their highest levels in nearly nine years, with the precious metal seen as a ‘weapon of choice’ for investors dealing with pandemic-related uncertainty in the stock market, clearing the path to a fresh record in the second half of the year. See full story.
He had $35,000 in retirement savings in March — 350 trades later and he’s apparently sitting on $1 million
Prepare for some serious trading FOMO, courtesy of Reddit’s “WallStreetBets” community. See full story.
This potential snag is a ‘fixable problem.’ See full story.