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By Jon D. Markman On May 11, 202006:28 AM Eastern
Stocks scrambled higher again Friday as a hellacious U.S. unemployment report for April showed fewer reported jobs lost than expected. Still, the labor market is in its worst shape on record with...
By Jon D. Markman On May 8, 202003:05 PM Eastern
Stocks rolled higher again Friday, heading toward gains for the week as the U.S. unemployment report for April showed fewer reported jobs lost than expected. Still, the labor market is in its...
By Tony Sagami On May 8, 202001:48 PM Eastern
One of my friends — one of my richest friends — built himself a mini-empire of auto dealerships. And like many businessmen, he was forced to close his showrooms in the wake of the lockdowns. His...
By Mike Larson On May 8, 202012:00 PM Eastern
Despite Depression-era unemployment, stocks have surged. Despite soaring loan delinquencies, investors have been snapping up bundles of consumer loans. Despite the one of the worst corporate...
Remember that market “crossroads” I mentioned last week? Well, we’re STILL stuck there!
The S&P 500 keeps flopping around in the 2,800-2,900 area. And the same thing is happening with many of...
By Jon D. Markman On May 8, 202006:28 AM Eastern
Stocks swept higher Thursday after a rough patch Wednesday, buoyed by further gains in the crude oil market even as fresh data showed that millions more Americans are seeking financial aid after...
By Jon D. Markman On May 7, 202003:15 PM Eastern
Stocks are sweeping higher Thursday after a rough patch Wednesday, buoyed by further gains in the oil market even as fresh data showed that millions more Americans are seeking financial aid after...
By Jon D. Markman On May 7, 202006:28 AM Eastern
Stocks mostly thrashed around the unchanged line on Wednesday before vaulting off a cliff — investors fretted about new data showing the massive number of U.S. jobs that have been lost during the...
By Mike Larson On May 6, 202003:26 PM Eastern
Uncle Warren. The Oracle of Omaha. America’s greatest investor.
Berkshire Hathaway CEO Warren Buffett has been called many things over the years.
After founding his insurance-dominated...
By Jon D. Markman On May 6, 202003:00 PM Eastern
Stocks are mostly thrashing around the unchanged line Wednesday, with investors appearing to turn cautious after data highlighted the massive number of U.S. jobs that have been lost during the...