Dow falls 400 points as Wall Street wraps up its worst week and month since lockdowns began in March

Stocks tumbled again Friday with the Dow Jones Industrial Average closing 157 points lower and posting its biggest weekly losses since March.   Wall Street is closing out a punishing week with all three major indexes in the red, dragged down by a slide in shares of tech heavyweights following their quarterly results. The Dow had earlier … Read more

‘Roid rage’ Trump crashes markets by tweeting that there will be NO stimulus until after election

Donald Trump sparked a panicked stock market sell-off Tuesday afternoon as he tweeted that he would not allow talks on a stimulus plan to go on before the November election. In a series of tweets sent from the White House residence where he is still on drugs to fight his COVID, Trump canceled talks with … Read more

‘Roid rage’ Trump crashes markets by tweeting that there will be NO stimulus until after election

Donald Trump sparked a panicked stock market sell-off Tuesday afternoon as he tweeted that he would not allow talks on a stimulus plan to go on before the November election. In a series of tweets sent from the White House residence where he is still on drugs to fight his COVID, Trump canceled talks with … Read more

Wall Street Journal vows not to ‘wilt under cancel culture pressure’ after staffers’ protest letter

The Wall Street Journal’s opinion section had a scathing response Thursday to the 280 staffers who had signed a letter this week claiming it pushed ‘misinformation’.  In a note published by the section’s editorial board late Thursday night, the fiery rebuttal vowed that the opinion section wouldn’t ‘wilt under cancel-culture pressure’ following the protest letter sent … Read more

Wall Street Journal vows not to ‘wilt under cancel culture pressure’ after staffers’ protest letter

The Wall Street Journal’s opinion section had a scathing response Thursday to the 280 staffers who had signed a letter this week claiming it pushed ‘misinformation’.  In a note published by the section’s editorial board late Thursday night, the fiery rebuttal vowed that the opinion section wouldn’t ‘wilt under cancel-culture pressure’ following the protest letter sent … Read more

Oil price crashes into negative for the first time in history as demand dries up

The price of U.S. oil crashed into negative for the first time in history Monday as demand dries up and producers effectively pay buyers to take barrels off their hands.   In the latest never-before-seen number to come out of the economic coma caused by the coronavirus pandemic the cost to have a barrel of U.S. crude … Read more

Oil price crashes into negative for the first time in history as demand dries up

The price of U.S. oil crashed into negative for the first time in history Monday as demand dries up and producers effectively pay buyers to take barrels off their hands.   In the latest never-before-seen number to come out of the economic coma caused by the coronavirus pandemic the cost to have a barrel of U.S. crude … Read more

Dow is set to drop 100 points as doubts grow over Trump’s promise of Saudi-Russia oil price deal

Wall Street’s main indexes fell on Friday as the longest period of employment growth on record in the United States came to an abrupt end, with data showing that hundreds of thousands of people lost their jobs last month due to the coronavirus. The Labor Department’s report confirmed that a recession was underway as business … Read more