Millions of Americans have lost their jobs in the wake of COVID-19. But not everyone who got laid off is still out of work. As the economy has slowly but surely started to open back up, some people have managed to get their jobs back.
This year has been a wild one for mortgage REITs (mREITs). The COVID-19 crisis created a credit crunch that swept through the entire sector, causing big declines in book value and sizable dividend cuts. For the most part, the sector's crisis is over, provided we don't enter anot
Investing in pharmacy retailers is a relatively safe play these days. Even if states shut most businesses down in an effort to stop the spread of COVID-19, companies like Rite Aid (NYSE: RAD) and Walgreens (NASDAQ: WBA) will keep operating (at least in some fashion) as they p
The stock market has largely shaken off the historically steep declines that made headlines earlier this year. The Dow Jones Industrial Average is only down 6%, the S&P 500 is sitting near breakeven, and the NASDAQ is up about 17% year to date.
The U.S. Congressional Budget Office projects that the COVID-19 pandemic will cause more than $16 trillion worth of damage to the U.S. economy over the next decade. More than 140,000 Americans have already died from the coronavirus, meaning that in the span of six and a half mon
The U.S. economy has been in poor shape for months. Since March, tens of millions of Americans have lost their jobs, more than 100,000 small businesses have closed permanently, and countless individuals have had their lives and finances disrupted. Unfortunately, the worst may be
In less than a month, the Social Security program will celebrate its 85th anniversary of being signed into law. Over that period, it has provided uninterrupted payments to eligible retired workers for more than 80 years, and is responsible today for pulling an estimated 22 milli
I think many investors have been willing to give Wells Fargo (NYSE: WFC) the benefit of the doubt over the past few years. After its phony-account scandal in 2016, the bank agreed to pay a massive $3 billion settlement. Then the Federal Reserve placed a $1.95 trillion asset cap
They say every contest eventually turns into a two-horse race. Given how the soda wars have been whittled down to Coke and Pepsi, U.S. political parties have been pared down to just Democrats and Republicans, and most hardware purchases happen at either a Lowe's or a Home Depot,
There's little question that 2020 has been one of the most challenging years on record for America. The coronavirus disease 2019 (COVID-19) pandemic has exacted an incredible physical and financial toll. More than 136,000 people have passed away from COVID-19 as of Tuesday, July
Four IPOs and one SPAC plan to raise $663 million in the week ahead, led by Jamf Holding (JAMF).
The IPO market is on a hot streak, and the IPO pipeline is filling up as filing activity remains high. Several companies could join the IPO calendar in the coming week, including lead
Two of the world's largest meatpackers said on Friday they have installed ultraviolet air cleaning equipment in some U.S. plants, as pressure mounts on food companies to protect workers amid growing concerns about airborne transmission of the coronavirus.
British ministers are making plans to distribute millions of free coronavirus antibody tests after a version backed by the UK government passed its first major trials, the Daily Telegraph newspaper reported on Friday.
In trading on Friday, shares of Lpl Financial Holdings Inc (Symbol: LPLA) crossed below their 200 day moving average of $77.73, changing hands as low as $77.46 per share. Lpl Financial Holdings Inc shares are currently trading down about 0.9% on the day. The chart below show
In trading on Friday, shares of Invitation Homes Inc (Symbol: INVH) crossed above their 200 day moving average of $27.78, changing hands as high as $28.10 per share. Invitation Homes Inc shares are currently trading up about 2.5% on the day. The chart below shows the one yea
In trading on Friday, shares of SolarWinds Corp (Symbol: SWI) crossed above their 200 day moving average of $17.94, changing hands as high as $17.96 per share. SolarWinds Corp shares are currently trading up about 1% on the day. The chart below shows the one year performance