The market’s Friday blues returned with a vengeance today, dashing morning hopes of back-to-back daily gains and leaving us with another severe weekly plunge.
We’ve been getting a steady stream of shutdowns for days now, including the states of California, New York and no
Let's face it: Being cooped up at home isn't easy, but with COVID-19 closing schools and shutting down businesses, that's the situation most of us are in. Even if you're busy doing your job remotely and caring for children, you might still reach a point when you're desperate for
I should have known things would go sideways when I saw my stockbroker playing a bit part on prime-time TV. That's when I learned he had two jobs -- stockbroker by day, and actor, also by day. To be fair, he did have a partner at the brokerage firm, who was probably the brains b
(RTTNews) - Boeing Co. (BA) announced that its chief executive Dave Calhoun and Board Chairman Larry Kellner will forego all pay until the end of 2020 to navigates COVID-19 crisis.
In the midst of the COVID-19 pandemic, many investors have watched their 401(k) balances plummet. These are uncertain times for workers -- especially those who are nearing retirement age -- and it's normal to feel a little panicked. However, there are a few things you should be
The independent research arm of a large nonprofit group responsible for thousands of clinical trials will run a few more to try and find an effective treatment for patients suffering from COVID-19. The Feinstein Institutes for Medical Research has already enrolled patients into
When you work hard your entire life, you want a comfortable retirement to look forward to -- and that means having enough money to pay your bills with enough left over for leisure and entertainment. But if you fall victim to these blunders, you could wind up in the opposite scen
(RTTNews) - United Airlines Holdings Inc (UAL) announced Friday that it would reduce its international schedule by 95% for April due to government restrictions prohibiting travel in an effort to prevent the spread of the coronavirus.
These are unprecedented times. U.S. stocks peaked in mid-February and then lost almost 30% of their value in the second-shortest period of time in the past 50 years. Only the Black Monday crash in 1987, which knocked down the S&P 500 by 20% in a single day, resulted in a qu
Global stock markets are in absolute turmoil as the COVID-19 pandemic wreaks havoc around the world. Few investors have ever experienced the extreme volatility the past month has brought as a significant share of normal economic activity has been grinding to a halt. Major market
While most retailers are seeing a drop in demand during the coronavirus (COVID-19) pandemic, Amazon.com (NASDAQ: AMZN) can't keep up with it. As the outbreak escalates in the U.S., shoppers have flocked to Amazon to stock up on basic supplies like pasta, water, and toilet paper.
(RTTNews) - Starbucks Corp. (SBUX) announced that it will temporarily close all its company-operated stores in the U.S. and Canada will move to a drive-through-only model for at least two weeks. Further, the company confirmed that it will pay U.S. partners for the next 30 days,
In a blog post on Friday, Netflix's (NASDAQ: NFLX) chief content officer Ted Sarandos said the streaming giant has established a $100 million fund to help support the hourly workers that support many of its projects.
Healthcare organizations are working on a number of different types of treatments for COVID-19, repurposing old drugs, as well as developing new ones. However, the Food and Drug Administration (FDA) confirmed that it's working on developing a new type of treatment using the bloo
Despite the cannabis industry's struggles, sales in its most important fully legalized market continue to grow. On Friday, Statistics Canada released its latest set of economic data, revealing that sales of licensed cannabis increased by 4.3% in January on a month-over-month bas
What happened
Shares of car replacement-parts retailers AutoZone (NYSE: AZO) and Advance Auto Parts (NYSE: AAP) closed trading down 12% and 12.7%, respectively, on Friday. Replacement home-parts retailer Home Depot (NYSE: HD) fell as well -- down 5.6%.
The Food and Drug Administration (FDA) is warning consumers about the marketing of unauthorized fraudulent in-home test kits designed for COVID-19, the disease caused by the new coronavirus. The FDA is worried about potential false-negative results from the kits. "They may keep