Month: June 2020

This has been a hard year for retirement savers. The National Bureau of Economic Research says the U.S. entered a recession in late February, and some estimates say 2020 will see a six percent contraction in GDP. But you look at the stock market and see a totally different story. From its mid-February top of
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A sign announces that Phillies Florida Operations and Spectrum Field, spring training home of the Philadelphia Phillies, have been shut down on May 20, 2020 in Clearwater, Florida. Mike Ehrmann | Getty Images The Major League Baseball Players Association has rejected the league’s latest plan to start operations suspended by Covid-19, the union confirmed in
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Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor Bill Ackman, who made a killing this year by nailing the market bottom, on Monday disclosed plans for an initial public offering of a $4 billion blank-check company, which will target so-called “Mature Unicorns.” The new investment vehicle named Pershing Square
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TOPLINE Asked whether the government will send Americans another stimulus check in an interview Monday with Scripps Washington correspondent Joe St. George, President Trump said, “Yeah, we are,” and indicated that another bipartisan stimulus bill is on the way, but did not elaborate further on the possibility of another round of direct payments to Americans. 
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Transparency is always the right strategy Jonathan Miller standing on the rooftops overlooking Central Park in Manhattan. Jonathan Miller When the Covid-19 crisis began half way through March, the Manhattan housing market was placed on “pause,” as were many housing markets around the country. New York State “Shelter in Place” rules prevented the in person
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Coronavirus cases reaching record numbers globally are not just the result of more countries testing, the World Health Organization said Monday.  “We do not believe that this is a testing phenomenon,” Mike Ryan, executive director of the WHO’s emergencies program, said at a press conference at the organization’s Geneva headquarters. “Clearly when you look at the
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Virgin Galactic’s spacecraft outside Spaceport America in New Mexico. Virgin Galactic Shares of Virgin Galactic shares jumped Monday after it signed an agreement with NASA that will allow the space tourism venture to train astronauts for trips to the International Space Station on flights to the edge of space. The company — which is publicly traded
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People enjoy the beach in Leme, south of Rio de Janeiro, Brazil, on June 21, 2020 during the Covid-19 coronavirus pandemic. CARL DE SOUZA A surge in coronavirus cases in the U.S. and Brazil, and further outbreaks in Germany — where the reproduction rate of the disease has risen substantially — are concerning global health experts,
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