Stocks futures opened the overnight session mixed, as market participants took a pause following a regular-session rally. By market close Monday, the S&P 500 turned slightly positive for the year to date and the Nasdaq hit a fresh closing high. Four of the S&P 500’s 11 sectors – the information technology, consumer discretionary, communication services […]
New York City, once a global epicenter of the coronavirus outbreak, began reopening Monday after 100 days under strict restrictions to help flatten the COVID-19 curve, even as infection rates across other regions continue to climb. Worldwide, the outbreak has now...
Tom Rossiter got the official notice on June 1. The 33-year-old teacher, who taught seventh and eighth grade math in Rochester City, New York, was told that he was being let go at the end of the school year. His school district had been struggling with a $150 million...
The Federal Reserve moved on Monday to expand the scope of its Main Street Lending Program by lowering the minimum loan size to $250,000 and extending the loan terms to five years. The Fed says it will also take on 95% of all the Main Street loan risk, to incentivize...
For most of Donald Trump’s presidency, a buoyant stock market has helped inoculate Trump from scandal and controversy. That pattern is breaking down. After a month-long plunge from late February to late March, stocks have surged by 44%. Yet Trump is getting no credit...
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