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The recent spike of coronavirus cases in some states is stoking concern among investors that the economy will sustain longer-term damage. Accordingly, Evercore ISI has compiled a list of stocks to buy that are shielded from the pandemic fallout and primed to beat the market. Click here to sign up for our weekly newsletter Investing […]

Institutional investors bought private bonds backed by Italy’s most powerful organized crime group in the past three years, according to a Financial Times report. Pension funds, hedge funds, family offices, and a private Italian bank bought about 1 billion euros ($1.1 billion) of the debt. In one deal, investors bought bonds linked to assets sold […]

Fox News host Tucker Carlson on Tuesday night questioned safety measures being used in some schools to slow the spread of the coronavirus. He said: “Many schools that do plan to reopen will do so under a series of restrictions that have no basis of any kind in science. It’s kind of a bizarre health […]

Billionaire venture capitalist Chamath Palihapitiya criticized US authorities for helping companies more than consumers in a Yahoo Finance interview on Tuesday. “We gave hundreds of billions of dollars in all kinds of random ways,” the Social Capital CEO and Virgin Galactic chairman said about the Federal Reserve and US Treasury’s actions during the coronavirus pandemic. […]

Here’s what you need to know before markets open. 1. Trump’s advisers reportedly considered proposals to undermine Hong Kong’s peg to the US dollar, threatening a system that has been in place since 1983. President Donald Trump’s top most officials considered proposals to limit Hong Kong’s peg to the US dollar as part of its […]

Watch Video With COVID-19 cases continuing to steadily climb in the U.S., health care workers are worried about hospitals once again running short on personal protective equipment. The president of the National Nurses United union told the Associated Press that equipment like shoe and hair covers, gowns and face masks are in short supply. She […]

Esports viewership is on the rise. Thanks in part to streaming services such as Twitch, the number of esports fans globally is anticipated to surge 59% over the next four to five years. This rapid expansion, coupled with the tendency for esports spectators to be younger and more receptive to sponsorship, is driving brand investment […]

Kanye West announced on July 4 he wants to run for president. In an interview with Forbes published Wednesday, West said he is being advised by Tesla CEO and tech billionaire Elon Musk. That seems to be backed up by recent remarks. On Twitter, Musk commented on West’s July 4 announcement: “You have my full […]

The US’s daily coronavirus deaths have stayed relatively flat despite rapidly rising case counts. Public-health experts have suggested a few reasons for that: Young people represent a growing share of cases, and increased testing means more mild cases are diagnosed. But increased testing could also create a longer lag time between when cases are confirmed […]

The US administration reportedly discussed limiting Hong Kong’s peg to the dollar that has been in place since 1983, in response to China’s draconian security law passed in May. Bloomberg reported Wednesday, that the possibility of limiting Hong Kong banks’ ability to buy dollars, has been raised with US secretary of the State Mike Pompeo, […]