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Trump Says He’s ‘Strongly’ Considering Reclassifying Pot Via Executive Order
President Donald Trump confirmed he’s considering an executive order loosening regulations on marijuana.
Consumers Are Feeling Gloomy About The Economy. Here’s Why They’re Spending Anyway
Consumer sentiment has fallen and layoffs are rising, yet U.S. shoppers have fueled solid retail sales growth.
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Hedge Funds Ramp Up Stock Exposure in ‘Bear Market Rally’
Net long exposure to equities jumped to 34 percent this month, up 15 percentage points from April, Bank of America found in its latest survey.
Virus Jargon Is Schooling Traders Fast
Strategists note they are not epidemiologists. Nor are they doctors or biologists or virologists. But getting up to speed on each has become crucial.
Credit Suisse Will Need Fewer Employees Post Crisis
Online banking is becoming more important and will lead to a decrease in the importance and number of branches, CEO Thomas Gottstein says.
Why the U.S. Has Shunned Negative Interest Rates
There’s an undercurrent of worry among investors that they should protect against this scenario as the global economy reels from the pandemic.