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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.
Recent
JPM Sees Unemployment And Slowdown Dragging Into 2021
Growth through 2021 will be weaker than previously projected, the researchers said, citing damaged balance sheets and state and local spending cuts.
Howard Marks: Fed Only Thing Holding Treasury Market Up
The stock and bond markets' rally on Federal Reserve aid will backfire once the economy turns around, the Oaktree Capital founder believes.
Billionaire Marc Lasry: Market Not Pricing In Prolonged Recession
Much of the country's recovery hinges on an uptick in spending, and Lasry fears soaring unemployment and diminished confidence will delay the rebound.
Icahn Was Hurting On Oil, Now Hertz Goes Bankrupt
While Hertz has generated consistent growth in both price and volume over the last three years, virus-related disruptions raise doubts about survival.