American billionaires got $434 billion richer during the pandemic...Continue...Read More

"We are going to put out the fires. We're not going to close the country," Trump said. "We can put out the fires. Whether it is an ember or a flame, we are going to put it out. But we are not closing our country."Continue...Read More

Low birth rates and declining populations can cause these social security programs to fail.But Covid is having an even deeper impact on these programs. Continue...Read More

"The issue is about unconstitutional eavesdropping."Dr. Rand Paul is the junior United States Senator for Kentucky. Elected in 2010, he has proven to be an outspoken champion for constitutional liberties and fiscal responsibility, and a warrior against government overreach. A graduate of Duke University School of Medicine, Rand was a practicing ophthalmologist in Bowling Green, Ky., for 17 years....Read More

"There is no, or no sufficient, basis for such refusal," the court documents said. "BoE's conduct is wrongful."Continue...Read More

Here's what to do.If you are fully invested or close, hold your positions.If you missed Continue...Read More

China's leading stainless steel producer, Tsingshan Group, has raised its ferro-chrome tender price for June delivery by 500 yuan ($70) per tonne month on month.The move has come with the prices for chrome ore and imported charge chrome both surging on supply tightness created by the measures used to try to control the outbreak of Covid-19 in South Africa.The mill, whose base is in Eastern China,...Read More

Nexus Gold agreed to purchase two additional mineral claims adjacent to its McKenzie Gold project in Red Lake, Ontario. Gold development company Nexus Gold Corp. (NXS:TSX.V; NXXGF:OTCQB) reported in a news release, that it has entered into an arms-length agreement with Shane Stares to acquire two additional mineral claims located in Red Lake, Ontario.The firm indicated that the additional claims...Read More

Technical analyst Clive Maund explains why he believes investors should be looking at silver right now. We are now entering the final part of the endgame of the latest fiat experiment and the actions of the Fed and other central banks virtually guarantee that most currencies, including and especially the dollar, will end up totally worthless, just like in the Weimar Republic in Germany in 1923. N...Read More

AMZN, NFLX, and AAPL all ended in the redAfter spending most of the day waffling below breakeven, the Dow settled roughly 100 points lower, as Wall Street weighed mixed economic data that included another spike in weekly jobless claims. A new wave of U.S.-China tensions is also spooking traders,alongside a new bill that could delist Chinese companies on U.S. exchanges. The resurgent tech sector...Read More

Royal Caribbean is in a better financial position than sector peersThe shares of Royal Caribbean Cruises Ltd (NYSE:RCL) are up 7.4% to trade at $43.66 today, after receiving a price-target hike to $52 from $48 from Stifel, and an initiation of coverage at Credit Suisse of "outperform" alongside a $67 price target. While its sector peers continue to struggle thanks to coronavirus-related lockdown...Read More

NWL is staring up at stiff resistance to bootYesterday, we chronicled the best S&P 500 stocks to own during Memorial Day week, historically. Now, Schaeffer's Senior Quantitative Analyst Rocky White is back to give us the worst 25 stocks to own during the holiday-shortened week. Leading the charge is Newell Co (NASDAQ:NWL), boasting particularly lackluster Memorial Day week returns in the last 10...Read More

L Brands plans on closing 250 Victoria's Secret stores this yearL Brands Inc (NYSE:LB) just reported first-quarter losses and revenue that missed analysts' estimates. The apparel retailer's Victoria's Secret branch, which has been steeped in controversy lately, saw its sales for the first-quarter cut in half, while its Bath & Body Works sales dropped by 18%, with both branches hit hard by coronav...Read More

Weekly jobless claims will be at the forefront once againMay ends with a week packed of economic reports and earnings, although the window to squeeze everything in is tightened by Memorial Day on Monday. As the recent past has shown, investors will be glued to their screens on Thursday as another weekly jobless claims report comes out. Additionally, the last week of the month will feature a revise...Read More

The Dow is down nearly 145 points middayThe broad market's rally appears to be breaking today, with the Dow Jones Industrial Average (DJI) down nearly 200 points midday. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also in the red, as weekly jobless claims, U.S.-China tensions, and a dip in FAANG stocks weigh. However, positive sentiment remains over states easing lockdowns, and data fr...Read More

EXPE reported a revenue beat and a wider-than-expected loss for its first quarter The shares of Expedia Group Inc (NASDAQ:EXPE) are down 1.5% at $78.40 at last check, after the company reported wider-than-expected first quarter losses for share. However, the company also announced a revenue beat, and forecast a rebound for May as cancellations stabilize. Following the news, analysts chimed in with...Read More

Medtronic's fourth-quarter earnings and revenue fell short of analysts' estimatesMedtronic PLC (NYSE:MDT) entered the earnings confessional this morning, but came up short of Wall Street's estimates. The shares of the medical technology and services company are down 1.5% to trade at $96.64, after posting fourth-quarter profits of 58 cents and revenue of $6 billion, both well below analysts expect...Read More

This week has been a wild and emotional one and it’s just started! With Monday’s big pop in the stock indexes, the big rally was based on vaccine news and bullish comments from the fed, convincing most traders and investors to be overly bullish this week.My volume flow indicator showed a reading of 10 all day yesterday, which means ten shares were being bought on the NYSE at the ask, t...Read More

By: Ira EpsteinDoes crude oil have much room to rally from here? Gold is not down much from its recent 7-year highs. You can see the tighter range in the market in consolidation..Read More

Mastercard said its employees will not have to return to offices until it is safe to do soMore and more companies are jumping on the trend of allowing their employees to do remote work for the foreseeable future, even as lockdown restrictions are being lifted. The list includes Twitter (TWTR), Visa (V), American Express (AXP), and now Mastercard Inc (NYSE:MA). While not as extreme as Twitter, whi...Read More