Month: June 2020

Social unrest will likely weigh on the stock market this summer, pros say. …read more […]

A reader wrote us last week about Know-How.
He said he loves what we’re up to, but he wants to learn more new things.
In this case, it was a doc who wanted to learn how to fix his ice maker.
Good on him, we said.
But that’s not our thing.
That’s good Know-How… but it’s not what we’re aiming for. At least, not here.
Our aim is to inform you about the lies, the myths and the legends of the world. We want to create a readership that sees the flaws in everyday “logic” and doesn’t just avoid them… but hates them with a passion.
Our …read more […]

Authorities shut down parts of Beijing after a surge in new cases; White House economic adviser Larry Kudlow says a return-to-work bonus should replace a weekly $600 unemployment boost; Tulsa’s health department director wishes President Trump would postpone his rally. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Greg Baker/Getty Images …read more […]

BP will write off up to $17.5 billion from the value of its assets after cutting its long-term oil and gas price forecasts, betting the COVID-19 crisis will cast a lasting chill on energy demand and accelerate a shift away from fossil fuels. Like its rivals, the British oil major is set to take a big hit to revenue from an unprecedented collapse in oil demand due to the pandemic. The move comes as Chief Executive Bernard Looney prepares to outline his strategy in September to “reinvent” BP including a reduced focus on oil and gas and …read more […]

The put-call volume ratio of bitcoin options suggests Monday’s price decline could be short-lived. However, the cryptocurrency remains vulnerable to a sell-off in stocks …read more […]

Top news and what to watch in the markets on Monday, June 15, 2020. …read more […]

Does the June share price for Apple Inc. (NASDAQ:AAPL) reflect what it’s really worth? Today, we will estimate the… …read more […]

(Bloomberg) — European equities slid again after slumping the most since March last week on lingering concerns about a second wave of infections and the pace of economic recovery.The Stoxx Europe 600 Index declined 1% as of 10:30 a.m. in London, paring an earlier drop of as much as 2.6%. Cyclical sectors such as travel, miners and oil sectors led losses, while defensives including health-care shares outperformed.The rally that saw European stocks rise more than 30% from March lows came to a halt last week as Covid-19 cases picked up in more than 20 U.S. states. Value and cyclical stocks …read more […]

With large gatherings limited during the coronavirus pandemic, artists are experimenting with new ways to perform, and some of these shows are already attracting millions of fans globally. WSJ explains. Image: Epic Games …read more […]