Wall Street closes higher, Nasdaq sets record as potential vaccines show promise
NEW YORK (REUTERS) – Wall Street gained ground on Monday (July 20) and surging technology shares pushed the Nasdaq to a record closing [...]
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When the US sneezes, the world catches a cold. What happens when it has severe Covid-19?
WASHINGTON (REUTERS) – During a blue-sky moment in 2018 near the end of a decade-long economic expansion, it was the United States that [...]
California's new lockdown dims outlook for US economic growth in pandemic
NEW YORK (REUTERS) – California Governor Gavin Newsom’s decision on Monday (July 13) to reimpose restrictions on bars, restaurants, gyms and even ordinary [...]
Elon Musk soars past Warren Buffett on billionaires ranking
NEW YORK (BLOOMBERG) – Elon Musk is now richer than Warren Buffett. The fortune of Tesla’s founder rose US$6.1 billion (S$8.5 billion) on [...]
With department stores disappearing, malls could be next
CHICAGO (NYTIMES) – The directory map for the Northfield Square Mall in Bourbonnais, Illinois, has three glaring spaces where large department stores once [...]