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Market News

Location American Market News for 30 May 2020

Remote Work Could Spark Housing Boom in Suburbs, Smaller Cities

Wall Street Journal - 30 May 2020 15:00
Online real-estate platforms are reporting increased buyer demand as remote-work culture spreads, but whether they will find sellers remains an open question.
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Trump Vetoes Student Loan Forgiveness Bill

Forbes - 30 May 2020 03:38
Trump Vetoes Student Loan Forgiveness Bill Student loan forgiveness.
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Saudi Central Bank Gave Country's Wealth Fund $40 Billion

Wall Street Journal - 30 May 2020 01:22
Saudi Arabia's central bank transferred $40 billion to the kingdom's wealth fund, the Saudi finance minister said, as the state-owned investor picked up minority stakes in U.S. corporations.
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One COVID-19 Chart To Explain The V-Shaped Market & Economic Recovery I have been advocating that people should expect a strong reopening based on the data.
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Google Rival Algolia's CEO Raised $110M Then Hired His Replacement Search as a service leader Algolia is growing fast in the wake of Covid-19. Why did its founder raise $110 million last September and then hire his replacement?
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Next Stimulus Measure Should Help Markets, With Or Without Checks Stimulus checks have helped the markets and economy. Further stimulus seems likely, but may take a different form.
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Military Police Headed To Minneapolis As Officials Blame Chaos On Outsiders "Let's be very clear, the situation in Minneapolis is no longer in any way about the murder of George Floyd," Walz said.
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How To Invest For Safe 7% Dividends, And Upside, Now (Contrarians Only) If you're like most people, you're wondering how in the world the market can be doing this well when the country has been on lockdown for the better part of two months!
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Supreme Court Won't Force States To Reopen Churches Chief Justice John Roberts cast the deciding vote in a rare late-night ruling.
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Kylie Jenner, Responding To Forbes Report, Says She Never 'Tried To Lie' The 22-year-old cosmetics mogul is still worth $900 million.
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