Market Strategist Warns 'Pain Felt On Main Street Quite Distinct From What's Reflected In Stock Market'
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
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In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
While some kids may have been playing video games or watching movies all day when everyone was asked to stay-at-home during the coronavirus pandemic, there were four kids, all under the age of 10, who learned to play the stock market.
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
The coronavirus crisis has hit corporate America hard, with many businesses closed and entire industries ground to a halt.
The Dow Jones closed down nearly 3,000 points, marking the biggest one-day drop in history.
U.S. stocks plunged so quickly Monday that trading was halted as frightened investors fled the markets amid growing economic uncertainty over the spreading coronavirus.
The coronavirus outbreak isn't just a global health concern, it's also been economically disruptive.
Markets staged a miraculous comeback Wednesday following stocks' worst-ever Christmas Eve. The Dow posted biggest daily point gain ever.
The Dow dropped 799 points, or 3.1%, on Tuesday. At one point, the index was down 818 points. The S&P 500 declined 3.2%, while the Nasdaq tumbled 3.8%.
Wednesday was a good day on Wall Street.
Wall Street has tried to ignore warning signs about a trade war for months. It can't any longer. The Dow sank 287 points on Tuesday.
The stock market bounced back after a less-than-positive start to the week.
Stocks tumbled Friday as trade tensions between the United States and China heated up.
President Donald Trump says he wants to protect American taxpayers by going after Amazon.
The Dow closed down 459 points on Monday amid trade war fears and a presidential attack on Amazon.
Wall Street's trade war fears are easing — for now. The Dow jumped more than 600 points Monday after its worst week in two years.
President Donald Trump's announcement that his administration will impose tariffs on steel and aluminum imports caused stocks to plummet on Wall Street.
Wall Street capped a week of violent swings with a big gain.
The last half hour of trading on Thursday was brutal as a 450 point plunge added to a terrible day on Wall Street.
It was a day of nonstop action on Wall Street.
Global stock markets are a sea of red, but investors shouldn't start panicking just yet.
U.S. stocks plunged on Monday, marking a second day of trading that generated steep declines.
Wall Street just suffered the worst day of the Trump presidency.
U.S. markets surged Tuesday morning topping 26,000 for the first time ever but the huge gains faded in afternoon trading.
Fear -- of missing out: Fear can influence the stock market in powerful ways -- during booms as well as busts.
Bright blue skies and lots of sunshine will push temperatures into the low 80s across both Miami-Dade and Broward Counties.
A woman's body was found on the sand on Hollywood Beach early Friday morning, Hollywood police say.
The Spanish soccer club Valencia said that a coach for its women's reserve team, Fernando Martín, and three of his children were among the victims.
Jeffrey R. Holland was next in line to lead the Mormon church under a long-established succession plan.
The boy, identified by police as Coco, was found in chest-deep waters but was not injured.
Bright blue skies and lots of sunshine will push temperatures into the low 80s across both Miami-Dade and Broward Counties.
A woman's body was found on the sand on Hollywood Beach early Friday morning, Hollywood police say.
Jeffrey R. Holland was next in line to lead the Mormon church under a long-established succession plan.
The boy, identified by police as Coco, was found in chest-deep waters but was not injured.
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The American Automobile Association said this is a dangerous time of year for young drivers.
As prosecutors contend with a massive trove of Epstein files, President Trump suggested Friday the Justice Department is spending too much time on the issue — but said Democrats should be named.
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
Jim Defede's guest this week on Facing South Florida is James Fishback, a Republican candidate for the Florida governor's office.
Guest host Lauren Pastrana is joined by Ron Book, chairman of the Miami-Dade Homeless Trust.
Guest host Laura Pastrana talks with one of the big winners from Tuesday's runoff elections, Miami Beach Commissioner-elect Monica Matteo-Salinas.
Jim Defede goes in-depth on the second vote by the Miami Dade College Trustees to donate land for the proposed Trump Presidential Library.
Jim DeFede investigates the millions of dollars in state funding cuts for meal programs across South Florida.
If you don't feel well, particularly if you have a fever and worsening symptoms, Dr. Glazier says, skip the get-together.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
A California digital health company and a Florida medical practice have been indicted in an alleged $100 million scheme to illegally distribute Adderall over the internet to patients across the country who didn't need it, federal prosecutors said Wednesday.
Physicians and educators spoke out against the proposed repeal of vaccination requirements for diseases such as chickenpox during a Department of Health workshop in Panama City Beach, while vaccine critics applauded Gov. Ron DeSantis' administration for advancing the plan.
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.
Just in time for the holiday season, Nintendo has released Nintendo Switch bundles and special editions.
For that authentic grilling experience, you can't beat a charcoal grill. We've rounded up the best grill options.
Discover the best tech gifts during the 2024 holiday season that your friends and loved ones will absolutely adore.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Discount store chain Target says it's joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
The band announced Perry Bamonte's death on their official website on Friday.
Smith previously played young Nala in "The Lion King" on Broadway.
Mickey Lee, a former "Big Brother" houseguest known for her vibrant personality and bold gameplay, has died, her family announced in a social media post shared Friday.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.