UK adds nine more COVID symptoms to official list as its struggles with record case load

The official list of symptoms of COVID-19 has been expanded in the UK, where cases are currently running at the highest level since the start of the pandemic. The National Health Service added nine new symptoms to the list of just three, including sore throat, fatigue and headache, as the Guardian reported. About1 in 13 … Read more

CEO of Robinhood rival shines fresh light on what retail investors are doing. Wall Street needs to pay attention.

From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed of, such as meme stocks. Our call of the dayfrom the founder and chief executive officer of competitive stock trading app Zingeroo, says … Read more

Mortgage Rates Surge to Highest Since 2018

The average rate for a 30-year fixed-rate loan jumped to 4.67%, mortgage-finance giant Freddie Mac said Thursday, marking the weekly figure’s highest reading since December 2018. The 30-year fixed rate rose from 4.42% a week ago, continuing a steady rise that has pushed home-loan rates within sight of 5% for the first time in four … Read more

There may be little upside left in this stock rally, says Goldman Sachs. Here’s where it advises investors to put their money now.

After seven straight quarterly wins, the S&P 500 is about to log a 3% loss in the first quarter. The last losing quarter was a COVID-fueled 20% slump in March 2020, But a 5% gain for March will make for the best month since October, and the index remains just 4% off its Jan. 4 … Read more

Robinhood extends trading hours from 7 am to 8 pm — 3 rookie mistakes when trading stocks after hours

At 7 am, it can be the time for a morning coffee while 8 pm can be time to have supper, watch your favorite television shows, or even enjoy a glass of wine. If you have a Robinhood account, it’s also becoming a time to play the stock market during extended trading hours — but … Read more

California grocery workers vote to authorize strike

Thousands of central and Southern California grocery workers have voted to authorize their union to call a strike against several major supermarket chains ByThe Associated Press March 27, 2022, 9:50 PM • 3 min read Share to FacebookShare to TwitterEmail this article LOS ANGELES — Thousands of central and Southern California grocery workers have voted … Read more

Larry Fink says globalization is over — Here’s what it means for the markets

BlackRock founder Larry Fink declared that the Russia-Ukraine war is bringing the era of globalization to an end, but investors should keep in mind that the global economy and the financial system can’t turn on a dime, analysts say. “There is a lot of talk about countries going back to local production and the era … Read more

Opinion: Ned Johnson’s recipe for Fidelity’s success: Give investors a big helping of fund choices and star managers

Few of us changes the world for the better. Edward “Ned” Johnson, III, who became chairman and CEO of Fidelity Investments in 1977 when the firm’s assets under management totaled $3.9 billion, is among those few. In fact, millions of households are today investing in mutual funds in their 401(k) plans, IRAs, and other types … Read more

Nevada casino to pay $8M for serving chemicals, not beer

A jury in Las Vegas awarded $8 million to a 38-year-old middle school special education teacher who sued after being permanently injured when he was served cleaning solvents instead of tap beer at a casino bar ByThe Associated Press March 25, 2022, 9:55 PM • 2 min read Share to FacebookShare to TwitterEmail this article … Read more

Weekend reads: the slowing housing market and inverted yield curve signal a coming recession

It is human nature to fear missing out as prices skyrocket, But all bubbles burst eventually. Ian Shepherdson of Pantheon Macroeconomics predicts a 25% decline in US home sales. What will that do to prices? Weigh in with your thoughts. A classic signal for a recession On March 24, the yield on five-year US Treasury … Read more