Month: June 2020

What happened Facebook (NASDAQ:FB) stock took a hit in Friday trading, falling 6.5% through 12:10 p.m. EDT, in the wake of an announcement from Verizon (NYSE:VZ) last night that it is "pausing" purchase of online ads from Facebook and its wholly owned Instagram subsidiary.  So what On Thursday, the Anti-Defamation League published an open letter criticizing Verizon for the presence of one of its ads found on Facebook "next to a video from the conspiracy group QAnon drawing on hateful and antisemitic rhetoric." Image source: Getty Images. Just hours later, after close of trading on the Nasdaq, Verizon announced that it is pulling its ads until Facebook "can create an acceptable solution that makes us comfortable" and ensure that Verizon's ads won't appear on the same page alongside pos...

Over the last four-plus months, Wall Street and investors have been taken on an historic ride. Panic and uncertainty associated with the coronavirus disease 2019 (COVID-19) initially sent the widely followed S&P 500 lower by a whopping 34% in just 33 calendar days. That's the fastest and steepest descent into bear market territory in history. However, over the following 11 weeks, the benchmark S&P 500 regained more than 80% of its losses, with the technology-focused Nasdaq Composite galloping to new highs. And mind you, all of this has occurred with the unemployment rate at highs not seen since the Great Depression and COVID-19 cases ticking higher in a number of U.S. states. While the stock market has historically bottomed out well before the U.S. economy found its trough, there ...

So much for the V-shaped recovery. The yield on the benchmark 10-year Treasury note TMUBMUSD10Y, 0.647% just broke below a rising trend line, to suggest the uptrend off the COVID-19 low in early March has ended. That uptrend in rates was significant for both Main Street and Wall Street. It helped to support the belief that the worst of the effects of the COVID-19 pandemic on the economy was over, with data suggesting the labor market was improving rapidly as all 50 U.S. states phased in measures to reopen their economies. See Economic Reports for recent economic data.Bond yields rise as prices fall. “The break here suggests that the pattern of higher lows since April has been blocked, and we may see lower yields in sessions...

Enhanced unemployment benefits are ending July 31. Sarah Tew/CNET For the most up-to-date news and information about the coronavirus pandemic, visit the WHO website. Benefits designed to ease financial stresses for Americans during the coronavirus pandemic are coming to an end by July 31, leaving millions of jobless or underemployed Americans wondering what comes next. The CARES Act, signed into law on March 27 by Pr...

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Days after Sushant Singh Rajput passed away in Mumbai, his close friend Sandip Ssingh has expressed his disappointment on how people have reacted to this unfortunate incident. Written By Pinkvilla Desk 206485 reads Mumbai Updated: June 27, 2020 02:02 pm Sandip Ssingh on close friend Sushant Singh Rajput’s demise: People created a drama out of his death It’s been days since Sushant Singh Rajput breathed his last and fans are still in disbelief. The actor was found dead in his Mumbai apartment on Ju...

Ariana Grande and Kylie Jenner have several things in common. Both women are superstars in their chosen fields, Grande as a popular singer/songwriter and Jenner as a cosmetics maven and reality star. In addition, both young women have grown up in the public eye, with Grande reaching maturity on television, in the Nickelodeon show Sam & Cat, and Jenner on her family’s reality series, Keeping Up with the Kardashians. Ariana Grande | Axelle/Bauer-Griffin/FilmMagicSince they do share so many similarities, fans might expect that the two have spent time together over the years. However, in light of a recent “unfollowing” spree that Grande did on social media, fans have started to speculate that the two women never actually established a friendship. Ariana Grande has b...

The filmography of Keanu Reeves is so vast, it might have slipped some people’s minds he never did appear in the sequel to Speed. Perhaps this is forgotten since Reeves has agreed to appear in numerous sequels since then. All the Matrix films are obvious, as is the John Wick franchise. Also, Bill and Ted 3 is on the way. Back when Speed came out, though, Reeves was still relatively early in his career. No doubt he realized making sequels was a risky maneuver when so many bad ones had already been made by then. Also, Speed seemed like catching rare lightning in a bottle. No wonder he refused to appear in the follow-up. Keanu Reeves’ star level at the time of ‘Speed’ RELATED: Keanu Reeves Revealed ‘the Only Reason’ Why He Returned for ‘The Matrix 4’ Any...

A few days into Amazon's aptly named The Big Style Sale and there are even more great deals live (hello $5 crop tops and $8 leggings). Shoppers can snag heavily discounted clothes, shoes, jewelry, and accessories from Amazon's fan-favorite private labels (like Core10 and Goodthreads), as well as popular designer labels (see: Theory, Puma, Kate Spade). Select pieces from The Shop x Shopbop will be on sale, too. To help you find the best deals and biggest savings, Bustle editors will be updating this page around the clock with the best and latest deals, so be sure to keep checking back. Happy shopping! We only recommend products we love and that we think you will, too. We may receive a portion of sales from products purchased from this article, which was written by our Commerce team. 47% ...

A few days into Amazon's aptly named The Big Style Sale and there are even more great deals live (hello $5 crop tops and $8 leggings). Shoppers can snag heavily discounted clothes, shoes, jewelry, and accessories from Amazon's fan-favorite private labels (like Core10 and Goodthreads), as well as popular designer labels (see: Theory, Puma, Kate Spade). Select pieces from The Shop x Shopbop will be on sale, too. To help you find the best deals and biggest savings, Bustle editors will be updating this page around the clock with the best and latest deals, so be sure to keep checking back. Happy shopping! We only recommend products we love and that we think you will, too. We may receive a portion of sales from products purchased from this article, which was written by our Commerce team. 47% ...