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The alarming rise of algorithms as heroes of stocks' recovery
Ari Rubenstein knows it’s an opinion people don’t want to hear. That two decades of computer takeovers on exchanges, advancements that put thousands of people out of work and left high-frequency traders like him in control, are what kept markets humming during the coronavirus.
Dumb ways you could lose it all by trying to get rich
Don't gamble your money away in foolish ways.
USPS reports whopping loss, warns of pandemic pain
The U.S. Postal Service on Friday said it lost $4.5 billion in the quarter ending in March, more than double its loss over the same period last year, and warned COVID-19 could hurt its finances severely over the next 18 months.
Virus pushes America's hospitals to the brink of financial ruin
The century-old Henry County Health Center in southeast Iowa was already losing money before the pandemic hit. With a shrinking number of births and trouble recruiting staff, it had planned to close its obstetrics department.
Cities That Spend The Most — and Least — on Groceries
Here's where Americans shell out more to put food on the table.
California county says Tesla may not reopen vehicle factory
Tesla "must not reopen" its vehicle factory in the San Francisco Bay area as local lockdown measures to curb the spread of the coronavirus remain in effect, the local county health department said on Friday.
Want your relief check by direct deposit? Better hurry
If you want to get your $1,200 stimulus check more quickly, you need to make sure the government has your bank account information on file. But time is running out. You now have until noon on May 13 to enter that data.
Guns and 32 Other Things You Don't Need To Buy During the Coronavirus Pandemic
Don't waste your money on these items.
Souplantation's buffet-style restaurants closing for good
The permanent shuttering of the 97 restaurants was announced Thursday following weeks of efforts to salvage San Diego-based Garden Fresh Restaurants, the parent company of Souplantation and Sweet Tomatoes, which operates outside of Southern California. The closing will mean lost jobs for 4,400 employees.
Virus shows how easy it is to go from middle class to poverty
As the unemployment rate skyrockets and over 20 million are out of work, some are slipping through the giant holes in the U.S. safety net.
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