NewsWatch: Economy suffers titanic 32.9% plunge in 2nd quarter, GDP shows, and points to drawn-out recovery

This post was originally published on this site

MARKETWATCH FRONT PAGE

An economy badly battered by the coronavirus shrank at a record 32.9% pace in the second quarter, underscoring just how big a hole the U.S. finds itself in as it labors to recover from the deepest recession in American history See full story.

Dr. Fauci recommends wearing goggles to prevent catching the coronavirus

Should you wear eye protection to fend off COVID-19? Here’s what research says so far. See full story.

Bye, boomer: the coming cull of workers over 50

Employers seize on slumps to purge more expensive, more experienced workers, study warns See full story.

Buy stock dips because the S&P 500 could ‘easily’ reach 3,500 next year, says Credit Suisse

Our call of the day, from Andrew Garthwaite, Credit Suisse’s global equity strategist, has a list of reasons why investors should keep buying any dip in stocks. See full story.

A mutual fund made a $105 million mistake. Here’s what investors need to know.

A mutual fund administrative error cost shareholders over $100 million and may serve as a warning that investors have to keep an eagle eye on their holdings. See full story.

MARKETWATCH PERSONAL FINANCE

Investors and company leaders should pay attention to this key profitability measure, writes Jack Myers. See full story.

Add Comment