NewsWatch: Goldman Sachs just lifted its S&P 500 price target. Here’s why

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MARKETWATCH FRONT PAGE

Goldman Sachs is more optimistic than many on the U.S. economy. See full story.

Did Warren Buffett just bet against the U.S. economy? His latest investment raises some questions

Warren Buffett has long been critical of gold as an investment, saying it “has no utility” and that the “magical metal” is no match for “American mettle.” He once wrote that “Anyone watching from Mars would be scratching their head” over how we treat the shiny stuff on this planet. Is he having a change of heart? See full story.

Democrats to open convention like no other as Biden’s big party goes virtual

Forget the balloon-drops, backslapping and cheering crowds: this year’s Democratic National Convention, beginning Monday, will be an almost entirely virtual event, as the party faithful gather around computer screens and TVs to celebrate Joe Biden as their presidential nominee. See full story.

New York City is ‘dead forever,’ according to one proud New Yorker

Will the city that never sleeps ever wake up? Not according to James Altucher, a best-selling author and former hedge fund manager, who says that New York City is “dead… forever.” See full story.

How meat plant COVID outbreaks revealed ‘devastating’ workplace conditions

A series of coronavirus flare-ups in food facilities has highlighted lax labor practices in the U.S., U.K. and Germany. See full story.

MARKETWATCH PERSONAL FINANCE

‘We have a huge percentage of Asian Americans in the hospitals helping to save people from COVID-19 right now. At the same time, we have been targeted just because of how we look.’ See full story.

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