The numbers: Americans ratcheted up their spending in August for the fourth month in a row in a good sign for the economy, but the increase was the smallest since the U.S. reopened and pointed to a slower recovery. Consumer spending rose 1% in August,
Gap says it has added millions of online customers during the second quarter. Getty Images Gap Inc. said Thursday that it will hire 10,000 seasonal employees for the 2020 holiday shopping season, with workers brought on board to handle the surge in coronavirus-related digital sales.
Pedestrians walk across a mostly empty Sol Plaza in the center of the Spanish capital of Madrid on September 30, 2020. MarketWatch/Kollmeyer Spain’s central government ran out of patience with heavily coronavirus-infected regions such as Madrid on Thursday, ordering fresh lockdowns to bring soaring coronavirus
MarketWatch photo illustration/Getty Images|, iStockphoto NEW YORK (Project Syndicate)—Joe Biden has consistently held a wide polling lead over President Donald Trump ahead of November’s election. But, despite Trump’s botched response to the COVID-19 pandemic—a failure that has left the economy far weaker than it otherwise would have
: Boris Johnson rails against calls to let the virus ‘take its course,’ warning the nation is at a ‘critical moment’
Prime Minister Boris Johnson speaks at a remote press conference to update the nation on the COVID-19 pandemic, inside 10 Downing Street in London, England, on September 30, 2020. This was the 100th coronavirus briefing since the pandemic hit the U.K. POOL/AFP via Getty Images
Are you dizzy? “Market rotation” doesn’t usually mean “whirlwind,” but that’s how the past week has felt: up markets one day, down the next, and back again. We covered the best day for financials since July, and, one day later, a complete reversal. There were
Blue Apron Holdings Inc. APRN, -3.50% shook up its board late Wednesday by announcing the appointment of four new board members along with a similar number of resignations. The packaged meal-ingredients company appointed former Peapod Chief Executive Jennifer Carr-Smith, former CEO of Discovery Direct-to-Consumer Peter
Stocks in Japan and Australia fell in early trading Friday following losses on Wall Street, as most Asian markets were closed for holidays. Japan’s Nikkei NIK, -2.55% slid 2.3% and Australia’s S&P/ASX 200 XJO, -3.41% tumbled 3.6%, while New Zealand’s NSX-50 NZ50GR, -0.57% declined 0.5%.