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Stock futures flat following best day for market in six weeks on vaccine hopes – CNBC

Stock futures held steady in overnight trading on Monday after the market scored its best day in six weeks on rising optimism about a coronavirus vaccine. Futures on the Dow Jones Industrial Average rose about 50 points, while the S&P 500 futures were fl…

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Thinking of Buying a Bike? Get Ready for a Very Long Wait – The New York Times

Some bicycle shops in Brooklyn are selling twice as many bikes as usual and drawing blocklong lines of customers. A chain of shops in Phoenix is selling three times the number of bikes it typically does. A retailer in Washington, D.C., sold all its entry-leve…

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Oregon coronavirus updates May 17: No new deaths reported for third straight day – KGW.com

PORTLAND, Ore. Cases of COVID-19, a new strain of coronavirus, began popping up in the United States in January. The first case in Oregon was reported on Feb. 28. We post a new blog post every day that tracks the daily changes in Oregon and Southwest Washing…

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‘Rich Dad, Poor Dad’ Robert Kiyosaki: ‘Pray for the best, prepare for the worst’ with these three investments – MarketWatch

Pray for the best prepare for the worst, says Rich Dad, Poor Dad author Robert Kiyosaki, who laid out in a tweet over the weekend how he suggests doing just that:The gloomy assessment is in line with what hes been saying for a while. Clearly, hes bullish on t…

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J.C. Penney Bankruptcy Plan Would Spin Properties Into REIT – Bloomberg

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Buffett Sells More Stocks, Including Goldman Sachs, With No ‘Elephant-Sized’ Acquisition On The Horizon – Forbes

Billionaire investor Warren Buffett, who told investors earlier this month that he had made a mistake betting on airlines, is continuing to sell stocks amid the coronavirus pandemic, the latest regulatory filing from Berkshire Hathaway shows. Buffett sold 84…

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Could Jeff Bezos really become the world’s first trillionaire by 2026? – CNBC

Jeff Bezos is already the world’s wealthiest person by a healthy margin and he’s the founder and CEO of one of the world’s few trillion-dollar companies. But before this decade is over, one extremely optimistic estimate projects that the Amazon CEO could als…

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Does having a side hustle impact your unemployment benefits? – CNBC

Nearly 36.5 million Americans have filed for unemployment since mid-March, and for many, the process of filing for benefits has been fraught with confusion, system crashes and delays. The experience can be even more complex for workers who have more than one…

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Why Big Investors Aren’t Betting It All on a Coronavirus Cure – The Wall Street Journal

As drug companies race to discover treatments for the new coronavirus, big investment firms are placing cautious bets on likely winners. Hedge funds and venture-capital firms, which are in the business of predicting the future for companies and economies, ar…

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GM self-driving unit Cruise cuts jobs as pandemic hits sector – Reuters

(Reuters) – General Motors Co’s (GM.N) self-driving car unit Cruise told staff on Thursday it has decided to lay off workers, the latest start-up in the nascent industry to cut jobs during the coronavirus pandemic. Cruise officials acknowledged they were cu…