Nike posts $790M loss after coronavirus pandemic shuttered stores

Economy will see ‘Nike swoosh’ recovery in next year: Investment strategist Yardeni Research President Ed Yardeni discusses the impact of new coronavirus cases on the economy and the future of the markets. Nike lost $790 million during a fourth quarter in which nearly all of its stores were forced to close due to the coronavirus pandemic, the company said in […]

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After pandemic and protests, Colorado lawmakers close the books on 2020 session

A Colorado legislative session unlike any other wrapped on Monday, with lawmakers having passed a slew of major reforms but shelving others others due to the coronavirus pandemic. “Sometimes we make history, and sometimes history makes us,” said House Majority Leader Alec Garnett, D-Denver, of the session’s strange circumstances. The session concludes after just 84 days of lawmaking, well short […]

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Stocks tumble after Fed Chair Powell warns coronavirus could scar economy

US stocks tumbled Wednesday as Federal Reserve boss Jerome Powell warned the coronavirus could leave the economy with lasting scars. The Dow Jones industrial average fell as much as 292.48 points, or 1.2 percent, to 23,472.30 in early trading after Powell said the pandemic poses “significant downside risks” to the nation’s economic recovery. The S&P 500 slipped as much as […]

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After coronavirus the ‘Made in China’ supply chain needs to go

Communist China, WHO responsible for coronavirus pandemic: Pompeo Secretary of State Mike Pompeo discusses holding China accountable and obtaining credible information on the origin of coronavirus. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below “Made in China” are words we see often and sometimes they are hidden. When my […]

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After Warren loses Massachusetts to Biden, what's next for the 2020 hopeful?

Will Sanders’, Warren’s financial support translate into votes? Democratic strategist Christina Amestoy, National Review contributing editor Deroy Murdock and Rosecliff founder Mike Murphy discuss the 2020 Democratic field and their ability to raise money ahead of the Nevada caucus. Despite Elizabeth Warren’s home-court advantage in Massachusetts, Joe Biden and Bernie Sanders trounced their 2020 rival in the state Tuesday night, […]

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Trump angered after lawmakers told Russia is aiding his reelection efforts: report

WASHINGTON — Intelligence officials say Russia is interfering with the 2020 election to try to help President Donald Trump get reelected, The New York Times reported Thursday. The Times said intelligence officials told lawmakers about the interference in a Feb. 13 closed-door briefing to the House Intelligence Committee. It said the disclosure angered Trump, who complained the Democrats would use […]

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Comcast Stock Jumps After Analyst Calls It 'Too Cheap'

Comcast Corporation (CMCSA) shares rose nearly 4% during Tuesday's session after MoffettNathanson upgraded the stock from Neutral to Buy with a price target of $52 per share, which represents a 17.4% premium to Tuesday's closing price. Analyst Craig Moffett believes that Comcast stock is too cheap on any reasonable sum-of-the-parts valuation and notes that it underperformed Charter Communications, Inc. (CHTR) […]

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