consumer spending | BrettMaas.com

Here is an upbeat story about the consumers boosting spending for a 5th straight month. Can this be the start of a slow recovery?

Check out the story on Yahoo here.

Also, don’t forget to give back and check out the list of charities that you can give back to at Brett Maas dot Org.

MarketWatch: Stock Market News

: WHO reports another daily coronavirus record — over 230,000 new cases July 13, 2020

The World Health Organization has reported another record in the increase in the number of confirmed coronavirus cases over a 24-hour period, at over 230,000.

In One Chart: Investors face ‘a scary, out-of-whack’ scenario — just look at this chart July 13, 2020

f it weren’t for the “Giant 5,” your money would have been better off in a savings account than the stock market over the past few years, according to Wolf Richter of the Wolf Street blog.

The Wall Street Journal: Trump administration won’t tighten existing ozone standards July 13, 2020

The Trump administration plans to retain a national limit of 70 parts per billion for the pollutant ozone, the standard set by the Obama administration five years ago after business groups fought tougher standards.

Key Words: Pressley rips DeVos’s push to reopen schools: ‘I wouldn’t trust you to care for a house plant let alone my child’ July 13, 2020

DeVos appeared on CNN’s “State of the Union” on Sunday morning calling for schools to reopen, despite surging coronavirus cases around the nation.

The New York Post: Top U.S. coronavirus testing official says Fauci ‘is not 100 percent right’ July 13, 2020

The country’s top testing official said Dr. Anthony Fauci, who has suggested states should pause reopening where coronavirus cases are spiking, is “not 100 percent right.”

The Wall Street Journal: Chip-maker Analog poised to buy rival Maxim Integrated for more than $17 billion July 12, 2020

Semiconductor maker Analog Devices Inc. is in talks to buy rival Maxim Integrated Products Inc. for more than $17 billion in what would be one of the largest merger deals of the year, according to people familiar with the matter.

The Wall Street Journal: MultiPlan to merge with Churchill Capital, go public in $11 billion deal July 12, 2020

MultiPlan Inc. is merging with a special purpose acquisition company in an $11 billion deal that will take the health-care-services provider public, according to people familiar with the matter.

The Margin: ‘The beginning of a horror movie’? Disney World slammed as doors reopen amid spiking coronavirus cases July 12, 2020

Florida on Sunday just broke the national record Sunday for the biggest single-day increase in positive coronavirus cases in any state since the beginning of the pandemic, following a week in which the Sunshine State saw 514 people die of the disease, or 73 each day, on average. Also, Disney World is now open!

The Wall Street Journal: U.S. wants to sanction China over Hong Kong, but faces limited options July 12, 2020

As U.S. officials weigh sanctioning China over its recent moves in Hong Kong, the city’s status as a global financial center limits the menu of effective levers available to Washington.

The Wall Street Journal: Graham calls on Mueller to testify, following op-ed defending Trump probe July 12, 2020

The Republican chairman of the Senate Judiciary Committee said he would call former special counsel Robert Mueller to testify about his investigation into Russian interference in the 2016 campaign, a day after Mueller broke nearly a year of public silence through an opinion article defending his probe and the related conviction of Trump adviser Roger […]

Tag: consumer spending

Ka-ching! Shoppers keep registers humming