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Stocks and bonds are 'discounted by disaster' after worst time for investors in 20 years

Stocks and bonds are ‘discounted by disaster’ after worst time for investors in 20 years

Things can always get worse. S&P 500 SPX, -1.51% Friday consolidated its biggest monthly percentage drop since the March 2020 pandemic lockdown, but also joined the Dow Jones Industrial Average DJIA, -1.71% and the Nasdaq Composite Index COMP, -1.51% It was the worst first nine months since 2002, according to Dow Jones market data. “The …

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FTC issues warning to Uber, Lyft, DoorDash and other 'gig' companies

FTC issues warning to Uber, Lyft, DoorDash and other ‘gig’ companies

The Federal Trade Commission announced Thursday that it plans to crack down on the exploitation of gig workers, saying they are entitled to protections regardless of their category of workers. The commission adopted a policy statement detailing the issues facing gig workers — including deceptive claims about their wages and hours, unfair contract terms, and …

FTC issues warning to Uber, Lyft, DoorDash and other ‘gig’ companies Read More »

FTC issues warning to Uber, Lyft, DoorDash and other 'gig' companies

FTC issues warning to Uber, Lyft, DoorDash and other ‘gig’ companies

The Federal Trade Commission announced Thursday that it plans to crack down on the exploitation of gig workers, saying they are entitled to protections regardless of their category of workers. The commission adopted a policy statement detailing the issues facing gig workers — including deceptive claims about their wages and hours, unfair contract terms, and …

FTC issues warning to Uber, Lyft, DoorDash and other ‘gig’ companies Read More »

Fed's Powell sparked a 1,000-point plunge in the Dow. Here's what investors should do next.

Fed’s Powell sparked a 1,000-point plunge in the Dow. Here’s what investors should do next.

Now may be the time to consider taking refuge in short-term Treasuries or corporate bonds and other defensive parts of the stock market. On Friday, Fed Chairman Jerome Powell spoke about willingness to Inflicted “some pain” to households and businesses in an unusually blunt speech in Jackson Hole that hinted at a 1970s-style collapse in …

Fed’s Powell sparked a 1,000-point plunge in the Dow. Here’s what investors should do next. Read More »