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MARKETWATCH FRONT PAGE
What’s key to understand: Investors are always gauging the future prospects of the business world, says Cullen Roche. See full story.
Larry Kudlow ‘unravels’ after CNN airs video of him saying in February that the coronavirus was ‘contained’
Back in February, White House National Economic Council director Larry Kudlow announced that the coronavirus was “contained.” In fact, it was “pretty close to airtight,” he claimed. CNN’s Jake Tapper on Sunday called him out on it. See full story.
Amazon’s CEO tells investors ‘you may want to take a seat,’ as he explains why the company will spend ‘entirety’ of $4 billion profit
Amazon unsurprisingly topped expectations for sales, in the era of the COVID-19 pandemic, but it was comments from CEO Jeff Bezos, in his written statement along with the quarterly update, that really drew the focus on Wall Street Thursday evening. See full story.
Buffett says he dumped entire stake in airline-sector stocks: ‘The world changed for airlines’ amid coronavirus
Warren Buffett says Berkshire Hathaway dumped all of its holdings in the airline sector, painting a grim picture of the industry that has been badly hurt by the COVID-19 pandemic. See full story.
Why millions of older workers will pay a big financial price—forever—from the coronavirus
Even in good times, age discrimination is rampant See full story.
MARKETWATCH PERSONAL FINANCE
Half of Americans are canceling vacation plans, and many have lost money on nonrefundable travel expenses because of the coronavirus pandemic. See full story.
