Worst Timing Ever? DraftKings Goes Public While Live Sports Are Sidelined
DraftKings CEO: “I hope and believe that sports will come back and people will continue to have a strong appetite for sports.”
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Author: Chad Stone
The S&P 500 Is at a Crossroads. Look for This Signal of ‘Breakout or Breakdown’
Carr: “A retracement is normal because the decline made prices attractive to value hunters. Their buying pushed prices up, retracing part of the decline.”
Cooperman Warns of Nasty COVID-19 Side Effect: ‘Taxes Have to Go Up’
Bauman: “Either it has to raise taxes to pay for those things, or it has to accept that it’s following ‘modern monetary theory,’ or MMT, which says that deficits don’t matter. Since the latter is highly unlikely, I expect taxes to have to go up.”
Victoria’s Secret Takeover Potentially Scrapped Amid Coronavirus
Lawsuit filing: “That these actions were taken as a result of or in response to the COVID-19 pandemic is no defense to L Brands’ clear breaches of the transaction agreement.”
Social Security Projected Insolvent by 2035. COVID-19 Is Moving That Date Up
SSA Commissioner: “The projections in this year’s report do not reflect the potential effects of the COVID-19 pandemic on the Social Security program.”
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