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OPEC delivers three quarters of record oil cut in May: survey

LONDON (Reuters) - OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey found, although Nigeria and Iraq are laggards in making their share of the reduction.

Wall Street begins high stakes summer with market at critical levels as economy reopens

The S&P 500 at last week's close of 3044 had recouped 70% of the total losses in the post-February crash, a remarkable move that also slung the index above its 200-day moving average. Traditional retail investors and many institutional fund managers have ...

Kiplinger's Personal Finance

14 Best Tech Stocks That Aren't on Your Radar

Kiplinger's Personal Finance

Tech stocks have spent the past few years really separating themselves from the market pack. As technology has become more ingrained into every aspect of life – work, play and everything in between – the companies developing and providing those ...

Why Mark Zuckerberg Embracing Remote Work At Facebook May Mean Little For Your Career

Forbes

Forbes

The Wall Street Journal recently stated that Facebook CEO Mark Zuckerberg is "permanently reconfiguring the tech giant's operations" around the dispersed structure recently forced upon it. The Journal was reporting on a speech Zuckerberg recently ...

Lufthansa accepts tweaked demands by Brussels over state bailout

BERLIN/FRANKFURT (Reuters) - Lufthansa's management board has accepted a more favourable set of demands from the European Commission in exchange for approval of a 9 billion euro ($10 billion) government bailout, the carrier said on Saturday, ...

How to Start Planning for Retirement

Not sure where to start with your retirement plan? Here's a quick way to estimate your retirement savings needs. Catherine Brock. (TMFCatherineJB). May 30, 2020 at 10:48AM. Author Bio. Catherine grew up in Southern California wearing a lot of black and ...

3 Stocks That Pay You Monthly

For retirees or those planning their retirement, stocks that pay their dividends monthly are particularly attractive investments. The risk with these stocks is they have very high payout ratios, or the amount of dividends they pay relative to their earnings.

Why is the US stock market ignoring a brewing crisis in Hong Kong?

Economic Times

MarketWatch

Slide in Chinese yuan may eventually wake markets up to risks in deteriorating U.S. - China relationship. Police deter pro-democracy protesters from blocking roads in the Mong Kok district of Hong Kong on May 27. Getty Images. Email icon; Facebook icon ...

Activist Starboard pushes for change at a medical device company that could be a takeover candidate

A successful activist is gently pushing for change at a medical device company that could be a takeout candidate. Company: Merit Medical Systems (MMSI). Business: A manufacturer and marketer of disposable medical devices used in a range of ...

Postal Package Deliveries 'Bogged Down' With Delays, Backlogs

Wall Street Journal

Wall Street Journal

Surging e-commerce volumes during the coronavirus pandemic are straining the U.S. Postal Service's parcel network as staffing shortages and backlogs in hard-hit areas slow deliveries. Newsletter Sign-up. The Logistics Report. Top news and in-depth ...