The number of global confirmed cases of the coronavirus-borne illness COVID-19 headed closer to 104 million on Wednesday with the U.S. accounting for 26.4 million of that tally, as it recorded another grim day of more than 3,000 fatalities.
European threats to tax digital services must be countered with a proposal to end all tax havens for multinational corporations, wherever they are based.
The S&P 500 earnings recession is now set to end, as bottom-line results for the fourth quarter have swung to growth for the first time in a year as more companies are beating expectations, by bigger margins, than usual.
Scott Peng, the founder and chief investment officer of New York investment manager Advocate Capital Management, says a perfect storm is being unleashed.