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Ignore all 2021 market predictions – except this

As long as Wall Street has been in existence, it has been a tradition around this time of year for market participants to make predictions about what might happen to stock prices, interest rates, commodities and exchange rates in the following 12 months. These predictions garner a lot of attention, as they are made by very smart people with access ...

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The Kremlin’s new man will keep us guessing

Russian prime ministers are often swiftly forgotten. Few, like Vladimir Putin himself, have gone on to greater things. Since taking over as prime minister in January, Mikhail Mishustin has promoted himself out of the first group. The tech-savvy former tax chief became the face of the government’s coronavirus response after Putin, early on, faded from view. He’s pushing through an ...

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Southwest to avoid first layoffs as relief bill clears

Bloomberg Southwest Airlines Co. said it would rescind plans to cut jobs and wages next year, now that new federal payroll support has been approved, averting what would have been the first worker layoffs in the carrier’s history. US airlines will receive $15 billion to pay workers as part of the package President Donald Trump signed into law on Sunday. ...

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