Why GNC filed for bankruptcy protection despite vitamin sales boom

For decades GNC has been the one-stop shop for vitamins, muscle-building protein powder packs and practically every variety of weight-loss product. From New England to Southern California, chances are if you ever needed a potassium boost, there was a GNC at a nearby mall.  But the company that urged Americans to "Live Well" has fallen […]

5 things to know before the stock market opens Thursday

Dow futures were pointing to an over 200 point decline at Thursday's open ahead the government's 8:30 a.m. ET report on weekly jobless claims. The Dow Jones Industrial Average was able to hold on to gains Wednesday, though it closed well off the highs after the Federal Reserve pledged to keep interest rates low for […]

Bill Gates: ‘We underestimated the value of masks’

“The number of things that in retrospect, could have been done better on this pandemic is very, very large,” Bill Gates told journalists in a conference call. Both the Centers for Disease Control and Prevention and the World Health Organization now recommend that people wear masks as a way to slow and prevent the spread […]

OECD projects global GDP will collapse by 4.5% this year

Critically-hit sectors, such as the travel and tourism industries, have not fully recovered from the strict lockdown measures imposed earlier this year. Many countries are grappling with a resurgence in the number of infections. The Paris-based institution also warned of "considerable differences" across different countries. The global economy has performed better-than-expected but it is still […]

5 things to know before the stock market opens on Friday

For most of this week, investors have watched the S&P 500 flirt with and briefly top its record close from Feb. 19, but a new record seems unlikely this week as the market is on pace for an opening loss.  The S&P 500 closed Thursday just 0.6% below its all-time intraday high set on Feb. 19. The […]

5 things to know before the stock market opens on Thursday

In Thursday's session, the S&P 500 will attempt to reclaim its record high hit before the coronavirus pandemic. The broad market index climbed 1.4% on Wednesday for its best day since July 6 and turned in its eighth positive day in nine. It briefly surpassed its record closing high of 3,386.15 within the last trading hour on Wednesday. The […]

5 things to know before the stock market opens Tuesday

U.S. stock futures rose on Tuesday as the S&P 500 tried to reach the all-time high set in February. Dow Jones Industrial Average futures were up 280 points, or 1%. S&P 500 and Nasdaq 100 futures traded higher by 0.7% and 0.5%, respectively. The S&P 500 entered the session less than 1% from its Feb. 19 record […]