Local governments, fearing the quick spread of coronavirus in their jails, have released thousands of inmates. But in New York, the jail system’s oversight agency says the city’s efforts may not be enough. Photo: Associated Press...
Forget buying a fancy Facebook Portal or Amazon Echo Show. Dig out your old tablet or smartphone and make a homemade stand out of a box, wire hanger or even an egg carton. WSJ's Joanna Stern has all the DIY tips you need....
(Bloomberg) -- There are few corners of the global financial market that have been upended as spectacularly, or as oddly, by the coronavirus pandemic as gold trading.Not only are prices swinging in an erratic fashion -- surging one moment and crashing the next -- that is undermining the metal’s vaunted status as a haven in times of crisis, but unprecedented logistical disruptions have also kicked off a frantic hunt for actual bars of gold.At the center of it all are a small band of traders who for years had cashed in on what had always been a sure-fire bet: shorting gold in the futures market. Usually, they’d ride the trade out till the end of the contract when they’d have a couple of options to get out without marking much, if any, loss.But the virus, and the global economic collapse that it’s sparking, have created such extreme price distortions that those...
(Bloomberg) -- There are few corners of the global financial market that have been upended as spectacularly, or as oddly, by the coronavirus pandemic as gold trading.Not only are prices swinging in an erratic fashion -- surging one moment and crashing the next -- that is undermining the metal’s vaunted status as a haven in times of crisis, but unprecedented logistical disruptions have also kicked off a frantic hunt for actual bars of gold.At the center of it all are a small band of traders who for years had cashed in on what had always been a sure-fire bet: shorting gold in the futures market. Usually, they’d ride the trade out till the end of the contract when they’d have a couple of options to get out without marking much, if any, loss.But the virus, and the global economic collapse that it’s sparking, have created such extreme price distortions that those...
