As a second wave of COVID-19 cases continue to rip across the US, the Fed's Raphael Bostic thinks this is making the path to economic recovery even tougher.Boohoo shares dropped 30% over two days after reports emerged about the fast-fashion retailer's appalling conditions for its factory workers. Britain's lockdown meant that its financial authority was initially unable to maintain usual levels of regulation over markets.
Warren Buffett's stake in Apple is far and away the largest single stock holding by Berkshire, more than four times larger than its second-biggest holding, around $22 billion in Bank of America.The death of traditional 60-40 portfolios may have been greatly exaggerated before this year — but JPMorgan now says the coronavirus crisis has ended them for good.
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