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The pandemic has intensified rent burden on households across the nation. We spoke to an economist about what it means for the economy.×SearchLoading...No results foundLoading...Visit a quote page and your recently viewed tickers will be displayed here.Search Tickers××This browser is no longer supported at MarketWatch. For the best MarketWatch.com experience, please update to a modern browser.…The pandemic has intensified rent burden on households across the nation. We spoke to an economist about what it means for the economy.×SearchLoading...No results foundLoading...Visit a quote page and your recently viewed tickers will be displayed here.Search Tickers××This browser is no longer supported at MarketWatch. For the best MarketWatch.com experience, please update to a modern browser.WW…

Dragged down by losses for shares of Boeing and Dow Inc., the Dow Jones Industrial Average is slumping Wednesday morning. The Dowwas most recently trading 974 points, or 3.9%, lower, as shares of Boeingand Dow Inc.are contributing to the blue-chip gauge's intraday decline. Boeing's shares have dropped $21.43, or 9.3%, while those of Dow Inc. have declined $2.29, or 7.3%, combining for an approximately 161-point drag on the Dow. NikeAmerican Expressand Walt Disneyare also contributing significantly to the decline. A $1 move in any of the benchmark's 30 components results in a 6.78-point...…Dragged down by losses for shares of Boeing and Dow Inc., the Dow Jones Industrial Average is slumping Wednesday morning. The Dowwas most recently trading 974 points, or 3.9%, lower, as shares of Boeingand Dow Inc.are contributing to the blue-chip gauge's intraday decline. Boeing's shares have dropped $21.43, or 9.3%, while those of Dow Inc. have declined $2.29, or 7.3%, combining for an approximately 161-point drag on the Dow. NikeAmerican Expressand Walt Disneyare also contributing significantly to the decline. A $1 move in any of the benchmark's 30 components results in a 6.78-point...WW…

More than 21% of the New York City residents given coronavirus antibody tests earlier this week tested positive, Gov. Andrew Cuomo said Thursday.Monday marked the start of a statewide initiative to test 3,000 New Yorkers for the presence of antibodies, which are made in response to viral infections. The preliminary results mean that one in five of the city residents tested have had coronavirus and developed the antibodies to fight it. Across the state, 13.9% of the individuals tested were positive for antibodies, Cuomo told reporters at a daily news briefing. New York state is the epicenter...…More than 21% of the New York City residents given coronavirus antibody tests earlier this week tested positive, Gov. Andrew Cuomo said Thursday.Monday marked the start of a statewide initiative to test 3,000 New Yorkers for the presence of antibodies, which are made in response to viral infections. The preliminary results mean that one in five of the city residents tested have had coronavirus and developed the antibodies to fight it. Across the state, 13.9% of the individuals tested were positive for antibodies, Cuomo told reporters at a daily news briefing. New York state is the epicenter...WW…

The median U.S. stock will produce an annualized price-only gain of 6.0% over the next four years. With dividends, that’s equivalent to nearly 8% annualized. This cheerful forecast is produced by a market timing model that has an excellent track record predicting the market’s return over the subsequent four years. It is based on a single number that is printed each week in the Value Line Investment Survey. That number represents the median of the projections made by Value Line’s analysts of where the 1,700 widely-followed stocks they closely monitor will be trading in three- to five years’...…The median U.S. stock will produce an annualized price-only gain of 6.0% over the next four years. With dividends, that’s equivalent to nearly 8% annualized. This cheerful forecast is produced by a market timing model that has an excellent track record predicting the market’s return over the subsequent four years. It is based on a single number that is printed each week in the Value Line Investment Survey. That number represents the median of the projections made by Value Line’s analysts of where the 1,700 widely-followed stocks they closely monitor will be trading in three- to five years’...WW…

Michigan Rep. Justin Amash has announced that he will not run for president as a third-party candidate, “After much reflection, I’ve concluded that circumstances don’t lend themselves to my success as a candidate for president this year, and therefore I will not be a candidate,” he tweeted Saturday.The Republican-turned-independent said in early April he was looking “closely” at a bid as Libertarian Party candidate, after he stopped actively campaigning for his House seat in February while he considered jumping into the presidential race. The move brings to an end to his extended flirtation...…Michigan Rep. Justin Amash has announced that he will not run for president as a third-party candidate, “After much reflection, I’ve concluded that circumstances don’t lend themselves to my success as a candidate for president this year, and therefore I will not be a candidate,” he tweeted Saturday.The Republican-turned-independent said in early April he was looking “closely” at a bid as Libertarian Party candidate, after he stopped actively campaigning for his House seat in February while he considered jumping into the presidential race. The move brings to an end to his extended flirtation...WW…