Market is driven by emotion during rebound: Expert

Kaltbaum Capital Management president Gary Kaltbaum says the financial, airline and economically sensitive sectors are showing huge improvements since coronavirus impacted the stock market. Nicholas Wealth Management president David Nicholas and Federated Hermes chief equity market strategist Phil Orlando discuss the liquidity entering the market and how it could perform in future quarters.

NYC giving Texas company millions to book coronavirus hotel rooms

New York City has shelled out roughly $15.5 million in?taxpayer money to Texas travel management company LLC in order to?book more than 8,600 hotel rooms at an affordable rate?for?hundreds of vulnerable homeless shelter residents, frontline hospital workers and recently released Rikers Island inmates to help?mitigate the spread of the coronavirus, according to a?report by THE CITY.