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Wednesday, August 19, 2020

The Daily Money: Why are stocks at records in a recession?

Today's top stories from USA TODAY Money. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Wednesday, August 19

Happy Hump Day, Daily Money readers! It's Brett Molina back again with your Money and Tech headlines for Wednesday.

The U.S. economy is in the midst of a recession, yet the stock market just hit another record. We explore why that's happening.

Today's fun fact: if you invest $5 a day, in at least 40 years you would become a millionaire. If you would like to reach that milestone a little faster, here's how much you would have to save each day.

Finally, one of the major changes in our shopping habits amid the pandemic is a growing reliance on curbside pickup. Target and Walmart have watched online sales surge as a result of more customers choosing curbside pickup.

While you scroll down for more headlines, I'll sit here and daydream about the Krispy Kreme glaze waterfall

Brett Molina, Money/Tech editor

View down Wall Street at sunrise.
Why are stocks at records in a recession?
The U.S. economy is in one of the sharpest economic downturns since the Great Depression yet the stock market reached a new record high. Here's why.
Investing $5 a day can make you a millionaire
Person handing over a $5 bill
Curbside pickup keeps growing at Target, Walmart others
Target's curbside pickup has been a popular option
Amazon removes shirt with derogatory term toward...
The Oxygen Bandit products.
First Krispy Kreme flagship set to open in NYC
Krispy Kreme is opening its first flagship locatio
Starting a new business? Make sure you say this word...
A business owner opens the door at a cafe wearing
Netflix is testing out a 'Shuffle Play' button
Netflix logo inside a graphic TV with slogan Recom
Tool rental coming to Lowe's stores nationwide
Lowe's is getting in the tool rental business.
IRS to distribute tax refund interest checks this week
IRS building with red light in front of it.
WeChat ban could hurt many in the US
Sha Zhu, of Washington, shows the app WeChat on he
 
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