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Wall Street charges ahead on one-year anniversary of major plunge

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Financial markets are settling into what’s becoming familiar territory of record highs on the first anniversary of the worst one-day decline in decades, underscoring the gap between Wall Street and the economy.
By the time the stock market closed on March 16, 2020 the worst day of losses for the Dow Jones Industrial Average since Black Monday in 1987 more than three years of gains had evaporated in barely a month.
The emergence of COVID-19 had thrown the stock market into rampant volatility well before the Dow closed on March 16 with a loss of 12.9 percent. Stocks had been falling rapidly, punctuated by fleeting rallies, since Feb. 10 as an outbreak of a viral respiratory infection exploded into a global pandemic. ....

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Family hooked on restaurant life | WilmingtonBiz

By
Lynda Van Kuren, posted
Feb 19, 2021
Scott and Shari Clemons (from left) with their daughter and son Emme and Jacob Clemons recently opened Coquina Fishbar at Mayfaire Town Center. (Photo by Michael Cline Spencer)
For the Clemons family, running a good restaurant centers around simplicity – providing fresh, affordable, tasty food that is served well. It’s a philosophy that led to the success of their three Hibachi To Go restaurants, and they are now applying it to their new restaurant, Coquina Fishbar at Mayfaire Town Center.

He should know. Scott Clemons has been in the restaurant business for most of his professional life. He started out as an apprentice chef in Tampa, his hometown, and worked his way up to chef of a five-star hotel. ....

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Why Main Street banks are doing better than Wall Street firms

If you are looking for another sign that the economy is rebounding and that average Americans are finally starting to benefit, you should check out what s happening with financial stocks. ....

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Survey: Top market experts say stocks likely to continue bull run in 2021

Survey: Top market experts say stocks likely to continue bull run in 2021
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Bankrate survey: Rates at zero until 2024, but coronavirus vaccine likely to 'supercharge' economy | Business

Bankrate survey: Rates at zero until 2024, but coronavirus vaccine likely to 'supercharge' economy | Business
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