NewsWatch: Stock market faces ‘lost decade’ as corporate earnings struggle, Blackstone investor warns

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MARKETWATCH FRONT PAGE

Blackstone official Tony James, cautioned investors not to expect a lot from the U.S. stock market in the coming decade. See full story.

Snowflake IPO: 5 things to know about the Berkshire-backed company as it heads for record software offering

Snowflake Inc. is projected to produce the biggest initial public offering for a U.S. software company in history this week, and that may not even be the most astounding feature of its first share sale. See full story.

Coronavirus update: Global cases edge toward 30 million; Trump denies playing down crisis, says U.S. will have ‘herd mentality’

The number of confirmed cases of the coronavirus that causes COVID-19 moved closer to 30 million on Wednesday, and the U.S. tally rose to 6.6 million, as President Donald Trump denied that he had played down the virus, even though he admitted as much in a taped recording released last week. See full story.

The Fed is ‘fighting the last battle,’ and here are the risks to its new strategy

Wednesday’s meeting might not prove too unsettling to markets, but its new strategy presents big risks to markets, says one veteran Federal Reserve watcher. See full story.

Sacha Baron Cohen, Kim Kardashian West and other celebrities have declared open season on Facebook

Sacha Baron Cohen and his celebrity brethren have a bone to pick with Facebook Inc. over misinformation and hate on its sprawling digital platforms. See full story.

MARKETWATCH PERSONAL FINANCE

One San Francisco accountant finishes every client conversation with a discussion about what a Biden administration could mean for portfolios. See full story.

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