President Donald Trump Thursday evening said that he wouldn't advocate for a national mask mandate and is leaving it up to the states and citizens to wear facial coverings at their discretion to control the spread of COVID-19 pandemic. There's "no need to bring the full weight of the federal government on law-abiding" citizens, he declared at his coronavirus press briefing on Thursday. "Stop playing politics with the virus," Trump said. The comments from the president come after presumptive...

If ever there were doubts about how the superaffluent are faring amid a pandemic for the ages, media mogul David Geffen wants to make it abundantly clear that, for his part, he’s doing just fine — and he wishes us all the best. Geffen, whose net worth is estimated at $7.5 billion, according to Forbes, tweeted a number of images of his resplendent $400 million superyacht, Rising Sun, apparently adrift off the coast of the Grenadines, a chain of small Caribbean islands in the lesser Antilles,...

A magnitude 7.1 earthquake emanating from Ridgecrest, Calif., rocked much of Southern California and the surrounding areas on Friday, swaying roller coasters, disrupting professional sporting events and forcing some news anchors to duck for cover. The trembles came less than a day after a 6.4-magnitude temblor rattled the region on July 4. Here are just some of the scenes of Friday’s shake, which the Associated Press said broke roads and caused several injuries: In Los Angeles, a news...

Getty Images The European Central Bank has a pretty clear message about the No. 1 virtual currency in the world: not our problem. In what appears to be a general service note on its website, the ECB outlines all the most nagging issues that bitcoin BTCUSD, +7.75% harbors, according to the central bank, notably focusing on its use as a highly speculative asset and its flaws as a legitimate currency. “Bitcoin is a speculative asset. In other words, it is something that you can gamble on to make...

Bitcoin is now one of the most polarizing topics on Wall Street, crystallizing a clear divide between those who think the digital currency is doomed to end in tears for investors and those who believe it has a bona fide future. Goldman Sachs GS, +1.39% is exploring a new trading platform that would be centered on trading in the No. 1 cryptocurrency in the world BTCUSD, +1.57% and its rivals like Ether, according to The Wall Street Journal. The report about the cybercurrency-sector plans for...