A top Morgan Stanley strategists explains the risks to further US stimulus, but expects lawmakers to reach a deal Business Insider - Shalini Nagarajan
Vroom Shares Tumble On Weak Q3 Outlook As Online Sales Shift to Cheaper Cars TheStreet - Martin Baccardax
Hughes-Cromwick: Clean energy providers are facing challenging conditions, and are calling for more stimulus CNBC
Associated PressBusiness French golfer withdrawn from Celtic Classic as precaution Associated Press - APNEWPORT, Wales (AP) — French golfer Alex Levy has been withdrawn from the Celtic Classic, which started on Thursday. Levy came into contact with a friend who has since tested positive for the coronavirus,
ReutersMethane Trump administration to roll back curbs on methane from oil, gas operations Reuters - Valerie VolcoviciWASHINGTON (Reuters) - The Trump administration on Thursday will roll back regulations aimed at reducing emissions of the potent greenhouse gas methane from oil and gas operations, its latest move to environmental
Associated PressNews Many more likely sought jobless aid after $600 check ends Associated Press - By CHRISTOPHER RUGABER, AP Economics WriterWASHINGTON (AP) — The U.S. government will provide its latest report Thursday on the pace of layoffs, which have remained stuck at a high level since the viral pandemic erupted five months ago. Though
The New York TimesForeclosure Worried Lenders Pounce on Landlords Unable to Pay Their Loans The New York Times - Matthew GoldsteinFive months into the pandemic, hotel rooms remain largely unreserved, office space sits empty and hardly anyone is venturing into malls. Commercial tenants are struggling to pay their rents, and property
Associated PressFederal Reserve Boston Fed chief: States' rush to reopen slowed US recovery Associated Press - By CHRISTOPHER RUGABER, AP Economics WriterWASHINGTON (AP) — A top official at the Federal Reserve criticized the decision by many states to reopen businesses this spring before getting the virus fully under control, and said those choices have
CBS NewsU.S. News AMC Theaters plans to open about two-thirds of its U.S. locations by September 3 CBS News - By Victoria Albert AMC Theaters, the nation's largest theater chain, announced Wednesday that it plans to reopen approximately two-thirds of its U.S. locations by …
Associated PressIowa State University Iowa farmers assess losses after storm flattened cornfields Associated PressDES MOINES, Iowa (AP) — Farmers across a wide swath of Iowa are dealing with the heartbreaking aftermath of a rare wind storm that turned what was looking like a record corn crop into deep losses for The
CNBCVaccines Russia says vaccine could be in use by November and has been developed over six years CNBC - Holly Ellyatt Russia has effectively been working on its coronavirus vaccine for the past six years, according to the head of the country's sovereign wealth fund, …
ReutersJPMorgan Chase JPMorgan hires Mann for Australian business Reuters - By Scott MurdochHONG KONG (Reuters) - JPMorgan (JPM.N) has hired investment banker Duncan Mann to become the head of its financial sponsor coverage in Australia, according to a memorandum. Mann will also serve as the
AvatarUSA TODAY MoneyPumpkins Dunkin’ bringing back pumpkin spice coffee, donuts earlier than ever along with new PSL USA TODAY Money - Kelly TykoIn a year when the days and months blend together amid the coronavirus pandemic, fall is getting an early start. Dunkin’ is rolling out its autumn lineup with pumpkin flavored coffee, espresso, doughnuts
CNNTesla Apple and Tesla just announced stock splits. Here's what that means for your investments CNNNew York (CNN Business) — Apple (AAPL) and Tesla (TSLA), arguably two of the market's most popular companies, both announced stock splits in recent weeks. Are these maneuvers good or bad for investors?
The GuardianFood Waste 'Operation empty plate': Xi Jinping makes food waste his next target The Guardian - Lily Kuo in BeijingThe Chinese leader, Xi Jinping, has launched a campaign targeting a new enemy of the country: food waste. “Waste is shameful and thriftiness is honourable,” Xi said in a speech published on Tuesday, describing
BBC NewsTariffs US holds off on threatened tariff hike in EU Airbus fight BBC NewsThe US has said it will hold off an a threatened hike in tariffs on $7.5bn (£5.75bn) worth of European and UK goods that it imposed as punishment for subsidies for plane-maker Airbus. The move comes as
ReutersTariffs China extends anti-dumping tariff on Indian fibre optic product Reuters - by Chen AizhuSINGAPORE (Reuters) - China is extending an anti-dumping tariff on a fibre optic product made in India, the Ministry of Commerce said on Thursday. The punitive tariff on single-mode optical fibre takes
ReutersUnited States Stock rally, U.S. stimulus stalemate keep dollar on defensive Reuters - By Ritvik CarvalhoLONDON (Reuters) - The dollar fell to its lowest in a week against a basket of currencies on Thursday, with analysts pointing to equity market resilience and a stalemate over additional stimulus for the
ReutersTariffs U.S. leaves tariffs on Airbus aircraft unchanged at 15% Reuters - By Andrea Shalal and David ShepardsonWASHINGTON (Reuters) - The U.S. government on Wednesday said it would maintain 15% tariffs on Airbus aircraft and 25% tariffs on other European goods, despite moves by the European Union to resolve a dispute
ReutersEmployment Australian jobs surge in July, unemployment lower than expected Reuters - By Swati PandeySYDNEY (Reuters) - Australian employment surged further in July, handily beating forecasts, though the increase was still not enough to offset the ballooning numbers of those looking for work as the jobless
The VergeCoronavirus (Covid-19) AMC plans to reopen more than 100 theaters in the US starting August 20th The Verge - Nick StattAMC has detailed its plans to reopen movie theaters throughout the US, including a new deadline for its MoviePass-style A-List subscription, in an email sent to customers on Thursday. Starting August AMC
CNBCDeutsche Bank China's initial post-lockdown recovery 'stronger than expected': Deutsche Bank CNBC China is likely to see several months of rapid economic recovery before falling into a period of "very sluggish growth," says Michael Spencer at …
CNBCGoldman Sachs Latin America will see 'record-breaking contraction' as the coronavirus shatters their economies, Goldman says CNBC - Saheli Roy Choudhury As Latin America continues to battle the coronavirus outbreak, some economies in the region could see a "record-breaking contraction" not seen since …
ReutersWalt Disney World Resort Disney World actors ready to work after COVID testing dispute resolved Reuters - By Lisa RichwineLOS ANGELES (Reuters) - Walt Disney World actors, who argued that the Florida theme park's proposed coronavirus safeguards were inadequate to protect them, have resolved a dispute over COVID-19 testing,
ReutersBusiness Exclusive: Shell eyes stake in Nayara's $9 billion Indian petchem project, source says Reuters - Nidhi VermaNEW DELHI/MOSCOW (Reuters) - Oil major Royal Dutch Shell (RDSa.L) plans to buy a 50% stake in Indian-based Nayara Energy’s up to $9 billion planned petrochemical project, a source familiar with the matter
BloombergNews REI to Sell Its Never-Been-Used Headquarters Outside Seattle Bloomberg - Noah Buhayar Outdoor sporting-goods retailer REI is pursuing a sale of its brand-new headquarters in a Seattle suburb, a example of how the pandemic is causing …
ReutersEuro ECB liquidity floods euro money market and distorts indicators Reuters - By Saikat Chatterjee and Abhinav RamnarayanLONDON (Reuters) - A key euro zone interbank money-market rate is trading below the European Central Bank's own official rate for the first time in over five months, a sign of the vast amount of cash has
ReutersArgentina Exclusive: Argentina to submit debt revamp offer to SEC within days, formalizing agreement, sources say Reuters - By Adam Jourdan and Nicolás MisculinBUENOS AIRES (Reuters) - Argentina will formally submit its amended debt restructuring offer to the U.S. securities regulator as early as Thursday, two sources said, a key step to sealing a deal after
CNBCGold Gold could head as high as $3,400, VanEck CEO says as metal pulls back from records CNBC - Lizzy Gurdus Gold could soon regain its shine, according to one ETF issuer. The precious metal is nearly 5.5% from its Aug. 6 all-time high, trading around the …
BloombergAirbnb Airbnb Revenue Tanks 67% in Second Quarter; IPO Planned for 2020 Bloomberg - Katie Roof Airbnb Inc. reported tumbling revenue and mounting losses in the second quarter, but the home-sharing startup is still eyeing a stock market debut …
CNNHair Black women with natural hairstyles are less likely to get job interviews CNNLondon (CNN Business) — Black women with natural hairstyles including curly afros, twists or braids are less likely to get job interviews than White women or Black women with straightened hair, new research
BloombergOil Struggling Iran Wants Its People to Invest Their Money in Oil Bloomberg - Golnar Motevalli Follow us @middleeast for more news on the region. Iran plans to enable members of the public to invest in oil on its capital markets for the first …
NPRPayroll Tax Payroll Tax Delay To Boost Take-Home Pay, But Don't Spend It Yet NPR - Scott HorsleyPresident Trump wants to give a $100 billion boost to the U.S. economy by hitting the "pause" button on workers' payroll taxes. That would leave more money in people's paychecks. But the move — which ordered
