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US stocks rebound after worst day of 2021 as economic growth concerns ease

3 days ago   |   By Business Insider

Summary List Placement US stocks rallied higher Tuesday after a harsh sell-off the previous day, as investor concerns about the impact of rising COVID-19 cases on the global economy eased.
On Monday the S&P 500 faced its steepest decline since May while the Dow Jones saw its largest daily drop for the year. Stocks that hinge on the economic re-opening in industries including airlines and cruise operators were hit hard.
Investor attention is now turning to corporate earnings, with IBM jumping over 2% in early morning trading after reporting its biggest increase in quarterly revenue in three...
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US stocks rebound after worst day of 2021 as economic growth concerns ease

US stocks rebound after worst day of 2021 as economic growth concerns ease

3 days ago   |   By Business Insider

Spencer Platt/Getty Images
US stocks rebounded Tuesday after the biggest daily drop in the Dow in 2021.
Rising COVID-19 cases and concerns about the economic recovery triggered a global sell-off on Monday.
Bitcoin tumbled below $30,000.
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US stocks rallied higher Tuesday after a harsh sell-off the previous day, as investor concerns about the impact of rising COVID-19 cases on the global economy eased. On Monday the S&P 500 faced its steepest decline since May while the Dow Jones saw its largest daily drop for the year...
Read more ...

 

Facebook scientists asked to study COVID-19 misinformation at the beginning of the pandemic, but Facebook ignored them, a report says

3 days ago   |   By Business Insider

Facebook CEO Mark Zuckerberg.
Photo by Drew Angerer/Getty Images
Facebook scientists reportedly asked to study COVID-19 misinformation at the start of the pandemic.
Management never approved their request for resources, sources told The New York Times.
Facebook is fighting with the Biden administration over vaccine misinformation on its platform.
See more stories on Insider's business page .
Early in the pandemic, data scientists at Facebook asked for resources to monitor COVID-19 misinformation on the platform, but were ignored by leadership, according to a report from The New York Times...
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Global shares stabilize after the Dow's worst day of 2021, while cryptocurrencies tumble as risk aversion remains high

3 days ago   |   By Business Insider

Johannes Eisele/AFP via Getty Images
US futures rose and global shares stabilized on Tuesday after the biggest daily drop in the Dow in 2021.
Rising COVID-19 cases and concerns about delayed economic recovery triggered a global equities sell-off.
Cryptocurrencies tumbled off the back of weaker financial markets as investors remained risk averse.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
US futures rose and global shares stabilized on Tuesday after a widespread selloff the previous day, as rising COVID-19 cases and concerns about a delay to economic recovery...
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Nine New Olympic Covid-19 Cases Reported, Including One Athlete Residing In Games Village

3 days ago   |   By Forbes

The nine new infections bring up the total tally of Covid-19 cases tied to the Olympics to 67.
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Apple is delaying its office return by at least a month because of rising COVID-19 cases, report says

3 days ago   |   By Business Insider

Apple CEO Tim Cook.
Frazer Harrison/FilmMagic
Apple is delaying its office return by at least one month, to October, Bloomberg reports.
Apple announced in June it wanted staff in the office three days a week from September.
Sources told Bloomberg Apple was delaying the office return because of rising COVID-19 cases.
See more stories on Insider's business page .
Apple is delaying its office return by at least a month, sources told Bloomberg. Apple plans for staff to return to the office in October at the earliest, rather than September, following an increase in COVID-19 cases , an...
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Groups worry about tapping COVID relief for infrastructure

Groups worry about tapping COVID relief for infrastructure

WASHINGTON - Organizations representing long-term care facilities on Friday urged lawmakers working on a bipartisan infrastructure plan to avoid dipping into COVID-relief funds... Read more ...

Groups worry about tapping COVID relief for infrastructure

Groups worry about tapping COVID relief for infrastructure

WASHINGTON - Organizations representing long-term care facilities on Friday urged lawmakers working on a bipartisan infrastructure plan to avoid dipping into COVID-relief funds... Read more ...

Jeff Bezos' 18-year-old space-flight companion reportedly told him he had...

Jeff Bezos' 18-year-old space-flight companion reportedly told him he had never bought anything from Amazon before

Summary List Placement The 18-year-old passenger on Blue Origin's spaceflight on Tuesday had an awkward admission to former Amazon CEO Jeff Bezos during the trip. Dutch... Read more ...

A man in Texas told someone he matched with on Bumble that he attended the...

A man in Texas told someone he matched with on Bumble that he attended the US Capitol riot where the FBI says he attacked police with a metal whip. They turned him in

Summary List Placement A man in Texas has been arrested after he boasted to a match on an online dating app about attending the January 6 insurrection from "the very... Read more ...

Wall Street rallies to record-breaking end of turbulent week

Wall Street rallies to record-breaking end of turbulent week

NEW YORK - Stocks rallied to records on Wall Street Friday, and the Dow Jones Industrial Average closed above the 35,000 level for the first time, as the market continued to... Read more ...

How to watch gymnastics at the Tokyo Olympics - the finals are free to...

How to watch gymnastics at the Tokyo Olympics - the finals are free to stream on Peacock

Summary List Placement Gymnastics are one of the most anticipated events at the 2020 Tokyo Olympics. Qualification subdivisions start on July 23 and the last gymnastics final... Read more ...

July 23rd COVID-19, New Cases, Hospitalizations, Vaccinations

July 23rd COVID-19, New Cases, Hospitalizations, Vaccinations

The 7-day average cases is the highest since May 6th. The 7-day average hospitalizations is the highest since May 25th. This data is from the CDC . According to the CDC, on... Read more ...

Yellen outlines to Congress emergency measures on debt limit

Yellen outlines to Congress emergency measures on debt limit

WASHINGTON - Treasury Secretary Janet Yellen told Congress on Friday that she will start taking emergency measures next week to keep the government from an unprecedented... Read more ...

The Latest: WH: US to buy 200M more doses of Pfizer vaccine

The Latest: WH: US to buy 200M more doses of Pfizer vaccine

WASHINGTON - The federal government is buying 200 million more doses of the Pfizer coronavirus vaccine to prepare for future needs, such as boosters and shots for kids under 12. Read more ...

Activision Blizzard influencers are turning their backs on the video game...

Activision Blizzard influencers are turning their backs on the video game giant after a bombshell lawsuit

Summary List Placement After a bombshell lawsuit was filed by the California Department of Fair Employment and Housing against video game company Activision Blizzard on... Read more ...