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Retail sales rise for fourth straight month as growth slows

4 days ago   |   By Finance Commerce

Americans kept spending in August, but the pace of that growth is slowing as millions of people who lost jobs have now lost a $600 a week boost in their unemployment checks.
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1,293 Dead: US Has Highest 1-Day Covid-19 Death Toll Since August

4 days ago   |   By Forbes

More than 6,624,500 people in the U.S have contracted the coronavirus, and at least 196,000 have died.
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Oracle's proposed bid for TikTok is reportedly facing roadblocks over continued national security concerns

4 days ago   |   By Business Insider

U.S. President Donald Trump speaks during a signing ceremony for the Great American Outdoors Act in the East Room of the White House on August 4, 2020.
Drew Angerer/Getty Images
The US government received a proposed bid from Oracle and TikTok early this week that's designed to allow the video-sharing platform to remain in the US.
However, the deal - which has seemed set for approval - is facing roadblocks, Bloomberg reports .
US officials are weighing whether Oracle's bid to become TikTok's "trusted technology provider" does enough to address national security concerns that China-based...
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U.S. consumer spending appears to slow in August

5 days ago   |   By CNBC

U.S. consumer spending appeared to slow in August as extended unemployment benefits were cut for millions of Americans.
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Trump says he'll announce his Supreme Court nominee to fill Ruth Bader...

Trump says he'll announce his Supreme Court nominee to fill Ruth Bader Ginsburg's seat on Friday or Saturday

Summary List Placement President Donald Trump said on Monday that he will announce his Supreme Court pick to replace Justice Ruth Bader Ginsburg, who died on Friday, at the end... Read more ...

Bank stocks tumble after report alleges firms moved $2 trillion in...

Bank stocks tumble after report alleges firms moved $2 trillion in suspicious funds

Summary List Placement Bank stocks slid on Monday after a report by the International Consortium of Investigative Journalists detailed more than $2 trillion in flows marked as... Read more ...

Buy US stocks as the market's repeated pullbacks create great bargains for...

Buy US stocks as the market's repeated pullbacks create great bargains for growth companies, says one Wall Street chief strategist

Summary List Placement John Stoltzfus, Oppenheimer chief investment strategist, told CNBC on Friday that the recent market pullbacks signal a bargain buying opportunity for... Read more ...

S&P 500 sinks more than 2% as markets tumble worldwide

S&P 500 sinks more than 2% as markets tumble worldwide

NEW YORK - Stocks are falling sharply on Wall Street Monday, joining a global tumble for markets as the S&P 500 sinks more than 2%. Read more ...

Democrats unveil temporary funding bill to avert shutdown

Democrats unveil temporary funding bill to avert shutdown

WASHINGTON - Democrats controlling the House unveiled a government-wide temporary funding bill on Monday that would keep federal agencies fully up and running into December... Read more ...

Healthcare stocks plunge amid broad market rout as Ruth Bader Ginsburg's...

Healthcare stocks plunge amid broad market rout as Ruth Bader Ginsburg's death creates uncertainty around Obamacare

Summary List Placement Heathcare stocks tanked on Monday after the death of Justice Ruth Bader Ginsburg threw the future of the Affordable Care Act into jeopardy. The Trump... Read more ...

Nikola dives 28% after founder Trevor Milton steps down as executive chairman

Nikola dives 28% after founder Trevor Milton steps down as executive chairman

Summary List Placement Nikola tanked as much as 28% in early Monday trading after founder Trevor Milton voluntarily stepped down as executive chairman and a member of the... Read more ...

Investors just pulled $3.5 billion out of the biggest tech ETF in a single...

Investors just pulled $3.5 billion out of the biggest tech ETF in a single day - the most since 2000

Summary List Placement Investors are fleeing technology stocks at a pace not seen since the dot-com bubble of 2000. They pulled $3.5 billion out of the popular Invesco QQQ... Read more ...

Stocks Drop As U.S.-China Tensions, Uncertainty About The Economy Grow

Stocks Drop As U.S.-China Tensions, Uncertainty About The Economy Grow

The Dow Jones Industrial Average falls nearly 800 points as new Chinese regulations pose potential threats to U.S. tech firms, which have been leading the stock market to new... Read more ...

Oracle's TikTok deal earned Trump's approval, but the rollercoaster isn't...

Oracle's TikTok deal earned Trump's approval, but the rollercoaster isn't over yet

Summary List Placement President Donald Trump said on Saturday he approved the deal between Oracle and TikTok's parent company ByteDance, in what is the third 180 that the US... Read more ...