Economy

U.S. stocks to end year around current levels as virus takes toll: Reuters poll

4 hours ago   |   Reuters   |   2 articles

U.S. stocks will end this year around current levels as the coronavirus pandemic cripples the economy and eats into earnings, according to strategists polled by Reuters.
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Atlanta's cashless future is here. Now what?

Atlanta's cashless future is here. Now what?

5 hours ago   |   Biz Journals

“We need our small businesses to have a strong economy, but on the other side of the continuum is that we don't want to create a burden for those who may be unbanked or have...
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Buy stocks on pullbacks: market economist

7 hours ago   |   Reuters

Spartan Capital's Peter Cardillo says the massive amounts of liquidity pumped in by central banks will keep boosting stocks even though the outlook for earnings and the economy...
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'I think they're confused' - Jim Cramer says bull investors have one thing wrong about the economy

8 hours ago   |   CNBC

"I'm betting the field will be spread out by the time we get to the homestretch, and many of the current winners will fall behind," the "Mad Money" host said.
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Oliver Williamson, 87, Dies; Nobel Laureate Studied Organizations

9 hours ago   |   NY Times

He shared the 2009 award in economic science for his theories on how business decisions are made, work whose influence reached into various sectors of the economy.
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Can't pay rent? The coronavirus stimulus package may be able to help you

10 hours ago   |   Fortune   |   4 articles

Times are tough for Americans; the coronavirus pandemic has devastated the U.S. economy and forced tens of millions of people to file for unemployment amid an unprecedented...
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Congress has yet to agree on the latest coronavirus relief package, so don't expect another stimulus check in June

Congress has yet to agree on the latest coronavirus relief package, so don't expect another stimulus check in June

11 hours ago   |   Business Insider

Congress has yet to agree on another coronavirus relief package. Many Democratic lawmakers are pushing to send more stimulus checks to households, but it's unlikely to happen...
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What's Next For Real Estate And Proptech After Covid-19?

11 hours ago   |   Forbes

The global economy and real estate have taken a hit int the coronavirus-driven crisis but, according to several prominent proptech VCs, it's not all doom and gloom for...
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Stocks surge for a third day, S&P 500 closes above 3,000

11 hours ago   |   Fortune   |   7 articles

U.S. stocks advanced for a third day on rising optimism the pandemic's damage to the economy has peaked. Treasuries rose and oil slipped. The S&P 500 climbed to an 11-week...
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Economic Roundup: A Book Better Left Closed

11 hours ago   |   Economy   |   4 articles

The Beige Book paints a grim picture of the economy and pessimism about its recovery.
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Twitter fact-checks Trump; he threatens new regs or shutdown

Twitter fact-checks Trump; he threatens new regs or shutdown

WASHINGTON - President Donald Trump, the historically prolific tweeter of political barbs and blasts, threatened social media companies with new regulation or even shuttering... Read more ...

10 things in tech you need to know today

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Thursday. Trump will sign an executive order 'pertaining to social media' on Thursday, shortly after he accused... Read more ...

US mission to the UN accuses China of 'exploiting COVID-19' to distract from...

US mission to the UN accuses China of 'exploiting COVID-19' to distract from abuses in Hong Kong as tensions boil over

The US mission to the UN accused China of exploiting the world's preoccupation with the spread of the new coronavirus to further erode Hong Kong's freedoms. Tensions between... Read more ...

A new poll shows one in 5 people would refuse a COVID-19 vaccine as...

A new poll shows one in 5 people would refuse a COVID-19 vaccine as companies race to create one

A new AP-NORC poll published Wednesday revealed about one in five people would refuse a coronavirus vaccine, and only about half of Americans would get the vaccination, as... Read more ...

The Latest: South Korea has biggest jump of cases in 50 days

The Latest: South Korea has biggest jump of cases in 50 days

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health... Read more ...

Boeing restarted 737 Max production just hours after saying it would lay off...

Boeing restarted 737 Max production just hours after saying it would lay off thousands of workers

Boeing has resumed production of the 737 Max , the same day it announced it was laying off nearly 7,000 workers. The plane was grounded worldwide in March 2019, and production... Read more ...

More than 100,000 people have died of COVID-19 in the US, which is...

More than 100,000 people have died of COVID-19 in the US, which is comparable to the number of residents in a city like Edison, New Jersey

The US surpassed 100,000 deaths due to the novel coronavirus on Wednesday. That's the equivalent of the entire population of Edison, New Jersey dying. More than 4,000 US cities... Read more ...

Trump is unleashing an executive order against social media companies, and...

Trump is unleashing an executive order against social media companies, and it could trigger a legal fight they desperately want to avoid

Donald Trump plans to issue an executive order targeting social media companies on Thursday. The US President has been railing against tech companies after Twitter fact-checked... Read more ...

Many Americans say the pandemic changed their spending habits for the...

Many Americans say the pandemic changed their spending habits for the better, but experts are skeptical it will last

Surveys show that Americans redirected their discretionary income after restaurants and stores closed and social events were canceled because of the COVID-19 crisis. A majority... Read more ...

The U.S. crosses 100,000 COVID-19 deaths as states reopen more businesses

The U.S. crosses 100,000 COVID-19 deaths as states reopen more businesses

The U.S. crossed 100,000 COVID-19 deaths just 127 days since the Centers for Disease Control and Prevention confirmed the first case of the coronavirus on January 21 from a... Read more ...