Tech Giants Help S&P 500 End Fourth Straight Winning Month
The S&P 500 rose 24.90 points to 3,271.12 led by Apple and other techs, as Nasdaq climbed 1.5 percent while Dow gained 0.4 percent. Investors faced virus worries and a stalled aid package as Expedia and Chevron fell amid weak results and weak energy demand. The economy's recovery remains fragile with July unemployment benefits expiring and Congress stalled on more relief.
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New York
Wall Street
Apple
Congress
Treasury
Expedia Group
Peter Kern
Chevron
U.S
Google
Federal Reserve
Fitch cuts US credit outlook to negative while keeping AAA
Fitch lowered the outlook for U.S. government credit to negative from stable due to rising deficits and lack of a credible consolidation plan, while maintaining the AAA rating. It cites a projected $3.7 trillion deficit this year and debt near $26.5 trillion amid pandemic-driven spending, with policymakers under pressure to act.
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Washington
Fitch
U.S
Congressional Budget Office
Congress
Teen charged in Twitter hack case
A 17-year-old Tampa resident led a Bitcoin fraud plot tied to the high profile Twitter account takeover that targeted 130 accounts including Barack Obama and Jeff Bezos. British man Mason Sheppard and Nima Fazeli faced federal charges in California. Clark faces 30 Florida state felony counts as an adult.
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U.K
Nima Fazeli
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California
Barack Obama
Joe Biden
Mike Bloomberg
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Jeff Bezos
Microsoft
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Tesla
Elon Musk
Kanye West
Kim Kardashian West
U.S
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FBI
U.S. Department of Justice
Hillsborough
Andrew Warren
Clark
Warren
Jake Williams
Rendition Infosec
Williams
Twitter
Geert Wilders
Internal Revenue Service
Washington, D.C
Lawsuit says Trump still blocks Twitter critics after court loss
The Knight First Amendment Institute sues Trump again in Manhattan federal court claiming his team continues to block some accounts on realDonaldTrump even after a 2nd Circuit ruling found a First Amendment violation. Some blocked users remain nameless, while others blocked before his 2017 inauguration remain unaddressed.
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Trump
New York
Donald Trump
Knight First Amendment Institute
Columbia University
Manhattan
White House
Katie Fallon
Knight Institute
Justice Department
2Nd
U.S. Circuit Court of Appeals
Barrington D. Parker
Parker
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