Global recovery hinges on US as pandemic drags on
Global markets lean on the United States to control the coronavirus outbreak and spur growth while Europe accelerates production. US reopening missteps threaten a broader rebound, with Chinese demand rising for German luxury goods and firms like Officina del Poggio feeling the impact of reduced US orders and client bankruptcies.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
China
Europe
United States
U.S
America
World Bank
Officina del Poggio
Bologna
Italy
Allison Hoeltzel Savini
Barneys
Hoeltzel Savini
Virus worsens US gender pay gap amid pandemic
The National Bureau of Economic Research paper finds the recession caused by COVID-19 could widen the gender pay gap by five percentage points, as women shoulder more childcare and disproportionately work in hard-hit service sectors, risking skill loss and lower future pay.
MENTIONED IN THIS ARTICLE
U.S
National Bureau of Economic Research
NBER
UK unemployment set to surge as shops cut jobs worldwide
Britain faces rising jobless totals as Debenhams cuts 2,500 positions while April to June payrolls fall sharply. Officials warn the unemployment rate could double toward three million even as Johnson cautions of months ahead. U.S. economy plunges 32.9 percent in Q2, Fed keeps rates low amid stock highs.
MENTIONED IN THIS ARTICLE
U.K
Debenhams
Boris Johnson
U.S
Congress
Federal Reserve
Washington virus relief talks stall amid hard lines and delay
U S negotiators face deadlock as Pelosi and Schumer harden positions while Meadows pressures for GOP unity. With the August recess looming and executive actions already taken, prospects for a rapid deal fade, leaving $600 unemployment boosts and billions in school and local aid in limbo.
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Washington
Trump
Donald Trump
Meadows
John Boehner
Ohio
Pelosi
Market roundup shows tech gains offset by losses across sectors
Roundup notes Apple and Microsoft led tech gains while health care and communications fell. Rally was offset by declines in the Dow and Nasdaq as investors weigh stay-at-home dynamics, vaccine hopes, and improving profits into 2021. The S&P 500 fell 26.78 to 3333.69, Dow -104.53, Nasdaq -185.53.
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Nology
Apple
Microsoft
Sam Stovall
Cfra Research
Dow Industrials
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Russell
At&t Inc
AMD Ce
Amber
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Newell Br
Apple Inc
NiSource
Blo-key
Nikola
BkofAm
BarrickGld
NokiaCp
Northropg
BedBath
BrMySq
OcciPet
Carnival
Cedarf
Ocugen Rs
CntryLink
OpkoHlth
Cisco
Delta Air A
PepsiCo
Ekodak
Pfizer
EggTrasfr
PlugPowr H
ExxonMbl
Sherwin
Eyenovia Oe
Facebook
Shiloh
FirstEngy
Sirilusxm
Fordm
Smucker
GenElec
SorrentoTh
Hallibrin
Instairs
HeatBio
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Hertzel
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HomeDp
Target
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Transoenae
iBio
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Novio Phm
Biosys
Ntel
Twitter
BM Uber Tch
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Nvacare
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Tauunh
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Keycorp
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Kinross G
WalMart
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Wells Fargo
Lvsands i
Wendys Co
incNat
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Macys
Zomedica
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Zynga
Sweet Crude
NYMX
CME
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Chicago Board of Trade
Chicago Mercantile Exchange
ICE
Intercontinental Exchange
Mutua
AmrcnBalAm
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IncAmrcAm
Invcamrcam
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NwPrspctvAm
Dodge & Cox Inc
Dodge & Cox IntlStk
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Fidelity
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PIMCO
Schwab Sp500idx
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Vanguard Ntrteadmerl
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Doe
SEC
The
Associated Press
Late drop leaves S&P 500 lower on tech selloff
Wall Street trimmed a rally as a late slide in major technology names pushed the S&P 500 0.8 percent lower after an initial 0.6 percent gain. The broad decline reflected investor selling in tech shares and a cautious market mood.
MENTIONED IN THIS ARTICLE
S&p
Wall Street
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New York
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