Market rout deepens as virus case surge spooks investors
The S&P 500 fell 3.5 percent and the Dow dropped 943 points as surging coronavirus cases prompt new restrictions in Europe and worries of U.S. limits. Oil slid, bonds rose, and the VIX spiked while traders awaited potential new stimulus and a looming election.
MENTIONED IN THIS ARTICLE
Europe
U.S
Washington
Randy Frederick
Charles Schwab
Dow
Treasury
Congress
White House
House
Nancy Pelosi
Steven Mnuchin
Stephanie Roth
J.P Morgan Private Bank
Ohio employers to receive record 5 billion in pandemic dividends
Ohio Gov. DeWine announced a record 5 billion dollar distribution from the state workers compensation fund to employers as relief from the COVID crisis. The payout follows earlier 1.54 billion in April and 1.34 billion this month, with Columbus receiving the largest check. The fund remains strong with 1 billion in investments this summer.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Mike DeWine
Ohio Bureau of Workers’ Compensation
DeWine
Chan Cochran
BWC
Stephanie McCloud
Ohio Health Department
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Stan Choe
Damian J. Troise
Alex Veiga
Associated Press
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