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The Gazette in Medina, Ohio

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Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Sep 22, 2020

Page

13

Millions may miss coronavirus relief payments

GAO warns up to 8.7 million eligible Americans may not receive up to 1200 each due to incomplete IRS and Treasury records. The watchdog urges better data sharing and outreach while noting a Sept 30 deadline extension and calls for guidance to schools on reopening.

Washington Government Accountability Office Congress IRS Treasury Department GAO Centers For Treasury Irs.gov

Households' net worth hits new peak on stock rebound

The Fed reports American households' net worth rose nearly 7 percent in April to June to a record $119 trillion as stocks recovered from the pandemic plunge. Wealth gains skew toward the affluent while lower income groups face job losses and weaker recovery, with stock portfolios up $5.7 trillion and home values rising $500 billion.

Washington Federal Reserve America Opportunity Insights John Friedman Brown University Fed

Wall Street Falls as Global Markets Swoon Worldwide

Wall Street declined Monday as markets sank globally amid fears of pandemic driven economic pain. The S&P 500 slid to 3,281.06 down 38.41 points while the Dow shed 509.72 to 27,147.70 and the Nasdaq edged lower after a late recovery.

S&p New York Wall Street S&p 500 U.S Treasury Dow Industrials Dow Utilities Dow Transportation NYSE Wilshire At&t Inc Marathno Acastig Amé Airlines Microsoft AmproPhm NTN Buzz Annaly Newell Br Apple Incs BcoBrad NiSource Nikola Bcosantsa NokiaCp BkofAm Northropg BedBath NorwCruise Boeing CardOne Nvidia Carnival OcciPet Cedarf Oracle Cisco OwensCorn Citigroup ClevCliffs Pg&e Cp CocaCola Comcast Pelotiatr Coty PepsiCo Petrobras Delta Air Pfizer DraftKin PlugPowr H Ekodak EggTrasfr Roku ExxonMbl Sherwin Facebook Sirilusxm Fordm FirstEngy Smucker SorrentoTh Frotmicm SwsinEngy GenElec Target GenMotors Tesla Inc GeniusBr H Transocn Hallibrin HomeDp Uber Tch HuntBnesh UtdAirlHl US Steel Novio Phm Vale SA Ntel Vaxarth Nvacare VerizonCm Jauunh WalMart Jpmorgch WellsFargo Wendys Co Keycorp Workers Rs Kinross G Kohls Yamana G LincNat YumBrnds Macys Zomedica

Nikola founder resigns amid fraud allegations and GM deal fallout

Frankfurt shares in Nikola tumble over 19 percent as Trevor Milton resigns amid fraud allegations tied to Hindenburg Research claims. GM’s $2 billion partnership remains under scrutiny while SEC and DOJ probes continue. Microsoft to acquire ZeniMax Media for 7.5 billion, expanding Xbox Game Pass with Bethesda titles and new consoles.

Frankfurt Germany Nikola General Motors Trevor Milton Milton Phoenix Arizona Hindenburg Research Redmond Wash Microsoft ZeniMax Media Bethesda Softworks Bethesda Starfield Sony R.W. Baird Colin Sebastian Xbox Games Xbox Microsoft Corp Washington

Also Mentioned on This Page

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