The numbers: A coronavirus battered economy slowed to a record 32.9% per year in the second quarter, underscoring how big the hole the United States is in to recover from the deepest recession in US history. The wave of damage caused by the first global pandemic in a century was …
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Shell Oil Refinery at Pulau Bukom off Singapore on July 16, 2020. Roslan Rahman / Agence France-Presse / Getty Images European stocks traded lower on Thursday on the busiest day of the second-quarter earnings season, with growing concerns about a slow economic recovery and a possible second wave of the …
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MacKenzie Scott said Tuesday that he has donated about $ 1.7 billion of his fortune in the past year since his divorce from Jeff Bezos. The donations went primarily to social justice, public health and climate change organizations, Scott, a novelist and philanthropist, wrote in a Medium blog post. Scott, …
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How upset was President Donald Trump that Dr. Anthony Fauci released the first pitch of the Major League season? Annoying enough to invent his first release, apparently. The New York Times reported Monday night that when Trump said at a White House briefing last Thursday that he would launch the …
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Warren Buffett has said he would not invest in Tesla. On top of that, the Berkshire Hathaway chief’s right hand once claimed that Elon Musk “may be overestimated.” Musk, for his part, admitted in May that he “is not Buffett’s biggest admirer.” Two months later and not much has changed, …
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