Text size Chinese retail sales fell unexpectedly in July. Getty Images The S&P 500 closed Friday almost unchanged, as investors mixed data weighing on consumer confidence and retail sales against an upcoming trade meeting between Chinese and U.S. officials. While headline U.S. retail sales figures missed forecasts, with a monthly …
Read More »SpaceX Crew-1 full astronaut mission launched on October 23rd
NASA’s SpaceX Crew-1 crew members sat in the Crew Dragon spaceship during training. From left to right: NASA astronauts Shannon Walker, Victor Oliver and Mike Hopkins, and JAXA astronaut Soichi Noguchi. SpaceX NASA and SpaceX plan to launch the company’s first full mission with astronauts no earlier than October 23, …
Read More »U.S. shopping is back to pre-pandemic levels. That’s a big deal
At first, Wall Street was not impressed with the data. Shares fell in the morning trading after the number fell short of economists’ forecasts. But drawing in the report was a clear point. After falling to a seven-year low in April, retail sales returned to their pre-pandemic level in just …
Read More »College football is an advantage for companies of university cities. The cancellation could destroy them.
Earlier this week, the Big Ten and Pac 12 conferences announced that they were postponing their fall seasons until spring 2021. The news hit hard for businesses in university towns where these teams play. “The cavalry is not coming up the hill,” said Fritz Smith, CEO of Happy Valley Adventure …
Read More »News updates: McKesson Stock jumps after Trump says company would spread Coronavirus vaccine
(Photo by Joe Raedle / Getty Images) Getty Images Text size Here’s what you need to know about the impact of Covid-19 to navigate the markets today. • President Donald Trump said Friday that McKesson would work with the U.S. government to spread a coronavirus vaccine if one is approved. …
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