1. Stock futures rally as Wall Street tries to bounce back from first loss in eight sessions US stock futures looked sharp Wednesday as traders attempted to recover from a tech-led pullback in the previous session. The futures of the Dow Jones Industrial Average were up 261 points, or almost …
Read More »Shares run despite inflation news, Stimulus fear
Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
Read More »Funding for $ 300 per week unemployment benefits could run out in six weeks
An additional $ 300 a week in federal unemployment benefits will likely take a few weeks to reach out to workers and funding could be depleted a month and a half later, a Labor official said. The official said states should be able to start making the payments after applying …
Read More »Pompeo dismisses former Democrat in dispute over dog fire investigation
In the letter that was assigned Friday and released by the State Department on Tuesday, Pompeo said the state department has instructed the assigned officials “not to appear for the noted depositions until a mutually acceptable accommodation can be achieved.” Pompeo claimed that the signatures issued by Engel, House Oversight …
Read More »WeChat owner Tencent Q2 revenue raises expectations of gaming strength
Tencent Holdings Ltd. WeChat app will be displayed in the App Store on a smartphone in an arranged photo taken in Arlington, Virginia, on Friday, August 7, 2020. Andrew Harrer | Bloomberg | Getty Images Tencent on Wednesday reported results for the three months to end-June that beat analyst expectations …
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