Data from China, a Twitter hack, geopolitical tensions and worries about viruses are scaring investors out of stocks on Thursday, with more earnings and weekly unemployment claims ahead. Markets encouraged positive news about vaccines just a day earlier. The week has also seen the Nasdaq Composite COMP, + 0.59% wobble, …
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China is unlikely to use its currency aggressively as a tool against the United States, even if tensions continue to rise between the two economic giants, chief economist at Morgan Stanley told CNBC. “I think another trend is emerging … China does not want its currency to be so volatile, …
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Johnson & Johnson products on a shelf in a store in New York. Lucas Jackson | Reuters Johnson & Johnson’s second-quarter earnings fell 35% from the same period last year, as the coronavirus pandemic forced hospitals to postpone elective surgeries, strongly impacting the company’s medical device business. J&J earned $ …
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Getty Getty The new stimulus package could be unveiled next week and could look like this. This is what you need to know. New stimulus Senate Majority Leader Mitch McConnell (R-KY) is expected to present a stimulus bill next week when Congress returns from recess. Senate Republicans, with input from …
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A higher European court ruled Thursday that companies that transfer personal data of EU users to other jurisdictions will have to provide the same protections granted within the bloc. The ruling could affect how companies transfer data from European users to the United States and other countries, such as the …
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