Monica Murphy The U.S. deficit is already burgeoning and it’s set grow even bigger as lawmakers push for a second stimulus package to beat the pandemic fallout. The additional costs of funding the package will have to be through issuing more U.S. Treasurys — but that raises the question of […]
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Biden narrowly leads Trump in six swing states before Election Day, poll shows
Democratic presidential nominee Joe Biden speaks at a get-out-the-vote drive-in rally at Cleveland Burke Lakefront Airport on November 02, 2020 in Cleveland, Ohio. Drew Angerer | Getty Images Democratic presidential nominee Joe Biden holds narrow leads over President Donald Trump in six states the president aims to defend Tuesday in […]
Stock futures rise slightly ahead of U.S. Election Day
U.S. stock futures rose slightly in overnight trading as investors awaited Tuesday’s Presidential election between incumbent Donald Trump and former Vice President Joe Biden. Dow futures rose 84 points. S&P 500 and Nasdaq 100 futures gained 0.2% and 0.22%, respectively. Stocks rebounded on Monday from a sell-off to end October […]
Here’s what Facebook will show if a candidate declares premature victory
The founder and CEO of Facebook Mark Zuckerberg speaks during the 56th Munich Security Conference in Munich, southern Germany, on February 15, 2020. Christof Stache | AFP | Getty Images Facebook is gearing up for what could be a wild election night, and this includes providing users with accurate information […]
Jim Cramer names 9 stocks to watch amid election results, rising cases
The White House in Washington, D.C. Bloomberg | Bloomberg | Getty Images CNBC’s Jim Cramer on Monday laid out nine stock plays that could thrive no matter which candidate wins Tuesday’s presidential election. “All of these names would work under both candidates,” the “Mad Money” host said. “They’re Covid winners and Covid […]
Stocks making the biggest moves after hours: PayPal, Mondelez, Skyworks Solutions and more
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Check out the companies making headlines after the bell: PayPal — Shares of the payments company dropped 4% in after hours trading Monday despite reporting better-than-expected earnings. PayPal earned $1.07 per share […]
Judge dismisses Amazon worker lawsuit over coronavirus safety
Amazon workers at Amazon’s Staten Island warehouse strike in demand that the facility be shut down and cleaned after one staffer tested positive for the coronavirus on March 30, 2020 in New York. Angela Weiss | AFP | Getty Images A federal judge on Monday dismissed a lawsuit against Amazon […]
Walmart ends contract with robotics company, opts for human workers instead, report says
A shopper is seen wearing a mask while shopping at a Walmart store, in North Brunswick, New Jersey, July 20, 2020. Eduardo Munoz | Reuters At some Walmart stores, robots have roamed the sales floors and helped check if shelves were stocked. But the big-box retailer has now decided to […]
Uber and Lyft rise as investors expect California voters to pass Prop 22
A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, May 13, 2020. Mike Blake | Reuters Uber and Lyft shares rose 4.2% and 7.3%, respectively, as investors expect California voters on Tuesday to pass Proposition 22, which would allow […]
Dow jumps more than 400 points to start November as U.S. election looms
Stocks rose on Monday, the first trading day of the month, as markets recovered some of the sharp losses from last week and braced for the U.S. presidential election. The Dow Jones Industrial Average traded 445 points higher, or 1.7%. The S&P 500 gained 1.2%. The Nasdaq Composite lagged, rising […]