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Stocks | Wed, Aug 12, 2020 | By

Kamala Harris is Biden’s running mate—here’s what she means (and doesn’t mean) for financial markets

Presumptive Democratic presidential nominee Joe Biden announced Tuesday that he has selected California Sen. Kamala Harris as his running mate in the race for the White House against President Donald... Read More

Stocks | Mon, Aug 10, 2020 | By

Uber and Lyft ordered to classify workers as employees in California

Uber drivers in Southern California sought enforcement of the new California law in an April protest so that they may qualify for unemployment insurance amid the COVID-19 pandemic. Read More

Stocks | Mon, Aug 10, 2020 | By

Big Ten to cancel 2020 college football season — will SEC, ACC, Pac-12 and Big 12 be next?

The Big Ten has voted to cancel the 2020 football season. The Detroit Free Press is reporting the cancellation will formally be announced on Tuesday. It’s unclear if any part... Read More

Stocks | Thu, Aug 6, 2020 | By

A bullish ‘golden cross’ forms in the Dow industrials

A golden cross formed in the Dow Jones Industrial Average DJIA, +0.68%, more than five months after a bearish chart pattern materialized in the aftermath of the carnage wrought by... Read More

Stocks | Tue, Aug 4, 2020 | By

Disney shakes up streaming approach after losing nearly $5 billion due to pandemic

Walt Disney Co. is doubling down on streaming after reporting a quarterly loss of nearly $5 billion Tuesday amid a pandemic that has all but paralyzed its theme parks, live... Read More

Stocks | Sun, Aug 2, 2020 | By

‘Wrong!’ Trump and Fauci clash over surge in COVID-19 cases, reopening of economy — and hydroxychloroquine

Anthony Fauci and President Trump are still at odds. Fauci, director of the National Institute of Allergy and Infectious Diseases for three decade who has worked on the front lines... Read More

Stocks | Sat, Aug 1, 2020 | By

Microsoft and Bytedance put TikTok talks on hold after Trump signals opposition

Microsoft Corp. has paused negotiations to buy the U.S. operations of the video-sharing app TikTok after President Trump said late Friday he opposes the deal, according to people familiar with... Read More

Stocks | Thu, Jul 30, 2020 | By

Whoops! Top economist admits misfire in tech stocks — but he’s still not convinced the price is right

Earlier this month, Mohamed El-Erian sounded the alarm on top-heavy stocks that are “stunningly decoupled from underlying corporate and economic fundamentals.” Read More

Stocks | Thu, Jul 30, 2020 | By

Ford sales halved in the second quarter

Ford Motor Co. late Thursday reported a narrower-than-expected adjusted loss in the second quarter, with sales halved in comparison with a year ago but in line with Wall Street forecasts. Read More

Stocks | Tue, Jul 28, 2020 | By

AMD stock heads toward record high after beating on earnings, raising annual forecast

Advanced Micro Devices Inc. shares headed toward record highs in after-hours trading Tuesday after the chip company reported second-quarter earnings that beat expectations and increased its full-year forecast despite the... Read More

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