5 things to know before the stock market opens Monday

U.S. stock futures pointed to a flat open Monday as traders tried to build on the solid gains from the previous week. Dow Jones Industrial Average futures were up 75 points, or 0.3%. S&P 500 futures traded marginally higher and Nasdaq 100 futures slipped 0.1%. Wall Street kicked off the month with a solid performance last week. The Dow jumped more […]

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Blue Chips Raising Funds Amid a Covid Bankruptcy Wave

Credit investors seem eager to snatch up bonds in the primary markets on the heels of last week’s big fund inflows even as distressed companies continue to file for bankruptcy. Blue-chip companies may raise as much as $35 billion in new debt in the next five days, in line with last week’s volume, according to an informal poll of primary […]

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Trump advisors urge delisting of U.S.-listed Chinese firms that fail to meet audit standards

Trump administration officials have urged the president to delist Chinese companies that trade on U.S. exchanges and fail to meet U.S. auditing requirements by January 2022.  The administration's recommendations, if implemented, would give Chinese companies already listed in the U.S. until Jan. 1, 2022, to ensure the U.S. auditing watchdog has access to their audit documents. It also comes amid […]

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5 Stocks Trading Under $5 With Massive Upside Potential

While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy. Many of the biggest public companies, especially the technology giants, trade in the hundreds, all the way up to over $1,000 per share or more. At those steep […]

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Gap Between Black and White Unemployment Widens to Pandemic High

The gap between Black and White joblessness widened slightly in July, indicating the economic recovery continues to be uneven along racial lines even though labor-market conditions are improving across the board. The gap, which is now at its widest in the pandemic era, rose to 5.4 percentage points from 5.3 points the prior month, according to data from the Labor […]

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Job Growth Tops Estimates, Signaling U.S. Rebound Is Grinding On

In this article The U.S. labor market continued to regain ground in July, though at a slower pace, indicating the economic rebound is still making headway despite a surge in coronavirus infections. Payrolls increased by 1.76 million in July, beating estimates for a 1.48 million gain and after a 4.79 million advance in June, according to data Friday from the […]

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Will Jeff Bezos Pay the US Government $71 Billion? No

Three U.S. Senators believe Jeff Bezos, founder of Amazon.com Inc. (NASDAQ: AMZN) and owner of the Washington Post, has too much money. They want to impose a tax that would make him pay the federal government $71.3 billion. The tax also would hit three other billionaires hard. They would be taxed on 60% of their income from March 18, 2020, […]

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Trump re-implementing 10% tariff on aluminum from Canada

Trump plans to reimpose aluminum tariffs on Canada ‘Canada was taking advantage of us, as usual,’ Trump says while explaining why he plans to sign a proclamation that will reimpose aluminum tariffs on the country. President Trump said Thursday that he has signed an order to re-implement 10% tariffs on Canadian aluminum. Continue Reading Below Canadian aluminum has flooded the […]

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Airbus shareholders in U.S. file fraud lawsuit over disclosures, corruption probes

Fox Business Flash top headlines for August 4 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. (Reuters) – Airbus SE was sued on Thursday by shareholders who accused the European planemaker of securities fraud for misleading them about its ability to avoid and manage corruption accusations over nearly 4-1/2 years. Continue Reading Below The proposed […]

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