Money & Finance
Get the latest Money & Finance news from The Daily Grind. We cover the economy, stock markets, jobs, unemployment, GDP, banking, the Fed, and many other subjects that impact YOUR money.
Latest Stories in Money & Finance
- Fitch Assigns Cronus Finance Designated Activity Company Final Rating Fitch Ratings
- Ether Capital Corporation Reports Second Quarter 2020 Financial Results GlobeNewswire
- Pan Orient Energy Corp. 2020 Second Quarter Financial & Operating Results Yahoo Finance
- Lockdown lands domestic abuse on British financial sector radar Yahoo Finance
- Ayala Pharmaceuticals Reports Second Quarter 2020 Financial Results and Provides Business Update GlobeNewswire
From the Archives
- US adds 1.8 million jobs in a sign that hiring has weakenedWASHINGTON (AP) — The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is weakening hiring and the economic rebound. At any other time, hiring at that level would be seen as a blowout gain. But after employers shed a staggering […]
- Threat to Dollar’s Global Supremacy Revived by EU Stimulus Deal – BloombergThe dollar is facing renewed questions about its status as the globe’s primary reserve currency. The greenback accounts for more than 60% of global reserves and is the most widely used currency for international transactions. But it risks ceding ground to the euro after European Union leaders agreed on a 750 billion euro ($860 billion) […]
- Trump administration examining options for unilateral action if no coronavirus deal is reached with Congress – The Washington PostThe Trump administration is looking at options for unilateral actions it can take to try to address some of the economic fallout caused by the novel coronavirus pandemic if no relief deal is reached with Congress, according to two people with knowledge of the deliberations. The discussions are a reflection of officials’ increasingly pessimistic outlook […]
- California Pizza Kitchen files for bankruptcy – CNNNew York (CNN Business) California Pizza Kitchen is the latest fast casual chain to file for bankruptcy as the pandemic and its debt burden hampers its operations. The 35-year-old pizza chain filed for Chapter 11 Thursday, explaining that the process will help it “reduce its long-term debt load, and quickly emerge from bankruptcy as a […]
- Stock market today: Stocks extend losses amid record GDP plunge, with the Dow dropping 500 pointsStocks fell sharply on Thursday as big technology shares declined ahead of their earnings reports after the bell. Investors also digested a record drop in GDP.The Dow Jones Industrial Average traded 500 points lower, or 1.9%. The S&P 500 slid 1.5%. The Nasdaq Composite dropped 1.1%. Source: Stock market today: Stocks extend losses amid record GDP […]
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Money Magazine
- Experts say to be prepared.
- "Appraisers have limited data to work with today.”
- Refinancing was particularly popular last week, with refi borrowing making up its largest share of total mortgage applications since May.
- Bites can limit your policy, increase its premiums, or even put it into jeopardy.
- Not if you're selective.
Market Watch
- This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
- This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
- This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
- This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
- This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
The Economist
- Pre-doctoral programmes are a new rung on the professional ladder
- The currency’s wobbles have fed fears that a reckoning looms for the world’s economic hegemon
- It may be a sign of weakness rather than optimism
- Both dominate payments in China
- They must work out how much to invest, and how best to distribute the goods
CBS Money Watch
- With almost $1 trillion in losses, small businesses are hoping for insurance payouts. So far, it's not happening.
- Jeff Bezos, Tim Cook, Sundar Pichai and Mark Zuckerberg face lawmakers to defend Big 4 tech companies' market might.
- Two of the schools received donations from MacKenzie Scott, the ex-wife of Jeff Bezos.
- Andrew Cuomo "appalled" by charity event reportedly attended by thousands, including socialites who did not social distance.
- The Republican stimulus proposal would provide similar amounts as the first round of checks, but cover more people.
CNBC Stock Market Headlines
- Futures edged lower Wednesday evening, hours after the S&P 500 flirted with, but fell just short of, a record close.
- These are the stocks posting the largest moves before the bell.
- Gold and silver prices are headed for further near-term weakness, two traders say.
- "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
- "If you want the market to keep climbing, these ten companies — and many more — need to start taking their cue from" Tim Cook and Elon Musk, the "Mad Money" host said.
Yahoo Finance
- (Bloomberg) — Gold headed for back-to-back gains as investors weighed the outlook for the metal’s record-setting rally after this week’s dramatic price swings.Rising U.S. bond yields helped spark a sharp selloff in gold Tuesday and early Wednesday, followed by a rebound later in the day. Both gold and silver have resumed their uptrend after the […]
- The S&P 500 briefly topped its February record closing high during Wednesday's regular session.
- Top news and what to watch in the markets on Thursday, August 13, 2020.
- VANCOUVER, BC and ERIE Pa., Aug.
- Deutsche Bank downgraded Micron to Hold from Buy amid expectations for lower memory pricing due to supply-demand mismatch. Meanwhile, Deutsche left the stock's price target unchanged at $48 (1% downside potential).Deutsche Bank analyst Sidney Ho wrote in a note to investors on Wednesday that he expects “consensus estimates” for Micron (MU) to “come down sharply […]