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
- Expert Tips For Financial Planning During Pandemic News On 6
- Quidel Reports Third Quarter 2020 Financial Results BioSpace
- China bolsters oversight to bring financial sector in line Nikkei Asian Review
- Finance model says Biden will win Top1000funds.com
- Early financial goal attained: A cabin south of Alexandria Minneapolis Star Tribune
From the Archives
- Deeper job cuts at Boeing as pandemic throttles air travelBoeing said Wednesday that it will cut 7,000 more jobs as it continues to bleed money during a pandemic that has smothered demand for new airline planes. The company said that when retirements and other employee departures are included, its workforce will shrink to about 130,000 by the end of next year, or 30,000 fewer […]
- Trump hails ‘manufacturing miracle’ as factories bleed jobs – POLITICOFour years after he won the Midwest by vowing to revitalize the U.S. manufacturing workforce, President Donald Trump is campaigning for reelection on a job well done. The numbers tell a different story. The president’s anti-trade agenda and a pandemic-induced recession have combined to shutter factories and accelerate trends toward automation. Source: Trump hails ‘manufacturing […]
- Amazon’s Drone Delivery Fleet Hits Milestone With FAA ClearanceAmazon’s Drone Delivery Fleet Hits Milestone With FAA Clearance. (Bloomberg) — Retail behemoth Amazon.com Inc. took a big leap toward delivering goods from the sky by becoming one of only a handful of companies certified by the U.S. government to operate as a drone airline. The Federal Aviation Administration designated Amazon Prime Air an “air […]
- The Finance 202: Fed, in major shift, announces it will prioritize getting people back to work – The Washington PostThe Federal Reserve just declared there is no such thing as too much employment. What that means in practical terms for monetary policy is less clear. In a speech widely anticipated on Wall Street, Fed Chair Jay Powell on Thursday unveiled a revamp of how the central bank will approach maximizing employment while keeping a […]
- 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 […]
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Money Magazine
- And how to decide if a weighted blanket is right for you.
- Stick to your investing plan.
- After reaching an 11th record low last week, average mortgage rates moved slightly higher.
- "Months of double-digit price gains and a record low number of homes for sale may finally be translating into buyer fatigue."
- Learn more about life insurance options for seniors with Money's expert guide.
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
- The government may be using commercial banks as proxies to suppress the yuan
- The suspension of its rule book could offer space for a wider rethink
- Third-quarter figures are dramatic, but need careful interpretation
- How investors might learn to stop worrying and love crypto
- It may be someone few outside Asia have heard of: Aditya Puri, of India’s HDFC Bank
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
- Major averages are on pace to post their worst weekly performance in months.
- "We're going to keep being super disciplined about our investment," Etsy CEO Josh Silverman said in a "Mad Money" interview after topping analyst estimates in the third quarter.
- Exxon is reducing its workforce as the energy giant continues to feel the impacts of the coronavirus pandemic.
- "In most cases, the earnings estimates were way, way, way, way, way, way, way too low," the "Mad Money" host said.
- Some economists see GDP reaching pre-pandemic levels in the spring, while others see it at the end of the year or later.
Yahoo Finance
- (Bloomberg) — Chen Wu frantically clicked the order button on his online brokerage account as the clock struck noon.Like thousands of individual investors in Hong Kong and across China, the 35-year-old software developer was desperate for a piece of Ant Group Co.’s initial public offering. His brokerage was allowing a small number of clients to […]
- (Bloomberg) — Apple Inc. shares fell 4% after the company reported iPhone sales that missed Wall Street estimates and said revenue in China slumped.The company gave no forecast for the key holiday quarter, disappointing some analysts who were hoping for guidance. However, Chief Executive Officer Tim Cook said the new iPhone 12 line has been […]
- The pandemic has been better to Amazon than anyone realized, thanks to online shopping surges.
- Stock futures traded lower Thursday evening to give back some gains after the three major indices rallied during the regular session.
- VANCOUVER, BC, Oct. The FCgen®-HPS fuel cell stack provides propulsion for a range of Light-, Medium- and Heavy-Duty vehicles in an industry-leading volumetric high-power density of 4.