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Coronavirus Update: Hospitalizations Surge, GOP Moves Convention Events

  • Coronavirus Update: Hospitalizations Surge, GOP Moves Convention Events Coronavirus Update: Hospitalizations Surge, GOP Moves Convention Events 2:00
    The U.S. Might Be Dragged Into the Japan-South Korea Diplomatic Row The U.S. Might Be Dragged Into the Japan-South Korea Diplomatic Row 3:41
11:44 a.m. Today - By Philip van Doorn
Gold rising to $4,000 an ounce ‘would not be an unreasonable move,’ fund manager says Michael Cuggino of the Permanent Portfolio makes the case that gold is still relatively cheap, despite its 35% increase this yearMichael Cuggino of the Permanent Portfolio makes the case that gold is still relatively cheap, despite its 35% increase this year.
11:20 a.m. Today - By Azure Gilman
‘I can’t believe this is America.’ Confronted with unprecedented need, New York food pantries try to fill in the gaps Organizations that serve the food insecure are struggling to serve more people than ever before The line for meals curves around the block. Roughly 25% of New York City’s population now faces food insecurity.
9:49 a.m. Today - Associated Press
Ohio Gov. Mike DeWine tests positive for virus ahead of Trump visit DeWine’s office says the governor now plans to quarantine for 14 days at his home in CedarvilleOhio Gov. Mike DeWine tested positive Thursday for the coronavirus just ahead a planned meeting with President Donald Trump.
5:12 p.m. Aug. 5, 2020 - Associated Press
Pompeo calls for ‘untrusted Chinese apps’ to be pulled from Apple, Google app stores Expansion of Chinese-tech crackdown comes without specifics, may be illegalU.S. Secretary of State Mike Pompeo on Wednesday called for a big expansion of U.S. government curbs on Chinese technology, saying that it wants to see “untrusted Chinese apps” pulled from the Google and Apple app stores
3:47 p.m. Aug. 5, 2020 - Associated Press
Russia stoking coronavirus disinformation online, U.S. says Russian network ‘exploits fear and confusion’; reward offered to ID anyone interfering with electionThe State Department says Russia is using a well-developed online operation that includes a loose collection of proxy websites to stir up confusion around the coronavirus by amplifying conspiracy theories and misinformation.
3:23 a.m. Aug. 5, 2020 - By Shawn Langlois
Social media reacts to Trump’s ‘shocking’ Axios interview with Jonathan Swan on HBOLast week, Axios political reporter Jonathan Swan teased his HBO interview with President Trump as “one of the most shocking exchanges” he’s ever had with him. Now, with the whole thing having aired, the “shocking” part about Trump claiming word of Russia funding the Taliban never reached his desk just seems to blend in with all the other stuff.
11:46 a.m. Aug. 3, 2020 - By Mark DeCambre
Nasdaq Composite’s record rally takes it toward fastest 1,000-point milestone in 20 years Tech-heavy benchmark closing in on 11,000The Nasdaq Composite is starting August off on a high note, which could push the technology-laden benchmark to its fastest 1,000-point milestone in the past 20 years.
10:32 a.m. Aug. 3, 2020 - By Jurica Dujmovic
The potential abuses of a coronavirus ‘health passport’ are downright frightening Western countries should resist tracking apps, even in the name of health and safetyWestern countries should resist tracking apps, even in the name of health and safety, argues Jurica Dujmovic.
8:17 a.m. Aug. 3, 2020 - By Nicole Lyn Pesce
Who is Deborah Birx — the doctor that both Trump and Pelosi are now suddenly criticizing? 5 things to know about the ambassador-at-large and coronavirus response coordinator 5 things to know about the ambassador-at-large and coronavirus response coordinator 5 things to know about the ambassador-at-large and coronavirus response coordinator
12:38 p.m. Aug. 2, 2020 - Associated Press
Pompeo says TikTok isn’t the only Chinese company that Trump will take action against Pompeo accuses companies of ‘feeding data directly to the Chinese Communist Party’President Donald Trump plans to take action on a what he sees as a broad array of national security risks presented by software connected to the Chinese Communist Party, Secretary of State Mike Pompeo said Sunday.
12:23 p.m. Aug. 2, 2020 - By Emily Bary
After Big Tech helped earnings look better, here comes Disney and Uber Earnings Watch: Boost from Alphabet, Amazon, Apple and Facebook makes numbers look better, but they are still on course for worst decline in more than a decade Big Tech made corporate finance during the COVID-19 pandemic look a bit better, but we are still headed for the worst earnings season in more than a decade as the Walt Disney Co. prepares to discuss its financial performance.
12:44 p.m. Aug. 1, 2020 - By Cara Lombardo
Microsoft and Bytedance put TikTok talks on hold after Trump signals opposition Talks may not be dead, but the companies are trying to get clarity on White House’s stanceMicrosoft 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 the matter.
10:40 a.m. Aug. 1, 2020 - By Philip van Doorn
Here are five value-stock picks that set up your portfolio for a pandemic recovery Bill McMahon, the chief investment officer for active strategies at Charles Schwab, warns investors about Tesla and other ‘momentum plays’Bill McMahon, the chief investment officer for active strategies at Charles Schwab, warns investors about Tesla and other ‘momentum plays.’
7:12 a.m. Aug. 1, 2020 - Associated Press
Trump says he’ll act to ban TikTok in US as soon as Saturday Microsoft reported to be in talks to buy TikTokPresident Donald Trump said he will take action as soon as Saturday to ban TikTok, a popular Chinese-owned video app that has been a source of national security and censorship concerns.
10:37 a.m. July 31, 2020 - By Victor Reklaitis
Trump may make moves Friday on TikTok sale and aluminum tariffs: reportsPresident Donald Trump plans to announce a decision ordering China's ByteDance Ltd. to divest its ownership of the U.S.-based video-sharing app TikTok amid national-security concerns, and the decision could be announced as soon as Friday, said a citing unnamed sources. "We are looking at a lot of alternatives with respect to TikTok," Trump told reporters Friday. Meanwhile, an said the Trump administration could impose new tariffs or other restrictions on Canadian aluminum as soon as Friday.
7:12 a.m. July 31, 2020 - By Barbara Kollmeyer
European stocks turn lower as investors juggle tech optimism and economic gloom Nokia climbs after results European stocks drop on the final trading day of the month, as economic worries overshadow upbeat earnings in the U.S. and Europe.
7:52 a.m. July 30, 2020 - By Michael Ashbaugh
Charting a GDP-fueled downdraft, Dow industrials challenge 200-day average Focus: Transports sustain July break atop 200-day average, IYT, TWLO, BSX, PENN, HOMEU.S. stocks are lower early Thursday, pressured after an ugly second-quarter GDP report, signaling an economy contracting at a record 32.9% annual pace. Against this backdrop, the S&P 500 has maintained its range bottom — the 3,200 mark — while the Dow industrials have pulled in to a headline test of the 200-day moving average, currently 26,230.
2:38 p.m. July 29, 2020 - MarketWatch.com
Amazon, Apple, Facebook and Google’s CEOs get grilled by House antitrust panel: live blog Jeff Bezos, Tim Cook, Mark Zuckerberg and Sundar Pichai testify before the House Judiciary Committee’s antitrust sub-panelThe Democratic-run House Judiciary Committee’s antitrust sub-panel holds a hearing with Amazon’s Jeff Bezos, Apple’s Tim Cook, Facebook’s Mark Zuckerberg and Sundar Pichai, the chief executive for Google and its parent company, Alphabet.
12:22 p.m. July 29, 2020 - By Joy Wiltermuth
U.S. stocks close higher after Fed keeps interest rates near zero, Powell vows to keep up support during pandemic Big tech CEOs of Facebook, Apple, Amazon and Google parent Alphabet Inc. grilled before House antitrust panelS&P 500, Nasdaq finished more than 1.2% higher Wednesday, after the Federal Reserve left benchmark interest rates unchanged and the central bank’s Powell reiterated his promise to keep rates near zero and stimulus intact until the threat of the coronavirus to the U.S. economy has passed.
6:23 a.m. July 29, 2020 - Associated Press
Holocaust survivors push Facebook to remove denial posts Zuckerberg, who is Jewish, says he personally finds “Holocaust denial deeply offensive”Holocaust survivors around the world are lending their voices to a campaign launched Wednesday targeting Facebook head Mark Zuckerberg, urging him to take action to remove denial of the Nazi genocide from the social media site.vv
4:21 a.m. July 29, 2020 - By Mike Murphy
Here’s what the CEOs of Apple, Amazon, Facebook and Alphabet will say at Wednesday’s antitrust hearing Prepared statements show execs will argue there is competition, and that their companies strengthen AmericaThe CEOs of four of the world’s largest and most influential tech companies are scheduled to testify Wednesday before a House antitrust panel, and they plan to emphasize how their products better American lives and jobs.
4:19 a.m. July 29, 2020 - By Jon Swartz
Congress has a million-plus documents from Big Tech antitrust investigation, and are ready to grill big-name CEOs Bezos, Cook, Pichai and Zuckerberg will testify remotely Wednesday before House antitrust panelFor more than a year, the federal government has circled Big Tech and its business practices. On Wednesday, members of the House of Representatives will roll out evidence their staffs have found and put pressure directly on some of the most prominent executives in the world.
5:42 p.m. July 28, 2020 - By Jon Swartz
Big Tech CEOs' opening statements for Wednesday's antitrust hearing showcase different strategiesWhen four of tech's most powerful chief executives make opening statements for Wednesday's House hearing on antitrust issues, expect each to take a different approach. Apple Inc.'s Tim Cook is touting the democracy of its App Store, which is under the scrutiny of federal regulators for its business practices and treatment of third-party developers. "After beginning with 500 apps, today the App Store hosts more than 1.7 million...if Apple is a gatekeeper, what we have done is open the gate wider. We want to get every app we can on the Store, not keep them off," Cook is scheduled to say in prepared remarks. Amazon.com Inc.'s Jeff Bezos takes a more personal tone, citing the company's "customer obsession" and a "strikingly large and extraordinarily competitive" retail market in a . Sundar Pichai, of Google parent Alphabet Inc. , "free services like Search, Gmail, Maps, and Photos provide thousands of dollars a year in value to the average American." A portion of Facebook Inc. Chief Executive Mark Zuckerberg's was the first to leak. "I believe it's important to maintain the core values of openness and fairness that have made America's digital economy a force for empowerment and opportunity here [in the U.S.] and around the world," Zuckerberg says. Zuckerberg and the three other CEOs are scheduled to make roughly five-minute remarks at the beginning of the House hearing, which will delve into their market prowess and its impact on the economy and American life. Zuckerberg's statement, which references the rise of competition from China, could frame an underlying argument that in weakening Facebook with strict rules, the U.S. government could unwittingly strength the Chinese economy.
1:35 p.m. July 28, 2020 - Associated Press
Russian intelligence is spreading coronavirus disinformation in U.S., officials warn Scheme seeks to exploit crisis, deepen cracks in American society, U.S. officials sayRussian intelligence operatives are using a trio of English-language websites to spread disinformation about the coronavirus pandemic, seeking to exploit a crisis that America is struggling to contain ahead of the presidential election in November, U.S. officials said Tuesday
4:21 p.m. July 27, 2020 - By Jon Swartz
Google is being squeezed by a softening ad market that has cut more than $8 billion from sales expectations Alphabet in the age of COVID-19: While online-ad rivals like Facebook and Twitter were still startups in the last recession, former Google CEO says search giant learned some lessons Alphabet in the age of COVID-19: While online-ad rivals like Facebook and Twitter were still startups in the last recession, former Google CEO says search giant learned some lessonsAlphabet Inc.’s Google dominance of online advertising took a major hit during the onset of coronavirus, and things could get really gnarly when it reports results Thursday.
12:54 p.m. July 27, 2020 - Associated Press
Trump needs to go public with threats to election security, top Democrats say ‘We sent that letter because we believe that our electoral system is in jeopardy,’ Nancy Pelosi says in Monday television interviewDemocratic leaders in Congress are dialing up pressure on President Donald Trump’s administration over foreign election interference, saying it’s time for officials to make a “concrete and specific statement” to inform voters ahead of the 2020 contest.
8:07 a.m. July 25, 2020 - By Bilal Baloch
Why Trump’s moves to limit immigration hurts U.S. companies and American jobs Many H-1B visa recipients become long-term contributors to the U.S.Many H-1B visa recipients become long-term contributors to the U.S., writes Bilal Baloch.
8:01 a.m. July 25, 2020 - By Philip van Doorn
Weekend reads: Additional unemployment benefit of $600 a week is on the line Also, an interview with Anthony Fauci, Tesla’s big run and beautiful retirement destinationsAlso, an interview with Anthony Fauci, Tesla’s big run and beautiful retirement destinations.
6:14 a.m. July 24, 2020 - By Greg Robb
U.S. service sector lags behind manufacturing in flash July Markit PMI data U.S. manufacturing PMI moves above the 50 neutral mark for first time since pandemic started - IHS MarkitThe U.S. service sector continued to contract in July as manufacturing saw its first improvement since February, according to flash PMI data from IHS Markit on Friday.
6:24 p.m. July 23, 2020 - By Mike Murphy
Monday’s House hearing with top tech CEOs may be delayed Hearing with CEOs of Apple, Facebook, Alphabet and Amazon likely to conflict with John Lewis memorialFour of the country’s most prominent tech CEOs are scheduled to testify before a House panel Monday, but that highly anticipated hearing may be delayed due to plans for the late Rep. John Lewis to lie in state at the U.S. Capitol.
5:24 a.m. July 23, 2020 - By Philip van Doorn
This index ETF is beating the S&P 500 by excluding ‘losers’ Eliminating weak companies has led to outperformance for the GraniteShares XOUT U.S. Large Cap ETFEliminating weak companies has led to outperformance for the GraniteShares XOUT U.S. Large Cap ETF.
11:42 a.m. July 22, 2020 - By Nicole Lyn Pesce
States where Yelp searches for restaurants and bars increased in May became coronavirus hot spots in June The review site finds a correlation between consumer interest in going out, and a spike in COVID-19 infections The review site finds a correlation between consumer interest in going out, and a spike in COVID-19 infections
8:57 a.m. July 22, 2020 - By Henry Ren
Romney calls for U.S. to ‘take action collectively’ with other nations against China ‘I believe China can be dissuaded from the course they’re on,’ says Utah RepublicanSen. Mitt Romney is calling for the U.S. to lead a coalition of countries that embrace fair trade to push China to stop its predatory pricing and theft of intellectual property.
7:21 p.m. July 21, 2020 - Associated Press
China threatens retaliation after U.S. slaps sanctions on 11 companies over human rights abuses China accuses U.S. of interference, says sanctions are meant to hurt companiesChina said Tuesday it would take unspecified “necessary measures” after the U.S. government imposed trade sanctions on 11 companies it says are implicated in human rights abuses in China’s Muslim northwestern region of Xinjiang.
12:57 p.m. July 19, 2020 - Associated Press
Two Senate Republicans accidentally tweet images of Elijah Cummings while paying tribute to John LewisRepublican Sens. Marco Rubio of Florida and Dan Sullivan of Alaska mistakenly posted photos of the late U.S. Rep. Elijah Cummings with comments meant to honor the late U.S. Rep. John Lewis.
8:08 a.m. July 19, 2020 - By Brett Arends
The hidden risk in your S&P 500 index fund You’re taking a bet you may not fully realizeYou’re taking a bet you may not fully realize
5:45 a.m. July 19, 2020 - By Andrew Keshner
NBC’s Peacock is flying into the streaming wars — how does it compare to Amazon, Netflix, Disney, Hulu, HBO Max and Apple? Peacock launches July 15 with tiered pricing that includes NBC classics like ‘Saturday Night Live,’ ‘Parks and Recreation’ and ‘Law and Order’Peacock launches July 15 with tiered pricing that includes NBC classics like ‘Saturday Night Live,’ ‘Parks and Recreation’ and ‘Law and Order.’
2:58 a.m. July 19, 2020 - By Andrew Keshner
Consumer complaints to the CFPB are skyrocketing as the coronavirus outbreak continues ‘The database is like a canary in the coal mine’‘The database is like a canary in the coal mine.’
7:18 a.m. July 18, 2020 - By Ciara Linnane
New York Gov. Cuomo says President Trump has put politics above public health throughout pandemic The coronavirus crisis is ‘politically inconvenient in an election year, so he denies it,’ says CuomoNew York Gov. Andrew Cuomo issued a scathing critique of President Donald Trump’s handling of the coronavirus pandemic on Monday, saying he has denied the reality of the situation from Day One.
3:56 p.m. July 16, 2020 - By Mike Murphy
Zuckerberg tells Fauci that U.S. pandemic response has been ‘really disappointing’ Fauci says young people need to take COVID-19 more seriously: ‘You’re propagating the pandemic’Facebook Inc. Chief Executive Mark Zuckerberg expressed frustration with the Trump administration’s response to the coronavirus pandemic during a live chat Thursday with Dr. Anthony Fauci.
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