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4:53 a.m. Oct. 17, 2020 - By Jonathan Burton
Jim Steyer: Only a breakup of Facebook and controls on social media can reduce disinformation and lies on the internet Neither Big Tech’s response nor the law have been strong enough to shield users from harm, says the founder of Common Sense MediaNeither Big Tech’s internal response nor the law have been strong enough to shield users from harm, says the founder of Common Sense Media.
1:16 p.m. Sept. 16, 2020 - By Joy Wiltermuth
Stocks end mostly lower after Fed holds interest rates steady near zero, but underscores risks to economic recovery Powell says economic scars of unemployment, foreclosures and evictions a risk without additional fiscal stimulus from CongressU.S. benchmark stock index closed mostly lower Wednesday, after the Federal Reserve said it would likely hold interest rates near zero until at least 2023 given the outlook for inflation and employment in the wake of the coronavirus pandemic, but also indicated risks to the economy remain.
12:32 p.m. Sept. 15, 2020 - By Sunny Oh
Dow erases early climb, S&P 500 notches third straight gain as tech stocks extend rebound from last week’s rout Federal Reserve begins 2-day policy meetingU.S. stocks finishes mostly higher on Tuesday as the blue-chip Dow shed early gains ahead of a policy update by the Federal Reserve
12:49 p.m. Aug. 31, 2020 - By Joy Wiltermuth
Dow, S&P 500 end lower, but book best August in 36 years. Nasdaq clinches another record Amazon wins FAA approval for drone deliveryU.S. stocks closed mostly lower on Monday, except for the record-setting Nasdaq Composite, as Wall Street closed out a historically strong August.
12:35 p.m. July 7, 2020 - By Joy Wiltermuth
Dow ends nearly 400 points lower, U.S. stocks swoon, on doubts of quick economic recovery Trump starts process for U.S. to quit World Health OrganizationU.S. stocks on Tuesday tumbled in the final hour of trade, ending a 5-day win streak for the S&P 500, as investors grew more wary of the economic, public-health and policy response to the coronavirus pandemic.
12:35 p.m. June 25, 2020 - By Mark DeCambre
Dow logs a 300-point gain as banks rally ahead of stress-test results, but rise in coronavirus cases remains a worry Investors weight slight improvement in economic data and loosening of financial regulation against rising daily rate of coronavirus cases U.S. stocks closed solidly higher Thursday, recovering a chunk of Wednesday’s ugly loss, ahead of a key update of the banking sector from the Federal Reserve.
7:16 p.m. June 16, 2020 - By Mike Murphy
Apple faces new complaints from app makers as EU launches antitrust probes Match Group and makers of Hey email app speak out against what they call unfair practicesApple Inc. is facing fresh complaints about the 30% cut it takes from App Store purchases, as European regulators launch two antitrust investigations into the tech giant.
12:59 p.m. June 15, 2020 - By Joy Wiltermuth
Dow closes 158 points higher after Fed further eases path for big corporations to borrow during pandemic Raytheon is Dow’s biggest gainer; ViacomCBS leads S&P 500 higherU.S. stock benchmarks closed higher Monday, staging a major comeback in afternoon trade, after the Federal Reserve announced further steps to keep big businesses flush with credit during the pandemic, amid signs of a resurgence of the deadly COVID-19 pandemic in parts of the world.
7:43 a.m. June 11, 2020 - By Barbara Kollmeyer
Bank of America’s top equity strategist is looking for these signals to get more bullish on stocks Critical information for the U.S. trading dayHead of U.S. equity and quantitative strategy at Bank of America, Savita Subramanian, says millennial spending is really going to be important for investors going forward.
10:51 a.m. May 21, 2020 - By Ciara Linnane
Coronavirus update: Global case tally passes 5 million; U.S. scientist says don’t rely on a vaccine, job losses continue Macy’s issues a sales warning for the first quarter, but Best Buy profit and sale fall less than expected and BJ’s beats estimatesThe global case tally for the coronavirus that causes COVID-19 passed 5 million on Thursday after the biggest one-day increase since the start of the outbreak, as a top U.S. scientist cautioned that people should not rely on a vaccine and the labor market continued to show massive job losses.
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