New GOP stimulus proposal cuts unemployment benefits
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)A lot is riding on … Read More
Category: Markets
5 things to know before the stock market opens Tuesday
Dow futures were pointing to an over 100 point decline at Tuesday's open as a slew of Dow components report earnings, the Federal Reserve kicks off its latest meeting and lawmakers work … Read More
Gold prices could hit $3,500 in two years, analyst says
The gold market is "very strong and could hit $3,500 in two years," according to Barry Dawes of Martin Place Securities. Garth Bregman of BNP Paribas Wealth Management said he doesn't … Read More
India Stock Funds Face First Monthly Withdrawals in Four Years
Equity mutual funds in India may witness their first monthly net outflows in more than four years as investors continue to cash out to tide over the pandemic-related credit crunch, … Read More
America’s Race Movement Affects You, Too
Black Americans, myself included, were not surprised by what happened to George Floyd and countless others who preceded him. Or, sadly, those who will surely follow him. Enraged, yes. Hurt? … Read More
Mitch McConnell says he hopes to negotiate a stimulus agreement 'in the next few weeks' with millions of Americans set to lose their enhanced unemployment benefits
Senate Majority Leader Mitch McConnell said on Friday he hopes to reach a final stimulus agreement "in the next few weeks." The prolonged time frame could spell financial calamity for … Read More
Hertz to Cut $6 Billion in Vehicle Debt by Year End, Lawyer Says
Hertz Global Holdings Inc. has struck a deal that will cut the debt it owes lenders who financed its rental car fleet to less than $5 billion from $11 billion … Read More
Tesla Sinks as Euphoria Shifts to Scrutiny on Growth, Valuation
Investor euphoria around Tesla Inc. shares succumbed to gravity Friday, with one of the biggest catalysts behind automaker’s recent rally now done and dusted. Tesla shares dropped as much as … Read More
Dollar Is Losing Its Luster as Investors Line Up to Go Short
After rocketing higher in March as the ultimate haven currency, the dollar is now headed for its worst month since the beginning of 2018, and many strategists see the sell-off … Read More
Tesla accuses rival Rivian of recruiting employees to steal trade secrets
Tesla stock will hit $1,800 per share: Analyst Constellation Research founder Ray Wang discusses his outlook for Tesla and Microsoft. Tesla has filed a lawsuit against competitor Rivian accusing the electric … Read More