Americans grew more optimistic toward the end of September as consumer sentiment reached a six-month high, reflecting more confidence in the U..S. economy after a summer lull. The final consumer sentiment survey in September climbed to 80.4 from a preliminary reading of 78.9, the University of Michigan said Friday. It …
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Gold futures were headed lower on Friday, with bullion on track to book its fourth decline in five sessions, potentially cementing the asset’s worst weekly slide in about six months. “Most of the sell-off in the gold price is primarily down to the strength in the dollar index that we …
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MacKenzie Scott said Tuesday she has donated about $ 1.7 billion of her fortune over the past year since her divorce from Jeff Bezos. The donations largely went to social-justice, public-health and climate-change organizations, Scott, a novelist and philanthropist, wrote in a Medium blog post. Scott — who recently changed …
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Britain’s Chancellor of the Exchequer Rishi Sunak talks with staff as he visits a Jobcentre Plus in Barking, east London on July 16, 2020. anthony upton/Agence France-Presse/Getty Images Britain has racked up debt as its economy has cratered, sending its debt-to-GDP ratio to the highest level since 1961, according to …
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More than 130 million stimulus checks are already winding their way to millions of Americans. They’re a key part of the government’s $ 2.2 trillion CARES Act, but furloughed and laid-off workers say a maximum $ 1,200 payment is not nearly enough to see them through what could be an …
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Oil futures were headed sharply lower early Wednesday as the energy complex faced persistent pressure centered on a dearth of places to put excess oil and a glut of the commodity being pumped by major producers. June Brent crude BRNM20, -11.74%, the international benchmark, was trading down $ 3.09, or …
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The month of March has rolled in like a ferocious lion for bullish stock-market investors, leaving little but carnage in its aftermath, as uncertainties about the effects of the coronavirus outbreak abound. The decline for the Dow Jones Industrial Average DJIA, -4.55% has been simply gut-wrenching for the average investor, …
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The U.S. stock-market rally has unraveled, with a period of historic gains coming to a screeching halt, as fear that the coronavirus epidemic may reach America rattles Wall Street. The Dow Jones Industrial Average DJIA, -1.39% fell into correction on Thursday, widely defined as a drop of at least 10%, …
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Bloom Energy Corp. announced Wednesday afternoon that all financial results the company has provided during and since its initial public offering will have to be restated due to an accounting error, sending its stock on a downward spiral. Bloom BE, -8.99% shares had bounced back with a gain of more …
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