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Evergrande fears sink stock market: Here’s what investors need to know about the teetering property giant
Evergrande, a Chinese property giant nursing more than $300 billion in debt, remains on the brink of default — sending…
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Biden to ease foreign travel restrictions for fully vaccinated passengers starting in November
WASHINGTON (AP) — The U.S. will ease foreign travel restrictions to the country beginning in November, allowing foreigners in if…
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Nike supply chain problems in Vietnam could mean challenges ahead for Dick’s Sporting Goods
Nike Inc.’s supply chain slowdown could also put the brakes on Dick’s Sporting Goods Inc.’s momentum, according to Wells Fargo,…
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Upbeat result of COVID-19 vaccine trial in 5- to 11-year-olds tempered as U.S. daily death rate tops 2,000 for first time since March 1
Positive results from a trial of the COVID-19 vaccine developed by Pfizer and German partner BioNTech in children aged 5…
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Here are the worst-performing U.S. stocks as the Evergrande crisis rattles investors
An expected bond default by real estate company China Evergrande Group led to an early tumble for U.S. stocks Monday.…
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Buy the dip shopping? Four growth stocks that are bucking a down market
Investors are braced for a grim start to the week as global stocks and equity futures spew red ink. That’s…
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Pfizer and BioNTech say COVID-19 vaccine safe and effective in children aged 5 to 11
Pfizer Inc. PFE, -1.30% and German partner BioNTech SE BNTX, -3.61% on Monday announced positive results in a Phase 2/3…
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Dow futures skid 500 points as China property fears grow
U.S. stock futures fell sharply on Monday, with those for the Dow Jones Industrial Average tumbling 500 points, as Hong…
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Lufthansa Eyes $2.5 Bln From New Capital Raise
By Joshua Kirby Deutsche Lufthansa AG is launching a capital increase worth 2.14 billion euros ($2.51 billion) as the German…
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Senate parliamentarian says $3.5 trillion bill can’t include citizenship path for immigrants
WASHINGTON — Democrats can’t use their $3.5 trillion package bolstering social and climate programs to give millions of immigrants a…
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FDA panel recommends Pfizer’s COVID-19 booster for 65 and older, but not for the general public
A group of advisors to the Food and Drug Administration on Friday reframed a proposed approval of BioNTech and Pfizer’s…
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Dow, S&P 500, Nasdaq slump as U.S. stocks erase week-to-date gains amid ‘quad witching’ and weak consumer-sentiment reading
U.S. stock benchmarks are under selling pressure Friday, with bearish momentum gathering steam into the afternoon, as a reading on…
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Rents across the country were up 11.5% in August from a year earlier, and in one Florida city they soared nearly 31%
Think the rent is too damn high? Well, it’s getting even worse across much of the country. Rents nationwide are…
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WHO warns lack of COVID-19 vaccine supply in Africa could make it breeding ground for new variants and ‘send the whole world back to square one’
The World Health Organization made another urgent plea to developed nations to make a greater effort to get vaccines against…
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U.S. consumer sentiment mired at near decade lows, University of Michigan Survey finds
The numbers: The University of Michigan’s gauge of consumer sentiment rebounded slightly to a preliminary September reading of 71 from…
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Nursing homes are now facing a COVID resurgence, and a staffing shortage will only make it worse
Kathy Pacheco’s photographs tell the story of her husband’s life in a Philadelphia nursing home. In one photo, Joe Pacheco…
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Dow, S&P 500 close lower as Nasdaq Composite ekes out back-to-back gains in volatile Thursday action
U.S. equity markets on Thursday finished well off session lows, with the Nasdaq Composite booking consecutive gains but the S&P…
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Retail sales surge in August despite spread of delta, signaling U.S. economy is still strong
The numbers: Sales at U.S. retail stores rose sharply in August in sign that Americans continued to spend gobs of…
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Scientists continue to say there isn’t enough evidence to support giving COVID-19 boosters to all Americans
The U.S. is days away from President Joe Biden’s target date to begin rolling out COVID-19 booster shots to Americans…
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U.S. passes grim milestone as 1 person in every 500 has now died of COVID, as a debate about the need for booster shots heats up
The U.S. passed another grim milestone in the coronavirus pandemic on Thursday, when the number of fatalities from COVID-19 passed…
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Job hunters are putting their vaccination status on LinkedIn and résumés. Should you do the same?
As someone who’s been working in the recruiting and talent acquisition industry for two decades, Dustin Mazanowski knows how important…
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U.S. jobless claims shoot higher after Hurricane Ida, but still near pandemic low
The numbers: Applications for U.S. unemployment benefits rose in early September one week after falling to a pandemic low, but…
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Lagardere Welcomes Planned Stake Acquisition by Vivendi
By Mauro Orru Lagardere SA has welcomed plans from Vivendi SE to buy a stake held by activist investor Amber…
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S&P 500 scores best daily gain in almost 3 weeks despite ‘stomach-churning days’ for stock market
U.S. stock indexes finished on higher ground Wednesday, helped by surging energy stocks and positive economic data, even as investors…
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SpaceX blasts off Inspiration4, making history with first all-civilian crew
CAPE CANAVERAL, Fla. — SpaceX’s first private flight blasted off Wednesday night with two contest winners, a health care worker…
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Will high inflation kill the bull market in stocks? History says probably not
U.S. inflation didn’t run as hot as expected in August, but remains elevated and a source of worry for investors…
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Broadway is back — are high ticket prices, too?
Even after an 18-month pause, the show must go on. Several Broadway productions are reopening this month, a crucial step…
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Drive-through drinks company Dutch Bros.’ shares jump 60% in their trading debut
Shares of Dutch Bros., a Grants Pass, Ore.-based purveyor of coffee and other hot and cold drinks, soared 60% soon…
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Wall Street sees as much as 70% upside for these highly rated energy stocks in rally mode
Some investors might feel guilty about making money on fossil fuels, but the table appears set for more gains in…
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Short-selling stocks — and trying to play short squeezes — can be very dangerous
Investing and trading are two completely different activities. If you are new to either or haven’t delved into the mechanics…
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New York manufacturing activity soars in September, Empire State factory index shows
The numbers: The New York Fed’s Empire State business conditions index surged 16 points to 34.3 in September, the regional…
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Hong Kong-listed Macau casino stocks sink on fears of stricter regulations
Hong Kong-listed casino companies with operations in Macau plunged in Wednesday morning trade, weighed by fears of stricter regulations in…
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California recall effort fails: Gov. Gavin Newsom to remain in office
SACRAMENTO, Calif. — California Gov. Gavin Newsom on Tuesday became the second governor in U.S. history to defeat a recall…
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U.S. stocks end lower, with Dow down nearly 300 points as lift from inflation reprieve fades
U.S. stocks ended lower Tuesday, giving up early gains inspired by a softer-than-expected August inflation reading, as investors fretted that…
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Morgan Stanley says the latest rally that has caught the eye of Wall Street Bets won’t last. Here’s why.
Do it again? Investors will be eager to see if the S&P 500 and Dow industrials can repeat Monday’s wins…
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California recall: Why Gov. Gavin Newsom could be removed, who else is running and what you need to know
California Democratic Gov. Gavin Newsom is facing a special recall election that could make him just the third governor in…
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Apple reveals iPhone 13 lineup, iPad Mini price increase and larger Apple Watch
Apple Inc. detailed new iPhones, iPads and smartwatches Tuesday as the most valuable U.S. public company attempts to focus on…
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Biden seeks to have 70% of world vaccinated within a year, as unvaccinated Americans continue to account for most COVID cases and deaths
The global tally of confirmed cases of the coronavirus-borne illness COVID-19 surpassed 225 million on Tuesday, as President Joe Biden…
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House Democrats want tax hikes that are ‘a little less aggressive’ than those proposed by President Biden
Democrats want wealthy Americans and corporations to pay higher taxes in order to help finance a $3.5 trillion budget that…
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Biden has ‘big stake’ in California’s recall election, as he campaigns there for Newsom
President Joe Biden delivered a speech on Monday night at a campaign rally for California Gov. Gavin Newsom, aiming to…
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Republicans push unfounded fraud claims before California recall
SACRAMENTO, Calif. — California Republicans were trying to contain a fire of their own making a day before voting ends…
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Biden to announce new pandemic steps ahead of U.N. meeting Tuesday, as global COVID-19 case tally nears 225 million
The global tally of confirmed cases of the coronavirus-borne illness COVID-19 climbed closer to 225 million on Monday, with the…
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Litecoin spikes 20% after hoax reports that Walmart would accept the cryptocurrency
Holders of litecoin enjoyed a short-lived, 20% bounce on Monday, following a fake report that Walmart would accept the cryptocurrency…
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Investors who want income need to understand this overlooked stock-market strategy
Interest rates have remained persistently low even as the economy emerges from the pandemic. The yield on 10-year U.S. Treasury…
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Here are two large tech stocks to avoid, according to Goldman Sachs
There’s still some opportunity among large-cap internet stocks, but investors should steer clear of two names, according to Goldman Sachs.…
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5 big questions as New York City students head back to school
New York City’s public schools are welcoming back students Monday who have already lived through 18 months of the coronavirus…
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Epic Games appeals ruling that Apple’s App Store is not a monopoly
Epic Games filed notice that is appealing a federal judge’s decision in a lawsuit alleging that Apple has been running…
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Unvaccinated are 11 times likelier to die of COVID-19, says CDC
New U.S. studies released Friday show the COVID-19 vaccines remain highly effective against hospitalizations and death even as the extra-contagious…
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Amazon is the front-runner to acquire NFL Sunday Ticket package: report
Amazon AMZN, -0.43% could soon be the home of NFL’s Sunday Ticket package. The e-commerce giant is being labeled as…
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Hurricane Olaf makes landfall and hits Mexico’s Los Cabos resorts at Category 2
CABO SAN LUCAS, Mexico (AP) — Hurricane Olaf slammed into the Los Cabos resorts at the tip of Mexico’s Baja…
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