Business > Economy

Billionaire investor Marc Lasry says the Fed's rampant stimulus makes 2020 a once in a lifetime opportunity for investors, as the US economy is fundamentally fine

2 minutes ago   |   Business Insider

Billionaire hedge fund investor Marc Lasry thinks the Fed pouring in trillions of dollars into the system, despite the economy "doing fine" has been lucrative for investors. He...
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Trump's culture wars worked in 2016. His aides worry the world has changed

Trump's culture wars worked in 2016. His aides worry the world has changed

14 minutes ago   |   Politico

Donald Trump's team can agree on one thing: The president's latest Twitter outbursts and off-script grievances are hurting his reelection prospects. That's about where the...
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Biden releases $700 billion plan to spur American economy

18 minutes ago   |   The Washington Post

Joe Biden announces Thursday a plan to spur American products and research, part of a shift in both parties away from free trade and toward protecting U.S. workers and businesses.
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The Economy May Be Losing Its Impact On Presidential Elections

The Economy May Be Losing Its Impact On Presidential Elections

56 minutes ago   |   NPR

Conventional wisdom says that a bad economy will hurt President Trump in November. But growing polarization may be severing the tie between economic health and voters' choices.
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UK announces $37bn budget to revive economy

1 hour ago   |   Al Jazeera

It is aimed at saving jobs and pumping new life into an economy battered by the coronavirus pandemic.
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US unemployment during Covid-19 crisis reaches nearly 50 MILLION

US unemployment during Covid-19 crisis reaches nearly 50 MILLION

1 hour ago   |   RT

Another 1.4 million Americans are expected to have filed for unemployment in the week ending July 4, with the coronavirus pandemic still raging in the country. The US Labor...
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How India became an unlikely M&A hotspot

4 hours ago   |   Fortune

Mukesh Ambani's ambitious courtship of international investors has helped turn India into a rare bright spot for dealmaking in 2020, a shift that bankers say is likely to...
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France ditches ‘minister for attractiveness' title after ridicule

France ditches ‘minister for attractiveness' title after ridicule

7 hours ago   |   Politico

France has changed the English version of the title of one its new Cabinet positions after ridicule online over the “minister for attractiveness” role. President Emmanuel...
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Making a Comeback: June Job Postings Up 33% Over Lowest Point in April

Making a Comeback: June Job Postings Up 33% Over Lowest Point in April

8 hours ago   |   Economic Modeling

The labor market is making a cautious comeback. In June, Americans started going back to work, the nation's unemployment rate fell from 13.3% to 11.1%, and 4.8 million jobs...
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Trump wants to reopen schools. Hint: It's not just about education

Trump wants to reopen schools. Hint: It's not just about education

9 hours ago   |   Politico   |   2 articles

President Donald Trump's push to reopen America's schools is about more than children's education. It's about the economy. And it's about his reelection. Because for Trump and...
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Trump wants to reopen schools. Hint: It's not just about education

Trump wants to reopen schools. Hint: It's not just about education

President Donald Trump's push to reopen America's schools is about more than children's education. It's about the economy. And it's about his reelection. Because for Trump and... Read more ...

3 things to consider before switching to a new high-yield savings account as...

3 things to consider before switching to a new high-yield savings account as interest rates drop

High-yield savings account rates are dropping in reaction to the Federal Reserve decreasing its rate. Some banks are decreasing their rates more drastically than others, so you... Read more ...

Brooks Brothers is permanently closing 51 stores as it enters bankruptcy...

Brooks Brothers is permanently closing 51 stores as it enters bankruptcy during the pandemic. See which have shut down so far

Brooks Brothers filed for bankruptcy on Wednesday. Before its bankruptcy, however, the retailer made the decision to permanently close 51 stores due to the coronavirus... Read more ...

Now that we're all spending more on groceries, it's a great time to get a...

Now that we're all spending more on groceries, it's a great time to get a credit card that earns you bonus points. Here are 6 top options

Some rewards credit cards offer bonus points or cash back on purchases at the grocery store.
 Especially since most of us are spending more money on groceries right now, it's... Read more ...

Kanye West says he had the coronavirus but peddles unfounded conspiracies...

Kanye West says he had the coronavirus but peddles unfounded conspiracies about vaccines

Kanye West said in an interview with Forbes that he had the coronavirus in February. In the same interview, West also said he's running for president under the advisement of... Read more ...

Walgreens just made a $1 billion bet on bringing doctor's offices into its...

Walgreens just made a $1 billion bet on bringing doctor's offices into its pharmacies, and it shows how the pharmacy giant is taking on CVS and Walmart as they beef up their health ambitions

Walgreens is betting big that it can use its retail pharmacy to help people go to the doctor. On Wednesday, the retail pharmacy giant said it plans to open 500 to 700 primary... Read more ...

Online pharmacy Truepill raises $25 million to expand into telehealth

Online pharmacy Truepill raises $25 million to expand into telehealth

Truepill, a digital pharmacy that enables healthcare companies to deliver prescriptions, has raised $25 million to expand into telehealth. Read more ...

Here's an exclusive look at the pitch deck this Dubai-based proptech startup...

Here's an exclusive look at the pitch deck this Dubai-based proptech startup used to raise $4 million

Dubai-based property tech startup Nomad Homes has raised $4 million in a seed round led by Comcast Ventures. Other investors included Abstract Ventures, Partech, Precursor... Read more ...

Trump is pushing to reopen schools, which he claims are closed for political...

Trump is pushing to reopen schools, which he claims are closed for political reasons and not to curb the coronavirus spread

President Donald Trump pushed back at states considering keeping schools closed in the fall, saying that state leaders may be seizing on the opportunity to make a "political... Read more ...

California, other states sue US department over virus relief funds for schools

California, other states sue US department over virus relief funds for schools

The U.S. Department of Education is attempting to take pandemic relief funds away from K-12 public schools and divert the money to private schools, California and four other... Read more ...