Retailers, health-care providers and most other service-oriented businesses expanded in July for the second month in a row, suggesting the economy showed more resilience than expected even after a spike in coronavirus cases caused many states to reimpose restrictions.
U.S. stocks rise in early trading Wednesday as strong corporate earnings results and rosy service-sector data outweighed a disappointing jobs report from payroll provider ADP.
Fuel maker Marathon Petroleum Corp. said it has agreed to sell its gas stations to the owners of the 7-Eleven convenience store chain for $21 billion in the largest U.S. energy deal of the year.
European stocks turned higher on Monday after early losses, as improving data on the economy helped offset disappointing results from HSBC Holdings and Société Générale.
Some people say memes of white women confronting Black people provide a handle on behaviors born of entitlement and privilege, while others point to misogyny and economic disenfranchisement. What’s behind their rage?
Anthony Fauci said the U.S. made mistakes in efforts stop the transmission of coronavirus, but President Trump gave another reason for the rise in cases.
If PayPal can get bigger, it will likely depend on one of the trendiest brands in financial technology, Venmo, turning its popularity with consumers into actual revenue. Making Venmo a true money machine for PayPal will depend on its new general manager, Darrell Esch, a PayPal veteran who took over the role in March.
The rush for bullion, unsurprisingly comes amid the worst public-health crisis in generations, but what does the climb in the centuries-old haven asset mean for stocks over the longer term?
If mutual funds are like mix tapes and exchange-traded funds are like the deejay machines that made an appearance in mall record stores for a few years, a financial-services innovation called direct indexing is Spotify or Pandora: personal, technological, disruptive, and even a little sexy.