The federal budget deficit is projected to hit a record $3.3 trillion due to Covid-19 costs and the recession, the Congressional Budget Office said Wednesday.
The almighty dollar is looking less so this year. Chad Morganlander of Washington Crossing Advisors lays out the stocks that could benefit from its weakness.
President Donald Trump signed a memo on Wednesday that threatens to cut federal funding to "lawless" cities, including Seattle, Portland, New York and Washington.
Billionaire investor William Ackman has approached short-term home rental company Airbnb about going public through a reverse merger with his blank-check company, according to people familiar with the matter.
The United States said on Wednesday it would require senior Chinese diplomats to get State Department approval before visiting U.S. university campuses or holding cultural events with more than 50 people outside mission grounds.
Stocks in emerging markets have lagged global share prices as those countries reported some of the world's highest numbers of cumulative coronavirus cases.
Major gaming titles from companies including Tencent and NetEase were on the list of banned apps, as well a services from other Chinese technology giants like Baidu and Alibaba affiliate, Ant Group.
Tom Seaver, the galvanizing leader of the Miracle Mets 1969 championship team and a pitcher who personified the rise of expansion teams during an era of radical change for baseball, has died. He was 75.
The Australian dollar has spiked 28% since a year-to-date low in March. As the country falls into recession, analysts remain mixed on where the currency could go next.