Coronavirus outbreaks in Arizona, Florida and Texas appear to be slowing down as more people practice social distancing and states halt reopening plans.
The CARES Act made it easier for distressed households to take withdrawals from their retirement accounts. Of the people who drew down from their 401(k) plans at work, 4% took the maximum, or $100,000, according to data from Vanguard.
Relations between the world's two largest economies have plunged to their worst point in years over a variety of issues, ranging from trade and cybersecurity to the Covid-19 pandemic.
Investors eye ongoing stimulus measures, and gold rises to a new all-time high level. Follow along throughout the day for all the latest market-moving news.
White House coronavirus advisor Dr. Anthony Fauci said he is "not particularly concerned" about the safety risk of a potential coronavirus vaccine by Moderna, despite the fact that it uses new technology to fight the virus.
The private security business in the U.S. is a massive industry employing hundreds of thousands of people. These firms can range from security contracts at shopping malls, to former U.S. Special Forces soldiers who guard diplomats. Private security is expected to grow to an $81 billion industry by 2023, and that's just in the United States, according to the Freedonia Group. It goes way beyond security guards hired to protect industrial areas, commercial areas, and residential areas. And the industry is now going global.
Ahead of Wednesday's congressional hearing with the CEOs of Alphabet, Amazon, Apple and Facebook, Morgan Stanley's Robert Kindler told CNBC that breaking up Amazon and other large technology companies doesn't make any sense given the consumer benefits that come with their dominance.
The current Alexa app is often hard to use, offering random irrelevant prompts from the home screen and forcing users to dig through menus to find different settings.
Gold prices touched record prices on Monday morning in Asia as worries over issues such as the coronavirus pandemic as well as U.S.-China trade tensions weighed on investor sentiment.
On July 22, Under Armour in addition to two executives — Kevin Plank, its former CEO and current executive chairman, and David Bergman, its current CFO — received Wells notices from the SEC related to a previously disclosed probe by the agency, the company said in an 8-K filing.