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Yahoo BusinessJul 02, 2020
Coronavirus update: US sets new case record as more GOP officials back masks in public
The coronavirus pandemic showed no signs of relenting on Thursday, with the U.S. marking a new record of over 50,000 cases in a day amid a surge of new cases in the Sun Belt.


RELATED ARTICLES
Coronavirus latest: Florida reports more than 9,000 new cases (FT.com - US)
U.S. coronavirus cases soar by more than 50,600 in record single-day jump - CNBC (Google Business News)

CNBC EconomyJul 02, 2020
Dow rises 200 points to close out big winning week after strong June jobs report
Stocks rose as investors cheered a bigger-than-expected jobs increase as the economy tries to claws back from the coronavirus shutdown.

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Europe Markets: European stocks surge as U.S. economy adds 4.8 million jobs in June (MarketWatch)
Outside the Box: June jobs report shows recovery, but small business owners still need urgent cash assistance to survive (MarketWatch)

CNBC FinanceJul 02, 2020
Stock market live updates: Dow up 200, big winning week, blowout jobs number
All the latest headlines moving markets.

RELATED ARTICLES
Is the stock market closed July 4th? (USA Today Money)

The Motley FoolJul 02, 2020
Stock Market News: What Conflicting Jobs Data Really Means for Markets
Market participants are having trouble reconciling different pictures of the economy.

USA Today MoneyJul 02, 2020
More Apple stores now closed: 28% of stores listed as temporarily closed as COVID-19 cases rise
More than 75 Apple stores are temporarily closed again due to spikes in the number of coronavirus cases.       

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Party host who knew they had coronavirus symptoms led to cluster of nine COVID-19 cases in NY - Daily Mail (Google Business News)

Washington Post BusinessJul 02, 2020
The U.S. economy added 4.8 million jobs in June, but fierce new headwinds have emerged
Many analysts expect the report to lower the official unemployment rate of 13.3 percent. But a coronavirus surge is complicating an already fraught recovery.

RELATED ARTICLES
Trump Today: Trump says economy is ‘roaring back' as U.S. regains nearly 5 million jobs in June (MarketWatch)

CNBC BusinessJul 02, 2020
Airlines spar over social distancing on planes during pandemic
United dismissed the effectiveness of blocking middle seats on board, calling it a "PR strategy"

RELATED ARTICLES
3 Stocks to Buy and Hold During the Coronavirus Pandemic (The Motley Fool)
Boxed wine sales have increased dramatically during the COVID pandemic (USA Today Money)

The Motley FoolJul 02, 2020
Why Tesla Stock Soared Higher on Thursday
The stock is hitting new highs following better-than-expected second-quarter deliveries. Here's what investors should know.

CNBC BusinessJul 02, 2020
Ford sales fall 33.3% in the second quarter due to coronavirus
Ford said its U.S. vehicle sales in the second quarter were down 33.3%, in line with expectations as the coronavirus caused consumers to stay at home and dealerships and factories to shutter.

RELATED ARTICLES
Tesla stock rockets higher as quarterly sales crush expectations (MarketWatch)

MarketWatchJul 02, 2020
Metals Stocks: Gold climbs as investors cast a wary eye on upbeat U.S. jobs data as cases of COVID-19 continue to rise
Gold futures moved higher Thursday as investors showed concern over the economic impact of the rising numbers of new COVID-19 cases in the U.S. and around the world despite improving economic data.

CNBC BusinessJul 02, 2020
Manhattan apartment sales worst on record, biggest plunge in 30 years
Manhattan apartment sales in the second quarter saw their biggest decline in 30 years and worst quarter on record as the real estate lockdown and urban flight after the Covid-19 crisis put a freeze on the market.

Private Equity Breaking NewsJul 02, 2020
Priveq closes SEK2.5bn Fund VI launched amid worst of coronavirus
European private equity investor Priveq has hit a SEK2.5bn ($270m) final close for its sixth flagship fund, raised entirely during the worst of the coronavirus crisis.

CNBC BusinessJul 02, 2020
Coronavirus live updates: Gottlieb says worst of outbreak will pass by January; Pence sees no need for a mask mandate
The coronavirus has now infected more than 10.72 million people around the world as of Thursday, killing at least 516,970 people.

Wall Street Journal US BusinessJul 02, 2020
Businesses Hit Hard by Coronavirus Claw Back Jobs
The two industries that suffered the most job loss because of the coronavirus pandemic and related shutdowns—hospitality and retail—saw the strongest gains the last two months as the U.S. economic engine restarted

Washington Post BusinessJul 02, 2020
Trump appears to back another round of stimulus checks, though jumbled remarks make plan unclear
In comments to Fox Business, Trump said he wants to offer bigger payments than Democrats envision but that he doesn't want it to deter employment.

Google Business NewsJul 02, 2020
Coronavirus vaccine tracker: How close are we to a vaccine? - The Guardian
Coronavirus vaccine tracker: How close are we to a vaccine?  The GuardianCOVID-19 vaccine must protect 50% of people for approval, FDA says  Ars TechnicaWatch live: Senate holds hearing on Trump administration's Operation Warp Speed to develop coronavirus vaccine  CNBCFDA Commissioner Hahn and Deputy Shah: Coronavirus vaccine search - here's what we're doing to defeat COVID-19  Fox News

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Watch live: Senate holds hearing on Trump administration's Operation Warp Speed to develop coronavirus vaccine - CNBC (Google Business News)

Google Business NewsJul 02, 2020
Donald Trump says 'I'm all for' wearing a coronavirus mask, 'I look like the Lone Ranger' - The Sun
Donald Trump says 'I'm all for' wearing a coronavirus mask, 'I look like the Lone Ranger'  The SunTrump says he's 'all for masks,' but believes coronavirus will 'disappear'  CNNRefusing to Wear a Mask Is Like Driving Drunk  The New York TimesPresident Trump should wear a mask | TheHill  The HillOPINION: There are no ifs, ands or buts: Not wearing a mask is pure selfishness  

The Motley FoolJul 02, 2020
Attention Retirees: You Need to Know This New IRS Rule About Required Minimum Distributions
It could help you protect your retirement account balance!

Washington Post BusinessJul 02, 2020
The Technology 202: Here's what Facebook ad boycott organizers plan to tell Mark Zuckerberg
They want Facebook to allow independent audits of misinformation and hate speech.

MarketWatchJul 02, 2020
Market Extra: Is the stock market closed Friday? For 4th of July, here's everything investors need to know about trading hours and closures
Independence Day falls on Saturday this year, meaning that U.S. financial markets will be closed on Friday.

The Motley FoolJul 02, 2020
Amazon's Twitch Sees Massive Surge in Engagement Amid COVID-19 Lockdowns
Twitch remains the largest live-streaming platform by far.

MarketWatch Breaking NewsJul 02, 2020
What you need to know about market hours and closures for Fourth of July holiday
What you need to know about market hours and closures for Fourth of July holiday

MarketWatchJul 02, 2020
NewsWatch: Return of March panic is the biggest risk to the S&P 500 right now. Here's the trigger
Our call of the day has charted out some highs and lows for the S&P 500 that investors need to watch out for in coming weeks and months. And here's what could cause a trigger.

RELATED ARTICLES
Need to Know: Return of March panic is the biggest risk to the S&P 500 right now. Here's the trigger (MarketWatch)

Chicago Tribune Business NewsJul 02, 2020
Unemployment falls to 11.1% in June amid record job gains, but pandemic dims outlook
U.S. employers added a substantial 4.8 million jobs in June, and the unemployment rate fell to 11.1%, as the job market improved for a second straight month yet still remained far short of regaining the colossal losses it suffered this spring.

Yahoo BusinessJul 02, 2020
Zuckerberg Tells Facebook Employees He's Not Going To Change Policies In Response To Advertiser Boycott
Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg weighed in on the growing advertising boycott centered around the company and told employees that he was reluctant to bow to pressure and was not worried about the withdrawal of advertisers.What Happened The Facebook chief executive said, "We're not gonna change our policies or approach on anything because of a threat to a small percent of our revenue, or to any percent of our revenue," reported MarketWatch.The comments by Zuckerberg were first reported by The Information, an online tech publication. On the topic of acceding to the demand of the boycotters, Zuckerberg said, "Usually I tend to think that if someone goes out there and threatens you to do something, that actually kind of puts you in a box where in some ways it's even harder to do what they want because now it looks like you're capitulating, and that sets up bad long-term incentives for others to do that [to you] as well."Why It Matters Companies such as Verizon Communications (NYSE: VZ), VF Corp, (NYSE: VFC) Starbucks Corporation (NASDAQ: SBUX), Unilever NV (NYSE: UN) are either boycotting social media or have joined the StopHateForProfit campaign, supported by multiple civil rights organizations.The campaign claims 70% of Facebook's $70 billion is made through advertising and is urging advertisers to take a stand against hate speech on the social network. Francis Corbett, a Silicon Valley communications strategy consu

RELATED ARTICLES
Digital Advertising Was Already Having a Bad Year. The Facebook Boycott Could Change It For Good (Inc.com)

Accounting TodayJul 02, 2020
Employers added 4.8M jobs in June despite coronavirus, including 17.5K in accounting
The unemployment rate fell to 11.1 percent, as employees returned to work despite the ongoing spread of COVID-19.

Wall Street Journal US BusinessJul 02, 2020
U.S. Unemployment Rate Fell to 11.1% in June
The employment report, based on survey data largely collected in mid-June, doesn't reflect recent government-mandated business closures and related layoffs in response to the coronavirus.

RELATED ARTICLES
Record jobs gain of 4.8 million in June smashes expectations; unemployment rate falls to 11.1% (CNBC Economy)

NYTimes BusinessJul 02, 2020
4.8 Million Jobs Added in June, but Clouds Grow Over Economy
Some 4.8 million positions were added last month, but renewed shutdowns could accelerate the continuing layoffs.

The Motley FoolJul 02, 2020
Unemployment Fell in June, but That Doesn't Mean the Economy Isn't in Trouble
The jobless rate was lower in June than it was in both April and May, but it's still too high for comfort.

MarketWatch MarketPulseJul 02, 2020
Dow jumps 400 points and Nasdaq hits a fresh record Thursday as jobs report for June shows 4.8 million jobs created ahead of Independence Day holiday
U.S. stock benchmarks opened sharply higher Thursday morning after a closely followed report on the health of the labor market showed that the U.S. added 4.76 million jobs in June and the unemployment fell to 11.1% from 13.3% in May, suggesting that the employment picture is improving after a stunning collapse due to the COVID-19 pandemic. Economists polled by MarketWatch had predicted 3.7 million jobs were created or restored in June, with some estimates ranging as high as 8 million. Meanwhile, a separate report showed that Americans filed for 1.43 million new unemployment claims in the latest week. The Dow Jones Industrial Average rose 356 points, or 1.4%, at 26,085, the S&P 500 index added 36 points, or 1.2%, at 3,152, while the Nasdaq Composite Index opened at an intraday record at 10,272, and was trading 1.2% higher. In corporate news, shares of Tesla Inc. were trading sharply higher after a Wedbush analyst boosted his stock price target to $2,000 and after the electric-vehicle maker released a better-than-expected sales report. U.S. financial markets will be closed on Friday and the bond market will close an hour early at 2 p.m. Eastern time on Thursday with the Independence Day holiday observed on Friday instead of July 4th.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



FT.com - China, Economy & TradeJul 02, 2020
Australia plans to offer a haven for Hong Kong residents
Canberra considers UK's ‘Five Eyes' request after Beijing imposes security law on territory

RELATED ARTICLES
House passes bill to sanction Chinese entities that menace Hong Kong, banks that work with them - Fox News (Google Business News)

FT.com - Financial MarketsJul 02, 2020
Investors are too complacent about emerging market risks
Abundant global liquidity has only papered over EM's debt problems and will not last

Yahoo BusinessJul 02, 2020
Should Investors Buy the Dip in Starbucks (SBUX) Stock?
If you are looking for the best ideas for your portfolio you may want to consider some of Ensemble Capital's top stock picks. Ensemble Capital, an investment management firm, is bullish on Starbucks Corp (NASDAQ:SBUX) stock. In its Q4 2019 investor letter - you can download a copy here - the firm discussed its investment […]


Washington Post BusinessJul 02, 2020
Fed officials raised concerns in June that U.S. could enter a much worse recession later this year if coronavirus cases continued to surge
The scenario, which officials described as plausible, was revealed in minutes of their June meeting before the surge in cases escalated

Yahoo BusinessJul 02, 2020
If You Own Alphabet (GOOG) Stock, Should You Sell It Now?
If you are looking for the best ideas for your portfolio you may want to consider some of Amana Mutual Funds top stock picks. Amana Mutual Funds, an investment management firm, is bearish on Alphabet Inc. (NASDAQ:GOOG) stock. In its Q4 2019 investor letter - you can download a copy here - the firm discussed […]


Google Business NewsJul 02, 2020
Vanilla Ice is having a Fourth of July weekend concert in Texas despite coronavirus surge - CNN
Vanilla Ice is having a Fourth of July weekend concert in Texas despite coronavirus surge  CNNVanilla Ice throwing Fourth of July concert: 'We didn't have coronavirus' in the '90s  Entertainment WeeklyVanilla Ice Holding July 4th Concert In Texas Despite Rising Coronavirus Cases  CBSDFWIn Austin, Where Nearly All Concerts are Canceled, Vanilla Ice Set to Perform Friday  Austin ChronicleVanilla Ice to Perform In Texas Despite Surge in Virus Cases  Bil

Automotive News Breaking NewsJul 02, 2020
Tesla deliveries fall 4.9% in virus-hit Q2, shares extend rally
The automaker said that while its U.S. assembly plant in California was shut down for much of the quarter, output is back up to prior levels.



The Motley FoolJul 02, 2020
3 Facts About High-Yield Dividend Stocks Every Investor Should Know
Higher yields usually bring an increased level of risk.

CNBC FinanceJul 02, 2020
Stocks making the biggest moves in the premarket: McDonald's, Tesla, JetBlue, Facebook & more
The stocks making the biggest moves in premarket trading include McDonald's, Tesla, JetBlue, Facebook, and more.

MarketWatch MarketPulseJul 02, 2020
Tesla stock price target boosted to $2,000 by Wedbush, making it the highest among FactSet analysts
Wedbush analyst Dan Ives raised his stock price target for Telsa Inc. to $2,000 from $1,250 on Friday, making it the highest among analysts on FactSet. "We believe with demand for Model 3's ramping stronger than expectations in China heading into the summer timeframe, the lockdown easing in the US/Europe, and some potentially "game changing" battery developments on the horizon (Battery Day another key catalyst) that Tesla's stock likely has room to run further," Ives wrote in a note to clients. The move comes a day after Tesla stock closed at a fresh record of $1,133.36, boosting its valuation to more than $207 billion and above, at least for now, Japan's Toyota Motor Corp.'s TM, -1.18% $203 billion market value. Toyota, which makes more than 8 million vehicles a year, long has been the No. 1 global car maker by market capitalization. Tesla is expected to report second-quarter sales this week, with analysts polled by FactSet expecting the sale of 72,000 vehicles in the quarter, of which 61,000 are Model 3s. "While the stock has been roaring higher, we believe the main fundamental catalyst continues to be the massive China market which is showing clear signs of a spike in demand for Musk & Co. heading into the rest of this year," Ives wrote. The analyst is expecting Tesla to reporter stronger second-quarter deliveries than the market is expecting, and could hit 450,000 for the year. Tesla shares jumped another 6.5% premarket to bring its year-to-date gain to 168%, while the S&P 500 has fallen 3.6%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



USA Today MoneyJul 02, 2020
'Don't tell my wine snob friends': Why Americans are buying more boxed wine during COVID-19
The stigma and shame of buying cheap wine in a cardboard package has been boxed out by the coronavirus pandemic       

Yahoo BusinessJul 02, 2020
Ford, Disney partner for Bronco deal
Yahoo Finance's Rick Newman joins The First Trade to discuss Ford's latest partnership with Disney to unveil its Bronco SUV in July.


NYTimes BusinessJul 02, 2020
U.S. Added Nearly 5 Million Jobs in June: Live Business Updates
The latest on stock market and business news during the coronavirus outbreak.

Automotive News Breaking NewsJul 02, 2020
Ford to use multiple Disney-owned channels to reveal Bronco
The automaker partnered with Disney's creative agency to produce three-minute films that will air July 13 on ESPN, ABC and National Geographic.



RELATED ARTICLES
Ford Motor Co. partners with Disney on Ford Bronco reveal (USA Today Money)

MarketWatch MarketPulseJul 02, 2020
Coronavirus tally: Global cases of COVID-19 above 10.7 million and U.S. cases top 50,000 in a day for first time
The global tally for confirmed cases of the coronavirus that causes COVID-19 rose above 10.7 million on Thursday, according to data aggregated by Johns Hopkins University, and the U.S. recorded more than 50,000 new cases in a single day for the first time since the start of the outbreak. The number of deaths globally climbed to 516,552, while the number of people who have recovered reached 5.5 million. The U.S. continues to lead the world, with a case tally of 2.69 million and death toll of 128,062. Within the U.S., infections have climbed in 38 states over the past 14 days, according to a New York Times tracker, with Idaho, Florida and Nevada leading the way. Brazil is next with 1.44 million cases and 60,632 deaths. Russia is third measured by cases at 660,231, followed by India with 604,641 and the U.K. with 314,992. The U.K. has 43,991 fatalities, the highest in Europe and third highest in the world. China, where the illness was first reported late last year, has 84,816 cases and 4,641 fatalities.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Google Market NewsJul 02, 2020
Jonathan Irons was freed from prison this week with the help of basketball star Maya Moore - CNN
Jonathan Irons was freed from prison this week with the help of basketball star Maya Moore  CNNInmate backed by WNBA star Maya Moore released from Missouri prison  ESPNMissouri man freed from prison with help of W.N.B.A. star Maya Moore  KMOV St. LouisJonathan Irons, Helped by W.N.B.A. Star Maya Moore, Freed From Prison  The New York Times

Dismal.com: AnalysisJul 02, 2020
Economic Roundup: The Good Times Unlikely to Keep Rolling
The June jobs report was impressive, but uncertainty is mounting as COVID-19 case counts rise.

RELATED ARTICLES
Disney Finds New Avenue for Revenue in Partnership With Ford (The Motley Fool)
Down Is the New Up for Tesla Stock - The Wall Street Journal (Google Business News)
Tesla Deliveries Beat Estimates On Strong Model Y, Model 3 Demand (The Motley Fool)
Ghislaine Maxwell, Jeffrey Epstein's longtime associate, has been charged with enticement of minors - CNN (Google Business News)
Walmart partners with Tribeca to turn 160 store parking lots into drive-in theaters - TechCrunch (Google Market News)
Market Snapshot: Dow up nearly 400 points after strong jobs report despite record rise in daily new coronavirus cases (MarketWatch)
Economic Report: U.S. jobless claims continue slow but steady descent in late June, falling to 1.43 million (MarketWatch)
Coty Names Former L'Oreal Executive as Its Fifth CEO in 4 Years (The Motley Fool)
Economic Report: ‘Still far from mission accomplished' — economists react to June jobs report (MarketWatch)
Tesla shares soar after reporting big beat on second-quarter deliveries - CNBC (Google Business News)
Wall Street stocks rally after strong US jobs report (FT.com - Financial Markets)
Pfizer Stock Rises as Company Unveils Timeline for Coronavirus Vaccine - Barron's (Google Business News)
Amazon CEO Jeff Bezos's Net Worth Tops Pre-Divorce Height: Bloomberg Index (Yahoo Business)
FT.com - USJul 01, 2020
Paulson closes hedge fund to external investors
Investor who won big on subprime crisis goes private after years of lacklustre performance

CNBC BusinessJul 01, 2020
California to close indoor businesses in some counties as coronavirus cases hit record highs
Indoor businesses required to close include restaurants, wineries and tasting rooms, movie theaters, family entertainment centers, zoos, museums and cardrooms, Gov. Gavin Newsom said.

Google Business NewsJul 01, 2020
Several San Quentin Inmates On Hunger Strike Amid Alarming COVID-19 Surge - HuffPost
Several San Quentin Inmates On Hunger Strike Amid Alarming COVID-19 Surge  HuffPost‘Horribly botched.' Lawmakers slam California prisons for ‘out-of-control' COVID-19 infections  Sacramento BeeFirsthand Look Inside San Quentin Where 1000 Inmates Have Tested Positive For COVID-19  KPIX CBS SF Bay AreaCalifornia officials blasted for prison coronavirus outbreak  KCRA SacramentoCOVID-19 outbreak in San Quentin causes reckoning in Marin  Sacramento Bee

KiplingerJul 01, 2020
Stock Market Today: Nasdaq Hits New Highs to Start Q3
Stocks struggled for direction on the first trading day of the second half, as promising news about a possible COVID-19 vaccine and better economic data were tempered by a drop in energy stocks.

A reading that showed U.S. manufacturing activity hit its highest level in more than a year helped bullish sentiment, as did an announcement that Pfizer's (PFE, 3.2%) coronavirus vaccine under development was found to be well tolerated in early-stage human trials.

21 Dividend Increases Announced During the COVID Crisis In a countervailing trade, energy stocks declined amid fears that the U.S. could see a return to widespread lockdowns to slow the spread of COVID-19.

Strength in the technology sector kept the Nasdaq aloft. Amazon (AMZN, 4.4%) and Facebook (FB, 4.6%) in specific gave the tech-heavy composite enough oomph to gain 1.0% to a record-high 10,154. The S&P 500 finished 0.5% higher to 3,115, while the Dow closed Wednesday down 0.3% to 25,734. The small-cap Russell 2000 lagged them all, dropping 1.0% to end at 1,427.

While fears of shutdowns dragged down economically sensitive small caps and the energy sector, Brad McMillan, Chief Investment Officer for Commonwealth Financial Network, offers up some optimism for investors in his midyear outlook:

"The real question about the coronavirus for the rest of 2020 is not if there will be a second wave, but whether it will be large enough to derail the economic recovery underway," he writes. "So far, it does not look like it will. As of late Jun


CNBC FinanceJul 01, 2020
Stock market live today: S&P 500 rises, Pfizer's vaccine shows promise, Fed minutes analysis
A conversation about market moving news.

Forbes HeadlinesJul 01, 2020
PPP Loans Help America's Small Businesses Stay Afloat During The Pandemic
To hear the stories of some of the business owners who received vital funds from PPP is encouraging, and a hopeful sign of America's ability to rebuild and recover.

Google Market NewsJul 01, 2020
Jonathan Irons, Helped by W.N.B.A. Star Maya Moore, Freed From Prison - The New York Times
Jonathan Irons, Helped by W.N.B.A. Star Maya Moore, Freed From Prison  The New York TimesInmate backed by WNBA star Maya Moore released from Missouri prison  ESPNMissouri man freed from prison with help of W.N.B.A. star Maya Moore  KMOV St. LouisJonathan Irons Freed from Prison After Maya Moore Helped Overturn Conviction  Bleacher Report
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