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Google Business NewsAug 07, 2020
Trump again threatens executive orders to extend benefits after stimulus talks fall apart - USA TODAY
Trump again threatens executive orders to extend benefits after stimulus talks fall apart  USA TODAYStimulus talks break down on Capitol Hill as negotiators walk away without a deal  CNNStimulus Bill Deadline Passes With No Deal As Negotiations Collapse  ForbesIt would be fine for Trump to accept the nomination at the White House  The Washington Post

CNBC BusinessAug 07, 2020
Coronavirus updates: Washington can't reach a stimulus deal; New York green lights fall school reopening
The coronavirus has infected more than 19.1 million people around the world as of Friday, killing at least 715,555 people.

KiplingerAug 07, 2020
Stock Market Today: Strong July Jobs Report Has a Dark Side
Wall Street got the July jobs report it was hoping for, but the market didn't do much with it.

The Labor Department on Friday reported that the unemployment rate dropped to 10.2% last month, from 11.1% in June, as the U.S. added nearly 1.8 million jobs. That total was better than economists' estimates, though far lower than the 4.8 million jobs tacked on in June.

SEE MORE 10 Best Cloud Stocks to Buy for Rapid Growth But investors didn't reap many gains in blue-chip stocks. While the small-cap Russell 2000 soared 1.6% to 1,569, the Dow Jones Industrial Average finished the day with a modest 0.2% improvement, and the S&P 500 inched ahead by a mere 2 points to 3,351.

The Nasdaq Composite fared much worse, declining by 0.9% to 11,010 as hot-running components such as Apple (AAPL, -2.3%), Microsoft (MSFT, -1.8%) and Amazon.com (AMZN, -1.8%) stalled out Friday.

"While the U.S. economy added more jobs and the unemployment rate fell (both better than expectations), the July increase in non-farm payrolls confirms that the rise in new virus cases did slow the economic recovery to some extent," writes Gene Goldman, chief investment officer at Cetera Investment Management, a broker-dealer network encompassing more than 8,000 advisors and $250 billion in assets. 

"One worry about


MarketWatchAug 07, 2020
Market Snapshot: Dow, S&P 500 finish higher even as pandemic aid talks break down in DC without a deal
Major U.S. stock indexes closed higher Friday, except for the Nasdaq Composite Index, despite Washington's failure to produce a last-minute coronavirus aid package before Congress takes a summer recess, leaving America's economic recovery hanging in the balance.

Forbes HeadlinesAug 07, 2020
No Stimulus Deal, But President Trump May Issue These Executive Orders
No stimulus deal reached. Mnuchin and Meadows to recommend President Trump issue executive orders on enhanced unemployment benefits, rental evictions and student loans.
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