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Markets

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China's Economic Recovery Remains Tepid

Jul 13, 2020 at 12:00

Smartphone shipment data from China suggests consumers are weighing on overall economic growth, reducing the odds of a "V-shaped" recovery.

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Chinese Stocks Soar On Bullish Economic Data

Jul 07, 2020 at 18:00

Monday was a record-breaking day for the Chinese stock market, representing the biggest increase in shareholder wealth since the global financial crisis

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Immigration Will Go Bust Without $1.2B Bailout

Jul 02, 2020 at 18:00

The United States Citizenship and Immigration Services (USCIS) now finds itself in a situation in which it desperately needs emergency funding

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E-Commerce Explodes As Boomers Go Digital

Jun 28, 2020 at 18:00

During this time of lockdown, everyone--not just the younger generations--have used their spare time to hone online shopping skills.

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Economic Reopening Backfires, COVID Surge Snaps Recovery

Jun 27, 2020 at 18:00

The reopening failed, and coronavirus cases are once again soaring, even if Vice President Pence is encouraging the media to focus on the positive details.

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Luxury Clothing Isn’t A Priority As Americans Grapple With COVID-19

Jun 25, 2020 at 14:00

There’s nothing like a global pandemic to put fashion into perspective

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U.S. Banks Have Seen $2 Trillion In Deposits Since January

Jun 22, 2020 at 18:00

In April, US banks took in $865 billion in cash deposits, and since January, they’ve taken in $2 trillion.

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Foreclosure Moratorium Extended, But Only for Some

Jun 21, 2020 at 19:00

The new moratorium for borrowers with mortgages backed by Fannie Mae and Freddie Mac runs until at least the end of August,

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Retail Is Still Struggling

Jun 17, 2020 at 18:00

U.S. states are now open again for business, but the lines outside of places like TJMaxx might be misleading.

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Is The Fed Getting Desperate?

Jun 16, 2020 at 12:00

Equity markets are flying, emerging markets are up, bond yields are creeping ever so slightly higher, credit is doing just fine