Brooks Brothers starts takeover race with 'stalking-horse' agreement
Sparc's offer will be subject to higher and better bids due by Aug. 5 and has been designated as the "stalking horse," setting a minimum for others to beat.
Dow sinks as Microsoft, Apple fall while gold hits record
Initial jobless claims for the week ended July 18 rose by 1.416 million, raising the total number of first-time filings to more than 52 million since COVID-19 stay-at-home orders began.
Payroll tax cut won't be included in fourth coronavirus bill, Mnuchin says
The treasury secretary said President Trump’s request for a payroll tax cut will not be included in the fourth coronavirus stimulus bill, while hinting a fifth package could be on the horizon.
More than 1.4M Americans filed for unemployment benefits last week
It marks the 18th week in a row that initial claims came in above 1 million.
Stock futures trade higher adding to recent gains
Three members of the Dow will report earnings on Thursday
White House, GOP agree on virus testing in new aid bill
Deep disagreements over the scope of the $1 trillion in federal aid remain
Coronavirus eviction bans, enhanced unemployment to expire: How will that affect the economy?
Census Bureau data shows that approximately 12 million adults live in households that were unable to make their last rent payment.
Payroll tax cut is 'a perfect way to really reignite the economy': Art Laffer
Former Reagan economic adviser Art Laffer told “America’s Newsroom” on Tuesday that he spoke with President Trump on the phone the day before about a payroll tax cut and said he thinks it’s “a perfect way to really reignite the economy” by “creating jobs, output and employment.”
Stock futures point to added gains on vaccine hopes, stimulus
Tuesday's earnings include Coca-Cola and Lockheed Martin
EU nations clinch $2.1T budget, virus aid deal after 4 days
The EU reached a consensus on a 750 billion euro coronavirus fund to be sent as loans and grants to the countries hit hardest by the virus
Create an emergency savings fund with the help of your employer
Many Americans say they would have a hard time covering a small, unexpected expense.
Extra $600 in unemployment benefits boosted US economy, study finds
The sweetened benefits are set to expire next week and the typical unemployment check, which varies by state, will return to below $400 per week.
Senate GOP seeks COVID-19 liability protections for schools, businesses
Under the plan, schools, businesses and frontline health care workers could only be found liable for damages in cases of gross negligence and intentional misconduct.
Mnuchin suggests automatic forgiveness of smallest PPP loans
Mnuchin appeared to back a proposal from U.S. banks and others who have said the massive lending program should see loans under $150,000 automatically turned into grants.
Fed expands Main Street lending program to include nonprofits
The central bank also changed the minimum employee provision for nonprofits to 10 from 50, allowing smaller groups to participate.
U.S. homebuilding surges as coronavirus sparks flight to suburbs
Housing starts increased 17.3% to a seasonally adjusted annual rate of 1.186 million units last month; the percentage increase was the largest since October 2016.
US economy faces new hurdle for recovery: Child care crisis
Experts broadly agree that reopening schools in the fall could be key to reversing the severe economic damage inflicted by the pandemic.
What can I do when expanded unemployment benefits run out?
What are you supposed to do if you can't return to work and you can't count on an extra $600 per week in unemployment benefits anymore?
Pelosi says $1.3T for next coronavirus relief package 'not enough'
Some Trump administration officials are concerned that if the aid package is worth more than $1 trillion, the White House risks losing pivotal support from fiscally conservative Senate Republicans who are starting to balk at the unprecedented debt and spending levels.
Stock futures trade higher to end the week
Investors will be watching for the latest consumer confidence reading from the University of Michigan


















