BlackRock assets reach $7.32T as crisis drives record investments
BlackRock reported a 22 percent jump in second-quarter profit.
Stock futures trade higher to end the week
Investors will be watching for the latest consumer confidence reading from the University of Michigan
United Airlines, pilots union reach creative deal to limit furloughs
U.S. airlines have warned that tens of thousands of jobs are on the line in October when a U.S. government bailout runs out
Big tech leads decline as job losses top 51M
Initial jobless claims for the week ended July 10 totaled 1.3 million, slightly higher than the 1.25 million that were expected.
Retail investors snapping up stocks amid coronavirus volatility: Charles Schwab
Charles Schwab added 552,000 new brokerage accounts in the second quarter as total client assets swelled 11 percent to $4.11 trillion.
Norwegian Cruise Line seeks $1.175B to navigate coronavirus
Norwegian Cruise Line Holdings plans to raise $1.175 billion through a sale of stock and debt.
Domino's Pizza sales surge amid coronavirus lockdowns
Domino's Pizza profit spiked 29 percent in the second quarter as consumers ordered more pizza pies while sheltering at home during the COVID-19 pandemic.
Johnson & Johnson profit dives 35% as coronavirus zaps sales of beauty products, medical devices
Consumer health sales fell 7 percent from a year ago to $3.3 billion as consumers bought fewer skin health and beauty products while sheltering at home during the COVID-19 pandemic.
Billionaires look to exit equities after turning quick profit
During the rout in stock markets across the globe in March, UBS’ richest customers took out loans to place billions into crashing stock markets.
EU court invalidates data-sharing pact with US
The ruling does not mean an immediate halt to all data transfers outside the EU
Stock futures pull back as jobless claims decline slightly
Jobless claims, retail sales and several earnings reports will dictate how the market trades
Stocks jump on coronavirus vaccine hopes, Trump’s infrastructure plan
Moderna's COVID-19 vaccine produced “binding anitbodies” in a Phase 1 trial, according to the New England Journal of Medicine.
Biden blue wave could crush these parts of the stock market
Higher taxes and tighter regulations are just part of the problem for stocks if there's a Democratic sweep in November.
Goldman Sachs rides investment banking, trading to big earnings beat
Both the investment banking and trading divisions raked in the highest revenue in years, even as Goldman increased its reserves against potential loan defaults.
Apple wins major tax battle against EU
The bloc’s second-highest court sided with the tech giant over allegedly unpaid taxes to Ireland
Stock futures rise on coronavirus vaccine hopes
An experimental COVID-19 vaccine under development by Moderna and the U.S. National Institutes of Health revved up people’s immune systems
Best Buy to require customers to wear masks amid virus spike
Best Buy will provide a face covering if a customer doesn’t have one
Tesla secures tax breaks for cybertruck factory in Texas
The decision marks a step forward for Texas as it vies with Oklahoma to attract a new factory
Dow soars 557 points, energy, materials drive broad gains
Major U.S. banks increased reserves against loan defaults during the COVID-19 pandemic while California backtracked on reopenings.
Big investors grow less optimistic on V-shaped coronavirus recovery
Fund managers increased their cash piles amid a declining belief the U.S. economy will see a rapid V-shaped recovery.



















