Rock-bottom mortgage rates cushion banks during coronavirus pandemic
Historically-low mortgage rates are helping banks generate revenue amid the COVID-19 pandemic.
Delta Air Lines takes $7B loss as coronavirus grounds flights
Delta Air Lines lost $3.86 billion before taxes and other items as the COVID-19 pandemic grounded flights.
Amazon unveils shopping cart that knows what you're buying
Cameras, sensors and a scale will automatically detect what shoppers drop in
Stock futures trade lower as banks report earnings
JPMorgan Chase reported better-than-expected results. Citigroup earnings per share were also better than expected, while Wells Fargo reported a net loss of $2.4 billion.
Luckin Coffee ousts chairman Lu, names Guo as CEO
Guo was previously the acting CEO of the company
Stocks surrender gains after California rolls back coronavirus reopenings
A late day reversal hits stocks hard ahead of bank earnings out tomorrow.
Varney: American big tech will 'dominate' post-coronavirus economy
FOX Business' Stuart Varney during his latest "My Take” argues that American big tech has "enriched" the U.S.
PepsiCo beverage sales slide amid coronavirus lockdowns
PepsiCo reported second-quarter sales slid 3.1 percent from a year ago as consumers stocked up on snacks and bought fewer beverages amid the COVID-19 pandemic.
Analog Devices to buy rival Maxim Integrated, form $68B chipmaker
Analog Devices has agreed to buy Maxim Integrated products in all-stock deal.
Stock futures rise to start week ahead of earnings season
On Tuesday, heavyweights like JPMorgan Chase, Citigroup and Wells Fargo will report
Analog Devices in talks to buy Maxim Integrated for about $20B
All-stock sale of Maxim could be announced as soon as Monday
MultiPlan to go public in merger With Churchill Capital entity
MultiPlan’s platform is used by insurance companies to find cost savings in health-care claims
Coronavirus vaccine could tilt election toward Trump by energizing stock market
The S&P 500 has rallied 42 percent from its March 23 low, but the momentum has stalled over the past week as the number of daily COVID-19 infections reached the highest level on record.
Larry Kudlow says America can’t afford Joe Biden
Larry Kudlow said presumptive Democratic nominee Joe Biden's economic plan "defies common sense."
Nasdaq grabs new record as stocks post weekly gains
US stocks end week on a positive note ahead of earnings season.
Carnival sales plunge 85% as coronavirus docks ships
The Miami-based cruise operator’s revenue plunged 85 percent from a year ago to $740 million, driving its loss to $6.07 per share.
Tesla stock skeptics burn $18B with bad bets
Tesla short-sellers have lost $18.1 billion this year as the electric-car marker's stock price surged, according to S3 Partners.
Stock futures head lower to end the week
Forecasters warn the recent rise in stocks might be too big and too fast
Nevada regulators OK company buying Caesars Entertainment
Eldorado Resorts bought Caesars Entertainment in a $17.3 billion deal
Warren Buffett drops to lowest rank ever on Bloomberg Billionaires Index
Billionaire Warren Buffett took a hit this week after donating nearly $3 billion worth of his Berkshire Hathaway stocks to five charities.

















