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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Wall Street Journal

Alphabet, Netflix, Tesla: Stocks That Defined the Week

Fri, Oct 23, 2020

Here are seven major companies whose stocks moved on the week’s news....

Help! My Parents Have Become Day Traders

Fri, Oct 23, 2020

Dad was thrifty enough to retire in his 50s. Mom’s nest egg was mostly retirement accounts and index funds. Now they’re buying and selling hot stocks in pursuit of quick profits....

U.S. Stocks Snap Winning Streak in Pre-Election Calm

Fri, Oct 23, 2020

The S&P 500 ticked higher but still turned in a weekly loss, with investors remaining focused on stimulus negotiations and earnings....

Treasury Yields Post Biggest Weekly Gain Since August

Fri, Oct 23, 2020

U.S. government bond yields finished the week near multimonth highs, with the 10-year Treasury note’s above 0.8%, lifted by signs of economic recovery and hopes for fiscal stimulus before or after the presidential election....

American Express Reports Higher Consumer Retail Spending

Fri, Oct 23, 2020

The credit-card company said consumer retail spending improved in the third quarter, but spending on travel and entertainment remained substantially lower....

Goldman to Recoup, Cut Executives' Pay After 1MDB Fines

Fri, Oct 23, 2020

Goldman Sachs is seizing or withholding $174 million from executives including CEO David Solomon after agreeing to a costly settlement to resolve government investigations into its role in a Malaysian bribery scandal....

Amex Can Profit Even If Customers Are Less Venturesome

Fri, Oct 23, 2020

Spending on exciting things like overseas travel may be down for a while, but increased use of Amex cards to pay for business-to-business services like advertising can help pick up the slack.....

Investors, It's Too Soon for an Election Night Party

Fri, Oct 23, 2020

Don’t be overly confident that the outcome on Nov. 3—whatever it is—will be a boon for the stock market...

Yes, Virginia, Santa Claus Gets a Paycheck This Year

Fri, Oct 23, 2020

Although about a fifth of large retailers are having a Santa Claus-free holiday season because of the pandemic, others plan longer shifts to keep crowds socially distanced and protective shields....

Airlines Are Charting Different Courses. Cash Could Decide the Winner.

Fri, Oct 23, 2020

The third-quarter earnings season has shown that major U.S. carriers have been following very different strategies to deal with scarce demand....

News

Alphabet, Netflix, Tesla: Stocks That Defined the Week

Here are seven major companies whose stocks moved on the week’s news....

Help! My Parents Have Become Day Traders

Dad was thrifty enough to retire in his 50s. Mom’s nest egg was mostly retirement accounts and index funds. Now they’re buying and selling hot stocks in pursuit of quick profits....

U.S. Stocks Snap Winning Streak in Pre-Election Calm

The S&P 500 ticked higher but still turned in a weekly loss, with investors remaining focused on stimulus negotiations and earnings....

Treasury Yields Post Biggest Weekly Gain Since August

U.S. government bond yields finished the week near multimonth highs, with the 10-year Treasury note’s above 0.8%, lifted by signs of economic recovery and hopes for fiscal stimulus before or after ...

American Express Reports Higher Consumer Retail Spending

The credit-card company said consumer retail spending improved in the third quarter, but spending on travel and entertainment remained substantially lower....

Goldman to Recoup, Cut Executives' Pay After 1MDB Fines

Goldman Sachs is seizing or withholding $174 million from executives including CEO David Solomon after agreeing to a costly settlement to resolve government investigations into its role in a Malays...

Amex Can Profit Even If Customers Are Less Venturesome

Spending on exciting things like overseas travel may be down for a while, but increased use of Amex cards to pay for business-to-business services like advertising can help pick up the slack.....

Investors, It's Too Soon for an Election Night Party

Don’t be overly confident that the outcome on Nov. 3—whatever it is—will be a boon for the stock market...

Yes, Virginia, Santa Claus Gets a Paycheck This Year

Although about a fifth of large retailers are having a Santa Claus-free holiday season because of the pandemic, others plan longer shifts to keep crowds socially distanced and protective shields....

Airlines Are Charting Different Courses. Cash Could Decide the Winner.

The third-quarter earnings season has shown that major U.S. carriers have been following very different strategies to deal with scarce demand....