Treasury Yields Climb After Hitting Lowest Levels Since Spring
Long-term Treasury yields finished the day higher but not before dipping to fresh multimonth lows on concern over rising coronavirus cases.
Trump Dims Hopes for New China Trade Deal
President Trump said that he is no longer thinking about negotiating a phase-two trade deal with China, saying the relationship between the countries has been badly damaged by the coronavirus pandemic.
Stocks Log Modest Weekly Gains
The Dow and S&P 500 closed higher as investors brushed off worries about a fresh wave of coronavirus infections and its impact on the economic recovery.
Ample Supplies of Grain Run Up Against Weak Demand
U.S. farmers are expected to grow large corn and soybean crops this year-but it is unclear if an economy recovering from coronavirus will be strong enough to consume the harvest.
Bulgaria and Croatia Take Vital Step Toward Adopting Euro
Bulgaria and Croatia took a big step toward adopting the euro currency, potentially becoming the newest members to the bloc after years of economic crises and shocks.
Coronavirus's Worst Impact on Oil Demand Has Passed, IEA Says
The worst effects of the coronavirus on global oil demand have passed but will continue to echo as the market slowly recovers in the second half of 2020, the International Energy Agency said.
Traders Bet on Rally for China's Markets
A dramatic rally in shares of Chinese companies has unleashed a frenzy of trading activity, with many investors positioning for an even bigger advance.
U.S. Oil Rig-Count Falls to 11-Year-Low
The number of active, oil-targeted rigs in the U.S. fell by four in the latest week to a fresh, 11-year-low of 181 rigs, as many producers remain averse to new drilling activity due to below-profit-making oil prices.
Fed's Kaplan: Wear a Mask and Boost the Economy's Recovery Prospects
The Dallas Fed leader called wearing a mask to contain the spread of the coronavirus the "primary economic policy"
Private-Equity M&A Declines as Lockdowns Ground Deal Makers
Lockdowns that went into effect to help stem the coronavirus pandemic earlier this year grounded many private-equity deal makers and curbed first-half merger and acquisition transactions, figures from data provider Dealogic show.