Democratic, Administration Negotiators at Loggerheads Over $600 Jobless Benefit

Democrats and Republicans remained at odds in weekend negotiations on a new coronavirus economic relief package, including aid to replace the federal $600-a-week boost to unemployment benefits that expired Friday. 


 
Fed Weighs Abandoning Pre-Emptive Rate Moves to Curb Inflation

The U.S. central bank is preparing to effectively abandon its strategy of pre-emptively lifting interest rates to head off higher inflation, a practice it has followed for more than three decades. 


 
Economy Week Ahead: Factories, Trade and Jobs

The U.S. jobs report for July will cap a full week of data that should shed light on the global pace of recovery from the recession triggered by Covid-19. 


 
U.S. Counts Smallest Daily Rise in Coronavirus Cases in Weeks

Total Covid-19 cases world-wide surpassed 18 million, and the U.S. death toll was approaching 155,000 after the country posted a record number of new infections in the month of July. 


 
China Caixin PMI Hit Highest Level in Nearly a Decade

A private gauge of China's manufacturing activity rose to 52.8 in July, its highest level in more than nine years, boosted by accelerated production and recovering demand. 


 
Bitcoin Is Riding High Again as Investors Embrace Risk

The market boom that pushed stocks, bonds and commodities to their best combined four-month spurt in decades has found its way into the most notoriously volatile and speculative asset on the planet: bitcoin. 


 
July Jobs Data Will Provide Clues on Strength of the Recovery

Friday's report will show whether the labor market's healing continued or sputtered amid rising Covid-19 cases and deaths. 


 
Coronavirus Cases Rise in Europe as Youth Hit Beaches and Bars

Young people are letting loose across Europe, fueling a surge in coronavirus infections that is imperiling hard-won gains against the pathogen. 


 
Behind the Vast Market Rally: A Tumbling Dollar

The dollar has made a sharp U-turn this summer following a long rally, confounding many traders, but potentially adding fuel to this year's surprising stock-market rebound. 


 
Stock Splits Pay Off-on the Rare Occasions They Occur

Shares of Apple enjoyed a big bounce after the iPhone maker revealed plans to execute a 4-for-1 stock split.