U.S. Stocks Fall Amid Decline in Tech Shares

Major indexes dropped, with the Dow Jones Industrial Average falling around 700 points. Big tech companies, including Facebook and Apple, were leading the declines, contributing to the pressure on Nasdaq. 


 
Jobless Claims Fell Last Week

New applications for unemployment benefits declined, a reflection of a slowly improving labor market and the impact of a new measurement method. 


 
U.S. Trade Deficit Widest Since 2008 in July as Imports Outpaced Exports

The U.S. trade deficit widened in July, as Americans' appetite for foreign-made goods bounced back while exports rose more modestly. 


 
France Reveals $118 Billion Plan to Relaunch Economy

France detailed a plan Thursday to inject $118 billion into its economy, which has taken an outsize beating from the coronavirus pandemic. 


 
Oversupply of Easy Money Sends European Borrowing Rates to Record Low

The interest rate that European banks use to lend among themselves plumbed new depths this week in a sign of how credit markets have been distorted by central banks' aggressive measures this year. 


 
Brazilian Company Suzano Bets the Bond Market on Emission Cuts

As Brazil struggles with deforestation, one of the country's largest paper manufacturers is pitching investors a new type of security that will cost the company money if it fails to meet greenhouse gas-reduction targets. 


 
Emerging-Market Bond Funds Face Reckoning

The Covid-19 pandemic is a reminder that assets designed to produce higher returns in good times can post outsize losses when things go wrong. 


 
Big Gains in Black-Owned Firms From Juneteenth Bets Prove Fleeting

Investors piled into shares of some Black-owned businesses in June amid widespread racial-justice protests, and two banks saw their shares spike higher. 


 
U.S. New Coronavirus Infections Inch Lower as Cases Surge in India

The U.S. reported fewer than 40,000 new coronavirus cases as infections in some previously hard-hit states showed signs of easing, while the virus continued to spread in other parts of the world, including India. 


 
Fed's Daly Says More Fiscal Support Important for Recovery

Federal Reserve Bank of San Francisco President Mary Daly said Wednesday that reduced government support efforts will slow the economic recovery if they aren't restored.