Coronavirus-Aid Talks Still Stuck After Counteroffer by Mnuchin 
 

'We're still far apart,' said House Speaker Nancy Pelosi, but the Democrat and Treasury Secretary Steven Mnuchin are scheduled to speak again Thursday as Congress's recess nears.


 
Stocks Edge Higher to Start New Quarter 
 

U.S. stocks continued their march higher, following the S&P 500's best six-month performance since 2009, as central banks' stimulus measures keep markets buoyant.


 
U.S. Consumer Spending Rose in August, but Incomes Pose Hurdle for Recovery 
 

U.S. consumer spending rose 1.0% in August while incomes fell in part because of a decline in government aid for unemployed workers.


 
Pandemic Pain Persists for Big Oil Companies 
 

The global oil-and-gas industry remains under extreme financial pressure as demand for fossil fuels rebounds slowly after being crushed by the coronavirus pandemic.


 
The U.S. Economy Was Laden With Debt Before Covid. That's Bad News for a Recovery. 
 

The country entered the recession with record levels of consumer, business and government debt. Fourteen charts explain how we got there-and what it means for getting the economy going again.


 
Soaring Biomedical IPOs Raise Questions About Money Left on the Table 
 

Soaring initial public offerings for many biomedical startups are injecting cash into these companies as they seek cures for Covid-19, cancer and other diseases.


 
U.S. Banks Are Pulling More Assets From London 
 

London's standing as the one-stop shop for American banks doing business in Europe is slipping, as lenders speed up movement of people and assets from the U.K. to the continent before a Brexit transition period ends Dec. 31.


 
U.S. Manufacturing Shows Improvement But Hiring Lags 
 

U.S. manufacturing activity continues to rebound from the sharp downturn last spring, when factories closed to contain the spread of the coronavirus.


 
Secretive High-Speed Trading Firm Hits Jackpot With TikTok 
 

Susquehanna International Group is sitting on a stake in the app's owner, Beijing-based ByteDance, that could be worth more than $15 billion.


 
ECB Steps Up Support for Credit Markets 
 

The European Central Bank is ramping up its corporate-bond purchases, increasing its support for the region's companies as weaker economic data weigh on credit markets.

(END) Dow Jones Newswires

10-01-20 1315ET