Shares of banks and other lenders and money managers rose after President Trump seemed to soften his position on the prospects of a second stimulus bill in the short term.
Federal Reserve officials debated at length last month with how to most effectively apply their new policy framework to an economy battered by the coronavirus pandemic, according to minutes of their Sept. 15-16 meeting released Wednesday.
The European Commission is advancing plans to issue common debt and is poised to tap the bond market this month for the first time on a large scale to fund its coronavirus-relief programs, as a new unemployment-support program attempts to raise 100 billion euro, or roughly $118 billion.
Venmo, the payments app owned by PayPal Holdings, has introduced its first physical credit card, stamped with a prominent QR code on the front.
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(END) Dow Jones Newswires