U.S. Economic Recovery Gains Steam While Others Stutter

The U.S. economy picked up momentum this month as firms shook off the effects of the pandemic-induced downturn, though recoveries in other parts of the world slowed, according to new surveys of purchasing managers. 


 
U.S. Stocks Wobble as Investors Look to Economic Data

Wall Street's major indexes were little changed shortly after the opening bell as investors digested recent weak economic data amid thin trading volumes during the peak summer vacation period. 


 
U.S. Existing-Home Sales Surged 24.7% in July on Low Rates

Sales of previously owned homes surged in July as low interest rates and a desire for more space amid the pandemic boosted home-buyer demand. 


 
Under the Surface of Pristine Job Numbers, Pain Awaits Europe Too

European nations have done a good job protecting employment during lockdowns, but the recovery is stalling and a cliff edge awaits in 2021. 


 
Argentines Seek Safety of U.S. Dollars, Despite Debt Deal

Argentines are once again rushing to the safety of the U.S. dollar, a sign the country's deal with creditors to restructure $65 billion in foreign debt has failed to restore confidence in government policies. 


 
State Department Urges Universities to Disclose China Stocks in Index Funds

Keith Krach, the undersecretary of state for economic growth, energy and the environment, encouraged university endowments to divest Chinese stocks and disclose Chinese assets held in their index funds. 


 
Discount Retailers Test Investors' Patience

Investors in TJX Cos and Ross Stores are facing a version of "The Marshmallow Test," the famous experiment that measures one's ability to delay gratification. 


 
When the Stock Market and Economy Seem Disconnected

The stock market has shaken off the initial shock from the coronavirus, but that is of little comfort to those without money to invest. 


 
Natural Gas Prices Are on Fire, but Producers Are Holding Back

Natural gas prices have shot up nearly 60% since late June, and speculators are betting they will keep climbing. But the companies that control the country's spigots aren't so sure. 


 
New Coronavirus Cases Below 50,000 in U.S. for Sixth Straight Day

The U.S. reported fewer than 50,000 new coronavirus cases for the sixth day in a row, as some states and universities took further steps to try to control the pandemic.