Stock Futures Wobble on Stimulus Hopes, Earnings
Tesla is among companies slated to report quarterly earnings, which will give investors insights into how businesses are weathering the economic downturn.
New U.S. Coronavirus Cases Increase for Third Straight Day
The U.S. reported more than 60,000 new Covid-19 cases on Tuesday, and an indicator suggests cases have been rising for more than two weeks.
Financial Firms Gear Up for Biden and an Emboldened Consumer Watchdog
Companies are pushing to resolve pending cases with the Consumer Financial Protection Bureau. Their thinking: The agency will get a lot more aggressive if Joe Biden becomes president.
Coronavirus Stimulus Talks Make Progress Despite Resistance
White House and Democratic negotiators said they would press ahead with efforts to reach a coronavirus relief deal after making progress even as the prospect of a roughly $2 trillion package sparked opposition from Senate Republicans.
More Corporate Bonds Are Rated Triple-A in China Despite Pandemic
China's credit-rating firms are doling out more triple-A bond ratings, a trend that has continued this year in spite of the coronavirus pandemic and greater borrowing by companies in the world's second-largest economy.
Leveraged Buyouts Come Roaring Back
Deals including Blackstone's agreement to buy genealogy researcher Ancestry are sparking an LBO revival after an assessment of the damage from the pandemic shutdown on private-equity firms' portfolio companies.
Political and Pandemic Turmoil Make for a Noxious Economic Mix in Thailand
Protests in the capital compound economic strain that emerged even before the pandemic devastated the tourism industry.
Snap Is Reaching Peak Exposure
Snap's investors should absolutely cheer the platform's resilience in a tough environment. But they should also ask themselves whether a blowout quarter merits a blown out valuation.
Former RBA Board Member Urges Stepped Up Bond Buying
Former Reserve Bank of Australia board member John Edwards has urged the central bank to ramp up government bond buying, saying it is the best option for further supporting the economy as it tries to shake off the Covid-19 recession.
Chicago Fed's Evans Says More Fiscal Aid Important for Healthy Recovery
Chicago Federal Reserve Bank President Charles Evans said Tuesday he sees a healthy recovery for the U.S. economy, but added that its vigor still depends on more government aid.
(END) Dow Jones Newswires
10-21-20 0715ET