Plus, ADP said private payrolls grew by just 428,000 in August, and Macy’s shares are up even after posting a loss as online sales jump 53% in its most recent quarter.
Read MorePlus, Tesla said it plans to sell up to $5 billion in new stock, Walmart said it will launch its Walmart+ subscription service on September 15, and Apple is expected to announced its new iPhones in October.
Read MorePlus, U.S. cases of the coronavirus are about to surpass 6 million, China threw a wrench in TikTok-owner ByteDance’s sale of its U.S. operations, and Amazon one approval from the FAA for its drone delivery service.
Read MorePlus, Japanese Prime Minister Shinzo Abe is stepping down, House Speaker Pelosi said Democrats and Republicans are at a “tragic impasse” on coronavirus relief negotiations, Abbott Laboratories inked a deal with the U.S. government for 150 million of its rapid coronavirus antigen test.
Read MorePlus, Fed Chairman Powell announced a move to “average inflation targeting,” initial jobless claims again came in above 1 million, and Amazon is getting into the wearables market.
Read MorePlus, Moderna said its coronavirus vaccine candidate showed a promising immune response in older patients in an early trial, Kansas City Fed President Esther George warned of a double-dip recession, and McDonald’s has reportedly expanded the scope of its investigation against former CEO Easterbrook.
Read MorePlus, the FDA Commissioner is walking back comments on the benefits of convalescent plasma, American Airlines announced it is laying 19,000 workers, and Best Buy shares are down even after reporting a great quarter.
Read MorePlus, the FDA issued emergency use authorization of convalescent plasma to treat hospitalized coronavirus patients, TikTok is suing the U.S. government, and another electric vehicle startup is going public.
Read MorePlus, U.S. sales of previously owned homes surged the most on record in July, Deere delivered an earnings beat, and Tesla shares surged past $2,000.
Read MorePlus, initial jobless claims again came in above 1 million, Johnson & Johnson is launching a trial for its coronavirus vaccine candidate with 60,000 people next month, and Airbnb filed to go public.
Read MorePlus, there’s fresh hope on the stimulus front, Target delivered a blowout earnings report, and Johnson & Johnson is buying Momenta Pharmaceuticals.
Read MorePlus, Senate Republicans are planning to introduce a scaled back stimulus bill as the standoff with Democrats over a new virus relief plan continues, Quest Diagnostics sped up its coronavirus testing turnaround time, and three big retailers reported earnings.
Read MorePlus, the FDA granted Yale University’s saliva-based coronavirus test emergency use authorization, Sanofi is buying Principia Biopharma, and Amazon is mulling an investment in Rackspace Technologies.
Read MorePlus, It just got even more unlikely Congress will come to agreement on the next coronavirus relief bill before September, Novavax reached a deal with the U.K. for 60 million doses of its coronavirus vaccine, and Simon Property Group is teaming up with Authentic Brands Group to take over Lucky Brand.
Read MorePlus, Novavax signed a deal with SK Bioscience to manufacture the antigen component of its COVID-19 vaccine candidate, Apple is reportedly preparing bundles of its digital services, and Tapestry shares are down after reporting earnings.
Read More