U.S. Senate Majority Leader Mitch McConnell (R-KY) arrives as Senate Republicans hold their weekly policy lunch on Capitol Hill in Washington, June 16, 2020.Jonathan Ernst | ReutersThe $ 600 boost in weekly unemployment checks ends…
China orders U.S. to close consulate in Chengdu
A Chinese paramilitary policeman stands guard at the entrance to the U.S. consulate in Chengdu, southwest China's Sichuan province on September 17, 2012.Goh Chai Hin | AFP | Getty ImagesChina's Foreign Ministry announced Friday that…
View: Banning apps a band-aid solution, need a…
By Amar PatnaikMinistry of electronics and IT (MeitY)’s June 29 decision to block access to 59 Chinese mobile apps – by invoking the exception clause relating to sovereignty under Section 69 of the IT Act…
Buying ETFs in India could be hazardous except…
By Tamanna InamdarThe Indian ETF market, in the absence of reasonable investors, trades at huge premium or discounts. It is weird, says CEO, Value Research There are hoards of small investors whose first major brush…
Robinhood scraps launch of its investing app in…
The Robinhood investment app is see on a smartphone in this photo illustration on June 24, 2020 in Washington,DC.Jim Watson | AFP | Getty ImagesRobinhood has postponed the launch of its popular stock-trading app in…
Escalating U.S.-China tensions weigh on European stocks
European shares fell on Friday as global sentiment soured after Beijing ordered United States to close its consulate in a Chinese city in retaliation to similar action from Washington. The pan-European STOXX 600 index fell…
‘It is going to be brutal’: What to…
A Surgutneftegas worker near pumpjacks in Surgut Region of the Khanty-Mansi Autonomous Area - Yugra, in the West Siberian petroleum basin.Alexei Andronov | TASS via Getty ImagesOil and gas majors are likely to report "horrendous"…
Intel offers disappointing Q3 earnings guidance as it…
Intel shares fell as much as 9% on Thursday after the company reported better-than-expected second-quarter earnings and said next-generation chips would come out later than it had expected. Here's how the company did:Earnings: $ 1.23 per…
CityWatch: New York sees increase in virus infections…
More 20-something New Yorkers are testing positive for COVID-19, Gov. Andrew Cuomo said in a news conference Thursday. In the last two weeks, the infection rate has risen 4 points for people between 21 and…