Chinese state media slams the U.S. for giving Microsoft the go-ahead to buy popular social video app TikTok. Here are 5 things to know before the stock market opens:
House Speaker Nancy Pelosi said Democrats and Republicans had a "" meeting over the next coronavirus stimulus package but added that both sides still had their "differences." Lawmakers reached an impasse recently over a supplemental unemployment benefit that expired last week. Democrats want to continue the benefits at $600 per week. Republicans want to extend that benefit, but at a lower rate.
Signage for ByteDance Ltd.'s TikTok app is displayed on a smartphone in an arranged photograph taken in Brooklyn, New York, June 30, 2020.4. Trump says another nationwide shutdown would 'inflict more harm than it would prevent' . "A permanent lockdown is not a viable path forward producing the result that you want or certainly not a viable path forward and would ultimately inflict more harm than it would prevent," Trump said. Earlier this year, measures were implemented aimed at curbing the coronavirus outbreak that essentially shut down the country. States have been gradually reopening their economies, but certain parts of the U.S. have seen a resurgence in coronavirus cases. Overall, more than 4.
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The hidden way Wall Street funds police misconductWith the topic of police reform front and center, the little-known role of the municipal bond markets has largely flown under the radar. CNBC's Leslie Picker reports.
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Wall Street not so sure about the resiliency of Detroit automakers during the pandemicThe Detroit automakers didn't receive the initial reaction many thought they would after significantly beating earnings expectations for the second quarter.
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What to watch today: Dow to rise as Wall Street monitors D.C. coronavirus relief talksStock futures were higher as Congress negotiates the next relief package and Eli Lilly announces late-stage trial for Covid-19 drug.
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'Our Pain is Not An Asset': Inside the Breakdown of the Wall of MomsLast Wednesday, Portland’s leading anti-police violence and Black-led organization Don’t Shoot Portland posted a message on their Instagram account, documenting a break with the Wall of Moms, a loose grouping of largely white women that had formed in response to the Trump administration’s sending of federal law enforcement agents to the city and the violence directed against Black Lives Matter protesters. The Wall of Moms had begun as an effort to use their bodies as a physical barrier between protesters and federal agents, using their status as so-called “Target moms” to both protect protesters and proclaim that white mothers believed that Black lives matter. After the first night, they kept going and growing, transforming from a one-off Facebook event into something that could be called an organization. In the two weeks since they first linked arms and sang lullabies at protests, the moms in yellow t-shirts and gas masks had gained so much attention, most of it glowing, that they had inspired similar groups to organize in other cities.
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The day-trading boom is a 'welcome phenomenon,' and has actually helped to reduce market volatility, a veteran Wall Street trader says | Markets InsiderA veteran Wall Street investor says the rise in day trading is a 'welcome phenomenon' and has helped decrease market volatility, Bloomberg repor...
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‘The Moms Are Here’: ‘Wall of Moms’ Groups Mobilize NationwideThe movement that started with a few dozen moms in Portland now has offshoots in cities across the country.
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