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Markets Tank & Oil Skyrockets as U.S. Mulls Ending Russian Crude Imports

A weekend of skyrocketing oil prices prompted by talk of the U.S. cutting off all Russian crude imports pushed markets to their worst performance in over a year to start the week. The Nasdaq is now down more than 20% from its...more

Financial Daily Dose 10.14.2020 | Top Story: WTO Allows EU to Impose $4B in Tariffs Over U.S. Boeing Subsidies

The WTO—already on shaky ground with the White House—did little to endear itself on Tuesday with a decision giving the EU “permission to impose tariffs on $4 billion worth of American products annually in retaliation for...more

Financial Daily Dose 9.29.2020 | Top Story: House Unveils New $2.2T Covid Stimulus Bill

House leaders are out with a new Covid stimulus effort—slimmed down from earlier packages but, at $2.2 trillion, a sizeable proposal that they say “is needed to support American households and businesses still experiencing...more

Financial Daily Dose 8.19.2020 | Top Story: S&P 500 Erases Pandemic Losses Despite U.S. Failure to Control Virus

Unlike much of the world, the U.S. has not turned the corner on the coronavirus outbreak. But you wouldn’t know it by looking at the markets. On Tuesday, the S&P 500 topped out at its highest level ever, “capping a remarkable...more

Financial Daily Dose 5.8.2020 | Top Story: U.S. and China to Resume Trade Talks

Not exactly stop-the-presses stuff at this point in the relationship, but negotiators from the U.S. and China have officially been in touch and agreed to keep talking as they work to implement the bilateral trade deal signed...more

Financial Daily Dose 2.6.2020 | Top Story: Feds Probing Google’s Ad Business Over Antitrust Concerns

More detail is emerging on the DOJ’s ongoing antitrust probe into Google, with recent attention to the company’s online ad tools suggesting the topic has become “a major focus of the investigation,” with special focus on “how...more

Financial Daily Dose 1.22.2020 | Top Story: Boeing Again Delays Return of 737Max to the Skies

Boeing has again pushed back the return of its flawed 737Max model, revealing yesterday that it doesn’t expect regulators to sign-off on their return to the air until at least summer....more

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