BUSINESS
Fox Business Panel Agrees Senate Gridlock Great for Stocks: 'Nothing Gets Done'
"[If] Republicans continue to hold the senate, that will give us gridlock and I'm always a great fan of gridlock because nothing really gets done," Gartman told the Fox Business Network host.
Google, Facebook and Amazon Could Be Forced to Pay Billions More in Tax Under These Proposals
New measures could see tech giants paying corporate taxes on profits where they operate and they will be unable to shift them to tax havens.
Millennials Control Just 4.2 Percent of US Wealth, 4 Times Poorer Than Baby Boomers Were At Age 34
Millennials are the largest group in the U.S. workforce but have 10 times less money than Baby Boomers control today.
How to Achieve More By Doing Less
The pandemic is forcing almost everyone to juggle more responsibilities than they used to—and causing a lot of stress in the process. In this excerpt from 'Better,' Newsweek's LinkedIn Live series, experts Dorie Clark and Tiffany Dufu explain how dropping a few balls can actually help your career.
Healthcare Billionaires Got Nearly $150B Richer Due to COVID Pandemic
The near-$150 billion premium came as demands for key vaccines and medications increased, and health services across the world were left feeling the strain.
Trump's Stimulus Tweets Crash Markets as Central Bank Frets on Future of the Economy
Trump's tweets came just hours after Federal Reserve chairman Jerome Powell made his strongest call yet for higher spending to shield the economy.
John McAfee Net Worth: Arrested Software Magnate Has Made Millions Off Cryptocurrencies
The DOJ announced the charges on Monday, while the Securities and Exchange Commission (SEC) filed parallel civil charges against the businessman, after he allegedly failed to declare earnings that amounted to millions of dollars.
Majority Feel Donald Trump's Business Interests Affected Choices as President: Poll
Morning Consult found that 80 percent of voters believe Trump's business interests and positions have had at least some impact on his decision-making as president.
Will COVID Kill the Movie Theater? 'All Bets Are Off' For Future of Film Industry
"We're facing a titanic level of disruption to the live cinema marketplace that in some ways goes beyond COVID, but COVID is the current inciting incident," Eric Schiffer, chairman and CEO of private equity firm The Patriarch Organization told Newsweek.
Regeneron Offers Biden Same Experimental Cocktail as Taken by Trump at Walter Reed
Regeneron Pharmaceuticals, the creator of the antibody cocktail given to President Trump as part of his COVID-19 treatment, says the company also reached out to former Vice President Joe Biden to offer him the treatment as well.
Trump's Unemployment Rate Almost the Same as Obama's At This Stage of Re-election Campaign
In September 2012 the unemployment rate under former President Barack Obama was 7.8 percent. At its worst point in Obama's first term in October 2009, unemployment hit 10 percent.
V-Shaped or K-Shaped Recovery? What Experts Are Saying About U.S. Economy
A V-shaped recovery is when key economic indicators bounce back comprehensively and quickly. A K-shaped economy is when different strata of society recover at different rates.
Only One Fortune 100 CEO Has Donated to Donald Trump's Campaign
Only Energy Transfer CEO Kelcy Warren has donated to the Trump campaign in the last two months, having given £10 million to a pro-Trump super-PAC on top of other generous donations at the end of August, according to data released on Sunday.
The Market Would Be Surprised if It's 'Not a Blue Sweep' in November, Says Morgan Stanley CIO
Morgan Stanley's Mike Wilson said the market has already factored in a big Democratic victory in the upcoming election.
Trump Jr. Says Americans 'Don't Understand' Taxes, Tells NYT to Investigate Hunter Biden
The president's son said average Americans "don't understand" how taxes work when you run a business, following a New York Times report on his father paying little or no federal income tax for years.
New Unemployment Claims Rise in Midwest States, 26 Million Americans Collecting Benefits
First-time unemployment claims increased the most last week in the states of Indiana, Kansas, Illinois and Michigan, with some economists saying the U.S. economy is "running on empty."
As Election Looms, Poll Finds Fewer Americans Think Economy in Poor Shape
The research found that since April, the proportion of people who describe the economy as "bad" has reduced by 11 percentage points.
Economists Say Joe Biden's Tax Plans Don't Add Up
A leading tax think tank totted up the numbers in March, and estimated that Biden would increase taxes overall by between $3 trillion and $5 trillion over the next decade if he were to get into power.
Judge Rules Pennsylvania's 'New Normal' Pandemic Restrictions Are Unconstitutional, Sides With Small Businesses
A federal judge on Monday ruled Pennsylvania Governor Tom Wolf's executive actions to close or restrict non–life sustaining businesses during the coronavirus pandemic are unconstitutional.
TikTok Chooses Oracle, a Rare Trump Ally in Silicon Valley, to Sell U.S. Assets
Oracle's winning bid is just part of the company's inner workings closely related with the White House to win contracts worth billions of dollars.
Rochester Restaurant Offered BLM Protesters Water, Regrouping Space Hours Before Being Vandalized
On social media the owners of Swan Dive invited the demonstrators in for refreshments, shortly before the eatery was vandalized and its patrons harassed.
Are Starbucks, Dunkin' Donuts Open on Labor Day? Check Coffee Shop Hours Here
Several coffee shops are open on Labor Day but may be operating on reduced hours.