The wealth of Tesla chief executive Elon Musk skyrocketed 277 percent from March to October. Meanwhile, almost 62 million Americans lost work between March 21 and September 19.
President Donald Trump regularly polls strongly on the economy, one of the few advantages he has over his rival, Democratic nominee Joe Biden.
Future contracts for the Dow Jones rose 79 points, while the futures for the S&P 500 and tech-heavy Nasdaq Composite edged higher into positive territory.
General Motors and Nikola have been in ongoing talks about a potential partnership deal worth $2 billion.
Asia's largest corporation, founded by the billionaire Jack Ma, took control of a leading hypermarket chain and won approval for the listing of an offshoot in Hong Kong.
China's economy grew 4.9 percent between July and September compared to the same quarter last year, a little slower than expected but signaling a strong recovery.
A company realignment has handed the 14-year veteran and former intern significant control. He will oversee distribution of content globally and house the company's streaming services.
The world's second largest economy saw its trade growth accelerate in September. Exporters reaped the benefits of record demand for masks and medical supplies and received a boost from China's early reopening of its economy.
"[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.
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 are the largest group in the U.S. workforce but have 10 times less money than Baby Boomers control today.
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.
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 tweets came just hours after Federal Reserve chairman Jerome Powell made his strongest call yet for higher spending to shield the economy.
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.
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.
"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 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.
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.
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 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.
Morgan Stanley's Mike Wilson said the market has already factored in a big Democratic victory in the upcoming election.