U.S. stocks are rising after their greatest decline in months, Congress is voting on a “skinny” version of a stimulus bill, and LVMH’s agreement to buy Tiffany’s at $16 billion is falling apart.
U.S. consumer spending is slowing, Prime Minister Abe resigning, market vol increasing, mega corps like Coca Cola shedding thousands of jobs, and the Paycheck Protection Program riddled with fraud
TikTok sues the U.S. government, President Trump announced expanded access to convalescent plasma as a COVID-19 treatment, and what’s contributing to the soaring lumber futures prices.
Here are today’s biggest headlines, including updates on the Fed’s extension of its lending programs, Kodak’s $765M loan, and Boaz Weinstein’s really, really, really good year.
Whether remote work will continue to be favored, CDC issues a statement on reopening schools, and Trump cancelling the Republican convention in Florida.