Today's Top Story
Consumer confidence falls in U.S. swing states ahead of presidential election
WASHINGTON (Reuters) - Consumer confidence dropped sharply in October in three U.S. states considered crucial for Republican President Donald Trump's re-election as fears about the economy's outlook mounted, according to a survey on Tuesday. Read More
Business News
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S&P 500, Dow slip on earnings worries, stimulus uncertainty
NEW YORK (Reuters) - Stocks on Wall Street were little changed on Tuesday, with the Dow and S&P 500 dipping on disappointing earnings and dimmer hopes for a U.S. coronavirus stimulus before Election Day, though the Nasdaq rose ahead of big technology company results.
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Airbnb sets stage for blockbuster market debut, looks at Nasdaq listing
(Reuters) - Home-rental startup Airbnb Inc plans to list its shares on the Nasdaq, setting the stage for one of 2020's most high-profile stock market debuts.
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Exclusive: Chevron to lay off about 25% of Noble Energy employees after merger
(Reuters) - Chevron Corp
will lay off about 25% of Noble Energy's employees who joined the oil major after its $4.1 billion purchase of the smaller rival earlier this month, the company told Reuters on Tuesday. - More Business News»
Economic News
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S&P 500, Dow slip on earnings worries, stimulus uncertainty
NEW YORK (Reuters) - Stocks on Wall Street were little changed on Tuesday, with the Dow and S&P 500 dipping on disappointing earnings and dimmer hopes for a U.S. coronavirus stimulus before Election Day, though the Nasdaq rose ahead of big technology company results.
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Consumer confidence falls in U.S. swing states ahead of presidential election
WASHINGTON (Reuters) - Consumer confidence dropped sharply in October in three U.S. states considered crucial for Republican President Donald Trump's re-election as fears about the economy's outlook mounted, according to a survey on Tuesday.
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The Rust Belt boom that wasn't: Heartland job growth lagged under Trump
(Reuters) - The voters of Monroe County, Michigan, may have expected an economic windfall when they flipped from supporting Democrat Barack Obama to help put Donald Trump in the White House in 2016.
- More Economic News»
Money News
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Consumer companies pitch discounts, bargain products as economic malaise looms
(Reuters) - Unilever, Procter & Gamble and other major consumer goods manufacturers are touting lower-priced brands, smaller packages and discounts to woo penny-pinching shoppers struggling through the most severe global recession since the Great Depression of the 1930s.
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U.S. stock market braces for rocky week ahead of contentious U.S. election
NEW YORK (Reuters) - Wall Street faces a rocky run-up to Election Day, with mounting worries about the outcome in Washington adding to nerves about the coronavirus pandemic and fading chances of stimulus.
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BlackRock downgrades U.S. Treasuries ahead of election
BOSTON (Reuters) - Top asset manager BlackRock Inc
on Monday downgraded U.S. Treasuries and upgraded their inflation-linked peers ahead of the U.S. election. - More Money News»
