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U.S. manufacturing output rose sharply in July, but still below the level of foresight

WASHINGTON (Reuters) – US plant output rose more than expected in July, boosted by a surge in motor vehicle output, although activity remained below its pre-COVID-19 pandemic peak. The Federal Reserve said Friday that output rose 3.4% last month after advancing 7.4% in June. The third direct monthly profit left the factory output about 8% below its level in February. …

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Stock trading slightly lower after weaker-than-expected retail sales growth

Stocks were at a modestly weaker start on Friday, declining lower after weaker-than-expected growth in July. . Market participants were also seeking a round of virtual trade talks between the US and China this weekend against a backdrop of rising tensions between the two countries. What do key indexes do? Dow Jones industrial average DJIA, -0.30% fell 61 points, or …

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Investing $ 4,000 in these 4 best stocks can make you rich

This year has certainly been one for record books, with investors experiencing a downturn in the record stock market and a record recovery, all within a few months. The stock purchases that screamed were available in late March did not last long, and investors who hesitated could feel they had lost the boat. Fortunately, for investors with a keen eye, …

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Retail July 2020:

Consumers spent less than expected in July as a pull in vehicle sales helped cool an economy by struggling to shake off the effects of the coronavirus pandemic. Retail sales rose 1.2% for the month, against the expected 2.3% increase from economists surveyed by Dow Jones. The news was not all confusing: With the exception of vehicles, profit was 1.9%, …

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The companies are weighing the stock dividends, following announcements by Tesla and Apple, the expert says

After Tesla and Apple announced plans to split their shares within a few weeks of each other, there has been a growing movement that more companies with triple and quadruple stock prices will follow in their footsteps. “Everyone talks about it,” Howard Silverblatt, senior index analyst at S&P Dow Jones Index, told MarketWatch in an interview Thursday. “I’m looking for …

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Coronavirus vaccine developer CureVac raises $ 213.3 million in US IPOs

August 14 (Reuters) – CureVac BV said Friday it raised $ 213.3 million in its initial public offering in New York, setting the stage for the first stock market debut of a company developing a potential vaccine to fight the coronavirus. . The German biotechnology firm, backed by Microsoft Corp. founder and billionaire Bill Gates, sold $ 13.33 million worth …

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The court deals with big hits on Amazon

(Newser) Amazon could not be held liable for defective goods sold on its website by third parties, a California appeals court ruled on Thursday, dealing a major blow to the e-commerce giant. The Fourth Circuit Court of Appeals in California ruled that Amazon could be held liable for damage in a case brought by a woman who said she suffered …

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WeWork receives a new $ 1.1B commitment from SoftBank

The main Fox Business Flash titles are here. Check out what clicks on FoxBusiness.com. Owner of joint office provider losing money to WeWork told employees Thursday it has cut money laundering rates by almost half since the end of last year and received a $ 1.1 billion commitment in new funding from the majority owner SoftBank. LEWNDR RECEIVES HOLLYWOOD TREATMENT …

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