Financial markets

French President Emmanuel Macron, center, visits the devastated site of the explosion at the port of Beirut, Lebanon, Thursday Aug.6, 2020. French President Emmanuel Macron has arrived in Beirut to offer French support to Lebanon after the deadly port blast. (AP Photo/Thibault Camus, Pool)
August 06, 2020 - 6:47 pm
BEIRUT (AP) — Residents of Beirut vented their fury at Lebanon’s leaders Thursday during a visit by French President Emmanuel Macron, blaming them for the deadly explosion that ravaged the capital. Shouting “Revolution!” they crowded around the visiting leader who promised to press the politicians...
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FILE - A woman wearing a mask walks her dog past the New York Stock Exchange, Tuesday, June 30, 2020. Stocks are drifting in early trading on Wall Street Thursday, Aug. 6, after a report suggested that the number of layoffs across the country is slowing, though it remains incredibly high. (AP Photo/Mark Lennihan)
August 06, 2020 - 2:07 pm
NEW YORK (AP) — Stocks are perking higher on Wall Street Thursday after a report showed the pace of layoffs across the country is slowing, though it remains incredibly high. The S&P 500 was up 0.6% in afternoon trading after spending much of the day waffling between smaller gains and losses. It...
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August 06, 2020 - 7:50 am
LONDON (AP) — Turkey’s currency dropped to an all-time low against the dollar on Thursday as the global recession created by the pandemic brings to the fore weaknesses in the country's economy. The Turkish lira fell to 7.2775 against the dollar before recovering slightly to around 7.24, compared...
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FILE - In this Wednesday, March 11, 2020 file photo, pedestrians wearing face masks pass the Bank of England in London. The Bank of England left its benchmark interest rate at a record low of 0.1% on Thursday Aug. 6, 2020, as it expressed caution about how rapidly the United Kingdom's economy will recover from the COVID-19 pandemic. (AP Photo/Matt Dunham, File)
August 06, 2020 - 5:43 am
LONDON (AP) — The Bank of England predicted Thursday that the economic downturn in the U.K. economy might be less severe than it thought at the start of the COVID-19 pandemic - even as it warned it would take a longer time to heal the scars. The central bank opened the door to providing more...
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House Majority Whip Rep. James Clyburn, D-S.C., stands during a House Select Subcommittee hearing on the Coronavirus, Friday, July 31, 2020 on Capitol Hill in Washington. (Erin Scott/Pool via AP)
August 05, 2020 - 9:42 pm
Rep. James Clyburn said Wednesday the COVID-19 crisis is “much, much worse” than the 2008 Great Recession because the U.S. is without a national strategy to contain the coronavirus. “Our entire economy is at stake,” Clyburn told The Associated Press in a Newsmakers interview. The third-ranking...
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This photo shows a general view of the scene of an explosion that hit the seaport of Beirut, Lebanon, Wednesday, Aug. 5, 2020. The massive explosion rocked Beirut on Tuesday, flattening much of the city's port, damaging buildings across the capital and sending a giant mushroom cloud into the sky. (AP Photo/Bilal Hussein)
The Associated Press
August 05, 2020 - 5:58 pm
BEIRUT (AP) — Investigators probing the deadly blast that ripped across Beirut focused Wednesday on possible negligence in the storage of tons of a highly explosive fertilizer in a waterfront warehouse, while the government ordered the house arrest of several port officials. International aid...
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This photo provided by Samsung shows the Galaxy Note20 Ultra, from Samsung. Samsung aims to lift sinking smartphone sales with two new models that will test consumers' willingness to buy high-priced gadgets during the worst economic downturn since the Great Depression. The company's latest Galaxy phones, unveiled Wednesday, Aug. 5, 2020, during an online showcase, will cost $1,000 to $1,300. (Samsung via AP)
August 05, 2020 - 1:44 pm
Samsung aims to lift its sinking smartphone sales with three new models that will test consumer willingness to buy high-priced gadgets during the worst economic downturn since the Great Depression. The latest Galaxy phones, unveiled Wednesday during an online showcase, will cost $1,000 to $1,300...
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Cloud computing company Rackspace begins trading at the Nasdaq following its initial public offering, Wednesday, Aug. 5, 2020, in New York's Times Square. (AP Photo/Mark Lennihan)
August 05, 2020 - 10:43 am
NEW YORK (AP) — Stocks are rising again on Wall Street Wednesday, and the S&P 500 is ticking closer to its record high as it tries for a fourth straight gain. The S&P 500 was 0.7% higher in midday trading, following up on gains in European markets and across much of Asia. It’s back within 2...
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A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, Aug. 5, 2020. Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. (AP Photo/Vincent Yu)
August 04, 2020 - 10:42 pm
BEIJING (AP) — Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney declined. Investors are watching the stalemate among U.S. legislators over employment...
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FILE - In this Tuesday, July 7, 2020 file photo, pedestrians wearing protective masks during the coronavirus pandemic pass by the New York Stock Exchange in New York. Wall Street is starting August with more gains, and U.S. stocks are climbing in early Monday, Aug. 3, 2020 trading following encouraging reports from around the world on the economy. (AP Photo/Frank Franklin II, File)
August 03, 2020 - 1:57 pm
NEW YORK (AP) — Wall Street is starting August with more gains, and stocks are climbing Monday following encouraging reports from around the world on the economy. The S&P 500 tacked 0.9% more onto its four-month winning streak, with Big Tech once again leading the way. The rally helped the...
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