Stock futures rise slightly after a losing day

Stock futures rose slightly in overnight trading on Monday after worries about slowing growth sparked a sell-off on Wall Street. Futures on the Dow Jones Industrial Average gained 50 points. S&P 500 futures and Nasdaq 100 futures both edged up 0.1%. The spread of the delta coronavirus variant continued to keep investors on edge. The seven-day average of daily coronavirus […]

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Square to buy majority stake in Jay-Z's Tidal

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)Want to buy a new coat without shelling out the entire cost upfront? For shoppers, that’s becoming an increasingly popular payment option — generating a windfall for the handful of companies that facilitate such services. […]

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German retail sales jump, consumers shop less online

BERLIN (Reuters) -German retail sales increased much more than expected in June following an easing of COVID-19 restrictions, supporting hopes for a consumer-driven recovery in Europe’s largest economy over the summer months.FILE PHOTO: Christmas shoppers wear mask and fill Cologne’s main shopping street Hohe Strasse (High Street) during the spread of the coronavirus (COVID-19) pandemic in Cologne, Germany, 12, December, […]

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Foot Locker to buy two shoe store chains for $1.1 billion

FILE PHOTO: People queue during Black Friday sales in front of a Foot Locker shoe store, as the spread of the coronavirus disease (COVID-19) continues, in Zurich, Switzerland November 27, 2020. REUTERS/Arnd Wiegmann(Reuters) -Foot Locker Inc will buy two smaller shoe store chains for a total of about $1.1 billion in cash, the footwear retailer said on Monday. The company […]

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German retail sales jump in July, consumers shop less online

FILE PHOTO: Christmas shoppers wear mask and fill Cologne’s main shopping street Hohe Strasse (High Street) during the spread of the coronavirus (COVID-19) pandemic in Cologne, Germany, 12, December, 2020. REUTERS/Wolfgang RattayBERLIN (Reuters) -German retail sales increased much more than expected in June following an easing of COVID-19 restrictions, supporting hopes for a consumer-driven recovery in Europe’s largest economy. The […]

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Dollar resumes downtrend after worst week since May

LONDON (Reuters) – The dollar lurched lower on Monday, back towards the one-month lows hit last week when it became clear the Fed was in no hurry to tighten policy and policymakers broadly shared Chairman Jerome Powell’s view that rate rises were “a ways away”.FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, […]

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Ethereum, Bitcoin down in early trading

Fox Business Flash top headlines for July 30 Check out what’s clicking on FoxBusiness.com. Ethereum and Bitcoin were both trading lower Monday morning with the losses of 0.14% and nearly 5%, respectively. Ethereum was trading at $2,586 per token. Bitcoin was trading at $39,685 per coin, according to Coindesk. The latest version of the U.S. Senate’s bipartisan infrastructure bill narrows […]

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