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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Daimler's designated chairman Zetsche renounces job

Sat, Sep 26, 2020

Zetsche says Daimler’s top investors would have backed him to succeed Manfred Bischoff but that there may have been opposition from other shareholders....

Cheap dollar won’t revive NYC real estate market anytime soon

Sat, Sep 26, 2020

A weaker U.S. dollar likely won’t give Manhattan real estate its usual boost after the New York borough emerges from its COVID-19 lockdowns. ...

China opens auto show under anti-disease controls

Sat, Sep 26, 2020

Ford, Nissan and BMW unveiled electric models with more range for China on Saturday as the Beijing auto show opened under anti-virus controls that included holding news conferences by international video link....

Trump's $200 prescription cards won't hit mailboxes just yet

Sat, Sep 26, 2020

Government officials said Friday that key details of Trump's election-year giveaway still have to be fleshed out...

Boeing's 737 Max jet to be piloted by FAA Administrator Dickson next week 

Fri, Sep 25, 2020

Boeing is hosting top FAA officials in Seattle next week to evaluate the 737 Max Jet....

Boeing helps lift Dow 358 points as tech shares drive S&P, Nasdaq

Fri, Sep 25, 2020

U.S. stocks staged a late day comeback but the Dow and S&P still posted weekly losses....

Trump-Biden delayed election outcome worries overblown: Goldman Sachs

Fri, Sep 25, 2020

Markets are overestimating the possibility the 2020 election result will be delayed, according to Goldman Sachs Group....

Trump election tweets to stir up volatility: JPMorgan

Fri, Sep 25, 2020

President Trump’s tweets on the upcoming election will inject volatility into the U.S. Treasury market, according to analysts at JPMorgan Chase & Co....

New York stays ahead of London in top financial centers survey

Fri, Sep 25, 2020

Shanghai overtook Tokyo to take third place, with Hong Kong and Singapore in fifth and sixth places...

Stock futures trade lower ahead of final session of the week

Fri, Sep 25, 2020

Investors will examine fresh numbers on durable goods on Friday...