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Daily News

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

US stock futures recovering from negative territory early Tuesday

Tue, Jan 26, 2021

U.S. equity futures were recovering from negative territory Tuesday hours before the opening bell after finishing mixed Monday as a deluge of corporate earnings reports were scheduled to arrive this week....

Brian Deese: What to know about Biden's National Economic Council director

Mon, Jan 25, 2021

President Biden named Brian Deese as the director of the National Economic Council, making him the White House’s top economic adviser....

Apollo CEO Leon Black to step down following review of Jeffrey Epstein ties

Mon, Jan 25, 2021

Independent probe finds Black wasn’t involved in disgraced financier’s criminal activities; Marc Rowan to take over top job by July 31...

S&P 500, Nasdaq hit record highs with Apple, Tesla earnings on tap

Mon, Jan 25, 2021

The Nasdaq Composite soared to a record high ahead of a busy week for tech earnings....

Pelosi's husband bets up to $1M Tesla will flourish during Biden's administration

Mon, Jan 25, 2021

House Speaker Nancy Pelosi's husband Paul placed a bet of up to $1 million on the future of Tesla Inc. under the Biden administration, which is expected to provide incentives to purchase more environmentally-friendly electric vehicle....

GameStop naysayers see stock squeeze with losses of $6B

Mon, Jan 25, 2021

GameStop Corp. shares continued to rocket higher Monday as battered and bruised short-sellers who bet against the stock scrambled to exit their losing position....

Stocks trading higher ahead of opening bell as COVID-19 optimism driving US markets

Mon, Jan 25, 2021

U.S. equity futures were trading higher hours ahead of Monday's opening bell as investors were hopeful on two fronts: Coronavirus vaccines would lead to a strong economy down the road and another dose of stimulus would be approved in Congress....

China overtook US as top destination for foreign investment last year

Mon, Jan 25, 2021

China overtook the U.S. as the world’s top destination for new foreign direct investment last year, as the Covid-19 pandemic amplifies an eastward shift in the center of gravity of the global economy....

Oil, gas companies sharply slowed search for new fossil fuel resources last year, report says

Mon, Jan 25, 2021

op oil and gas companies sharply slowed their search for new fossil fuel resources last year, data shows, as lower energy prices due to the coronavirus crisis triggered spending cuts....

Montana governor calls on Biden to rethink Keystone Pipeline decision: ‘It’s a lifeline’

Sun, Jan 24, 2021

Gov. Greg Gianforte, R-Mont., explains why the Keystone XL Pipeline being in operation is crucial for rural Montana and the nation....