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Business Blog

Here's what happened to the stock market on Friday

Stocks were taken for a ride after Apple said it would reclose some of its stores, citing the recent coronavirus spikes in certain states.
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White House insists coronavirus 'still a priority' as Trump prepares for rally that could spread it

The White House insisted that Covid-19 is "still a priority" for the administration, even as President Donald Trump prepares for a rally in Tulsa, Oklahoma, that could spread the disease.
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Investors should buy 'moments of doubt' in coronavirus recovery, Morgan Stanley's Wilson says

Morgan Stanley's chief U.S. equity strategist discussed recent flare ups of the coronavirus on "The Exchange."
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Amazon workers in Chicago angered by 'tokenized' Juneteenth celebration offering chicken and waffles

Chicago Amazon workers said the company should have made Juneteenth a company holiday.
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The stock market is running out of steam with reopening trades fading and economic data 'uneven'

Analysts said investors should expect more volatility because the economic recovery is likely to be "uneven" and shaped like "rolling Ws."
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Cruise lines voluntarily suspend all trips out of U.S. ports until Sept. 15, trade group says

Carnival Cruise Line, which is owned by the world's largest cruise company, Carnival Corp., had previously announced plans to resume some U.S. operations on Aug. 1.
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