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Here’s why U.S. struggles with the coronavirus could lead to Europe’s stock market taking the lead

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Ex-Obama economic adviser offers this fiscal stimulus plan that’s ‘incredibly high bang for the buck’

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French Prime Minister resigns ahead of Macron’s cabinet reshuffle

China's June Caixin services PMI hits 10-year high

BEIJING--A private gauge of China's service-sector activity surged to the highest level in more than a decade in June, as the easing of virus-contr...

Gilead granted conditional approval for Covid-19 treatment remdesivir in Europe

Gilead Sciences, Inc. undefined on Friday said the European Commission has granted conditional marketing ization for remdesivir, also known a...

FedEx calls on Washington Redskins to change name

FedEx Corp. undefined , which pays for naming rights to the Washington Redskins' stadium in Maryland, has asked the team to change its controversia...

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Washington Redskins name may be consigned to history as NFL team opens ‘thorough review’

Dan Snyder had shown no willingness to change the name since buying the team in 1999, the recent national conversation on race has renewed opposition to the name and prompted sponsors to speak up.

by Associated Press
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‘Let the music play’: Eric Clapton, Iron Maiden and Ed Sheeran and 1,500 leading musicians tell U.K. government

Ed Sheehan, Iron Maiden and Eric Clapton are among 1,500 U.K. musicians urging the government to support the live music industry.

by Archie Mitchell
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James Carville says there’s a ‘significant chance’ Trump drops out of the presidential race

The Democratic strategist predicts Republican Senators like Mitch McConnell and Lindsey Graham will turn on Trump after Labor Day

by Nicole Lyn Pesce
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An instant chat app promising criminals ‘worry free secure communication’ was hacked by police — here’s how 746 gangsters were arrested.

Police hacked into a WhatsApp-style chat for gangsters and spied on drug dealers, weapons traffickers, and crime lords plotting to execute rivals.

by Rupert Steiner
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Fauci says Americans must do 3 things to win the battle against COVID-19

‘Now we’re seeing the consequence of community spread,’ said Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases.

by Quentin Fottrell
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Is the stock market closed today? For 4th of July, here’s everything investors need to know about trading hours and closures

Independence Day falls on Saturday this year, meaning that U.S. financial markets will be closed on Friday.

by Mark DeCambre

Fauci says coronavirus may be mutating to become more infectious

Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said in an interview with the Journal of American Medicine on Thursday that the virus may be mutating to become more transmissible, ...

by Barbara Kollmeyer
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European stocks lifted by data, but U.S. holiday keeps a lid on action

European stocks were set to break a four-session win streak on Friday, with upbeat economic data overshadowed by persistent worries about rising virus cases in the U.S. That is as a holiday Stateside was set to keep a lid ...

by Barbara Kollmeyer

European Stocks Fall as U.S. Takes a Holiday Amid Climbing Covid-19 Cases

European stocks were set to break a four-session win streak on Friday, with upbeat economic data overshadowed by persistent worries about rising virus cases in the U.S.

French, Spanish services sectors return to growth

The services sectors in France and Spain returned to growth in June, while those of Germany and Italy saw much smaller declines in activity than in recent months, according to surveys of purchasing managers published Friday.

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London stocks struggle while U.S. markets are closed for July 4 holiday

London stocks fell on Friday, with the index set to underperform its European rivals for the week, as weak oil prices weighed on major energy names, and alongside concerns that next week’s summer statement from the U.K. Ch...

by Barbara Kollmeyer

U.K. Property Group Landsec Is Reviving Its Dividend. The Stock Is Rising.

Landsec said rent collections were up significantly after lockdown restrictions on retailers eased while like-for-like sales were 80% of the same period last year.

by Barron's
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Landslide at Myanmar Jade Mine Kills More Than 160 People

More than 160 people have been found dead after heavy rains triggered a landslide at a Myanmar jade mine. WSJ’s Feliz Solomon reports on a lucrative industry that has long faced human-rights concerns. Photo: Myanmar Fire S...

by WSJ Video
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Covid-19 Is a Stress Test for China's Economy. Why It Keeps Passing.

“The poison in China’s economy is also the remedy,” says Tom Orlik, of a new book about China’s debt-soaked system.

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Nasdaq CEO Says Tighter Rules for Foreign Companies Is Needed

Adena Friedman, CEO of Nasdaq, says the exchange is asking itself if investors are able to “make an accurate and complete assessment” of foreign companies looking to list.

by Barron's
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Weekend reads: How to be safe, with or without a face mask

Also, the extra $600 a week, retirement destinations and how to invest for the long term.

by Philip van Doorn
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Macron appoints unknown technocrat PM to prepare for 2022 re-election bid

Emmanuel Macron on Friday appointed as France’s new prime minister an unknown technocrat whose only political experience has been as mayor of a small southern French city, in a bid to centralize power more closely two year...

by Pierre Briançon
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Goldman Sachs has done the math and a national mask mandate to halt the spread of coronavirus would have a big impact on the U.S. economy

Wearing a mask has become a uniquely hot-button issue in the U.S., which finds itself in the throes of viral pandemic that appears to be drifting out of control by the day.

by Mark DeCambre

Delivery Hero Stock Hits Record High as Orders Keep Surging Despite Lockdown Easing

Delivery Hero stock climbed to record highs on Friday, as the German online takeout food company said orders had almost doubled amid the coronavirus pandemic.

by Barron's
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Growth’s Edge Over Value May Finally Be Nearing Its End

Applying fundamental analysis exclusively might lead investors to position for mean reversion too early. That is where technical analysis can help.

by Barron's

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Iran Looking at Possible Sabotage in Recent Blasts

A government official said the U.S. or possibly an “anti-revolutionary” group was behind the incidents, one of which occurred Thursday at Iran’s main nuclear facility.

by Aresu Eqbali
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Khashoggi Murder Trial of 20 Saudis Begins in Turkish Court

A Turkish court has opened the trial in absentia of 20 Saudi nationals, including two with ties to the Saudi crown prince Mohammed bin Salman, over the murder of dissident journalist Jamal Khashoggi.

by David Gauthier-Villars
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French Prime Minister Resigns, Triggering Shuffle of Macron's Government

The government of President Emmanuel Macron was upended following the resignation of his prime minister, Édouard Philippe, who spearheaded the president’s pro-business agenda and garnered significant popularity for his han...

by Noemie Bisserbe
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European Stocks Drift Lower With U.S. Markets Shut

European stocks fell, with trading volumes down as American markets were shut for the Independence Day holiday and investors took stock of a surge in coronavirus infections in the U.S.

by Avantika Chilkoti
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Washington’s NFL Team to Undertake ‘Thorough Review’ of Redskins Name

The team will likely be renamed before the 2020 season, say two people familiar with the matter, amid mounting pressure from sponsors and fans. The moniker is commonly seen as a racial slur.

by Andrew Beaton
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Flag-Bearing Motorcyclist Charged With Terrorism and Secession in Hong Kong

The man, who police allege drove into officers, injuring three, was the first person to be publicly charged under China’s new security law.

by Dan Strumpf
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New Ways to Use ‘529’ Plans This School Year

The Secure Act extends the use of a 529 college-savings plan to cover apprenticeships. It also provides more options for using leftover funds.

by Leonard Sloane
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Facebook, Twitter, Google Face Free-Speech Test in Hong Kong

U.S. tech titans face a looming test of their free-speech credentials in Hong Kong as China’s new national-security law for the city demands local ities take measures to supervise and regulate its uncensored internet.

by Newley Purnell
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What Makes Bars and Restaurants Potential Covid-19 Hot Spots

These spaces pose particular challenges for transmission control because of both human behavior and the way the coronavirus spreads most efficiently—indoors through close, prolonged contact without protection.

by Sarah Toy
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‘The Old Guard’ Review: Teaming Up Down the Centuries

Charlize Theron plays an immortal warrior in Gina Prince-Bythewood’s summer-blockbuster-flavored Netflix film.

by Joe Morgenstern
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U.S. Coronavirus Cases Hit New Single-Day High Ahead of July Fourth Weekend

New coronavirus cases in the U.S. rose to more than 52,000 as the nation entered a Fourth of July weekend marked by restrictions on many activities and warnings to maintain social-distancing practices.

by Chong Koh Ping
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China Appoints Protest and Propaganda Enforcer to Tame Hong Kong

Beijing moved quickly to install a new national-security enforcer in Hong Kong, bringing in a propaganda official with experience battling both protests and media to help corral the fractious city.

by Chun Han Wong
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Will Americans Get a Second Stimulus Check Due to Covid-19?

As lawmakers and President Trump pursue possible new checks for households, here’s where things stand.

by Andrew Duehren
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Copper Slips, Halting Sharp Rebound

Copper prices fell, signaling a pause in the industrial metal’s surge, on mounting concerns that the rally may have been overdone.

by Anna Isaac
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Eula Bingham, Who Repaired U.S. Safety Agency’s Reputation, Dies

As head of the Occupational Safety and Health Administration in the late 1970s under President Carter, Eula Bingham fixed an agency whose nitpicking rules had made it the butt of jokes, and campaigned for workers’ rights.

by James R. Hagerty
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Your Summer Escape Hits a Detour: Quarantine Chaos

Domestic road trips were supposed to be the ticket for a safe, relaxing summer vacation, but states’ confusing rules on self-isolation and coronavirus testing are increasing stress.

by Nancy Keates
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Airlines’ Latest Woe: Diverging Coronavirus Rates Across the Atlantic

Not being able to fly to Europe may be disappointing for American vacationers. It is much worse for airlines.

by Jon Sindreu
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Charlie Kaufman Says Old Hollywood, Not Netflix, Killed Movies

The Oscar-winning screenwriter has a debut novel, ‘Antkind,’ and a coming Netflix movie: “It’s infuriating to me when people say Netflix is ruining movies because—no, movies ruined movies, studios ruined movies, and that’s...

by Caryn James
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Covid-19’s Impact Won’t End With a Vaccine

The effects of the coronavirus crisis are likely to be felt on the economy for years to come. For the health-care industry that isn’t entirely bad news.

by Charley Grant
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Banks Are Still Expected to Monitor Hemp Growers’ Transactions, FinCEN Says

Financial institutions still need to conduct due diligence and monitor transactions for hemp-related businesses, the U.S. Treasury Department’s financial crime unit said, expanding on previous guidance about the industry.

by Mengqi Sun