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The Blank-Check Boom Poses Pitfalls for Investors

WSJ GlossarySeptember 30, 2020Sept. 30, 2020 10:00 amPrivate companies are flooding to Special Interest Acquisition Companies, or SPACs, to bypass the traditional IPO process and gain a public listing. WSJ explains why some critics say investing in these so-called blank-check companies isn’t worth the risk. Illustration: Zoë Soriano/WSJWSJ GlossaryMarkets and economics are complex. It's easy…

‘Will You Just Shut Up, Man?’ Trump and Biden’s Chaotic Debate

Now Playing 9/30/2020 5:33AM      President Trump and Democratic presidential nominee Joe Biden faced off in Cleveland with name-calling and repeated interruptions, leaving little room for policy discussions. WSJ’s Gerald F. Seib unpacks the first presidential debate. Photos: Pool/Getty Images; Morry Gash/Bloomberg News Up Next Editor Picks Shelf 3:30 How Tourism Drove Europe’s Second Wave of…

‘Would You Shut Up, Man?’ Trump and Biden’s Chaotic Debate

Now Playing 9/30/2020 5:33AM      President Trump and Democratic presidential nominee Joe Biden faced off in Cleveland with name-calling and repeated interruptions, leaving little room for policy discussions. WSJ’s Gerald F. Seib unpacks the first presidential debate. Photos: Pool/Getty Images; Morry Gash/Bloomberg News Up Next Editor Picks Shelf 3:30 How Tourism Drove Europe’s Second Wave of…

U.S. Stocks Slip Ahead of First Trump-Biden Debate – The Wall Street Journal

U.S. stocks pulled back Tuesday after two sessions of solid gains as investors looked ahead to the first debate between President Trump and former Vice President Joe Biden. Fears of a coronavirus resurgence in the U.S. also weighed on sentiment. The daily rate of people testing positive for Covid-19 hit 3.25% in New York City, the…

3 Reasons These Train Wreck Debates Won’t Derail An S&P 500 Rally

Money managers and strategists believe the S&P 500 could rally again before the year’s end, despite the election risk.Historical market cycles show that election debates typically do not cause massive volatility spikes in the stock market.The increasing probability of a stimulus package and the potential overpricing of a contested election makes a rally likely.Some fund managers and strategists believe...

Seven Airlines Close Billions of Dollars in Loans With Treasury – The Wall Street Journal

The U.S. Treasury said it has closed loans to seven passenger airlines and joined with the industry to call on Congress to extend more aid to prevent massive job cuts later this week. Airlines continue to grapple with a sharp drop-off in travel because of the coronavirus pandemic and accompanying restrictions. The loans were one…

Covid-19 Cases Jump in Canada, Prompting New Restrictions – The Wall Street Journal

OTTAWA—Canada is seeing a sharp rise in cases of Covid-19, alarming health officials and triggering a second round of lockdowns and strict distancing recommendations. Average daily case counts have nearly reached the peak levels set in April, according to the country’s chief public-health officer. Confirmed cases for the past seven days—9,636 ended Sept. 28—rose 29%…

Seven airlines close billions of dollars in loans with Treasury

The U.S. Treasury said it has closed loans to seven passenger airlines and joined with the industry to call on Congress to extend more aid to prevent massive job cuts later this week. Airlines continue to grapple with a sharp drop-off in travel because of the coronavirus pandemic and accompanying restrictions. The loans were one…

Biden, Trump on Mail-In Voting and Confidence in a Fair Election

Now Playing 9/30/2020 12:29AM      In the first presidential debate, President Trump continued to attack mail-in ballots as ripe for fraud, while Democratic nominee Joe Biden accused the president of being “afraid of counting the votes.” Photo: Scott Olson/Getty Images Up Next Editor Picks Shelf 3:30 How Tourism Drove Europe’s Second Wave of Covid-19 9/29/2020 7:16AM…

Who Is Dying From Covid-19? Why? – The Wall Street Journal

As the global death toll from the Covid-19 pandemic exceeds one million, the U.S. has passed its own milestone: 200,000 deaths caused by the new coronavirus. From the first known fatality in early February to the latest death count nearly eight months later, scientists and public-health authorities have been piecing together evidence about who the…
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