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NEW YORK (Reuters Breakingviews) - With all the economic damage China wrought by covering up Covid-19’s spread, why should Uncle Sam pay back the $1.1 trillion it owes the People’s Republic? To do otherwise would cause market chaos, potentially trash the dollar’s s

(RTTNews) - Summit Midstream Partners LP (SMLP) said that it reached a definitive agreement with Energy Capital Partners II LLC or "ECP" to acquire Summit Midstream Partners LLC or "Summit Investments", the privately held company that indirectly owns SMLP's general partner, Summ

(RTTNews) - Indian shares look set to open sharply lower on Monday, with weak global cues and economic uncertainty caused by the coronavirus pandemic likely to weigh on sentiment as India enters the third phase of nationwide lockdown today with several relaxations in areas based

(RTTNews) - Ahead of the long Labor Day weekend, the Hong Kong stock market had finished higher in three straight sessions, advancing more than 810 points or 3.5 percent in that span. The Hang Seng Index now sits just above the 24,640-point plateau although it may run out of ste

Government restrictions on movement, aimed at protecting public health during the coronavirus pandemic, have significantly affected demand for transportation fuels. Global consumption of crude oil has fallen by roughly 30% from pre-pandemic levels. Combine that with an oil price

(RTTNews) - Ahead of the Labor Day holiday weekend, the Taiwan stock market had climbed higher in four straight sessions, climbing more than 630 points or 6 percent along the way. The Taiwan Stock Exchange now sits just above the 10,990-point plateau although it's due for consol

(RTTNews) - Ahead of the Labor Day holiday weekend, the Singapore stock market had finished higher in four straight sessions, advancing almost 100 points or 4 percent in that span. The Straits Times Index now rests just beneath the 2,625-point plateau although the rally may stal

(RTTNews) - Ahead of the long Labor Day weekend, the South Korea stock market had moved higher in three straight sessions, advancing almost 60 points or 3.1 percent in that span. The KOSPI now rests just beneath the 1,950-point plateau although it may spin its wheels on Monday.

As more restaurants update their business operations and report earnings, it is increasingly clear that had they not previously established takeout and delivery operations before the onslaught of the COVID-19 pandemic, many chains might not have survived. 

What happened Shares of Discover Financial Services (NYSE: DFS) rose 20.5% in the month of April, according to data from S&P Global Market Intelligence. Discover is one of only a few card networks that collects discount revenue from merchants, but its primary business is in

What happened Shares of Livongo Health (NASDAQ: LVGO), a digital healthcare company, soared 40.2% in April, according to data from S&P Global Market Intelligence. The company hasn't reported official first quarter earnings yet, but preliminary figures released last month en

(RTTNews) - Chipmaker Intel Corp. (INTC) is in advanced talks to buy Israeli public transit app developer Moovit for US$1 billion, according to media reports.

Same-day grocery delivery is hard to come by these days, as Walmart (NYSE: WMT) and Amazon (NASDAQ: AMZN) have seen a surge in demand for their speedy fulfillment options. Now you're lucky if you can get a delivery time slot within a week of ordering, if you can get one at all.

Social Security plays a vital role in the financial security for tens of millions of Americans. However, we've known for years that Social Security faced a long-term challenge, as the large number of retiring Baby Boomers reflected a demographic shift that is predictably putting

What happened Shares of StoneCo (NASDAQ: STNE) climbed 21.2% in April, according to data from S&P Global Market Intelligence. The Brazilian payment processing stock saw significant recovery last month after falling 45.4% in March, but the company's share price is still dow

TC Energy (NYSE: TRP) is one of the few companies in the energy sector that's not feeling the pain of the current market downturn. It's immunity to the impacts of these challenging times were on full display during the first quarter. Those results, as well as the company's ou

Retirement might be one of the most enjoyable periods in your life, and nearly three-quarters (72%) of workers are looking forward to this chapter, according to a report from the Transamerica Center for Retirement Studies.

One of the most profound shifts in consumer behavior resulting from the COVID-19 pandemic has involved e-commerce. With widespread stay-at-home orders in place, and people going to stores only when absolutely necessary, many are shopping online for the very first time, or using

You'd think that to accumulate a lot of money, whether in a savings account, retirement plan, or brokerage account, you'd need to consistently put a lot of money in there. But if you save and invest your money wisely, and do so over a long period of time, you could wind up plea