Daily Briefing

Foreclosures have stalled even as delinquencies approach 2010 levels. Why is that the case? Also: Berkshire’s investment in Barrick Gold Corp, and a look at Precious Metals Week

U.S. retail spending rising above pre-pandemic levels, Rent the Runway closing physical locations, and more.

Today, initial jobless claims have dropped below 1 million to 963,000, seasonally adjusted for the week ending August 8. This is the first time that initial jobless claims fell below the one million level since the beginning of the pandemic in March.

Today, initial jobless claims have dropped below 1 million to 963,000, seasonally adjusted for the week ending August 8. This is the first time that initial jobless claims fell below the one million level since the beginning of the pandemic in March.

Cash flow is the lifeblood of any business, and without it, it cannot endure regardless of whether the economy is in a recessionary or expansionary period. So, in what ways are businesses hanging on to as much cash as they can right now?

With no stimulus bill passed, U.S. Congressional lawmakers have wrapped negotiations, ending in a stalemate. President Trump issued executive orders over the weekend to extend aid—but who and what will be hurting in the mean time?

Warren Buffett’s Berkshire Hathaway bought $5 billion of its own stock in Q2 – and yet it was a net seller of equities by $13 billion. What gives?

Trump is now targeting both WeChat and TikTok, the US jobs report for July is out, and the Fed’s Main Street was labeled as a “failure.”

Initial claims data and the plummeting of the Turkish Lira as the Central Bank of Turkey withdraws key liquidity measures.

Microsoft eyeing TikTok’s global business, US initial jobless claims falling, and the slow crawl toward a new fiscal coronavirus support bill.

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