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A new book argues that the growing profitability of big business is bad news for workers.
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The Dow, S&P 500 and Nasdaq all hit new records as markets closed on Wednesday. Former President Donald Trump frequently cited stock market gains as a personal accomplishment.
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With millions stuck at home, more and more people are trying day trading. Most will end up losing money, studies show, while troubling cases of addiction are also on the rise.
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Markets welcomed President Trump's recommendation the transition process begin, which will provide critical resources and information to President-elect Joe Biden's team.
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Stocks surged after Pfizer said its experimental vaccine was more than 90% effective and after former Vice President Joe Biden was elected president.
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Stocks have traditionally done well with a Democrat in the White House and Congress under Republican control.
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Investors are betting that Democrats could take control of the White House and the Senate, increasing the prospect of passing a new relief package once the election is over.
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The Dow tumbled more than 900 points as COVID-19 cases surge in the United States and Europe, while next week's election is only adding to the uncertainty over the economy.
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Investors are also discouraged by the lack of progress in talks between Congress and the White House over another coronavirus relief bill.
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Stocks reversed Tuesday's losses amid word that the Trump administration was considering stand-alone bills to aid airlines and small businesses. The president had called off talks on a relief bill.