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Trump to block U.S. downloads of TikTok, WeChat on Sunday – CNBC

The Commerce Department announced Friday morning that it would ban U.S. business transactions with Chinese-owned social apps WeChat and TikTok on Sunday. The announcement comes ahead of an expected …

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Jobless claims were lower than expected as trend improves heading into autumn – CNBC

First-time claims for unemployment insurance beat Wall Street estimates last week as the U.S. economy enters a critical new stage. Filings totaled 860,000 for the week ended Sept. 12, the Labor Depa…

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Buffett-backed cloud unicorn Snowflake nets $3.4 billion in record-breaking software IPO | Markets – Business Insider

Billionaire investor-backed Snowflake said it would raise $3.4 billion in the largest-ever software IPO, giving it a value of over $33 billion.The cloud-data platform will sell 28 mi…

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Social Security benefits in 2021: How much your check is likely to increase next year – Fox Business

Social Security is a hot topic heading into the November election – and the Social Security Administration is likely to announce a slight increase in monthly checks for beneficiaries next year shortl…

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Bill Gates doesn’t expect a virus vaccine before year-end — but he says one drugmaker has the best chance – CNBC

Bill Gates addresses a virtual Covid-19 conference hosted by the International Aids Society. July 11, 2020 Bill Gates doesn’t believe any of the coronavirus vaccines in development are likely to see…

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Vaccine hopes and M&A action power European stocks and U.S. equity futures – MarketWatch

European stocks marched higher on Monday, alongside U.S. equity futures, driven by vaccine hopes, mergers and acquisitions news.The Stoxx Europe 600 index SXXP, +0.26% rose 0.5% after ending l…

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Neither Microsoft nor Oracle gets to buy TikTok US: Chinese state media – TechCrunch

What a whirlwind of a Monday morning. Shortly after news broke that Microsoft is out of the picture in bidding for TikTok’s U.S. operations, and rumors began circulating that Oracle is the winner, Ch…

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Tesla Model 3 poised for power liftgate, center console upgrade, new ‘frunk,’ and more – Teslarati

Recent reports from China are suggesting that Tesla may be poised to roll out some notable improvements to the Gigafactory Shanghai-made Model 3. If the speculations prove accurate, Teslas most affor…

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Rumors of DeFi’s demise have been greatly exaggerated: weekly recap – Cointelegraph

DeFi projects have been dominating headlines as of late, and the unexpected departure by a high-profile founder had ripple effects throughout crypto markets. Here are the top stories from the past we…

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UK economy grew 6.6% in July as gradual recovery continues – CNBC

The U.K. economy grew 6.6% in July on a monthly basis, according to initial estimates published Friday, as the economy seeks to recover from the sharp downturn caused by coronavirus-induced lockdown …