 | | | | Wall Street finished marginally lower on Tuesday, although the slightly subdued ending to August failed to detract from a strong monthly performance by its three main indexes, in what is traditionally regarded as a quiet period for equities. | | | | | | Wall Street's main indexes closed marginally lower on Tuesday, although the slightly subdued ending to August failed to detract from a strong monthly performance in what is traditionally regarded as a quiet period for equities. | | | | | | A union representing Southwest Airlines Co pilots has filed a lawsuit challenging forced time off and other changes to working conditions imposed by the airline during the COVID-19 pandemic. | | | | | | U.S. consumer confidence fell to a six-month low in August as worries about soaring COVID-19 infections and higher inflation dimmed the outlook for the economy. | | | | | | The coronavirus pandemic will cause the main U.S. Social Security trust fund reserves to be depleted in 2033, a year sooner than an estimate made a year ago, as a steep drop in employment shrank revenue, the U.S. Treasury said on Tuesday. | | | | | | A gaggle of so-called meme stocks were mostly lower on Tuesday after eye-popping rallies in their shares in recent days suggested that retail investors are still eager to bet on companies popular in online forums. | | | | | | Morgan Stanley raised pay for starting analysts in its institutional securities division, making it the latest bank to increase compensation amid high demand for the entry-level workers. | | | | | | Wall Street's main indexes treaded water on Tuesday but remained near their record highs as investors took their cues from the Federal Reserve's continuing supportive attitude, with the S&P 500 poised for a seventh straight month of gains. | | | | | | The U.S. rail regulator on Tuesday rejected a voting trust structure that would have allowed Canadian National Railway Co to proceed with its $29 billion proposed acquisition of U.S. peer Kansas City Southern . | | | | | | Wall Street's main indexes hovered near record highs on Tuesday despite weakness in technology stocks, with the S&P 500 heading for a seventh straight month of gains as fears ebbed over near-term policy tightening by the Federal Reserve. | | | | | |
