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FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Tesla has posted three straight profitable quarters, opened a factory in China and rolled out the Model Y small SUV. Yet ahead of second-quarter results on Wednesday, July 21, analysts are beginning to question whether the run will last. (AP Photo/Susan Walsh, File)
July 21, 2020 - 6:22 pm
DETROIT (AP) — Tesla's losses were mounting last summer, massive debt payments were looming, and both Wall Street and federal regulators had run out of patience with the erratic behavior of CEO Elon Musk. One year ago this week, shares plunged 14% after Tesla posted another quarterly loss, this one...
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German Chancellor Angela Merkel, left, and French President Emmanuel Macron walk onto the podium prior to a media conference at the end of an EU summit in Brussels, Tuesday, July 21, 2020. Weary European Union leaders finally clinched an unprecedented budget and coronavirus recovery fund early Tuesday, finding unity after four days and as many nights of fighting and wrangling over money and power in one of their longest summits ever. (John Thys, Pool Photo via AP)
July 21, 2020 - 11:00 am
FRANKFURT, Germany (AP) — European leaders took a historic step towards sharing financial burdens among the EU's 27 countries by agreeing to borrow and spend together to pull the economy out of the deep recession caused by the virus outbreak. Pushed by Germany's Angela Merkel and France's Emmanuel...
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The New York Stock Exchange is shown, Tuesday, July 21, 2020. Stocks are rising broadly on Wall Street in early trading Tuesday after investors were encouraged to see European leaders come together to agree on a budget and coronavirus relief fund worth more than $2 trillion. (AP Photo/Mark Lennihan)
July 21, 2020 - 10:27 am
Energy companies and banks are leading stocks broadly higher on Wall Street in early trading Tuesday, extending the market's recent run of gains. The S&P 500 was up 0.6%. The gains followed strength in markets overseas as investors welcomed news that European leaders have agreed on a budget and...
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A man wearing a face mask stands next to a bank's electronic board showing the Hong Kong share index in Hong Kong Tuesday, July 21, 2020. Asian shares were mostly higher Tuesday as hopes rose about a vaccine being developed to fight the coronavirus pandemic.(AP Photo/Vincent Yu)
July 20, 2020 - 11:52 pm
Asian shares were mostly higher Tuesday on rising hopes for an effective vaccine to fight the coronavirus pandemic. Scientists at Oxford University reported that their experimental coronavirus vaccine prompted a protective immune response in hundreds of people who got the shot in an early trial...
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In this handout photo released by the University of Oxford samples from coronavirus vaccine trials are handled inside the Oxford Vaccine Group laboratory in Oxford, England Thursday June 25, 2020. Scientists at Oxford University say their experimental coronavirus vaccine has been shown in an early trial to prompt a protective immune response in hundreds of people who got the shot. In research published Monday July 20, 2020 in the journal Lancet, scientists said that they found their experimental COVID-19 vaccine produced a dual immune response in people aged 18 to 55. (John Cairns, University of Oxford via AP)
July 20, 2020 - 8:48 pm
MIAMI (AP) — The race to corral the coronavirus pandemic took on even greater urgency Monday as a burgeoning economic crisis collided with political turmoil. While the latest experimental vaccine appeared to show promise, politicians in Washington were far apart in finding a way to bring financial...
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Shoppers wearing protective facemasks amid the spread of the new coronavirus load groceries from a dollar store in Havana, Cuba, Monday, July 20, 2020. Cuba has expanded the types of stores that accept dollars for payment to include food stores, as part of the government’s effort to capture much needed hard currency to shore up the island’s ailing economy. (AP Photo/Ramon Espinosa)
July 20, 2020 - 7:02 pm
HAVANA (AP) — Cuba opened shops Monday that accept only foreign currencies and eliminated a special tax on the U.S. dollar, deepening a process of collecting stronger currencies to face the country's economic crisis. By morning, long queues had formed in a half-dozen such shops in Havana dedicated...
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In this photo released on the official Facebook page of Syrian Presidency, Syrian President Bashar Assad and his wife Asma vote at a polling station in the parliamentary elections in Damascus, Syria, Sunday, July 19, 2020. Syrians headed to polling stations in government-held parts of the war-torn country on Sunday to elect a new parliament amid strict health measures to prevent the spread of coronavirus amid an increase of cases in recent days. (Syrian Presidency via AP)
July 19, 2020 - 12:41 pm
DAMASCUS, Syria (AP) — Syrians headed to polling stations in government-held parts of the war-torn country on Sunday to elect a new parliament amid strict health measures to prevent the spread of the coronavirus. The vote is the third to take place in Syria since the conflict began in March 2011...
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Israeli Prime Minister Benjamin Netanyahu wears a face mask to help prevent the spread of the coronavirus as he opens the weekly cabinet meeting, at the foreign ministry, in Jerusalem, Sunday, July 5, 2020. (Photo by Gali Tibbon/Pool via AP)
July 19, 2020 - 8:34 am
JERUSALEM (AP) — Israeli Prime Minister Benjamin Netanyahu's corruption trial will resume in earnest in January, with thrice-weekly evidentiary hearings set to begin then, a Jerusalem court decided Sunday. It was not immediately clear if Netanyahu would be required to be present at each hearing,...
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A currency trader wearing a face mask watches computer monitors near the screens showing the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Friday, July 17, 2020. Asian stock markets rebounded Friday after Wall Street closed lower amid uncertainty about the U.S. economic outlook. (AP Photo/Lee Jin-man)
July 17, 2020 - 4:33 pm
NEW YORK (AP) — Wall Street ticked higher Friday to close out its third straight winning week, one punctuated by hopes that the economy can continue to steady itself despite the pandemic. The S&P 500 rose 9.16 points, or 0.3%, to 3,224.73 after yet another day of wobbly trading. The Dow Jones...
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A currency trader wearing a face mask watches computer monitors near the screens showing the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Friday, July 17, 2020. Asian stock markets rebounded Friday after Wall Street closed lower amid uncertainty about the U.S. economic outlook. (AP Photo/Lee Jin-man)
July 16, 2020 - 11:35 pm
BEIJING (AP) — Asian stock markets were mostly higher Friday after Wall Street closed lower amid uncertainty about the U.S. economic outlook. Benchmarks in Shanghai, Hong Kong and Seoul advanced a day after retreating on weak Chinese retail spending data. Tokyo and Sydney were little-changed...
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