Stocks climb, closing out biggest weekly gain in 3 months

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A man walks past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in the rain in Tokyo Friday, Oct. 9, 2020. Asian stock markets followed Wall Street higher on Friday on hopes Washington will provide more aid to the struggling U.S. economy.

AP

Wall Street closed out its best week in three months Friday as investors drew encouragement from ongoing negotiations on Capitol Hill aimed at delivering more aid to the ailing U.S. economy.

The S&P 500 rose 0.9%, its third straight gain. The benchmark index ended the week with a 3.8% gain, its strongest rally since early July.

Much of this week’s focus has been on Washington, where President Donald Trump sent markets on a sudden skid Tuesday after he halted negotiations on a support package for the economy until after the election. He appeared to change his mind a few hours

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Stocks climb, closing out biggest weekly gain in 3 months | National News

The S&P 500 rose 30.31 points to 3,477.14. The Dow Jones Industrial Average gained 161.39 points, or 0.6%, to 28,586.90. The gain nudged the Dow into positive territory for the year. The Nasdaq composite climbed 158.96 points, or 1.4%, to 11,579.94.

Small-company stocks added to their solid gains this week. The Russell 2000 index picked up 9 points, or 0.6%, to 1,637.55. The index jumped 6.4% this week.

Investors have been clamoring for more federal aid since the expiration of extra benefits for laid-off workers and other stimulus for the economy that Congress approved earlier this year. Economists say the outlook is grim without such support, and the chair of the Federal Reserve has said repeatedly it will likely be necessary.

Still, the prospects for a new deal on more aid have been shaky, especially this week.

Trump said that House Speaker Nancy Pelosi was negotiating in bad faith when

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Biggest healthcare stories for the week ending October 9

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Hello,

What a week it’s been. If you can believe it, it was just a week ago that we learned that President Donald Trump had been diagnosed with COVID-19. After a four-day stay at the hospital, he’s back at the White House, and somehow spending part of his days touting coronavirus treatments. We’ll get into it shortly.

But first — if you haven’t yet, be sure to subscribe to our newsletter here!


trump walter reed discharge

President Donald Trump poses for a White House photograph to show him working during his stay at Walter Reed Army Medical Center in Bethesda, Md.

Tia Dufour/The White House via Getty Images


Trump’s week with COVID-19

Last Friday evening, Trump was in the hospital being

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The new ThinkPad X13’s biggest draw is its AMD 4000 PRO processor

The new first-generation ThinkPad X13 looks a whole lot like the other ThinkPads, but it’s packing AMD Ryzen 4000 PRO processors for a big performance boost.

The Lenovo ThinkPad X lineup — not to be confused with the high-end ThinkPad X1 lineup that includes the X1 Carbon, X1 Extreme, and X1 Yoga — is meant to appeal to those who want a thin and light business laptop with extra security features and coveted ThinkPad durability. X-series laptops, which include standard and Yoga versions of the ThinkPad X390, ThinkPad X395, and ThinkPad X13 (which I’m reviewing here), are a lot closer to Lenovo’s T-series devices than the expensive X1 line. The X13 starts at an affordable price, it’s sized to travel, and it’s packing hardware cut out for productivity work. I’ve been using a ThinkPad X13 with AMD Ryzen 4000 PRO CPU for about a week to see what it’s all

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Unemployment Is World’s Biggest Risk, Business Leaders Say | Investing News

LONDON (Reuters) – Unemployment is seen as the biggest worry over the next 10 years for business executives around the world, closely followed by concern about the spread of infectious diseases, according to a survey by the World Economic Forum.

Unemployment rates have rocketed due to lockdowns and other restrictions to combat the coronavirus pandemic, with fears of worse to come in countries which have furloughed workers.

“The employment disruptions caused by the pandemic, rising automation and the transition to greener economies are fundamentally changing labour markets,” said Saadia Zahidi, Managing Director at the World Economic Forum (WEF).

“As we emerge from the crisis, leaders have a remarkable opportunity to create new jobs, support living wages, and reimagine social safety nets to adequately meet the challenges in the labour markets of tomorrow.”

The Regional Risks for Doing Business survey, which surveyed 12,012 business leaders from 127 countries, makes up part

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