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U.S. earnings recovery may be faster than in previous crises

U.S. companies' profit growth forecasts for the next five years are still intact, according to Refinitiv data, suggesting that the impact inflicted on companies by the coronavirus pandemic is likely to be more fleeting than that in previous crises.

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Slowing job growth weighs on Wall Street; new stimulus eyed

Wall Street's main indexes fell on Friday as data showed a sharp slowdown in U.S. employment growth, and investors turned their attention toward the likelihood of another fiscal stimulus bill to buttress the economy from a pandemic-induced recession.

Take Five: We're all going on a summer holiday (maybe)

August conjures up images of beaches and sunshine but it may not bring much respite to travel and tourism stocks. Battered by lockdowns, tourism has lagged a broader market recovery, with airline, hotel and leisure shares 20%-50% lower year-to-date.

Exxon Baton Rouge refinery union to seek talks over 401K change: sources

The United Steelworkers union (USW) local representing workers at Exxon Mobil Corp’s Baton Rouge, Louisiana, refinery and chemical plant are seeking talks with the company over the upcoming suspension of the employer contribution to their 401K plan, said sources familiar with the matter.

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