Author: Vitaliy Dadalyan

U.S. Stock Futures Tick Higher; Dollar Steady: Markets Wrap

(Bloomberg) -- U.S. equity-index futures began the week with modest gains and stocks in Asia were on course to open marginally higher as investors weighed further signs of recovery in China against more virus outbreaks in some parts of the world.Currencies began the week with muted moves, with the dollar steady against most G-10 peers early Monday. S&P 500 futures ticked up after the gauge rose on Friday, when equity-index futures in Japan and Australia edged higher. Crude oil slipped. Global equities are on course for the first month of losses since March amid mounting signs that the pace of economic recovery will slow with an uptick in global coronavirus cases and a stall in further government aid. Data over the weekend showed profits at China industrial companies grew for a fourth consecutive month in August.Here are some key events coming up:The final scheduled round of talks between the U.K. and...

NY Times: Trump paid $750 in US income taxes in 2016, 2017

President Donald Trump paid just $750 in federal income taxes the year he ran for president and in his first year in the White House, according to a report Sunday in The New York Times. Trump, who has fiercely guarded his tax filings and is the only president in modern times not to make them public, paid no federal income taxes in 10 of the past 15 years. The details of the tax filings complicate Trump’s description of himself as a shrewd and patriotic businessman, revealing instead a series of financial losses and income from abroad that could come into conflict with his responsibilities as president....