NewsWatch: Republicans want to replace extra $600 unemployment benefit with 70% replacement wages — here’s why that could take months to implement

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MARKETWATCH FRONT PAGE

‘So many people receiving unemployment benefits are self-employed or are gig workers.’ See full story.

AMD stock heads toward record high after beating on earnings, raising annual forecast

Advanced Micro Devices Inc. shares headed toward record highs in after-hours trading Tuesday after the chip company reported second-quarter earnings that beat expectations and increased its full-year forecast despite the COVID-19 pandemic. See full story.

Twitter, Facebook and YouTube are taking down that hydroxychloroquine video, and now Donald Trump Jr. can’t tweet for 12 hours

One doctor shown in the video has said alien DNA is being used in medical treatments See full story.

Donald Trump likes to say we’re making ‘tremendous progress’ — one look at this chart tells a different story

As Donald Trump sees it, progress in the fight against the coronavirus can be described in several ways. “Big! Tremendous! Exciting! Encouraging! Significant! Incredible!” Others might use “Not nearly enough!” See full story.

There’s a ‘mania’ in stocks, but investors face an even greater danger, warns Nobel Prize-winning economist

Paul Krugman says the “fear of missing out” is driving this market ever higher, even though the risks continue to mount. See full story.

MARKETWATCH PERSONAL FINANCE

Tuesday’s Personal Finance Stories. See full story.