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MARKETWATCH FRONT PAGE
Jim Smigiel, chief investment officer of non-traditional strategies at SEI Investments, gives his take on how the election has impacted financial markets. See full story.
Why the U.S. economy could use a $4.4 trillion rescue package from Washington
The Federal Reserve is helping anchor Wall Street and big businesses through the pandemic, but Congress still needs to spend trillions to help stave off a floundering recovery, says Torsten Sløk, chief economist at Apollo Global Management. See full story.
Biden pulls ahead of Trump in Georgia, gap keeps narrowing in Pennsylvania
Former Vice President Joe Biden overtook President Donald Trump in the Georgia ballot count in the predawn hours Friday, as votes continued to trickle in in four crucial battleground states. See full story.
Trump campaign alleges widespread fraud as electoral math moves in Biden’s favor
The president has been amplifying claims of voter fraud on Twitter, and conservative Facebook groups have formed to further spread the message, but experts say instances of actual voter fraud are extremely rare and are unlikely to meaningfully change an election — even one as close as the 2020 presidential contest. See full story.
Peloton sales triple as pandemic surge continues, but the stock is falling as supply issues worsen
Peloton Interactive Inc.’s pandemic surge continued through the summer, and the company expects that the holidays will bring its first-ever billion-dollar quarter. See full story.
MARKETWATCH PERSONAL FINANCE
‘I knew my husband of 5 years was poor at managing finances before we got married. But he’s so much worse than I thought.’ See full story.
