Here’s Yahoo Finance’s Tuesday morning wrap.
The ASX is expected to open flat, after mixed results on Wall Street overnight.
The ASX futures contract was down 3 points to 6067 at 7am, with the AUD slipping to 71.52 US cents.
In the US, the S&P 500 ended slightly higher while the Nasdaq fell, dragged lower by Microsoft, Amazon and Facebook.
Job openings in the US rose, but investors are still awaiting news on progress of a fiscal stimulus bill.
‘Unlucky’: 500 Australians will receive letters from the Australian Taxation Office asking for more proof that they were in fact eligible to access their super early under the government’s hardship release scheme.
McDonald’s sues former CEO: The fast food chain is suing its former chief executive Stephen Easterbrook, for allegedly lying to the company about sexual relationships with staff.
The company is trying to recover millions in compensation and severance benefits it paid out to him.
Drivers not contractors: A California judge has granted the state's request for a preliminary injunction blocking Uber and Lyft from classifying their drivers as independent contractors rather than employees.
How to earn thousands more each year: As we head into ‘Isolation 2.0’, the need for a sustainable side hustle is becoming more apparent (particularly for our Victorian friends).
Founder and CEO of the Remarkable Woman, Shivani Gopal, reveals how to diversify your income streams and make more money.
US$1.1 billion tax refund: US oil company Marathon Petroleum Corp is poised to claim a US$1.1 billion tax refund due to a Covid-19 stimulus law enacted in March. Here’s how.
Have a great day.
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