The U.S. has set a record for newcases on Tuesday for the fourth time in a week, reporting more than 136,000 new cases — the highest in a single day since the start of the pandemic.
Industrial production expanded 1.4 per cent month-on-month in October, the quickest pace since a 4.1 per cent rise in January. It was better than the 1.1 per cent gain in September, but still fell short of economists' expectations for a gain of 1.8 per cent.
On Tuesday, Minnesotathat limit gatherings and target situations where young people congregate. much of the state is seeing the worst surge since the pandemic started. And Wisconsin Governor Tony Evers gave an unusual prime-time address, advising people to stay home and calling on businesses to expand work-from-home options.
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Allegheny County, Pennsylvania, to give update on cases
While the S&P 500 is on track to conclude another stellar year of gains, those who sought to beat the index are poised to finish with a more dubious distinction. According to Lipper, 85% of all active stock mutual fund managers had been trailing their benchmarks through the end of November. In a typical year, there are nearly twice as many managers outperforming, with only around two thirds of funds struggling to catch up. Lipper says this is the worst year for active managers relative to the market in three decades.
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University of Pittsburgh Medical Center gives update
We will promote a steady increase in consumer spending.