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Monthly child tax credit may offer lifeline to families losing federal unemployment benefits

MoMo Productions | DigitalVision | Getty ImagesMore than two dozen states are opting out of federal unemployment programs early, meaning nearly 4 million Americans will see their benefits reduced or cut entirely.But monthly payments of the child tax credit, slated to start July 15, may offer a financial lifeline

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Stocks making the biggest moves midday: AMC, BlackBerry, Ford and more

Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, September 17, 2020.Rebecca Cook | ReutersCheck out the companies making headlines in midday trading.AMC Entertainment — The movie theater operator's shares tumbled about 30% after AMC said it may offer

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Online health startup Babylon to go public via $4.2 billion SPAC deal

Babylon Health home screenSource: Babylon HealthBritish health tech startup Babylon Health said on Thursday it has agreed to go public through a merger with a blank-check firm led by former Groupon chief Rich Williams, valuing the combined company at a proforma equity value of $4.2 billion.Babylon will merge with

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Jack Ma’s Ant Group gets nod to operate consumer finance firm, a key step in fixing regulatory issues

A logo of Ant Group is pictured at the headquarters of the company, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020.Aly Song | ReutersGUANGZHOU, China — China has given its approval to Ant Group to operate a consumer finance company, a key positive step in

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Stocks making the biggest moves in the premarket: AMC, BlackBerry, Express, FireEye & more

Take a look at some of the biggest movers in the premarket:AMC Entertainment (AMC) – AMC filed to sell up to 11.55 million common shares "from time to time," according to a Securities and Exchange Commission filing, but cautioned against investing in the stock due to recent moves "unrelated

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India’s IDBI Bank secures USD 239 million debt judgement in UK High Court

has secured a USD 239 million judgement in the commercial division of the High Court of London against a Cypriot subsidiary of India-based Essar Shipping Group, believed to be one of the largest debt judgments obtained by an Indian bank in the English courts. Mumbai-headquartered IDBI had entered into

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