Media mogul Sumner Redstone dies at age 97, lawmakers remain deadlocked on the next coronavirus relief deal and Stein Mart files for bankruptcy. Keep reading for a look at the top financial headlines on Aug. 12, 2020. Sign up below for the "Fox Business Breaking News Alerts" newsletter for the latest headlines.
Stalled coronavirus relief deal
CBS, Viacom Media Mogul dies
Sumner Redstone, who turned his family’s movie-theater company into a global media empire spanning television, movies, radio and books, and who famously proclaimed that “content is king,” has died.
COVID-19's impact
Today's market
U.S. equity markets rallied Wednesday, getting back on track after a late-day selloff during the prior session snapped the S&P 500’s longest winning streak in 16 months.
Other headlines
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