All News Under "AMERICA" RSS ATOM

These States Could Be Hit With The Biggest Job Losses From The Coronavirus Pandemic

AMERICA - Published date: .

When the coronavirus pandemic eventually subsides, the economic impact will be felt unevenly from one part of the countr... Read more

Fed's Eric Rosengren Says The Central Bank 'acted Quickly' But Congress Will Need To Do More

AMERICA - Published date: .

The Boston Fed president still expects big hits from coronavirus on the economy, particularly employment. Read more

Coronavirus Effect Could Be 'far Deeper Than The Subprime Crisis,' Says Mortgage Company CEO

AMERICA - Published date: .

For most mortgage borrowers, the first of the month is payment day. This month, however, is a very different story. Mill... Read more

Mnuchin Says He Will Ask Congress For More Small Business Loan Funding If $350 Billion Pool Runs Out

AMERICA - Published date: .

The $350 billion loan program aims to help small businesses cover payroll and benefits during the coronavirus pandemic. Read more

Treasury Secretary Mnuchin Says He's Having Ongoing Discussions About Infrastructure

AMERICA - Published date: .

The Treasury secretary told CNBC he is holding discussions with Congress about a potential infrastructure bill. Read more

March's ISM Manufacturing Index Is 49.1, Signaling Contraction As Coronavirus Hits Economy

AMERICA - Published date: .

U.S. manufacturing activity contracted in March as the coronavirus outbreak continues to pressure the economy, data rele... Read more

US Companies Cut 27,000 Jobs Before The Worst Of The Coronavirus Shutdown, Millions More Coming, Moody's Says

AMERICA - Published date: .

The March ADP count covers the period before the social distancing measures that have shut down large parts of the econo... Read more

Home Price Gains Were Strong In January, Says S&P Case-Shiller, Before Coronavirus Hit US Economy

AMERICA - Published date: .

The gains came before the coronavirus shut down much of the economy and the housing market. Now there are forecasts that... Read more

February Pending Home Sales Jump Over 9% Annually, Ahead Of Major Coronavirus Impact

AMERICA - Published date: .

Homebuyer demand was strengthening markedly just before COVID-19 began its spread across the U.S. Pending home sales, wh... Read more

EasyJet Grounds 'entire Fleet' Over Coronavirus

AMERICA - Published date: .

The carrier had so far operated 650 rescue flights. Read more

Pence Says Economic Fundamentals Remain Strong Despite Massive Coronavirus Impact

AMERICA - Published date: .

Vice President Mike Pence said that the fundamentals of the U.S. economy remain strong despite the coronavirus pandemic ... Read more

Coronavirus Stimulus Just Pushed Fed's Balance Sheet Past $5 Trillion For The First Time Ever

AMERICA - Published date: .

Though its efforts to keep markets running and boost the economy are just getting into gear, the Federal Reserve's asset... Read more

IMF Chief Georgieva Says The World Is In A Recession, Containment Will Dictate Strength Of Recovery

AMERICA - Published date: .

International Monetary Fund chief Kristalina Georgieva said Friday that the global economy is now in a recession thanks ... Read more

US Consumer Sentiment Falls To Lowest Level In More Than 3 Years

AMERICA - Published date: .

U.S. consumer sentiment fell to a three-year low as the coronavirus outbreak takes a toll on the economy, according to d... Read more

US Consumer Spending Rose, Inflation Was Moderate In February

AMERICA - Published date: .

U.S. consumer spending rose moderately in February and momentum is set to fade rapidly in the coming months, with the co... Read more