stock markets
Jobs May Not Come Totally Back For Years, All Depending On How Small Businesses Weather This Storm
AMERICA - Published date: .
By some estimates, it will take until 2023 or even longer to bring the labor market back to where it was just week ago i... Read more
US Services Sector Growth Slows Down In March, ISM Says
AMERICA - Published date: .
Activity in the U.S. services sector slowed down in March as business grapple with the coronavirus outbreak, data releas... 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 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
Jerome Powell's Message To Americans: 'The Federal Reserve Is Working Hard To Support You'
AMERICA - Published date: .
Federal Reserve Chairman Jerome Powell is trying to reassure Americans about this unprecedented financial crisis ignited... Read more
Bernanke Says Fed Chief Powell 'got Ahead Of This,' And 'going Big' Was Right Thing To Do
AMERICA - Published date: .
Bernanke told CNBC the Federal Reserve acted with appropriate force. Read more
Bank Of America Says The Recession Is Already Here: 'Jobs Will Be Lost, Wealth Will Be Destroyed'
AMERICA - Published date: .
Bank of America issued a dire warning to investors on Thursday: The recession is here. Read more
Unprecedented Spike In Weekly Jobless Claims Is Just The Start, As Unemployment Is Set To Double
AMERICA - Published date: .
Thursday's spike in weekly jobless claims, considered the canary in the coal mine for labor, signals the start of a crus... Read more
Investor Ray Dalio Estimates The Corporate Losses In The US From Coronavirus Will Top $4 Trillion
AMERICA - Published date: .
The Bridgewater Associates founder also estimated the global corporate losses will hit $12 trillion due to the pandemic. Read more
Interest Rates Are Rising, A Bad Sign As The Economy Slides Toward Recession
AMERICA - Published date: .
The Fed is throwing all its fire power at markets, but interest rates continue to rise, a troubling sign when the econom... Read more
'Hell Is Coming' — Bill Ackman Has Dire Warning For Trump, CEOs If Drastic Measures Aren't Taken Now
AMERICA - Published date: .
"America will end as we know it. I'm sorry to say so, unless we take this option," Ackman said. Read more
Even With $1 Trillion Stimulus, Hit To Economy And Employment From Virus Will Be Big
AMERICA - Published date: .
The double-barreled approach of a $1 trillion proposed fiscal stimulus program and Federal Reserve policy could help sof... Read more
Morgan Stanley Says A Global Recession In 2020 Is Now The Firm's 'base Case'
AMERICA - Published date: .
Morgan Stanley warned investors on Tuesday that the coronavirus pandemic is fundamentally disrupting the world's economy... Read more
There's A 70% Chance Of Recession In The Next Six Months, New Study From MIT And State Street Finds
AMERICA - Published date: .
Using a scientific method initially developed to measure human skulls, researchers from MIT and State Street say there's... Read more
A Fed Rate Cut In 2020 Is Now On The Table As Coronavirus Spreads, Economist Says
AMERICA - Published date: .
The spread of the coronavirus could lead global central banks including the Federal Reserve to leverage their policies t... Read more
Fourth Quarter GDP Could Show Economy Entered A Slower Growth Patch At Year-end
AMERICA - Published date: .
Economic growth in the final quarter of the year is expected to be on par with third quarter's 2.1%, but it is also like... Read more
Consumer Confidence Jumps As Job-market Outlook Improves
AMERICA - Published date: .
Consumer confidence grew more than expected in January as the outlook around the labor market improved, data released Tu... Read more
The Pickup Truck Indicator Shows The Economy Is Strong
AMERICA - Published date: .
One firm analyzed pickup truck sales in order to get a read on the state of small businesses in the United States. Read more
Kudlow Says 'tax Cuts 2.0' Will Be Unveiled Later This Year During Trump Presidential Campaign
AMERICA - Published date: .
National Economic Council Director Larry Kudlow said that the White House plans to unveil a plan for additional tax cuts... Read more