Fed Must “Tread Carefully†Not to Damage Economy
The Fed’s interest rate increase in December tipped monetary policy into a restrictive setting that may be pushing the economy farther from one of the Fed’s Key goals, James Bullard, President of.....»»
US economy adds 916,000 jobs in March as service-sector hiring booms
The labor market’s recovery from the damage caused by the COVID-19 pandemic gained further momentum in March as states continued to ease restrictions, boosting hiring in leisure and hospitality......»»
Global Military Spending Hit Record High In 2020 With US In The Lead
Global Military Spending Hit Record High In 2020 With US In The Lead Authored by Dave DeCamp via AntiWar.com, Despite the damage coronavirus lockdowns did to the world’s economy.....»»
Spotify CEO says will "tread carefully" on U.S. price hikes, FT reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Climate change is already costing the global economy - and damage will only worsen without green initiatives, Fed"s Brainard says
Federal Reserve Governor Lael Brainard's comments stressing climate change come as the central bank has stepped up green initiatives in recent months. Federal Reserve Governor Lael Brainard. AP Photo/Cliff Owen Climat.....»»
Stimulating The Economy Impacts Stocks, But Watch Your Portfolio Carefully In ’21
The stock market is one of the benchmarks for every U.S. presidency. Voters often look at how stocks performed during a president’s four-year term as one of the c.....»»
Economic Report: Jobless claims hit nearly 4-month high on more coronavirus-induced layoffs
New applications for U.S. unemployment benefits rose in mid-December for the second week in a row and hit a nearly four-month high, pointing to rising layoffs and more damage to the economy from a record increase in coronavirus cases......»»
Jobless claims spiked in the U.S. last week, with 853,000 people seeking new benefits
The Labor Department data marks an increase of 137,000 from a week earlier, showing how the crush of coronavirus cases is creating more damage to the economy......»»
Fed Chair Warns of Sustained Recession Threat and Urges Lawmakers to Act Further
“Deeper and longer recessions can leave behind lasting damage to the productive capacity of the economy,â.....»»
Not reopening in coronavirus risks permanent economic damage: officials
Treasury Secretary Steven Mnuchin warned "Fox News Sunday's" Chris Wallace that if we don't reopen the economy soon, the country will be risking permanent economic damage......»»
Biotechnology experts who understand both science and investing are skeptical of the stock market’s strength
The pandemic’s damage to the economy, and investing markets, may be long-lasting and worse than expected, they say......»»
Don’t Get Burned by Crypto
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The crypto universe holds major wealth-building potential, but it’s also filled with landmines. Here’s how to tread carefully and get in on the gains It wasn’t.....»»
Apple’s iPhone sales fell as the coronavirus struck
Apple warned investors in February to expect worse than expected numbers in its fiscal second quarter. Since then, the virus spread around the world and tanked the global economy. On Thursday, investors got an opportunity to survey the damage so far......»»
Powell worries pandemic can cause longer-lasting damage to economy
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
Dow holds strong gain after Fed vows to use full range of tools to help prevent prolonged damage from coronavirus
U.S. stock markets rose Wednesday afternoon after the Federal Reserve kept rates unchanged, as expected, but vowed to do whatever it takes to help the economy bounce back from the public-health crisis crea.....»»
GDP declined in first quarter, with worse economy to come
The coronavirus pandemic officially snapped the United States’ economic growth streak in the first three months of the year. The question now is how deep the damage will get — and how long the.....»»
GDP declined in first quarter, with worse economy to come
The coronavirus pandemic officially snapped the United States’ economic growth streak in the first three months of the year. The question now is how deep the damage will get — and how long the.....»»
These 14 charts from Goldman Sachs show how much damage the coronavirus has inflicted on the global economy
Reuters The coronavirus pandemic has inflicted serious damage on the global economy, and Goldman Sachs brings the receipt.....»»
Planning council predicts Tampa Bay will be hardest hit in Florida by coronavirus
From destructive hurricanes to red tide plaguing shorelines, Tampa Bay has weathered many storms, but coronavirus could cause more damage to the local economy than before. A new report from the Tampa Bay Regional Planning Council shows that the Tampa Bay.....»»
These 5 jarring economic signals flashed red this past week — and they show just how quickly a recession is descending upon America
Spencer Platt/Getty Images This week, many economic indicators released showed just how severe the damage of the coronavirus pandemic is on the US economy. A US recession is.....»»
Stocks slide and dollar rally runs as economic realities bite
Asia's stock markets retreated from their highest levels for a month and the dollar extended gains on Thursday as the damage the coronavirus has wrought on the world economy soured appetite for risk......»»