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U.S. retail sales collapse as coronavirus keeps consumers at home

U.S. retail sales suffered a record drop in March as mandatory business closures to control the spread of the novel coronavirus outbreak depressed demand for a range of goods, setting up consumer spending for its worst decline in decades......»»

Category: topSource: reutersApr 15th, 2020

Seattle-area home prices surged last month, but that doesn"t mean much

Interest rates are down to a near-record low, but sales volumes are down as buyers and their brokers feel their way through the unique market......»»

Category: topSource: bizjournalsApr 6th, 2020

Fed says it will provide financing against new U.S. "payroll protection" loans

The Federal Reserve on Monday moved to bolster a new small-business lending program by allowing banks to turn those loans over to the U.S. central bank for cash, easing concerns among banks about getting stuck holding the low interest loans......»»

Category: topSource: reutersApr 6th, 2020

Ohio food banks say they need more funding to meet demand driven by coronavirus

Ohio's food banks are requesting $25 million in extra funding from the state of Ohio and Gov. Mike DeWine in order to meet surging demand for their services. As unemployment claims and layoffs are skyrocketing as a result of the coronavirus pandemic.....»»

Category: topSource: bizjournalsApr 4th, 2020

Foreign central banks sold off more than $100 billion in US Treasuries as cash demand surged

Karen Bleier/AFT/Getty Images Monetary authoritie.....»»

Category: topSource: businessinsiderApr 1st, 2020

Users See ‘Buying Opportunity’ in Coronavirus Market Downturn, Says Crypto.com

Retail interest in cryptocurrencies is growing as COVID-19 shakes markets and central banks take drastic steps to steady the global economy, the firm says......»»

Category: forexSource: coindeskMar 25th, 2020

The Fed: Fed moves to satisfy global demand for dollars

The Federal Reserve on Thursday set up swap lines with 9 more central banks, in an effort to satisfy demand for the U.S. currency......»»

Category: topSource: marketwatchMar 19th, 2020

The race to buy a home slows a bit amid coronavirus, but demand is still high

The race to refinance or fianance a home slowed as interest rates ticked up amid growing concerns about the coronavirus. Mortgage applications fell .....»»

Category: topSource: usatodayMar 18th, 2020

Mortgage applications surge, but coronavirus is the wild card that could chill spring homebuying

Mortgage applications surged last month as home buyers rushed to take advantage of low interest rates spurred by ang.....»»

Category: topSource: usatodayMar 17th, 2020

Central Banks Around The World Coordinate As Coronavirus Paralyzes Economies

The market was reacting Monday to the U.S. Federal Reserve's emergency interest rate cut over the weekend triggered by the spread of the coronavirus. read more.....»»

Category: blogSource: benzingaMar 16th, 2020

Market Extra: All eyes on Lagarde, as ECB meets following emergency interest rate cuts by Fed, Bank of England

The European Central Bank may be running low on firepower, but market volatility and falling inflation expectations tied to the COVID-19 outbreak provides growing pressure to act more aggressively than previously expected, analysts say......»»

Category: topSource: marketwatchMar 12th, 2020

Bull market limping toward its deathbed: Goldman Sachs

The bull market that began on March 9, 2009, has been hamstrung by cratering oil prices and lower interest rates as central banks grapple with a new coronavirus......»»

Category: topSource: foxnewsMar 11th, 2020

Stock rebound runs out of steam despite emergency BoE cut

The rebound in stocks ran out of steam on Wednesday despite the Bank of England joining other central banks in cutting interest rates, as investors weighed up whether coordinated monetary and fiscal stimulus could counter the shock from coronavirus......»»

Category: topSource: reutersMar 11th, 2020

Stocks gain after emergency BoE cut adds to stimulus hopes

European stocks rose on Wednesday after the Bank of England joined other central banks in cutting interest rates, raising hopes for more co-ordinated monetary and fiscal stimulus to counter the economic shock from the coronavirus outbreak......»»

Category: topSource: reutersMar 11th, 2020

European stock futures jump as BoE joins rate cut party

Stock futures in London and across Europe jumped on Wednesday after the Bank of England joined other major central banks in cutting interest rates to offset economic damage caused by the coronavirus outbreak......»»

Category: topSource: reutersMar 11th, 2020

Coronavirus Economic Turmoil A Silver Lining For Home Buyers, Builders

Frequent handwashing, buying extra groceries, refraining from touching your face. These items are on most people's list of coronavirus preparations.  But what about talking to a broker about a new home purchase or mortgage refinancing?  read more.....»»

Category: blogSource: benzingaMar 4th, 2020

How you can profit from the record low 10-year Treasury yield

A recent surge in demand for safe-haven investments sent the yield on the benchmark 10-year Treasury note below 1% the first time ever. Home buyers and student loan borrowers could benefit......»»

Category: topSource: moneycentralMar 4th, 2020

How the record low 10-year Treasury yield can boost your finances

A recent surge in demand for safe-haven investments sent the yield on the benchmark 10-year Treasury note below 1% the first time ever. Home buyers and student loan borrowers could benefit......»»

Category: topSource: moneycentralMar 4th, 2020

How the record low 10-year Treasury yield can boost your finances

A recent surge in demand for safe-haven investments sent the yield on the benchmark 10-year Treasury note below 1% the first time ever. Home buyers and student loan borrowers could benefit......»»

Category: topSource: moneycentralMar 4th, 2020

How you can profit from the record low 10-year Treasury yield

A recent surge in demand for safe-haven investments sent the yield on the benchmark 10-year Treasury note below 1% the first time ever. Home buyers and student loan borrowers could benefit......»»

Category: realestateSource: cnbcMar 4th, 2020