How sudden spike in cash demand led to a major cash crunch in many states

U.S. demand for goods and services this year is expected to spill well beyond U.S. borders, making the United States the largest single contributor to global growth for the first time since 2005, according to Oxford Economics......»»

Garg attributed this sudden cash demand to localised phenomenon.....»»

India’s tight money conditions and fears of a contagion following a debt crisis at a local lender dented demand and put a muzzle on animal spirits in the world’s fastest-growing major economy......»»

States Offer Beer, Cash Incentives As Vaccine Demand Softens.....»»

The agency reported over $9 billion in net losses in 2020 as the pandemic caused mail delivery rates to plummet. United States Postal Service Postmaster General Louis DeJoy speaks during a House Oversight and Reform Comm.....»»

FedEx Corp said on Friday it would pull $1.5 billion from a credit line and slash CEO pay as stay-at-home orders aimed at stemming the spread of the coronavirus in the United States and Europe hammer demand for its lucrative express services......»»

Boeing and other U.S. aviation companies are seeking billions of dollars in aid as they battle to survive a plunge in demand caused by the coronavirus pandemic, while Airbus is pausing production at two sites to bolster health and safety measures......»»

Airlines and airport operators said they are taking steps such as suspending dividends, selling and leasing back airplanes and flying cargo on empty passenger jets as they grapple with a cash crunch and plunging demand caused by the coronavirus outbreak......»»

Unsolicited proposals have led to major projects in states such as Virginia and Arizona and metro areas like Los Angeles. Could they work for Colorado?.....»»

With memories of September's historic spike in short-term funding costs still raw, Wall Street and the Federal Reserve are gearing up for another potential cash crunch at year end......»»

The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in U.S. money market rates, the Bank for International Settlements said......»»

Demand for short-term funding from the Federal Reserve is still running high ahead of the typical year-end cash crunch, even as the central bank has poured more than $320 billion into financial markets to keep credit flowing......»»

Tesla Inc Chief Executive Elon Musk urged investors t.....»»

Hong Kong's financial markets came under pressure on Wednesday, with stocks falling and demand for cash surging, as protesters clashed with police during a mass demonstration against legislation that would allow citizens to be extradited to China......»»

For the past few weeks, banks in many states have been experiencing an unusual cash crunch and the public is facing innumerable problems.....»»

Several states are facing cash shortage despite currency flow in the economy going back to the pre-demonetisation level.....»»

Several states are facing cash shortage despite currency flow in the economy going back to the pre-demonetisation level.....»»

States like Gujarat, Uttar Pradesh, Madhya Pradesh, Bihar, Andhra Pradesh, Manipur and Telangana have so far reported a shortage of cash at ATMs.....»»

Several states are facing cash shortage despite currency flow in the economy going back to the pre-demonetisation level.....»»

Several states are facing cash shortage despite currency flow in the economy going back to the pre-demonetisation level.....»»