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Metals Stocks: Gold rallies to highest since late 2012 as dollar declines on the back of the Fed’s new lending plans

Gold futures rally on Thursday to reach their highest levels since late 2012, getting a boost as the dollar declined on the back of the Federal Reserve’s new lending plans aimed to support the hit to the economy from the coronavirus pandemic......»»

Category: topSource: marketwatchApr 9th, 2020

Britain fires with both barrels: emergency rate cut and budget boost

The Bank of England cut interest rates by half a percentage point to 0.25% and announced measures to support bank lending ahead of a budget that is set to open the taps on spending to bolster Britain's economy against the coronavirus outbreak......»»

Category: topSource: reutersMar 11th, 2020

U.S. housing market regaining steam; manufacturing stabilizing

U.S. homebuilding increased more than expected in November and permits for future home construction surged to a 12-1/2-year high as lower mortgage rates continue to boost the housing market and support the broader economy......»»

Category: topSource: reutersDec 17th, 2019

U.S. housing starts increase; permits hit 12-1/2-year high

U.S. homebuilding increased more than expected in November and permits for future home construction surged to a 12-1/2-year high as lower mortgage rates continue to boost the housing market and support the broader economy......»»

Category: topSource: reutersDec 17th, 2019

The Wall Street Journal: China frees up $126 billion for lending with reserve-ratio cut

China’s central bank will unleash roughly 900 billion yuan ($126 billion) into the financial system, in an effort to boost lending as the world’s second-largest economy faces increasing pressure from a trade war with the U.S......»»

Category: topSource: marketwatchSep 6th, 2019

China data, JPMorgan results boost stocks, riskier assets

Global stocks rose on Friday after JP Morgan's results kicked off the U.S. corporate earnings season in style, while signs of stabilization in China's economy also helped riskier assets amid talk that the growth outlook worldwide is better than thought......»»

Category: topSource: reutersApr 12th, 2019

China data, JPMorgan earnings boost stocks, riskier assets

Global stock markets rose on Friday after JP Morgan's results kicked off the U.S. corporate earnings season in style, while signs of stabilization in China's economy also helped riskier assets on views the growth outlook worldwide is better than thought......»»

Category: topSource: reutersApr 12th, 2019

Watch CNBC"s full interview with Bank of America CEO Brian Moynihan

Bank of America CEO Brian Moynihan joins 'The Exchange' to discuss how his company is working towards gender equality, mortgage lending, the state of housing, the U.S. economy and digital banking......»»

Category: realestateSource: cnbcMar 15th, 2019

Bank of America CEO: Loan demand showing consistent growth

Bank of America CEO Brian Moynihan joins 'The Exchange' to discuss how his company is working towards gender equality, mortgage lending, the state of housing, the U.S. economy and digital banking......»»

Category: realestateSource: cnbcMar 15th, 2019

Spring Home Sale Season Shows Signs of a Bust

A booming economy is providing little boost to the critical spring homebuying season, which is stuck in neutral due to a lack of inventory, high home prices and rising mortgage rates......»»

Category: smallbizSource: wsjJun 20th, 2018

Argentina, IMF reach deal to boost financing to $57 billion

Argentina' economy minister says the South American country has reached a revised lending agreement with the International Monetary Fund increasing the amount of a loan package......»»

Category: topSource: foxnewsSep 26th, 2018

The Wall Street Journal: China’s central bank frees up nearly $175 billion to jump-start economy

China’s central bank is freeing up nearly $175 billion to get commercial banks to boost their lending and pay off short-term borrowings, the latest effort by Beijing to lift growth in a slowing economy as its trade fight with the U.S. escalates......»»

Category: topSource: marketwatchOct 7th, 2018

As U.S. Tariffs Bite, China Moves Again to Spur Its Economy

China’s central bank is freeing up nearly $175 billion to get commercial banks to boost their lending and pay off short-term borrowings, the latest effort by Beijing to lift growth in a slowing economy as its trade fight with the U.S. escalates......»»

Category: topSource: wsjOct 7th, 2018

UK consumer lending growth slows to near four-year low as Brexit approaches

Lending to British consumers grew at its slowest pace in nearly four years in November and the number of mortgage approvals fell, Bank of England data showed, adding to signs of a pre-Brexit slowdown in the economy......»»

Category: topSource: reutersJan 4th, 2019

China slashes banks" reserve requirements again as economy slows

China's central bank said on Friday it was cutting the amount of cash that banks must hold as reserves for the fifth time in the past year -- freeing up $116 billion for new lending as it tries to reduce the risk of a sharper economic slowdown......»»

Category: topSource: reutersJan 4th, 2019

Stock futures flat as weak JPMorgan results offset China stimulus boost

U.S. stock futures pointed to a flat start on Tuesday, with an early boost from hopes of more Chinese stimulus for the economy fading following poor results from JPMorgan......»»

Category: topSource: reutersJan 15th, 2019

S&P 500 opens flat as JPMorgan results weigh

The S&P 500 opened little changed on Tuesday, as an early boost from hopes of more Chinese stimulus for the slowing economy faded following poor results from JPMorgan......»»

Category: topSource: reutersJan 15th, 2019

China should boost banks" active support for economy: central bank official

Encouraging China's banks to actively increase support for the real economy, rather than relying on authorities' orders to boost lending, is the key to improving the supply of credit in the economy, a central bank official said on Monday......»»

Category: topSource: reutersJan 21st, 2019

How prestigious R1 status for UNC Charlotte could boost region"s economy

UNC Charlotte is poised to gain R1 status in 2025 — a classification that recognizes the ever-increasing amount of research it conducts and its roster of top-level talent. It also stands to catapult the university — and region — forward......»»

Category: topSource: bizjournalsApr 13th, 2024

JPMorgan drops its recession call for the first half and now sees a 55% chance of a soft landing for the global economy

"The larger shift in our recent thinking, however, is about the relationship between interest rates and the life of the expan.....»»

Category: topSource: businessinsiderApr 10th, 2024