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Oil gains as hopes rise for production cut amid coronavirus outbreak

Oil rose on Tuesday amid hopes that the world's biggest producers of crude will agree to curtail production as the coronavirus pandemic ravages the global economy, even as analysts cautioned the cuts may do little to boost demand......»»

Category: topSource: reutersApr 6th, 2020

Stunning Drone Footage Shows Newark Avenue In Jersey City Completely Empty

Stunning Drone Footage Shows Newark Avenue In Jersey City Completely Empty .....»»

Category: blogSource: zerohedgeMar 29th, 2020

Trump has made it clear he wants to reopen the economy to boost his reelection chances, even if it means more Americans will die

REUTERS/Jonathan Ernst As the country strug.....»»

Category: topSource: businessinsiderMar 25th, 2020

The Dow had its best day in 87 years. Here are the local companies that posted the biggest gains.

Markets on Wall Street jumped Tuesday as lawmakers and the Trump administration worked to finalize a massive stimulus package to boost the struggling economy created by the growing coronavirus pandemic. The Dow Jones Industrial Average went up 11% on th.....»»

Category: topSource: bizjournalsMar 25th, 2020

Utility Stocks Making Comeback on Hopes for Stimulus Plan

Hopes for a political agreement on how to stimulate the U.S. economy has provided a boost to downtrodden utility stocks......»»

Category: blogSource: 247wallstMar 24th, 2020

Historic Fed boost fails to stop Wall Street"s coronavirus-driven sell-off

Wall Street's slide deepened on Monday as an unprecedented moves by the U.S. Federal Reserve to shore up credit across the economy proved insufficient to sooth investors' fears about the swiftly-spreading coronavirus......»»

Category: topSource: reutersMar 23rd, 2020

Historic Fed boost fails to stop Wall Street"s virus-driven sell-off

Wall Street's slide deepened on Monday as the rapidly spreading coronavirus forced more U.S. states into lockdown, overshadowing unprecedented moves by the U.S. Federal Reserve to shore up credit across the economy......»»

Category: topSource: reutersMar 23rd, 2020

Historic Fed boost fails to stop Wall Street"s virus driven sell-off

Wall Street's slide deepened on Monday as the rapidly spreading coronavirus forced more U.S. states into lockdown, overshadowing unprecedented moves by the U.S. Federal Reserve to shore up credit across the economy......»»

Category: topSource: reutersMar 23rd, 2020

As they race to boost the economy, lawmakers encounter push for a greener stimulus

Environmental groups, climate experts and renewable energy industries call on Congress and administration to take advantage of the economic disarray and pass a stimulus bill that will set a new path toward lower carbon emissions.....»»

Category: dealsSource: nytMar 23rd, 2020

Here’s how getting rid of student loans could help the economy

This is why getting rid of student loans could help boost the economy. PennyGem’s Natasha Abellard has the story......»»

Category: topSource: moneycentralMar 22nd, 2020

We"re already in a recession and don"t know it, an economist told us. Here are the best ways to spend money wisely to boost the economy until the government gets its act together.

ALAA AL-MARJANI/Reuters Coronavirus has been shutting down America's biggest cities, forcing officials to close restaurants, non-essential stores, and more to prevent th.....»»

Category: topSource: businessinsiderMar 18th, 2020

China keen to boost consumption

China is not just accelerating the resumption of manufacturing to prevent its economy from being stalled further by the coronavirus pandemic; it is also keen to boost local consumption......»»

Category: topSource: digitimesMar 17th, 2020

Capitol Report: Coronavirus stimulus package ‘remains elusive’ as Washington is focused on ‘disaster relief,’ analysts say

While Republican and Democratic leaders say they’re close to a deal on a coronavirus bill, analysts are stressing the latest legislative effort isn’t designed to deliver a big boost to the economy or markets......»»

Category: topSource: marketwatchMar 13th, 2020

Austin is suffering as SXSW windfall vanishes

The city counts on the annual festival and its $356 million boost to the local economy......»»

Category: topSource: moneycentralMar 13th, 2020

Austin is suffering as SXSW windfall vanishes

The city counts on the annual festival and its $356 million boost to the local economy......»»

Category: topSource: moneycentralMar 13th, 2020

Britain warns of ‘significant’ impact to economy as it unveils £30 billion coronavirus strategy, while U.S. mulls measures

Chancellor Rishi Sunak uses his first budget to unveil a £30 billion spending boost to tackle the impact of coronavirus and support the economy.....»»

Category: topSource: marketwatchMar 11th, 2020

Trump proposes a payroll-tax cut to boost the economy during the coronavirus epidemic, but would this really work?

As lawmakers debate options for a financial plan to combat the impact of COVID-19, here are some key questions to consider......»»

Category: topSource: marketwatchMar 11th, 2020

Trump proposes payroll-tax cuts to boost the economy during the coronavirus epidemic, but would this really work?

As lawmakers debate options for a financial plan to combat the impact of COVID-19, here are some key questions to consider......»»

Category: topSource: marketwatchMar 11th, 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. job growth robust before coronavirus outbreak hit shores

U.S. employers maintained a robust pace of hiring in February, giving the economy a strong boost heading into the coronavirus outbreak, which has stoked fears of a recession and prompted an emergency interest rate cut from the Federal Reserve......»»

Category: topSource: reutersMar 6th, 2020