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JPMorgan CEO Jamie Dimon doesn"t expect stocks to crash anytime soon - but warns against ignoring Warren Buffett and trying to time the market
"Guessing at market tops, market bottoms - that is a complete loser's game," Dimon said. "I've never seen anyone win at it." JPMorgan CEO Jamie Dimon. Mark Lennihan/AP Jamie Dimon expects a post-virus economic boom to support stock prices.The .....»»
Economic Report: U.S. manufacturing takes temporary step back in February as durable goods orders post first drop in 10 months
U.S. orders for long-lasting manufactured goods fell in February for the first time since last spring in a month pockmarked by severe weather, but the lapse in growth is likely to prove temporary as the economy regains momentum after a winter lull......»»
: ‘Amazon can get anything in the world physically to your door in under 48 hours. It takes Uncle Sam six days’: Wells Fargo defends stimulus-check delay
'That time delay costs American living on the edge millions, billions in fees,' says Aaron Klein, a former Treasury Department deputy assistant secretary for economic policy......»»
Economic Report: U.S. retail sales drop 3% in February before new round of stimulus checks
Sales at U.S. retailers fell 3% in February due to a lapse in government aid and a bout of unusually bad weather, but business is expected to pick up again soon after Washington sent $1,400 stimulus checks to most Americans......»»
: ‘Amazon can get anything in the world physically to your door in under 48 hours. It takes Uncle Sam six days’: Americans wait impatiently for their stimulus checks
'That time delay costs American living on the edge millions, billions in fees,' says Aaron Klein, a former Treasury Department deputy assistant secretary for economic policy......»»
Market Snapshot: Stocks lower as Fed’s Powell says inflation unlikely to ‘change on a dime,’ despite rising bond yields
Stocks lose ground Tuesday, with tech shares continuing to lead the way down, as Federal Reserve Chairman Jerome Powell vows to stay the course on easy monetary policy and warns the economic recovery remains uneven and far from complete......»»
De Blasio Warns Of "Dangerous" Snowstorm As Two Feet Expected
De Blasio Warns Of "Dangerous" Snowstorm As Two Feet Expected Update (1830 ET): The National Weather Service reports New York City's official snowfall forecast could total around two f.....»»
AAA: No Memorial Day travel forecast for first time in 20 years
Thanks to the continued impact of the Covid-19 crisis on businesses, AAA will not issue a Memorial Day travel forecast for the first time in 20 years. The reason: concerns that the accuracy of the economic data used to create the forecast has been .....»»
AAA: No Memorial Day travel forecast for first time in 20 years thanks to pandemic impact
Thanks to the continued impact of the Covid-19 crisis on businesses, AAA will not issue a Memorial Day travel forecast for the first time in 20 years. The reason? Concerns that the accuracy of the economic data used to create the forecast has been .....»»
Economic crises that led to massive government stimulus
While the CARES Act is the largest stimulus measure in history, it is hardly the first time the U.S. government has used non-traditional tools of fiscal policy to intervene in an economic crisis......»»
White House adviser sees "cash" phase of economic rescue winding down
With the U.S. economy poised for a sharp rebound, it is time for policy to move from a "cash" rescue phase to focus on more long-term measures that can underpin growth, a top White House adviser said on Wednesday......»»
IMF Warns Asia Won"t See Economic Growth For The First Time Since 1960s
The International Monetary Fund on Wednesday forecasted that Asia wouldn't see any economic growth in the financial year 2020. read more.....»»
Former Google CEO: ‘This is the first time as a species we have had to face the same problem as a planet’
The pandemic-economic crisis underscores the necessity for a national broadband policy to reach rural areas, and a more even playing field for the economically disadvantaged who either don’t have access to laptops or Wi-Fi......»»
The Washington Post wrote that New Zealand is "squashing" its coronavirus curve. An expert agrees, but says the elimination policy could still fail.
Hagen Hopkins/Getty New Zealand's approach to the coronavirus, by closing its borders to foreigners.....»»
Powell says Fed didn"t prepare economic forecast or a "dot plot"- adds these will resume in June
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......»»
Johns Hopkins Doctor Warns, "What Happened In Wuhan Could Happen Here"
Johns Hopkins Doctor Warns, 'What Happened In Wuhan Could Happen Here' Renowned Johns Hopkins surgeon, researcher and policy expert Martin Makary told CNBC on Tuesday morning that the virus outbrea.....»»
Asian stock markets reverse losses on global policy stimulus hopes
Asian shares steadied from early losses on Monday as investors placed their hopes on a coordinated global monetary policy response to weather the damaging economic impact of the coronavirus epidemic......»»
Beyond Rate Cuts, 8 Non-Traditional Federal Reserve and Government Tools to Fight Coronavirus Economic Ruin
One of the biggest concerns in the financial markets at this time is that governments and central banks have few obvious policy tools to help keep their economies going if what was seen in China........»»
Face recognition bans won"t hurt Mass. economy, says expert
As the debate over government use of facial recognition technology spreads across more city councils in the state, one public policy expert thinks that the bans in place across the Bay State have “no obvious economic downside†since they don't p.....»»
Worldwide economic growth could shrink by more than $1 trillion if coronavirus becomes a global pandemic, one research firm warns
Kevin Lee / Getty Images Oxford Economics projects the coronavirus could wipe out $1.1 trillion from their baseline worldwide gross domestic product forecast if it morphs into a global pandemic. A more optimistic estimate from the f.....»»