The Federal Reserve will stay on hold until 2023, according to CNBC survey
Federal Reserve Chair Jerome H. Powell during a speech on March 3, 2020 in Washington, DC. Mark Makela/Getty Images In the first CNBC Fed Survey since the Federal Reserve announced its new, more dovish monetary policy strategy, respondents now forecast...
A snapshot of the $1.2 trillion freelance economy in the U.S. in the age of Covid-19
Svetikd | Getty Images More than one-third of the American workforce freelance amid the Covid-19 pandemic, contributing $1.2 trillion to the U.S. economy, a study by Upwork revealed Tuesday. This was a 22% increase since 2019 and it was fueled...
Rising debt is a ‘very serious issue’ that governments face, says Singapore minister
SINGAPORE — One of the biggest challenges that governments will face in the next decade is bringing down debt, a senior minister in Singapore said on Monday. Governments around the world have increased spending to support their economies hit hard...
States try to plug gaps in Trump’s $300 unemployment benefit program
Rhode Island Gov. Gina Raimondo. Barry Chin/The Boston Globe via Getty Images Minimum benefits Most states set a minimum unemployment benefit below $100 a week, which creates the conundrum for some workers. Rhode Island, for example, pays a minimum benefit...
Dow futures jump more than 200 points as Wall Street tries to recover after tech struggles
People walk by the New York Stock Exchange (NYSE) on May 18, 2020 in New York City. Spencer Platt | Getty Images U.S. stock futures rose on Sunday night after a sell-off in tech shares led to the market’s first...
Wildfires scorch millions of acres in Western U.S. as Oregon braces for ‘mass fatality event’
Desiree Pierce cries as she visits her home destroyed by the Almeda Fire, Friday, Sept. 11, 2020, in Talent, Ore. “I just needed to see it, to get some closure,” said Pierce. John Locher | AP Historic wildfires are burning...
Heatwaves are becoming more deadly as nights warm faster than days
A photographer takes a picture of the thermometer reading 132 degrees Fahrenheit (55.5 Celsius) at the Furance Creek Visitors Station in Death Valley National Park, California, August 17, 2020. David Becker | Reuters The U.S. this summer has experienced stifling...
Stocks making the biggest moves midday: Peloton, Oracle, Nikola, Domino’s & more
Roberto Machado Noa Check out the companies making headlines midday Friday: Peloton — The exercise equipment maker’s stock jumped 2.5% after the company handily beat earnings expectations for the fourth quarter. The company earned 27 cents per share, compared with...
Used cars drive U.S. consumer prices higher in August
Joel Porro and Lizz Hernandez wear gloves and protective masks as they put bags in the trunk of their car after shopping at Walmart Supercenter as the coronavirus pandemic continues, March 5, 2020 in Miami. David Santiago | Miami Herald...
Stocks making the biggest moves in the premarket: Peloton, Oracle, Chewy, eBay & more
Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton earned 27 cents per share for its latest quarter, compared to the consensus estimate of 10 cents a share. The exercise equipment maker’s revenue...
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Trading education
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