Powell says GDP could shrink more than 30%, but he doesn’t see another Depression
The central bank chief conceded that jobless numbers will look a lot like they did during the 1930s.
Stocks making the biggest moves in the premarket: Moderna, Goldman Sachs, Under Armour & more
Take a look at some of the biggest movers in the premarket: Moderna (MRNA) – The biotech company...
Top money manager cuts exposure, warns stocks are too expensive
Stocks may be coming off their worst week in about two months, but Bryn Mawr Trust’s Jeffrey Mills...
GDP could decline by 42% in the second quarter, according to the Atlanta Fed
The Bronx Chamber of Commerce is worried the retail vacancy rate will skyrocket due to the shutdown caused...
This breakdown of retail sales data shows why Amazon is leading the stock market
Consumer spending plunged by a record 16.4% in April, but one category saw a bounce: nonstore retailers. Included...
Consumer sentiment unexpectedly rises after massive U.S. fiscal stimulus
U.S. consumer sentiment inched higher in the early part of May after massive stimulus measures undertaken by the...
This is the critical link to successfully reopening the US economy
US President Donald Trump participates in a meeting with Supply Chain Distributors to discuss the response to COVID-19...
Industrial production plunges unprecedented 11.2% in April
American industry suffered the most severe plunge on record last month with factories, mines and utilities battered by...
Retail sales plunge a record 16.4% in April, far worse than predicted
Consumer spending tumbled a record 16.4% in April as the backbone of the U.S. economy retrenched amid the...
Treasury yields fall after retail spending drops the most on record amid pandemic
U.S. government debt yields moved lower Friday as investors digested more somber economic data. The yield on the...
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