Treasury launches 20-year bond to help fund the record borrowing needed this quarter
The Treasury Department is launching a new 20-year bond in an effort to fund a record level of...
US private payrolls drop by 20.2 million in April, the worst job loss in the history of ADP report
Private payrolls hemorrhaged more than 20 million jobs in April as companies sliced workers amid a coronavirus-induced shutdown...
China tourism revenue drops nearly 60% in first major holiday since coronavirus outbreak
Chinese authorities lifted a more than two-month ban on outbound travel from the city where the global pandemic...
Fed Vice Chair Clarida says more support may be needed, but economy to rebound next quarter
The U.S. economy can return to positive growth in the third quarter after a massive drop in employment...
Consumer debt hits new record of $14.3 trillion
Consumer debt hit a fresh record high to start 2020, even as credit card balances declined while Americans...
US services sector posts biggest contraction since 2009 as coronavirus halts economic activity
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This wartime law gives Trump exceptional power over US economy
President Donald Trump has called the coronavirus pandemic a war against an invisible enemy. And to fight it...
One of Main Street’s biggest fears in economic reopening — new regulations
For several weeks from March into April, new regulations to mitigate the threat from the novel coronavirus sprang...
Test, trace, isolate: Governments need to do these three things before reopening economies, expert warns
Governments need to implement three things to break Covid-19’s “chains of transmission” before reopening their economies, a global...
Stocks making the biggest moves after hours: Chegg, Hertz, L Brands and more
Dan Rosensweig, CEO, Chegg Scott Mlyn | CNBC Check out the companies making headlines after the bell. Shake...
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