New York Fed President Williams says the economy won’t be back to ‘full strength’ by end of 2020
New York Federal Reserve President John Williams told CNBC on Friday he sees some parts of the economy coming back online but doubts growth will return to normal this year. Construction should be among the first to return, he said...
Stocks making the biggest moves after hours: Gilead, Boeing, Uber and more
An Uber Eats food delivery courier closes a bag with an order during a lockdown, imposed to prevent the spread of coronavirus disease (COVID-19), in central Kiev, Ukraine April 2, 2020. Valentyn Ogirenko | Reuters Check out the companies making...
New York taps McKinsey to develop a ‘Trump-proof’ economic reopening plan
New York Governor Andrew Cuomo has hired high-powered consultants to develop a science-based plan for the safe economic reopening of the region that can thwart expected pressure from President Donald Trump to move more rapidly, state government sources told Reuters...
Weekly jobless claims hit 5.245 million, raising monthly loss to 22 million due to coronavirus
Protection measures against the coronavirus continued to tear through the employment ranks, with 5.245 million more Americans filing first-time claims for unemployment insurance last week, the Labor Department reported Thursday. That brings the crisis total to just over 22 million,...
The US economy has erased nearly all the job gains since the Great Recession
A man speaks with a library worker after receiving an unemployment form, as the outbreak of coronavirus disease (COVID-19) continues, in Hialeah, Florida, April 8, 2020. Marco Bello | Reuters It took only four weeks for the U.S. economy to...
Billionaire Barry Diller says bail out everyone and ‘worry about paying the bills later’
Billionaire businessman Barry Diller told CNBC on Thursday the United States government should bail out all companies that have been hit hard by the coronavirus, including those in the travel industry. “The damage that is being done every day is enormous,”...
US home construction collapsed 22.3% in March
U.S. home-building activity collapsed in March as the coronavirus spread, with housing starts tumbling 22.3% from a month ago. The Commerce Department said Thursday that groundbreakings occurred last month at a seasonally adjusted annual rate of 1.2 million units, down...
The Fed’s Main Street problem: Worries rise that money won’t go where it’s most needed
Federal Reserve Chairman Jerome Powell holds a press conference following a two day Federal Open Market Committee policy meeting in Washington, January 30, 2019. Leah Millis | Reuters It wasn’t supposed to work like this: The Federal Reserve was not...
Looking for upside during an ugly earnings season? Here’s where Crossmark’s Victoria Fernandez would go
Earnings season may look ugly, but Crossmark’s Global Investments’ Victoria Fernandez isn’t getting discouraged. She believes there are opportunities in the coronavirus battered market. “We’ve seen some already. If you look at some of the health care names — UnitedHealth...
Small business loans top $296 billion and could reach the program’s limit by the end of Wednesday
Much-needed small business aid is beginning to trickle out and more is expected in the weeks to come as banks start to disburse the rescue funds to Main Street. But the first-come, first-serve Payroll Protection Program of $349 billion in...
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Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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Daily Forex Trading Course Walkthrough: Part FiveForex Trading Course Walkthrough Talking Points: This is the fifth of a ten-part series in ... |