The Fed is on ‘wartime’ footing and still may be asked to do more
Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency...
The S&P 500 has rebounded 25% in less than three weeks. Here’s what’s going on
The Wall Street Bull, located in the financial district of New York City. Mike Roy | MCT |...
PayPal, Intuit QuickBooks approved to take part in coronavirus, small-business emergency loan program
A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images...
Stocks making the biggest moves after hours: United Airlines, Pfizer, KB Home and more
A United Airlines plane sits parked at a gate at San Francisco International Airport on March 06, 2020...
‘I feel better’ — Cramer praises Fed’s $2.3 trillion in loans to help businesses and governments
CNBC’s Jim Cramer on Thursday praised the Federal Reserve’s latest moves to help keep afloat a U.S. economy...
Treasury Secretary Mnuchin says US could be open for business in May
Treasury Secretary Steven Mnuchin said Thursday that he believed it was possible that the U.S. could open back...
Bill Gates: Schools will reopen in the fall, but economy won’t magically return to the way it was
Billionaire philanthropist Bill Gates told CNBC he thinks schools will be able to resume in the fall but the...
Federal Reserve unveils details of $2.3 trillion in programs to help support the economy
The Federal Reserve on Thursday announced a bevy of new moves aimed at getting another $2.3 trillion of...
US weekly jobless claims jump by 6.6 million and we’ve now lost 10% of workforce in three weeks
Jobless rolls continued to swell due to the coronavirus shutdown, with 6.6 million Americans filing first-time unemployment claims...
Powell says the economic recovery can be ‘robust’ after the coronavirus is contained
Federal Reserve Chairman Jerome Powell said Thursday that the economic rebound following the coronavirus-induced shutdown “can be robust”...
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