March’s ISM manufacturing index is 49.1, signaling contraction as coronavirus hits economy
U.S. manufacturing activity contracted in March as the coronavirus outbreak continues to pressure the economy, data released Wednesday by the Institute for Supply Management showed. The ISM manufacturing index fell to 49.1 last month from 50.1 in February. Activity was...
US companies cut 27,000 jobs before the worst of the coronavirus shutdown, millions more coming, Moody’s says
Companies reduced payrolls by 27,000 in early March before the worst of the coronavirus-induced economic freeze, according to a report Wednesday from ADP and Moody’s Analytics. Actual losses for the month were far worse as indicated by the millions of...
Stocks making the biggest moves after hours: Verint Systems, HP, Fiat Chrysler and more
A Jeep Renegade rolls down an assembly line at Fiat Chrysler’s Melfi assembly plant in Italy in 2015. Michael Wayland / CNBC Check out the companies making headlines after the bell. Verint Systems — Shares of the analytics company tumbled 12%...
4 ways the coronavirus law pays small businesses to keep workers
A tattoo parlor is temporarily closed in the Brooklyn Borough of New York, U.S., on Friday, March 20, 2020. Photographer: Gabby Jones/Bloomberg via Getty Images Bloomberg The $2 trillion coronavirus relief law signed by President Trump last week has several...
Consumer confidence tumbles in March as coronavirus cases surge
A measure of U.S. consumer confidence fell sharply in March as people grapple with the global coronavirus outbreak. The Conference Board said Tuesday its consumer confidence index dropped to 120 this month from 132.6 in February. To be sure, the print...
Home price gains were strong in January, says S&P Case-Shiller, before coronavirus hit US economy
An ‘Open House’ sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Home prices were seeing even bigger gains in January than all of last year, but...
Coronavirus is sparking the worst recession since WWII, Stephen Roach warns
Economist Stephen Roach believes the country is sinking into an unprecedented recession. Roach, who’s former chairman of Morgan Stanley Asia, warns the coronavirus is spiraling the United States into a downturn that’ll be difficult to exit. “This is a sudden...
Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates
A view of Department of Labor in Flushing, Queens amid the coronavirus (COVID-19) outbreak on March 26, 2020 in New York City John Nacion | NurPhoto | Getty Images Millions of Americans already have lost their jobs due to the...
Stock market live updates: Futures volatile, Dow’s best week since 1938, Trump extends guidelines
US President Donald Trump speaks during a Coronavirus Task Force press briefing in the Rose Garden of the White House in Washington, DC, on March 29, 2020. Jim Watson | AFP | Getty Images This is a live blog. Check...
Former Treasury Secretary Hank Paulson gives the lessons he learned from the financial crisis
Hank Paulson David Orrell | CNBC Former Treasury Secretary Hank Paulson warned that the U.S. faces a “very difficult road ahead” after President Trump signed a historic $2 trillion coronavirus relief bill. Paulson, a key figure in helping the country avoid...
Signal2forex.com - Best Forex robots and signals




