Weekly jobless claims jump to 281,000 ahead of surge in coronavirus layoffs
Jobless claims rose to 281,000 last week, reflecting only the first indications of the impact the coronavirus will...
Economist: Next week’s jobless claims could hit 2 million as coronavirus halt slams labor market
Next Thursday’s look at weekly new jobless claims may show a tenfold spike to two million as the...
Investor Ray Dalio estimates the corporate losses in the US from coronavirus will top $4 trillion
Investor Ray Dalio said the U.S. corporations will lose as much as $4 trillion due to the economic...
From Boeing to Tennessee whiskey, coronavirus bailout requests top $1 trillion
As the coronavirus outbreak threatens to bring U.S. economic activity to a grinding halt, American businesses are jockeying...
Federal Reserve to shore up prime money market funds amid Wall Street rout
US Federal Reserve Chair Jerome Powell speaks at a “Fed Listens” event in Washington, DC, on October 4,...
Ex-Citigroup CEO Sandy Weill urges executives to buy their own stock in show of confidence
Former Citigroup CEO Sandy Weill said executives should buy the stocks of their companies to project confidence to Wall Street in a...
‘Hell is coming’ — Bill Ackman has dire warning for Trump, CEOs if drastic measures aren’t taken now
Investor Bill Ackman urged President Donald Trump and corporate America in an impassioned plea on CNBC to shut down the country...
US housing starts fall less than expected in February
Contractors secure a wall section on a home under construction at the Toll Brothers Cantera at Gale Ranch...
British challenger bank Revolut launches accounts for children
Revolut, one of Europe’s biggest fintech (financial technology) firms, has launched a “money management” product for children, which...
Fed will help businesses get up to $1 trillion in funding in the short-term borrowing markets amid coronavirus crisis
The Federal Reserve said Tuesday it is providing help to companies that are having a hard time getting...
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