Posted at 23:09h
in
News
by KMFSLLP
Pandemic compounds problems for already-struggling low earners, studies show
...
Posted at 22:45h
in
News
by KMFSLLP
The U.S. Federal Reserve
eased the terms of its "Main Street" lending program on Monday,
cutting the minimum loan size in half to $250,000 and
lengthening the term by a year to encourage more businesses and
banks to participate.
Posted at 22:28h
in
News
by KMFSLLP
* Soybeans correct after week of strong export sales to
China
...
Posted at 22:06h
in
News
by KMFSLLP
The Federal Reserve's most ambitious and
complicated crisis relief program is set to launch in coming
days but it is far from certain that the small and mid-sized
businesses the $600 billion "Main Street Lending Facility" is
meant to help will come clamoring for loans.
...
Posted at 20:45h
in
News
by KMFSLLP
General Electric Co said on Monday
it reopened portions of its prior debt offerings for $3 billion
in total proceeds to boost its cash reserves amid the
coronavirus crisis.
...
Posted at 20:22h
in
News
by KMFSLLP
On the same day that the Nasdaq marked a
new bull market, the U.S. economy was officially declared to be
in a recession. The two milestones on Monday illustrate how an
11-week surge in stocks has occurred despite widespread economic
devastation fueled by the coronavirus pandemic.
Posted at 19:39h
in
News
by KMFSLLP
Surging technology and communications
stocks have put the Nasdaq on the cusp of confirming that it is
in a new bull market just 16 weeks after coronavirus fears
smashed stocks and threw the U.S. economy into recession.
Posted at 18:50h
in
News
by KMFSLLP
Ire among people of all ethnic backgrounds throws up new challenge for UK politicians
...
Posted at 18:32h
in
News
by KMFSLLP
Boris Johnson sympathetic to calls for relaxation of rule to boost the economy
...
Posted at 18:14h
in
News
by KMFSLLP
Telefonica's German division
has signed a deal to sell thousands of phone masts for
1.5 billion euros, the latest move by a telecom operator to
generate cash from its assets in preparation for investment in
next-generation 5G internet.