Category Archives: Finance

Bank of England not considering taking rates below zero: Bailey

UK Finance

FILE PHOTO: A cyclist is seen near the Bank of England as the spread of the coronavirus disease (COVID-19) continues, London, Britain, April 14, 2020. REUTERS/John Sibley May 14, 2020 LONDON (Reuters) – The Bank of England is not considering

Luckin Coffee sacks CEO, COO following accounting probe

Luckin Coffee

FILE PHOTO: A Luckin Coffee logo is seen at a closed store in Beijing, following the novel coronavirus disease (COVID-19) outbreak, China April 16, 2020. REUTERS/Tingshu Wang May 12, 2020 (Reuters) – Chinese coffee chain Luckin Coffee Inc <LK.O> fired

Take Five: Trade War II

US Economy Recovery

FILE PHOTO: Passersby wearing protective face masks, following an outbreak of the coronavirus, are reflected on a screen displaying stock prices outside a brokerage in Tokyo, Japan March 6, 2020. REUTERS/Issei Kato May 8, 2020 (Reuters) – 1/THIRD LAW OF

New York Fed says outlook for Fed balance sheet is ‘highly uncertain’ due to coronavirus

US Economy

FILE PHOTO: People walk wearing masks outside The Federal Reserve Bank of New York in New York City, U.S., March 18, 2020. REUTERS/Lucas Jackson/File Photo May 4, 2020 NEW YORK (Reuters) – The outlook for the Federal Reserve’s balance sheet

Dollar surges on worries that U.S.-China trade war will resume

US Dollar surges

FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking May 4, 2020 By Olga Cotaga LONDON (Reuters) – The U.S. dollar surged against most

U.S. processes over $500 billion in small business loans to stem coronavirus fallout

US Small Business Loans

FILE PHOTO: George Washington is seen with printed medical mask on the one Dollar banknotes in this illustration taken, March 31, 2020. REUTERS/Dado Ruvic/Illustration/File Photo May 3, 2020 (Reuters) – The U.S. Small Business Administration has processed over 3.8 million

White House adviser won’t rule out more money for states, small businesses

Larry Kudlow - on New Stimulus

FILE PHOTO: White House National Economic Council Director Larry Kudlow speaks during a “small business relief update” video conference call event with banking executives to discuss the U.S. government’s rescue program for businesses hurt by the coronavirus pandemic, in the

Wall Street set to jump at open on hopes of potential coronavirus drug

New York Stock Exchange

FILE PHOTO: The floor of the New York Stock Exchange (NYSE) stands empty as the building prepares to close indefinitely due to the coronavirus disease (COVID-19) outbreak in New York, U.S., March 20, 2020. REUTERS/Lucas Jackson April 29, 2020 By

White House official warns of negative shocks before rebound later in 2020

US Economy

FILE PHOTO: White House Council of Economic Advisers Chairman Kevin Hassett addresses reporters during the daily briefing at the White House in Washington, U.S. February 22, 2018. REUTERS/Jonathan Ernst April 28, 2020 By David Lawder and Susan Heavey WASHINGTON (Reuters)

Futures jump with focus on earnings, easing lockdowns

Wall Street

The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., April 26, 2020. REUTERS/Jeenah Moon April 28, 2020 By C Nivedita (Reuters)

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