United States

Report finds global economic outlook not as bad as expected

4 days ago   |   By Finance Commerce

The global economy is not doing as bad as previously expected, especially in the United States and China, but has still suffered an unprecedented drop due to the coronavirus pandemic, an international watchdog said Wednesday.
Read more ...

 

Global stocks drop after Fed's upbeat economic outlook dents chances of more stimulus

Global stocks drop after Fed's upbeat economic outlook dents chances of more stimulus

4 days ago   |   By Business Insider

Summary List Placement
Global stocks slid on Thursday, while the dollar edged up, after the US Federal Reserve gave no indication that any new stimulus measures would be forthcoming, as the economy continues to recover from the effects of the coronavirus pandemic.
In its last meeting before US presidential elections in November, the Fed raised its forecasts for US economic growth, inflation and predicted unemployment will shrink faster than it expected three months ago.
"The recovery is here, it's well along," Fed Chairman Jerome Powell said at a press conference on Wednesday after the...
Read more ...

 

Global stocks retreat on lack of new Fed action

Global stocks retreat on lack of new Fed action

4 days ago   |   By Stl Today

BEIJING - Global stocks and U.S. futures sank Thursday after the Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023 but announced no additional stimulus plans.
Read more ...

 

Global stocks drop after Fed's upbeat economic outlook dents chances of more stimulus

4 days ago   |   By Business Insider

Reuters
Equities and gold slide, dollar gains after Federal Reserve ups economic forecasts, suggesting less chance of stimulus.
"The recovery is here, it's well along," Fed Chairman Jerome Powell said at a press conference on Wednesday.
S&P 500 futures fall 1.2%, pointing to a second day of losses, dollar index rises 0.1%.
"Markets always want more," Robert Carnell, regional head of Asia-Pacific research at ING, said. "But, should you keep feeding them?"
Visit Business Insider's homepage for more stories .
Global stocks slid on Thursday, while the dollar edged up, after the US Federal...
Read more ...

 


Search by Tags

   United States      Economy      China      Nation & World      Newsletter      Rate      Banks      Indices      Bank      Retreats      Retreat      Action      Futures      Actions      Future      Region      Index      Business      Market      Asia      Gold      Marketing      Markets  


Global markets lower after Wall St declines for third week

Global markets lower after Wall St declines for third week

BEIJING - Global stock markets and U.S. futures tumbled Monday after Wall Street fell for a third straight week and investors were rattled by U.S.-Chinese tension over... Read more ...

Who's changing the world this year? The clue lies in unprecedented collaboration

Who's changing the world this year? The clue lies in unprecedented collaboration

Good morning. This morning, Fortune reveals its 2020 Change the World list -more than 50 companies that are using their corporate superpowers to address major social problems... Read more ...

Walmart said it will eliminate its carbon footprint by 2040 - but not for...

Walmart said it will eliminate its carbon footprint by 2040 - but not for its supply chain, which makes up the bulk of its emissions

Summary List Placement Walmart aims to reduce its global emissions to zero by 2040, the retail giant announced on Monday - but the goal does not apply to emissions from its... Read more ...

European bank shares tumble after leaked files unveil suspicious money flows...

European bank shares tumble after leaked files unveil suspicious money flows worth over $2 trillion

Summary List Placement FinCEN investigation released on Sunday showed several banks were involved in moving more than $2 trillion worth in suspicious funds. The banks that had... Read more ...

Nikola founder Trevor Milton resigns following fraud allegations

Nikola founder Trevor Milton resigns following fraud allegations

Summary List Placement US electric truck company Nikola announced on Monday that its founder Trevor Milton is stepping down as executive chairman with immediate effect... Read more ...

Arm's cofounder says Dominic Cummings should intervene in the $40 billion...

Arm's cofounder says Dominic Cummings should intervene in the $40 billion Nvidia deal: 'He's missing his chance to build a $1 trillion tech company'

Summary List Placement Hermann Hauser, cofounder of chip designer Arm, has hit out at the UK government for failing to stop Softbank's $40 billion deal to sell the company to... Read more ...

Judge agrees to delay US government restrictions on WeChat

Judge agrees to delay US government restrictions on WeChat

NEW YORK - A judge has approved a request from a group of U.S. WeChat users to delay looming federal government restrictions that could effectively make the popular app nearly... Read more ...

‘Succession' wins best drama, while ‘Schitt's Creek' sweeps the Emmy Awards

‘Succession' wins best drama, while ‘Schitt's Creek' sweeps the Emmy Awards

“Schitt's Creek,” the little Canadian show about a fish-out-of-water family, made history at Sunday's Emmy Awards with a comedy awards sweep, something even TV greats including... Read more ...

The Latest: New Zealand to end restrictions except in 1 city

The Latest: New Zealand to end restrictions except in 1 city

WELLINGTON, New Zealand: All remaining virus restrictions will be lifted across much of New Zealand from late Monday with the exception of the largest city, Auckland, which... Read more ...

FinCEN leak paints picture of indiscriminate money laundering with help of...

FinCEN leak paints picture of indiscriminate money laundering with help of world's largest banks as govt turns blind eye

A massive leak of internal bank documents has supposedly revealed that the world's biggest financial institutions moved more than $2 trillion in suspected dirty money for... Read more ...