Economy - Finance

'There's every reason to think' the economy can recover quickly if the government continues issuing aid, Fed chair Jerome Powell says

'There's every reason to think' the economy can recover quickly if the government continues issuing aid, Fed chair Jerome Powell says

12 minutes ago   |   Business Insider

A combination of ample fiscal aid, monetary stimulus, and public health planning can place the ailing US economy "back on the road to recovery fairly quickly," Federal Reserve...
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Why the Fed's stunning move to buy Corporate America's junk bonds is so significant

12 minutes ago   |   Fortune   |   2 articles

Fears that the Federal Reserve had run out of ammunition are proving entirely premature. The central bank astounded markets on Thursday when it announced an historic move to...
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How Greater Brand Trust Acts as an Insurance in Knowledge Commerce

How Greater Brand Trust Acts as an Insurance in Knowledge Commerce

12 minutes ago   |   Business 2 Community   |   2 articles

To your customers, when the economy goes slow or uncertain, the familiar becomes even more important. The sense of instability pushes many consumers towards what they've known...
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Exor CEO: PartnerRe Sale to Proceed Despite COVID-19

30 minutes ago   |   A.M. Best

Exor N.V.'s chief executive officer said the Italian investment group will press on with several deals, including the $9 billion sale of reinsurer PartnerRe Ltd., despite...
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US economy unlikely to recover as rapidly as it collapsed

US economy unlikely to recover as rapidly as it collapsed

35 minutes ago   |   Stl Today   |   2 articles

BALTIMORE - President Donald Trump has been telling voters that the U.S. economy will leap back to life “like a rocket,” stronger than ever after its bout with the coronavirus.
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Fed Adds to Its Tools as Economy's Lender of Last Resort

38 minutes ago   |   Economy   |   11 articles

It will provide $2.3 trillion in loans aimed at supporting businesses and households as well as state and local governments.
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AM Best Downgrades Issuer Credit Rating of PT Asuransi Jasa Indonesia

42 minutes ago   |   A.M. Best

AM Best has downgraded the Long-Term Issuer Credit Rating to “bbb” from “bbb+” and affirmed the Financial Strength Rating of B++ for PT Asuransi Jasa Indonesia ...
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Read the full memo Goldman Sachs just sent naming 4 execs to lead its private-equity investments across the merchant banking division

Read the full memo Goldman Sachs just sent naming 4 execs to lead its private-equity investments across the merchant banking division

44 minutes ago   |   Business Insider

Goldman Sachs has named Bradley Gross, Stephanie Hui, Adrian Jones and Scott Lebovitz to lead a newly formed decision-making body responsible for overseeing the firm's...
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Best Practices for Hotel Management Company CROs Responding to COVID-19 - By Kaitlin Dunn, Writer, Hospitality Sales and Marketing Association International

Best Practices for Hotel Management Company CROs Responding to COVID-19 - By Kaitlin Dunn, Writer, Hospitality Sales and Marketing Association International

48 minutes ago   |   Hotel News Resource   |   4 articles

HSMAI hosted a Hotel Management Company Chief Revenue Officer Virtual Roundtable on March 25 that focused on the impact that COVID-19 is having on hotel revenue optimization...
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A new $2.3 trillion Fed plan to buttress towns, businesses

A new $2.3 trillion Fed plan to buttress towns, businesses

54 minutes ago   |   Stl Today   |   13 articles

WASHINGTON - The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support the economy. The money will target American households and...
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Weekly Initial Unemployment Claims decrease to 6,606,000

Weekly Initial Unemployment Claims decrease to 6,606,000

The DOL reported : In the week ending April 4, the advance figure for seasonally adjusted initial claims was 6,606,000, a decrease of 261,000 from the previous week's revised... Read more ...

A new $2.3 trillion Fed plan to buttress towns, businesses

A new $2.3 trillion Fed plan to buttress towns, businesses

WASHINGTON - The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support the economy. The money will target American households and... Read more ...

Fed rolls out $2.3 trillion plan to stabilize economy

Fed rolls out $2.3 trillion plan to stabilize economy

WASHINGTON - The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support the economy. The money will target American households and... Read more ...

Best Practices for Hotel Management Company CROs Responding to COVID-19 - By...

Best Practices for Hotel Management Company CROs Responding to COVID-19 - By Kaitlin Dunn, Writer, Hospitality Sales and Marketing Association International

HSMAI hosted a Hotel Management Company Chief Revenue Officer Virtual Roundtable on March 25 that focused on the impact that COVID-19 is having on hotel revenue optimization... Read more ...

Hotels: Occupancy Rate Declined 68.5% Year-over-year to All Time Record Low

Hotels: Occupancy Rate Declined 68.5% Year-over-year to All Time Record Low

From HotelNewsNow.com: STR: US hotel results for week ending 4 April Reflecting the continued impact of the COVID-19 pandemic, the U.S. hotel industry reported significant... Read more ...

U.S. Economy Unlikely To Recover As Rapidly As It Collapsed

U.S. Economy Unlikely To Recover As Rapidly As It Collapsed

The 2020 election likely will take place as the world's largest economy is still attempting to climb back from the deadly outbreak. Read more ...

Hedge fund billionaire Paul Singer reportedly warned his employees of...

Hedge fund billionaire Paul Singer reportedly warned his employees of coronavirus more than a month before US officials started to prepare

Hedge fund billionaire Paul Singer warned of the coronavirus' effects long before many US officials. In a memo reported on by Bloomberg News , Singer told his staff on February... Read more ...

The Trump administration wants to re-open as much of the US economy as...

The Trump administration wants to re-open as much of the US economy as possible by the start of May, new report says

The White House is reportedly seeking to reopen as much of the US economy it can get open by April 30, the deadline for the end of strict social distancing measures. Trump... Read more ...

Why PR & Marketing Will Be Essential During the COVID-19 Recession

Why PR & Marketing Will Be Essential During the COVID-19 Recession

COVID-19 is delivering a body blow to PR and marketing agencies and departments. The near shut-down of the travel and conference industries, the stock market collapse, and... Read more ...

The Coronavirus Economy: How my job as a sommelier has changed through the...

The Coronavirus Economy: How my job as a sommelier has changed through the pandemic

Subscribe to Fortune's Outbreak newsletter for a daily roundup of stories on the coronavirus outbreak and its impact on global business. Over the course of her career spanning... Read more ...