A statue of Christopher Columbus on July 9, 2020 in the Astoria neighborhood in Queens Borough, New York City. Johannes Isle / Agence France-Presse / Getty Images U.S. No. Some financial markets will be open next Monday, October 12, in celebration of the federal holiday Columbus Day. When bond traders …
Read More »The minutes of the Fed’s meeting show unease among officials over the new interest rate strategy
Federal Reserve Chairman Jerome Powell arrived to speak at the “Fed Listons” event last year. Eric Bardat / Agency France-Press / Getty Images Federal Reserve Chairman Jerome Powell and his colleagues at the central bank faced skepticism and opposition in an attempt to guide markets about the future path of …
Read More »Citi’s global strategists say the decline, not in gold, but in stocks
For the stock market it has been a rough September with the S&P 500 SPX. + 0.29% Below 7% so far In its broader view of the markets, Citi’s global asset allocation team doesn’t expect to find any easy facilities on the promenade, as it will be the next U.S. …
Read More »JPMorgan enters green bond pus with billion 1 billion debit deal
The San Francisco skyline, orange mist is obscured Wednesday. AFP / Getty Images JPMorgan Chase & Co. entered the green-bond world on Wednesday, dropping the first set of bank bonds specifically to fund sustainability curve projects. While the banking company has arranged debt for its customers and other companies for …
Read More »Initial job claims have dropped from 1,000,000 to 1,881,000, but leave the statistical system unchanged.
Digits: New applications for unemployment benefits fell sharply last week to an epidemic low, but the overall decline was a big change in how data is reported rather than finding more people in jobs. No progress has been made in the absence of change in the labor market. Initial job …
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