President-elect Joe Biden has chosen former Federal Reserve Chairman Janet Yellen as Treasury Secretary, a historic decision that could make her the first woman to lead the department, say people familiar with the matter. Yellen, 74, is seen as a politically “safe” choice for the role, which is likely to …
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Dow Jones Industrial Average futures traded slightly lower on Sunday night as a growing number of Covid-19 cases continued to rise in the markets. Dow futures contracts fell 66 points, or 0.2%. The move suggests an initial reduction of about 50 points. S&P 500 futures fell 0.1%, while Nasdaq 100 …
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Treasury Secretary Steven Munuchi on Friday rejected his department’s decision to pull the plug on several Federal Reserve programs, saying there was still plenty of money left to fund where needed. “It was a very simple matter. We are pursuing the purpose of Congress,” Amnuchin told CNBC’s Jim Kramer during …
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New York, July 9, 2020 After a coronavirus outbreak (COVD-19) outbreak, a woman carries a shopping bag from Macy’s department store in Midnight Manhattan. Mike Seger | Reuters U.S. Retail sales rose less than expected in October and could slow further, preventing the new Covid-19 infection and leaving millions of …
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Traders work on the floor of the New York Stock Exchange. Source: NYSE U.S. on Sunday night. Stock futures rose as traders assessed sharp market circulation which led to mixed weekly performance last week. Dow Jones Industrial Average futures were up 101 points, or 0.3%. S&P 500 futures are up …
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