The Federal Reserve in its decision on Thursday set a short-term orrowing rate close to zero that showed the economy was growing but not as close as it was before the coronavirus epidemic hit. As per the broader expectation of the markets, the Fed kept its benchmark interest rate between …
Read More »
The Chancellor of the Exchequer, Shi Sunak, left 10 Downing Street after attending a Cabinet meeting on February 14, 2020. Barcraft Media LONDON – The UK’s finance minister announced on Thursday that the country’s furlough scheme, which subsidizes the wages of workers unable to work due to the coronavirus epidemic, …
Read More »
The Qualcomm logo will be unveiled at the Second China International Import Expo (CIIE) on November 6, 2019 in Shanghai, China. Reuters / Ally Song Ali song | Reuters Shares of Qualcomm rose their double-digit gains on Thursday morning after the company posted financials in the fourth quarter, stronger than …
Read More »
A woman wearing a protective face mask crosses the road in front of the Bank of England for a morning rush hour on March 17, 2020 in the city of London. The UK’s financial district is unusually quiet following a government request for people to stay away from all but …
Read More »
Jim Furley, the company’s new CEO, has promised to give Wall Street more transparency, after which Ford Motor will be available on a monthly basis as well as in the U.S. The vehicle will represent sales. The decision comes more than a year after Detroit maker Tomaker, following its crosstown …
Read More »