The Federal Reserve said Tuesday it will extend its menu of loan programs to companies, governments and individuals until the end of 2020. Originally slated to expire on September 30, the myriad facilities, ranging from small business credit to junk bond purchases, will now run through December 31. The Fed …
Read More »ECB stress tests on banks amid the coronavirus crisis
A sign of the Eurosystem’s monetary authority is located outside the headquarters of the European Central Bank. Bloomberg | Bloomberg | fake pictures Banks in the euro area could soon face difficulties if the current crisis deepens and erodes their capital positions, Andrea Enria, chairman of the European Central Bank’s …
Read More »Florida Reports More Than 8,800 New Coronavirus Cases After Exceeding New York Total
ORLANDO, Fla. – The Florida Department of Health reported 8,892 new cases of coronavirus on Monday as the deadline for Central Florida parents to select a learning model for their students that is rapidly approaching before the start of school. Monday’s positive cases bring the total of all confirmed cases …
Read More »The fall of the dollar king spreads throughout the world
(Reuters) – A rapid decline in the US dollar is reverberating around the world, adding fuel to a rebound in global momentum that has fueled prices for everything from tech stocks to gold. FILE PHOTO: Four thousand US dollars are counted by a bank counting currency at a bank in …
Read More »Pfizer Shares Rise After 2020 Outlook Improves, Reports Better-than-Expected Earnings
Pfizer’s world headquarters is located in midtown Manhattan in New York City. Drew Angerer | fake pictures Shares of pharmaceutical giant Pfizer rose in premarketing operations on Tuesday after they reported better-than-expected earnings for the second quarter and boosted their outlook for 2020, despite a 32% drop in earnings as …
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