The Federal Reserve on Sunday released more details of an emergency loan program that buys corporate debt, showing which US companies have benefited from its unprecedented measures to support the flow of credit into the economy. Through its loan facilities, the Fed is buying individual corporate bonds on the market …
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Benchmarks for US equities fell sharply lower on Friday morning, with major indices poised to end the week’s losses as investors analyzed a record surge in new coronavirus cases and the implications of Federal Reserve Bank stress test results announced Thursday night. How are the benchmarks working? The Dow Jones …
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No wonder there is such wide disagreement about the optimal age to start receiving Social Security. The seemingly trivial differences in the way you ask the question lead to dramatically different answers. You’ll get an answer if you frame the problem in terms of how long future retirees must live …
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The numbers: New claims for traditional unemployment benefits fell slightly last week to 1.48 million, but remain stubbornly high three months after the start of the coronavirus pandemic, signaling that an incipient economic recovery is likely to be uneven. Initial jobless claims, a rough measure of layoffs, declined in the …
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