Tag Archives: Economic influence

Manucci has refused to extend some Fed emergency financing programs

Treasury Secretary Steven Munuchi refused to extend some of the emergency loan programs jointly established with the Federal Reserve, which is due to expire on December 31. The Fed’s corporate credit, municipal financing and main street financing programs will not be renewed, Mr. Muchin said Thursday. The central bank expressed …

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European stocks, U.S. Futures lose momentum

File – This September 2020 photo, provided by Johnson & Johnson, shows a single-dose COVID-19 vaccine being developed by the company. A.P. European stocks held lower on Tuesday, with traders losing momentum after halting key coronavirus trials waiting for earnings from some of the world’s leading banks. Stocks Europe 600 …

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Stock Futures Powell Comments, Wait ahead of economic data

U.S. Federal Reserve Chairman Jerome Powell’s scheduled visit to the U.S. on Tuesday outlined data on the economic outlook and trade deficit. There was a slight change in stock futures. Futures linked to the S&P 500 became a wave between small gains and losses. Nasdaq-100 contracts fell 0.2%. Both indices …

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US auto sales showed signs of recovery in the third quarter

U.S. in the third quarter. The recovery of the auto industry gained momentum, with coronavirus-related loos and buyers returning to the show-room from sales by auto manufacturers. Strong demand for trucks and sport-utility vehicles is leading to a comeback, which is happening much faster than expected this summer. Contributing is …

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