On Thursday, the Federal Reserve voted in favor of requiring large banks to preserve capital by suspending share buybacks and dividend payments in the third quarter. In a 4-to-1 vote, the Fed will tie dividend distribution to a formula based on recent earnings. The formula establishes the third quarter dividends …
Read More »Google says it will start paying publishers for ‘high-quality content’
LONDON (AP) – Google Goog, -0.00% He says he will start paying some publishers for his news content, in a move that could pave the way for reducing tensions between the Internet search giant and the news industry. The company said Thursday that it plans to launch a licensing program …
Read More »Google says it will start paying publishers for ‘high-quality content’
LONDON (AP) – Google Goog, + 0.18% He says he will start paying some publishers for his news content, in a move that could pave the way for reducing tensions between the Internet search giant and the news industry. The company said Thursday that it plans to launch a licensing …
Read More »Unemployment claims fall to 1.48 million, but slow decline indicates hectic economic recovery
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 …
Read More »Gold and silver penny stocks could be Robinhood traders’ next obsession, says this portfolio manager
Thursday seems weak again for stocks, with concerns of spreading the US virus. USA And unemployment claims in focus. Beating the S&P 500 for a mile has been GCQ20 gold, -0.19%, one of the best performing asset classes of the year, which recently peaked at 8 years, generating bullish predictions. …
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