Investors are waiting for stimulus talks, new guidance from the Federal Reserve and key economic data as US stock futures rebounded on Wednesday. Futures linked to the S&P 500 rose 0.2 percent, indicating that the broad market gauge could climb the second day after New York’s opening. Nasdaq-100 futures are …
Read More »U.S. Stock futures rise on stimulus hops, vaccine rollout
U.S. Stock futures on Monday rose above optimism that talk of additional monetary stimulus is in progress and that the rollout of the Covid-19 vaccine could help stem the tide. Futures linked to the S&P 500 rose 0.7%, indicating that the broad-market index could reach a higher level after New …
Read More »U.S. Job openings slipped in early December
U.S. The number of job starts fell slightly in the first week of December, a sign of a softer labor market amid a surge in coronavirus infections and a trend of economic support to households. There were an average of 10.7 million job openings per day on site online sites …
Read More »Goldum Sachs China Securities will acquire 100% of the joint venture
Goldam Sachs Group Inc. China is moving to acquire 100% ownership of its securities joint venture, deepening its investment in the world’s second-largest economy after a 17-year partnership with domestic brokerage. New York-based bank Goldm Sachs is applying to Chinese regulators for full control of the securities and has signed …
Read More »Canada’s Covid-19 response will now cost heavily and ignore the deficit
OTTAWA – Canada’s deficit is growing at the fastest rate in developed countries as it seeks to boost its economy during the Covid-19 epidemic. Canadian officials are betting that the aggressive approach will pay off, focus on the number of jobs already received, and argue that the country can finance …
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