A statue of Christopher Columbus on July 9, 2020 in the Astoria neighborhood in Queens Borough, New York City. Johannes Isle / Agence France-Presse / Getty Images U.S. No. Some financial markets will be open next Monday, October 12, in celebration of the federal holiday Columbus Day. When bond traders …
Read More »The minutes of the Fed’s meeting show unease among officials over the new interest rate strategy
Federal Reserve Chairman Jerome Powell arrived to speak at the “Fed Listons” event last year. Eric Bardat / Agency France-Press / Getty Images Federal Reserve Chairman Jerome Powell and his colleagues at the central bank faced skepticism and opposition in an attempt to guide markets about the future path of …
Read More »President Trump has tweeted that he will pass independent coronavirus relief aid
U.S. President Donald Trump signed executive orders to increase coronavirus economic relief during a news conference in Bedminster, New Jersey, on August 8, 2020. Jim Vatson / Agency France-Press / Getty Images President Trump said Tuesday night that he was ready to pass several independent coronavirus relief measures, including a …
Read More »Why it might be time to align your investment strategy with a disaster preparedness plan
Whenever there is a surprise in stocks, customers’ stocks usually start pouring. But recently, financial advisers have been getting more and more customers from worrying about the devastation of West Coast wildfires, which come amid the worst public-health crisis of a century this year. “We always get a lot of …
Read More »U.S. The global outlook is sharpening as consumer imports reach pre-epidemic levels
WASHINGTON – The U.S. recorded its largest monthly trade deficit since August 2006 as consumer goods imports returned to pre-epidemic levels, adding evidence of a reversal in global trade. U.S. The trade deficit widened by 5.9% to 1 1.1 billion since July, the widest gap since August 2006, the Commerce …
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