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 …
Read More »Pope Francis says coronavirus epidemic has exposed capitalist flaws
Rome (AP) – Pope Francis says the coronavirus epidemic has proved that the “magic principles” of market capitalism have failed and the world needs a new kind of politics that promotes dialogue and unity and rejects war at all costs. Is. Francis on Sunday gave his vision for the post-covid …
Read More »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 …
Read More »The US economy was laden with debt before Kovid. That’s bad news for retrieval.
The coronavirus ended the longest economic expansion in U.S. history. That was not the only problem. When the U.S. The next deepest downturn was when he was overwhelmed with debt. Why does this matter? Economies that carry a lot of debt usually have a weak recovery. Businesses and consumers focus …
Read More »The so-called ’08 crisis strategist says ‘something is hiding’ is a sign of market swings
Is it time to “get out of the dodge”?Courtesy Everett Collection The ups and downs in the stock market over the past few weeks have not been pleasant for anyone – although they do help employ financial journalists. Here is another idea. The latest method may be more than just …
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