Despite potential ground news about the coronavirus vaccine, the economy is still in danger and in need of help, San Francisco Federal Reserve President Mary Daly said Tuesday. A central bank official told CNBC that Fed officials continue to discuss what they can do to help, and that negotiations have …
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WASHINGTON (AP) – Rejecting fears of another recession, U.S. businesses hired at a solid pace in October, but they are signaling caution about the future of the economy as the epidemic worsens. The Labor Department said Friday Employers added 8,638,000 jobs and the overall unemployment rate plummeted to 6.9%, a …
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Pope Francis gave top Vatican finance officials three months to transfer their financial holdings to another office fee. Pope Francis has given the state Vatican Secretariat three months to transfer all other Vatican office fees following a three-month bundled management of millions of euros in donations and investments, which is …
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The Federal Reserve in its decision on Thursday set a short-term orrowing rate close to zero that showed the economy was growing but not as close as it was before the coronavirus epidemic hit. As per the broader expectation of the markets, the Fed kept its benchmark interest rate between …
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A woman wearing a protective face mask crosses the road in front of the Bank of England for a morning rush hour on March 17, 2020 in the city of London. The UK’s financial district is unusually quiet following a government request for people to stay away from all but …
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