Real estate agents leave a house for sale during a broker’s open house in San Francisco, California. Justin Sullivan | fake pictures Home prices continued to rise in May, albeit at a slightly slower rate than in April, likely due to the brief but sharp slowdown in home sales as …
Read More »The Fed is extending its loan programs until the end of the year.
The Federal Reserve said Tuesday it will extend its menu of loan programs to companies, governments and individuals until the end of 2020. Originally slated to expire on September 30, the myriad facilities, ranging from small business credit to junk bond purchases, will now run through December 31. The Fed …
Read More »ECB stress tests on banks amid the coronavirus crisis
A sign of the Eurosystem’s monetary authority is located outside the headquarters of the European Central Bank. Bloomberg | Bloomberg | fake pictures Banks in the euro area could soon face difficulties if the current crisis deepens and erodes their capital positions, Andrea Enria, chairman of the European Central Bank’s …
Read More »Biogen, Walgreens, Moderna, Tapestry and more
A multiple sclerosis medication is manufactured at the Biogen Idec plant in Cambridge, Massachusetts. Essdras M Suarez | The Boston Globe | fake pictures Check out the companies making headlines at noon on Monday Biogen: A Morgan Stanley analyst upgraded the biopharmaceutical company to overweight from underweight and forecast a …
Read More »Can the record price of gold continue up to $ 4,000 and up? What history tells us
Gold set a new record over the weekend as prices topped $ 1,920 per ounce, the previous all-time high set in 2011, but the momentum may not stop until $ 4,000 per ounce is withdrawn, according to Frank Holmes, CEO of US Global Investors, who based his prediction on the …
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