Fitch Ratings has downgraded a record 33 sovereign ratings in the first half of this year, and the agency is not yet done as the coronavirus pandemic affects government finances. James McCormack, global head of sovereign ratings at Fitch, said the agency has placed the credit ratings of 40 countries …
Read More »US payroll data provides context around Trump’s support for second-stimulus checks
The United States Congress and the Capitol Dome in Washington DC with cash and check to illustrate the coronavirus … [+] stimulus payment Getty Americans have passed their first round of stimulus checks included in the CARES Act. But the recent appearance of coronavirus It has limited the process of …
Read More »“There’s no point” excluding Chinese companies from US stock markets, says PIIE
Flags of the USA and China along Pennsylvania Avenue in Washington, DC on January 17, 2011. Andrew Harrer | Bloomberg | fake pictures The exclusion of Chinese companies from the US stock exchanges is “a futile push” that will not deny these companies access to US capital markets or harm …
Read More »School bus drivers excited, scared as the school year approaches
Schools have been closed for months, and as coronavirus cases are slowing in some states and increasing violently in others, districts are debating whether timely reopens in the fall are possible. And if in-person classes resume, what role will the venerable yellow school bus play? Buses may be half empty, …
Read More »Game plan: summary of Cramer’s ‘Mad Money’ (Thursday 7/2/20)
The stock market is not a proxy for our economy, it is a proxy for big business, Jim Cramer told his Mad Money viewers on Thursday, and in a world where small businesses are being phased out by COVID-19 restrictions. , big companies are roaring. Cramer said the current strong …
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