During a meeting earlier this month, Federal Reserve officials took part in an extensive discussion of their asset purchase program, with some members saying they expected to implement several changes. The Fed released a few minutes from its November 4-5 policy meeting on Wednesday. Officials at that meeting voted to …
Read More »Unemployment benefits: Another 778,000 Americans filed claims for the first time last week
That was more than the 3535ists, 000 initial job claims economists expected, and even more than the 74,748,000 revised last week. It’s the second straight week that first-time claims have escalated. This is the first time in two consecutive weeks that unemployment claims have been made since the end of …
Read More »Gap, Nordstrom, Dell Technologies and more
A man walks into an open Nordstrom store for business as he enters New York City on June 29, 2020, following the second phase of the reopening of New York City following the coronavirus epidemic. Rob Kim | Getty Images Check out the companies making headlines after hours on Tuesday. …
Read More »Epidemic encourages universal basic income and job security tests
“It was considered a kind of socialist idea in some areas,” said Jarden, a member of the Centrist Liberal Democrats. “Covid-19 has been [a] Game changer, “Jardine said.” This means that we have seen the suggestion of universal basic income in a completely different light. “In his opinion, the idea …
Read More »Singapore publishes third quarter 2020 GDP, economic data
A man in a mask walks in the background on April 1, 2020, walking on Marina Bay Sands in Singapore’s Central Business District. Suhaimi Abdullah | Getty Images SINGAPORE – Singapore’s economy contracted 8.8 percent in the third quarter from a year earlier – better than initial estimates, the country’s …
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