OTTAWA – Canada’s deficit is growing at the fastest rate in developed countries as it seeks to boost its economy during the Covid-19 epidemic. Canadian officials are betting that the aggressive approach will pay off, focus on the number of jobs already received, and argue that the country can finance …
Read More »Come back to tech stocks and help drive the S&P 500’s growth toward the end of the year, the strategist said.
Investors in stocks can be forgiven for some of the fatigue that is appearing on Monday, the last day of what has been a blockbuster month for stocks. S&P 500 SPX, + 0.24% And Dow Industries DJIA, + 0.12% Down has been set for its best November since 1928, with …
Read More »Manucci has refused to extend some Fed emergency financing programs
Treasury Secretary Steven Munuchi refused to extend some of the emergency loan programs jointly established with the Federal Reserve, which is due to expire on December 31. The Fed’s corporate credit, municipal financing and main street financing programs will not be renewed, Mr. Muchin said Thursday. The central bank expressed …
Read More »American Airlines and BA trial free covid test on trans-Atlantic flights instead of trial quarantine rules
American Airlines and British Airways will conduct free COVID-19 tests. Andrew Caballero-Reynolds / Agency France-Press / Getty Images American Airlines AAL, + 9.97% And British Airways IAG, + 48.4848% U.S. And the U.K. In an effort to persuade governments to start a coronavirus test trial the test could resume international …
Read More »Here are the unpleasant surprises awaiting stock investors next year, says the money manager
Thomas H., president and chief executive of Equity Logic’s Stock Traders Daily. Key Jr. says that while there could be a big price of optimism in the markets, the rest of the year probably won’t see a decline in the big market. But it’s coming in 2021, he tells MarketWatch, …
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