WASHINGTON (Reuters) – The U.S. economy likely created jobs at a record pace in June as more restaurants and bars resumed operations, offering further evidence that the COVID-19 recession is likely to have ended, albeit a surge. in coronavirus cases it threatens incipient recovery. FILE PHOTO: People line up outside …
Read More »European stocks recover, earnings in dollars before the quarter
LONDON (Reuters) – European stocks rebounded on Tuesday after a weak start, spreading optimism for the Asian session, and oil prices stabilized as investors looked for signs of an economic recovery in the second half of 2020. FILE PHOTO: The DAX chart of the German Stock Price Index is shown …
Read More »Powell, Mnuchin enters the lion’s den again to discuss the response to the pandemic
WASHINGTON (Reuters) – US lawmakers on Tuesday will have another chance to criticize the heads of the Federal Reserve and Treasury over the effectiveness of the nearly $ 3 trillion in emergency aid apportioned to stem the economic consequences of the new coronavirus pandemic . FILE PHOTO: Federal Reserve Chairman …
Read More »Powell, Mnuchin enters the lion’s den again to discuss the response to the pandemic
WASHINGTON (Reuters) – US lawmakers on Tuesday will have another chance to criticize the heads of the Federal Reserve and Treasury over the effectiveness of the nearly $ 3 trillion in emergency aid apportioned to stem the economic consequences of the new coronavirus pandemic . FILE PHOTO: Federal Reserve Chairman …
Read More »Asia sources as China’s PMI, US data encourages markets concerned about coronavirus surge
TOKYO / NEW YORK (Reuters) – Asian stocks rose on Tuesday after data showed China’s manufacturing sector grew more than expected in June, a sign of hope for a global economy still struggling to recover from the impact of the coronavirus crisis. FILE PHOTO: A man in a protective mask …
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