The Federal Reserve will have to support the economy because the recovery from the coronavirus pandemic “will be slow,” a top official at the central bank said Friday. “There’s more pain we need to support the economy,” Loretta Mester, president of the Cleveland Fed, told CNBC’s Steve Liesman during an …
Read More »Stock futures flat in the night trading as Wall Street seems to be taking a week off for record
Futures tied to key U.S. stock benchmarks were flat in trading overnight Thursday as Wall Street tries to build on its record-breaking rally. The futures of the Dow Jones Industrial Average received just 30 points. The S&P 500 futures and the Nasdaq 100 futures were not much changed. The S&P …
Read More »NYSE gets approval for cheaper IPO alternative for companies amid SPAC boom
The New York Stock Exchange has won the approval of regulators to allow companies new shares through direct listings, creating a cheaper alternative to the traditional first public offering. The Securities and Exchange Commission said Wednesday night in an order that it approved a new type of direct listing where …
Read More »Another 1 million jobseekers face unemployment benefits as coronavirus pandemic continues to hit economy
People wear their face masks waiting in line for an emergency food distribution at 88th Street Temple Church of God in Christ on April 14, 2020 in Los Angeles, California, during the coronavirus pandemic. Frederic J. Brown | AFP | Getty Images The number of Americans who first filed for …
Read More »Google offers 100,000 scholarships: how to get one
Google (Photo illustration by Jakub Porzycki / NurPhoto via Getty Images) NurPhoto via Getty Images Google now offers 100,000 scholarships. This is how you can get one. This is what you need to know. Google scholarships Google is giving away 100,000 scholarships so you can earn a certificate online in …
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