U.S. The stock futures went ahead with several earnings representations and testimonies made by Janet Yellen in which she is expected to support higher coronavirus relief costs. Futures linked to the S&P 500 rose 0.6%, pointing to a rally after the opening bell. Those joining the Nasdaq-100 added 0.9%, suggesting …
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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 …
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Citigroup was fined by federal banking regulators on Wednesday Inc. C 0.97% Million 400 million and ordered the country’s third-largest bank to improve its risk-management systems, citing “significant ongoing shortcomings.” The consent order, approved by the board of New York Bank, blamed Citigroup for a reduction in “various areas of …
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Treasury Secretary Steven Mnuchin says the Trump administration’s goal is a stable US dollar, while, separately, he notes that some foam is seeping into the stock market that has risen from its coronavirus lows to end of march. “ “Clearly there are some individual stocks, I’m not going to mention …
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Text size Daniel Slim / AFP via Getty Images American Airlines Group and other companies are queuing for more rescue funds under the Care Act, as the industry faces an increasingly precarious situation due to an increase in coronavirus cases. Five major airlines signed a letter of intent with the …
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