NEW YORK (Reuters) – With encouragement from the Federal Reserve, U.S. banks have turned to a long-shunned lending facility known as the discount window to borrow $50.8 billion,
(Reuters) – Vehicle sales in U.S. states that implemented lockdown orders to curb the spread of coronavirus will drop 80% or more, analysts said on Wednesday. Auto retail
WASHINGTON/CHICAGO (Reuters) – The U.S. Senate will vote on Wednesday to give the U.S. aviation industry $58 billion in aid, half in the form of grants to cover
WASHINGTON/CHICAGO (Reuters) – A compromise $2 trillion economic rescue package that will be voted on by the U.S. Senate on Wednesday is set to give passenger airlines about
(Reuters) – U.S. stock index futures rose on Wednesday, putting Wall Street on course to extend its massive bounce from the previous session, as Washington reached a deal
(Reuters) – Bombardier pulled its 2020 outlook on Tuesday and said it would stop work at most of its Canadian operations until April 26 to help slow the spread
LONDON (Reuters) – The U.S. Federal Reserve’s efforts to shield the economy from the effects of the coronavirus have — for now – slowed a scramble for dollars
LONDON (Reuters) – Financial markets rebounded on Tuesday, with stocks and oil jumping about 4% in Europe, while the safe-haven dollar recoiled as unprecedented global stimulus efforts gained
MEXICO CITY (Reuters) – A price war between the world’s oil powerhouses is leaving many producers in Latin American struggling to cover production costs, boosting the chances of
