Dow wraps up strongest three days since 1931
March 29, 2020
(Reuters) – The Dow Jones Industrial Average .DJI wrapped up its strongest three days in nine decades on Thursday as record weekly U.S. jobless claims came in below
Read MoreU.S. banks borrow at discount window after Fed offers stigma relief
March 28, 2020
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,
Read MoreU.S. auto sales in states with coronavirus lockdown orders to drop 80%: analysts
March 25, 2020
(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
Read MoreU.S. Senate bill to grant airlines bailout to weather coronavirus
March 25, 2020
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
Read MoreSenate bill set to give aviation sector up to $33 billion bailout: sources
March 25, 2020
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
Read MoreFutures rise as Washington reaches deal on $2 trillion aid package
March 25, 2020
(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
Read MoreBombardier halts most operations in Canada due to coronavirus
March 24, 2020
(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
Read MoreFed's 'bazooka' soothes dollar funding squeeze
March 24, 2020
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
Read MoreWall Street jumps on hopes of $2 trillion stimulus
March 24, 2020
(Reuters) – Wall Street jumped at the open on Tuesday as signs that Washington was nearing a deal on a $2 trillion economic rescue package gave a shot
Read MoreBoundless Fed bond-buying fuels stocks rebound, dollar recoils
March 24, 2020
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
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