U.S. GDP will contract 30% in second quarter, 5% in 2020: PIMCO
The forced closure of businesses across the United States and surge in unemployment due to the coronavirus pandemic will force U.S. growth to contract by...
Fed’s Barkin: coronavirus blow to U.S. economy will be deep
The economic downturn from the coronavirus outbreak in the United States will be deep and any recovery will depend on consumers feeling safe enough to...
Bernie Sanders, who reshaped US politics, ends 2020 presidential run – The Guardian
Bernie Sanders, who reshaped US politics, ends 2020 presidential run The Guardian Bernie Sanders drops out of presidential race, making Joe Biden the Democrats’ presumptive nominee The...
U.S. Justice Department backs Google request to use part of U.S.-Asia undersea cable
The U.S Justice Department on Wednesday recommended U.S. regulators approve Alphabet Inc’s request to use part of an U.S.-Asia undersea telecommunications cable....
Bernie Sanders drops out of 2020 presidential race – New York Post
Bernie Sanders drops out of 2020 presidential race New York Post Bernie Sanders drops out of presidential race, making Joe Biden the Democrats’ presumptive nominee The Boston...
New York state reports most coronavirus cases in world, overtaking Spain: Reuters tally
New York state on Wednesday reported the most coronavirus cases in the world, overtaking Spain, according to a Reuters tally....
Oil futures higher on production cut hopes as inventory build limits gains
Crude prices edged up on Wednesday, buoyed by hopes that OPEC and its allies will strike a production cut agreement, but surging U.S. crude inventories...
U.S. oil firms likely to ‘organically’ cut four million barrels per day: regulator
OPEC members and other oil producers need to cut at least 20 million barrels per day of output, a Texas oil and gas regulator said...
Wall Street climbs on hopes of outbreak peaking, Sanders suspending White House bid
Wall Street rose on Wednesday on hopes the coronavirus outbreak in the United States was close to its peak, with health insurers boosted by Democratic...
Dow Jones CEO Will Lewis to step down: FT
The chief executive officer of News Corp owned Dow Jones, Will Lewis, is stepping down, according to a report by Financial Times on Wednesday, citing...