Dollar drops after Fed launches new loan program
The dollar dropped broadly on Thursday after the Federal Reserve rolled out a $2.3 trillion effort to bolster local governments and small and mid-sized businesses...
U.S. Treasury’s Mnuchin says airline aid ‘next big thing’ to be rolled out
U.S. Treasury Secretary Steven Mnuchin said on Thursday that aid for airlines will be the “next big thing” to be rolled out after the Federal...
U.S. jobless claims exceed six million for second straight week
The number of Americans seeking unemployment benefits in the last three weeks has blown past 15 million, with weekly new claims topping 6 million for...
Fed rolls out $2.3 trillion to backstop “Main Street,” local governments
The U.S. Federal Reserve on Thursday rolled out a broad, $2.3 trillion effort to bolster local governments and small and mid-sized businesses in its latest...
Futures turn higher after Fed stimulus, jobless claims data
U.S. stock index futures turned higher on Thursday after data showed jobless claims fell last week and the Federal Reserve rolled out a broad $2.3...
Fed rolls out $2.3 trillion to backstop “Main Street,” local governments during crisis
The U.S. Federal Reserve on Thursday rolled out a broad, $2.3 trillion effort to bolster local governments and small and mid-sized businesses in its latest...
Bloomin’ Brands, Jana Partners agree to nominate two new directors
Bloomin’ Brands Inc and Jana Partners said on Thursday they have agreed to add two new independent directors to the Outback Steakhouse owner’s board, months...
U.S. weekly jobless claims top 6 million for second straight week
The number of Americans seeking unemployment benefits in the last three weeks has topped 15 million, as weekly new claims topped 6 million for the...
IMF chief says pandemic will unleash worst recession since Great Depression
The pandemic sweeping the world will turn global economic growth “sharply negative” in 2020, triggering the worst fallout since the 1930s Great Depression, with only...
Futures dip ahead of weekly jobless claims, OPEC+ meeting
U.S. stock index futures edged lower on Thursday as investors braced for another staggering weekly jobless claims number, while oil prices rose on hopes of...