U.S.-based stock funds post $3.2 billion weekly inflow: Lipper
U.S.-based stock funds posted $3.2 billion in inflows in the week ended on Wednesday, according to Lipper....
S&P gains as investors juggle pandemic fears with recovery prospects
The S&P edged higher on Thursday as investors weighed the prospect of additional stimulus and states reopening for business against bellicose remarks from President Donald...
Lufthansa restores routes, targets 1,800 weekly flights
Lufthansa plans to resume flights to destinations including Los Angeles, Toronto and Mumbai next month as it begins to restore some of the capacity grounded...
Seven weeks into coronavirus lockdowns, Fed has a new, darker message
One Thursday morning seven weeks ago, Federal Reserve Chair Jerome Powell made a rare appearance on NBC’s “Today Show” to offer a reassuring message to...
Lower-income workers hit harder by coronavirus job losses, Fed survey finds
The coronavirus crisis drove a dramatic weakening in American households’ finances as millions of people lost work or had their hours or pay reduced, with...
Second layoffs, backlogs wave keeps U.S. jobless claims sky high
The novel coronavirus crisis continues to pummel the U.S. labor market, with the number of Americans filing for unemployment benefits falling less than expected last...
Wall Street drops on trade war fears, economic worries
Wall Street’s main indexes were lower in choppy trading on Thursday, as renewed worries about Sino-U.S. trade relations added to fears of an extended economic...
Goldman Sachs to buy boutique wealth management custodian Folio
Goldman Sachs Group Inc plans to buy a boutique wealth management custodian and technology company called Folio Financial Inc for an undisclosed amount of money,...
Most Ford U.S. dealers got federal payroll protection loans: COO
Most of Ford Motor Co’s U.S. dealers received payroll protection loans from the U.S. government amid the coronavirus pandemic, the automaker’s chief operating officer said...
Fed: Lower-income workers and less educated facing more job losses caused by coronavirus
The coronavirus crisis led to dramatic changes in Americans’ finances as millions of workers faced layoffs or other cutbacks in their jobs, with low-wage workers...