April 8, 2020

Dollar creeps higher as virus worries return

The dollar found a footing on Wednesday as investors returned to safe-havens, unwinding some risk currency gains made on hopes the coronavirus crisis in Europe and […]
April 7, 2020

Trump says $70 billion in coronavirus rescue loans authorized. But where’s the cash?

Roughly $70 billion of a $350 billion pot of loans to cover the payrolls of ailing small businesses have been originated by U.S. lenders in recent […]
April 7, 2020

Amazon testing disinfectant fog at New York warehouse after coronavirus protests

Amazon.com Inc is testing the use of disinfectant fog at a warehouse in Staten Island, New York starting on Tuesday, the company told Reuters, following worker […]
April 7, 2020

United Airlines drastically cuts California flights to match demand

United Airlines Holdings Inc said on Tuesday it was temporarily, but significantly, reducing daily flying in and out of Los Angeles and San Francisco airports to […]
April 7, 2020

U.S. economy will eventually reopen but with big changes: Kudlow

The Trump administration is aiming to reopen the U.S. economy when the nation’s top health experts give the go-ahead, but Americans’ lives will be drastically different, […]
April 7, 2020

Goldman Sachs must face class action over conflicts of interest, risky mortgages

Goldman Sachs Group Inc must face a shareholder class action accusing the bank of hiding conflicts of interest, including behind-the-scenes dealings with a prominent hedge fund […]
April 7, 2020

Former Fed chief Bernanke sees bad year, no quick recovery

The U.S. economy could shrink 30% or more this quarter as stay-at-home orders aimed at slowing the coronavirus outbreak choke off business, and it could be […]
April 7, 2020

Layoffs, closures to wipe out 6.7% of working hours worldwide in second quarter: ILO

Workplace disruptions caused by the COVID-19 pandemic are expected to wipe out labor equivalent to the effort of 195 million full-time workers, or 6.7% of hours […]
April 7, 2020

Colombian businesses call for more aid after quarantine extension

Colombian businesses on Tuesday called on the government to expand measures to help companies weather coronavirus, after President Ivan Duque extended a nationwide lockdown by two […]
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