June 18, 2020

Global stocks retreat on rising second wave fears

Asian stocks and Wall Street futures fell on Wednesday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic […]
June 18, 2020

Dollar and yen gain on worries about virus and economic outlook

The dollar and the yen edged higher on Thursday as growing concerns about a rise in coronavirus cases underpinned safe-haven demand for both currencies. Powered by […]
June 17, 2020

U.S. fines Copa Airlines $450K for transporting passengers between U.S., Venezuela

The U.S. Transportation Department said on Wednesday it had fined Panama’s Copa Airlines $450,000 for unlawfully transporting passengers between the United States and Venezuela via a […]
June 17, 2020

S&P closes lower as new COVID-19 cases surge

The S&P 500 closed lower on Wednesday as news of spiking pandemic data and the prospect of a new round of economic lockdowns dampened investor optimism […]
June 17, 2020

Stocks waver on rising COVID cases, dollar in safety bidding

Global equity markets closed little changed on Wednesday as a rally on economic and vaccine hopes faded, while fresh coronavirus outbreaks and rising geopolitical tensions in […]
June 17, 2020

Safe-haven dollar lifted by rise in coronavirus cases

The U.S. dollar was slightly higher on Wednesday afternoon as evidence of a surge in coronavirus cases in some U.S. states and in Beijing sent investors […]
June 17, 2020

Fed’s Powell beats drum for more government aid to bolster economy

The U.S. economy is beginning to recover from the worst of the coronavirus crisis, but with some 25 million Americans displaced from work and the pandemic […]
June 17, 2020

Americans face new coronavirus challenge: a shortage of coins

Banks across the United States are facing a shortage of coins during coronavirus crisis, prompting the U.S. Federal Reserve to ration distribution and work with the […]
June 17, 2020

Google sets 2025 goal for leadership diversity, curbs on racial profiling

Alphabet Inc’s Google on Wednesday announced new goals and policies to address racial issues at its offices, as protests over police brutality against African Americans have […]
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