Economics/Domestic
Boeing to Suspend Production at its Puget Sound Facilities Due to COVID-19 Pandemic
The Boeing Company (NYSE: BA) is one of the companies that suffered most losses from the COVID-19 pandemic. The stock of the Company fell to about $105 a share (as of Monday) from highs of $315 a share just one month ago. On Friday, the Company...
The Federal Reserve Cuts Rates to Near Zero, Markets Fall
The financial markets in freefall Monday morning after the Federal Reserve announced on Sunday that it slashing interest rates by a full percentage point to near zero and said it would buy $700 billion in Treasury securities. This is an...
Michael Bloomberg’s Plan to Fight Corporate Crime and Attack Wall Street
Which impact Brexit has on markets?
Dow Surges to Record Highs After China cut Import Tariffs
U.S. markets continued their bullish run on Monday as the Dow Jones Industrial Average reached record-highs once again after gaining 114.73 points or 0.40% after China decided to cut import tariffs. The S&P 500 Index 4.88 points or 0.15%,...
Dow Jones Smashes Record Highs, Fourth Consecutive Week of Gains
U.S. markets have been bullish during the month of December. On Friday morning, the Dow Jones extended by 95.97 points or 0.34%, gaining over 1,100 points in the month of December so far. The S&P 500 Index edged higher by 13.41 points or...
U.S. Markets Reach All-Time High on Optimism Around U.S.-China Deal
U.S. markets continued its bullish run leading into Monday, lifted by upbeat optimism revolving around a possible U.S.-China trade deal. The Dow Jones was lifted by 126.94 points or 0.45% during late afternoon trading sessions on Monday. The...
Feds Leave Rates Steady and Hint Pause in 2020
The Federal Reserve held interest rates steady at its December meeting on Wednesday, halting a series of rate cuts that lifted markets and countered recession fears amid the ongoing trade tensions between the U.S. and China, according to CNN....
U.S. Markets Bounce Around as Trade Talks Weigh In
U.S. markets bounced around on Tuesday morning as investors and analysts continued to digest trade talks between the U.S. and China. The Dow Jones Industrial Average initially fell by as much as 100 points at the opening bell. However, late...
U.S. Markets Roar on Better-Than-Expected November Job Reports
U.S. markets roared on Friday after a better-than-expected employment report for November. The Labor Department reported that the economy created 266,000 jobs, lowering unemployment rates to 3.5%, a 50-year low. The Dow Jones Industrial Average...
U.S. Markets Notch Record High on U.S.-China Trade Talks
U.S. markets rose on Tuesday morning as investors continued to focus on the development of the U.S.-China trade talks. Additionally, an upbeat assessment of the economy from Federal Reserve Chairman Jerome Powell also fueled the market. The Dow...
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