The organization that in the United States says if the economy is in recession or not seems to be asleep at work. The National Bureau of Economic Research defines a recession as …
Read More »Stock futures falter ahead of Fed minutes
US equity futures tottered Wednesday as investors waited for notes from the latest Federal Reserve policy meeting for clues on how officials view inflation and the pace of the economic recovery. Futures …
Read More »GLOBAL MARKETS-Asian stocks decline from three-week highs, the dollar retreats
* MSCI ex-Japan reverses initial gains, falls from 3-week high * China and Hong Kong stocks down, CSI300 down 1% * The dollar softens to two-week lows. * Crude oil prices rise …
Read More »Stock futures lower after indices hit record highs
US equity futures fell on Tuesday, indicating that the major indices may take a breather after signs of a rapid economic recovery took them to record highs. Futures pegged to the S&P …
Read More »Here’s why investors should be looking at old-tech stalwarts right now, says this money manager
Excitement for bullish employment data appears to have faded a bit, with equity futures falling and investors looking for the next catalyst to drive this market higher. And in tune with what …
Read More »GLOBAL MARKETS-Stocks rally on US recovery prospects.
By Tom Westbrook, Chibuike Oguh * MSCI AxJ Index rises 0.4% to a two-week high * The US dollar index remains near a two-week low * Asian Stock Markets: tmsnrt.rs/2zpUAr4 SINGAPORE / …
Read More »Yellen pushes for a global minimum tax rate for multinational corporations
WASHINGTON – Treasury Secretary Janet Yellen advocated for a global minimum corporate tax rate on Monday, seeking the international cooperation that is crucial to fund the administration’s $ 2.3 trillion infrastructure proposal. …
Read More »The IRS wants to know everything about your Bitcoin holdings, and this subpoena is a reminder
The IRS wants Circle, a Boston-based fintech company that enables trading of various types of cryptocurrencies, to produce account registration information, account activity records, and other materials for clients who had at …
Read More »US stocks open higher on signs of an economic rebound
US equity futures rose on Monday after a strong employment report and before new data expected to show a recovery in the US services sector. Futures linked to the S&P 500 rose …
Read More »Small Business Owners Feel the Weight of Personal Debt Guarantees
The pressure is tightening for American restaurant, gym and other small business owners trying to hold out until the economy fully reopens. And unlike most large companies, the burden is often deeply …
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