Markets

Insurance Companies Announce They'll Be Returning Premiums

Insurance Companies Announce They'll Be Returning Premiums And if you're already paid in full, Progressive will return the money to the payment account on file. This allows customers to keep the same auto insurance premiums for the next 12-month policy term. Customers don't need to apply for the refund, as it will be automatically refunded through the client's payment method or on the mobile app. Customers should update their payment information if it h... [Full Article...]

US Consumer Prices Tumble 0.4% in March

US Consumer Prices Tumble 0.4% in March The so-called core CPI had increased 0.2% for two straight months. Indices for new vehicles and apparel purchase also fell, as consumers practiced social distancing and avoided shopping . A substantial consumer price index increase would indicate that inflation has become a destabilizing factor in the economy, potentially prompting The People's Bank of China to tighten monetary policy and fiscal ... [Full Article...]

COVID-19: Some Could Now Start Getting Stimulus Checks By Direct Deposit

COVID-19: Some Could Now Start Getting Stimulus Checks By Direct Deposit There has been a lot of concern that many people who aren't required to file a tax return will have to wait for their payments. The covid-19 pandemic and associated stay-at-home orders have made it hard for people to meet with tax professionals to help them prepare their returns. [Full Article...]

Fed will lend up to $2.3 trillion amid coronavirus crisis

Fed will lend up to $2.3 trillion amid coronavirus crisis Coronavirus outbreak: Live updatesThat is a stunning reversal from historically low unemployment in the world's largest economy, forced to shut down to stop the spread of COVID-19. Powell said during a virtual address on Thursday that there is "every reason to believe that the economic rebound when it comes can be robust". "Google searches for "file for unemployment" are now falling consistently... [Full Article...]

Saudis, Russians "Close To Deal", Says Donald Trump As Oil Prices Plummet

Saudis, Russians And far from signalling any readiness to offer support, U.S. President Donald Trump has threatened Saudi Arabia if it did not fix the oil market's problem of oversupply. OPEC+, which started its video call at 14:25 GMT, said it was debating introducing cuts gradually for a period that would last at least two years - much longer than initially expected and possibly allowing the United States to j... [Full Article...]

Bernie’s Former Press Secretary Uses Tucker Carlson Clip to Hit Biden

Bernie’s Former Press Secretary Uses Tucker Carlson Clip to Hit Biden So while we are winning the ideological battle and while we are winning the support of so many young people and working people throughout the country. While Sanders has now officially suspended his campaign, he said his name will remain on futur primary ballots to retain and gather delegates to give him leverage at the convention for the causes his campaign had sought to foster. [Full Article...]

EU finance chiefs agree on €540 billion virus rescue package

EU finance chiefs agree on €540 billion virus rescue package USA deaths due to coronavirus topped 15,700 on Thursday (April 10), according to a Reuters tally, although there are signs the pandemic might be nearing a peak. "If we do not seize the opportunity to put new life into the European project, the risk of failure is real", Italian Prime Minister Giuseppe Conte told the BBC, suggesting the very future of the EU was at stake. [Full Article...]

Federal Reserve announces details for $2.3T Main Street Lending Program

Federal Reserve announces details for $2.3T Main Street Lending Program Federal Reserve Board Chairman Jerome Powell speaks during a news conference on May 1, 2019 in Washington, D.C. The Federal Reserve unveiled a historic $2.3 trillion plan on Thursday to aid businesses and state governments during the coronavirus pandemic. [Full Article...]


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