Markets

PPP loan recipient data reveals disappointing patterns

PPP loan recipient data reveals disappointing patterns About 600 businesses - including powerful law firms such as Boies Schiller Flexner, restaurants such as the steakhouse chain started by Ted Turner, as well as the operator of New York's biggest horse tracks - received the maximum loan amount of US$10 million, according to the data . [Full Article...]

US President-elect Biden names White House communications team

US President-elect Biden names White House communications team On Sunday night, he unveiled an all-female senior communications staff and is expected to roll out a diverse group to lead his economic team this coming week. According to The New York Times , the Biden's feline will be the first to be first cat in the White House since former President George W. Bush was in office. [Full Article...]

McConnell Rejects New Bipartisan Coronavirus Relief Proposal

McConnell Rejects New Bipartisan Coronavirus Relief Proposal There are no details on what the offer - referred to by Schumer as a "private proposal" - contained. Republicans leaders' most recent bill cost around $500 billion. "Speaker Pelosi and I sent him the proposal in a good faith effort to start, to get him to negotiate in a bipartisan way", Schumer said. At less than $1 trillion, it is less costly than a proposal meshed together by McConnell this summ... [Full Article...]

Angela Merkel ‘still hopeful’ for a Brexit deal

Angela Merkel ‘still hopeful’ for a Brexit deal The EMA was located in London until a year ago, but moved to Amsterdam as part of Britain's slow divorce from the European Union . Despite the long-delayed Brexit Deal, British Prime Minister Boris Johnson on Wednesday says the country remains committed to getting it done. [Full Article...]

Eye on high retail inflation, RBI may maintain status quo

Eye on high retail inflation, RBI may maintain status quo However, the economists believe that the next rate could take some time as the central bank has already cut the repo rate by a total of 115 bps this year to a record low of 4 per cent. "We expect an accommodative policy to continue along to set off the tremendous macro challenges that are head winding our nation", Chhabra said. According to Madan Sabnavis, Chief Economist, CARE Ratings, retail i... [Full Article...]

Stock indexes shake off a weak start and end mostly higher

Stock indexes shake off a weak start and end mostly higher Its shares rose 1.4%. Oil has raced up almost 30% over the last month. Energy rose 0.7 percent, as the best-performing group. Royal Bank of Canada, however, closed down 0.61%, as the profit beat may have already been baked into the stock price following gains on Tuesday when the first two big Canadian banks reported upbeat results. [Full Article...]

OECD sees global economy turning the corner on coronavirus crisis

OECD sees global economy turning the corner on coronavirus crisis Recent vaccine developments are the reason. The OECD said in its latest economic outlook, released on Tuesday, that the global economy will expand 4.2 percent in 2021, recovering from a 4.2 percent contraction projected for this year. The report also found that a bigger fiscal stimulus did not always translate into better economic performance, suggesting not all measures have been used "wisely... [Full Article...]

Senate GOP leader sticking with partisan virus relief plan

Senate GOP leader sticking with partisan virus relief plan Democrats declined to release details of their concessions to McConnell . "In the spirit of compromise we believe the bipartisan framework introduced by Senators yesterday should be used as the basis for immediate bipartisan, bicameral negotiations", Pelosi and Schumer said in a statement. [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503