First-time U.S. jobless claims fall below 2 mln
Business Posted The number of American filing for unemployment benefits dropped below the 2 million mark for the first time since the health crisis forced a near shutdown of the U.S. economy in March ...
Renault shares jump after state-backed loan deal
Business Posted Renault has sealed a state-backed loan totalling 5 billion euros, sparking a big jump in its share price Wednesday. Julian Satterthwaite reports. Featured Breakingviews 20 Stories ...
Stocks rise on recovery hopes
Business Posted U.S. stocks posted gains Monday as signs of U.S. economic recovery helped offset jitters over increasingly violent social unrest amid an ongoing pandemic and rising U.S.-China tension ...
Stocks end mostly higher on Trump China comments
Business Posted The S&P 500 and the Nasdaq rallied Friday after President Trump announced new measures against China that were less severe than feared but the Dow finished lower. Conway G. Gitten ...
Vaccines more relevant than China for investors: CIO
Business Posted Wealth Enhancement Group's Jim Cahn says U.S.-China tensions may evolve into a new Cold War. But he tells Reuters' Fred Katayama that in the short term, investors will be more focused ...
Fed’s Powell to unemployed: We’re here for you
Business Posted Federal Reserve Chairman Jerome Powell sounded an empathetic tone to the tens of millions of Americans who are out of work, telling them Fed is doing what it can to get them back to w ...