The Federal Reserve building is pictured on Tuesday August 6, 2019. Caroline Brehman | CQ-Roll Call…
Category: Finance
Financial Health, Fintech, Investment, Payments
Dow drops nearly 3,000 points, as coronavirus collapse continues; worst day since ’87
Stocks fell sharply Monday — with the Dow suffering its worst day since the “Black Monday”…
Here’s what happened to the stock market on Monday
Traders work the floor of the New York Stock Exchange (NYSE) on March 5, 2020 in…
Plunging stocks triggered a key market ‘circuit breaker’ — Here’s what that means
Stocks tanked on Monday, triggering a key market-wide “circuit breaker” designed to prevent the market from…
Electronic payments look more appealing as people fear cash could spread coronavirus
Getty Images The coronavirus outbreak is prompting second thoughts about reaching for cash. As the number…
Huboo picks up investment from Maersk Growth, the venture arm of container logistics giant A.P. Moller – Maersk
Huboo, the U.K. startup that operates a multi-channel fulfilment service for e-commerce businesses of varying sizes,…
Celavet Inc. Plans Submission of Equine Tendinitis Study to FDA’s Center for Veterinary Medicine and Announces Ashlee E. Watts, DVM, PhD, DACVS as Principal Investigator
OXNARD, Calif.–(BUSINESS WIRE)– #equine–Celavet Inc. today announced Ashlee E. Watts, DVM, PhD, DACVS as principal investigator…
Stock futures drop — hit ‘limit down’ — even as Fed slashes rates; S&P 500 ETF down 9%
Stock futures were down sharply on Monday even after the Federal Reserve embarked on a massive…
Startups developing tech to combat COVID-19 urged to apply for fast-track EU funding
The European Commission put out a call Friday for startups and small businesses which are developing…
Roughly 5 million people in China lost their jobs in the first 2 months of the year
A couple wearing protective facemasks as a prevention measure against the COVID-19 coronavirus walk at a…
US recession still a risk but the central bank’s moves deserve applause, says former Fed official
The U.S. Federal Reserve‘s latest moves — which include cutting interest rates to zero — deserve…
This is a wounded, fragile stock market raging for a proper policy response
Traders work on the floor of the New York Stock Exchange, March 12, 2020. Brendan McDermid…
Treasury yields fall after Fed cuts rates and launches new quantitative easing program
A trader sits on the the financial floor at the CME Group Inc.’s Chicago Board of…
Powell says the Fed doesn’t see negative rates as ‘appropriate’ policy for the United States
Federal Reserve Chairman Jerome Powell said Sunday that it’s unlikely that central bank will entertain negative…
Plunging stock market futures hit ‘limit down’ — Here’s what that means
A trader reacts as he works on the floor of the New York Stock Exchange (NYSE)…
Trump applauds Fed’s move to slash interest rates and says investors ‘should be very thrilled’
US President Donald J. Trump declares a national emergency due to the COVID-19 coronavirus pandemic, in…
Under-the-radar trend suggests the US may avoid a recession during the coronavirus crisis
Economic forecaster Lakshman Achuthan is seeing an encouraging market pattern that indicates the economy may avoid…
Even the world’s biggest hedge fund was caught flat-footed by the coronavirus market sell-off
Ray Dalio, Bridgewater Associates Founder, President & CIO. Anjali Sundaram | CNBC Bridgewater Associates, the largest…
Bank of America CEO Moynihan says ‘we’re in a war to contain this virus’
US President Donald Trump gestures as CEO of Bank of America Brian Moynihan (L) speaks during…
The Federal Reserve has taken massive steps to help markets. Here’s what’s left in its arsenal
Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in…