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Stocks, bonds fall, dollar flat as Fed fears subside

By bookmueycom November 30, 2020November 24, 2020

Stock prices and bond yields fell in relatively light trading on Friday as investors reacted to dwindling aid for the U.S. economy and rising coronavirus infection rates. The Dow Jones…

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Business

Treasury’s Fed funding clawback will not ‘hamstring’ new administration: official

By bookmueycom November 29, 2020November 24, 2020

U.S. Treasury Secretary Steven Mnuchin’s decision to claw back funds from Federal Reserve coronavirus lending programs will not “hamstring” the next Treasury secretary because the move will leave nearly $600…

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Business

Dial back’ or ’emergency brake?’ New lockdowns and the U.S. economy

By bookmueycom November 28, 2020November 24, 2020

The surge in new COVID-19 infections is driving a fresh wave of restrictions in cities and counties across the United States. California’s “emergency brake,” Oregon’s “freeze,” Philadelphia’s “safer at home”…

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Business

White House’s Kudlow says he does not think U.S. economy is slowing down

By bookmueycom November 27, 2020November 24, 2020

The U.S. economy does not appear to be slowing down and a targeted coronavirus relief package is all that is warranted, White House economic adviser Larry Kudlow told Fox News…

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Business

Johnson & Johnson ordered to pay $120 million damages in New York baby powder case

By bookmueycom November 26, 2020November 24, 2020

Johnson & Johnson has been ordered by a New York state judge to pay $120 million in damages to a Brooklyn woman and her husband, after she blamed her cancer…

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Business

Top FCA, PSA investors tighten grip as merger approaches

By bookmueycom November 25, 2020November 24, 2020

Top shareholders in merging carmakers Fiat Chrysler (FCA) and Peugeot maker PSA have moved to tighten their grip on the combined business and head off any potential hostile bidders. A…

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Business

Bitcoin climbs to three-year peak, all-time high in focus

By bookmueycom November 24, 2020

Bitcoin BTC=BTSP rose to a nearly three-year high on Friday, as investors continued to scoop the virtual currency on expectations it could well exceed its all-time peak of just under…

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