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  • Stocks Rise as Hopes Build for More Stimulus -- 2nd Update

    Stocks rose as social unrest across the U.S. showed signs of calming and investors bet economic activity will improve with the ebbing of coronavirus infections and additional government stimulus. Investors favored shares that have been battered during the market turmoil this year, suggesting their growing optimism about economic prospects. The S&P 500 advanced 42.05 points, or 1.4%, to 3122.87.

  • LIVESTOCK HIGHLIGHTS: Top Stories of the Day

    Chicken Industry Executives, Including Pilgrim's Pride CEO, Indicted for Price Fixing. Four chicken industry executives were indicted Wednesday for allegedly conspiring to fix prices on chickens sold to restaurants and grocery stores, the Justice Department's first charges in a continuing criminal antitrust probe. The one-count indictment, returned by a federal grand jury in Colorado, allege current and former senior executives at Pilgrim's Pride Corp. and Claxton...

  • GRAIN HIGHLIGHTS: Top Stories of the Day

    Soybeans Up as Export Sales Build. Soybeans for July delivery rose 0.8% to $8.57 1/ 2 a bushel on the Chicago Board of Trade Wednesday as the USDA confirmed another export sale of U.S. soybeans this morning, boosting the market's confidence that the phase one trade deal is still in force. Wheat for July delivery rose 0.8% to $5.12 a bushel.

  • Government backstop grows to 98% of new financing in residential mortgage-bond market during pandemic

    COVID-19 has "completely upended" progress toward reducing government's hold on mortgage finance, says Barclay's Dennis Lee. The U.S. government has guaranteed nearly all new home loans in the $11 trillion housing debt market in the months since the coronavirus tool hold across American, a situation that isn't likely to change soon, according to Barclays. For decades, the majority of all U.S. home loans have ended up bundled into mortgage-backed securities that are sold to...

  • Spectrum Gaming Group Names Juliann Barreto Chief Financial Officer and Chief Administrator

    HORSHAM, Pa., June 3, 2020  Juliann Barreto has been named Chief Financial Officer and Chief Administrator for Spectrum Gaming Group. Barreto's extensive experience has played a significant role in assisting clients worldwide with economic regulation and policy within both the casino gaming and hospitality industries.

  • Lockdown Winners and Losers Shouldn't Both Be Rallying

    How much longer will the Covid-19 crisis hamper the global economy? The stock market is giving investors a confusing answer. As the extent of the pandemic became clear in February and March, the winners and losers predictably moved in opposite directions: companies that depend on the ability to travel or assemble for large gatherings watched their share prices crater while the "stay at home" trade flourished.

  • Stocks Rise as Hopes Build for More Stimulus -- Update

    Stocks rose Wednesday as social unrest across the U.S. showed signs of calming and investors bet economic activity will improve with the ebbing of coronavirus infections and additional government stimulus. Investors favored shares that have been battered during the market turmoil this year, suggesting their growing optimism about prospects for the economy. The S&P 500 advanced 42.05 points, or 1.4%, to 3122.87.

  • States reopen after coronavirus lockdowns: Florida joins list of states putting bars back in business

    U.S. states all have their own definition of' reopening'. Bars and entertainment venues in Florida can reopen on Friday, the latest easing of restrictions by states as the number of new coronavirus cases nationwide continues to fall. Ron DeSantis came on the same day that New Jersey Gov.

  • NAM TAI PROPERTY INC. Reports Corporate Development Achievements and Outlook

    SHENZHEN, China, June 3, 2020 Nam Tai Property Inc. (NTP) is pleased to report the development achievements and outlook of the Company.

  • Coronavirus Stimulus Funds Are Largely Depleted After Nine Weeks--3rd Update

    WASHINGTON-- Nine weeks after Congress approved its largest-ever economic relief measure to counter the coronavirus pandemic, most of the direct cash assistance aimed at keeping the economy afloat has been spent or committed. The so-called Cares Act included a projected $1.2 trillion in direct aid, ranging from expanded unemployment benefits and forgivable business loans to cash payments for households, hospitals, cities and states. Congress topped up that sum in April with...

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