Expectations that the global economy has dodged the worst-case coronavirus pandemic scenarios have led to a dramatic sell-off in U.S. government bonds from their record highs, pushing the yield curve to its steepest level since March. Investors will get a chance next week to see whether the U.S. Federal Reserve agrees with their optimism.
Expectations that the global economy has dodged the worst-case coronavirus pandemic scenarios have led to a dramatic sell-off in U.S. government bonds from their record highs, pushing the yield curve to its steepest level since March. Investors will get a chance next week to see whether the U.S. Federal Reserve agrees with their optimism.
By William Watts and Mark DeCambre, MarketWatch. U.S. economy added a surprise 2.5 million jobs in May, unemployment rate fell to 13.3%. Stocks ended the week sharply higher on Friday after the U.S.
Biden rips president for evoking Floyd at White House event. President Donald Trump on Friday celebrated the return of 2.5 million jobs to the U.S. economy in May, and went on the attack against Democrats as surveys show him trailing behind Joe Biden among voters in key states. "We had a tremendous morning, a tremendous announcement," Trump said in a previously unscheduled event at the White House, following the surprise jobs figures.
'He has used the pandemic to commit emotional and economic abuse'. I have an estranged husband, and we have been living separately for years. He has been filing taxes jointly without my knowledge AND now he has received my stimulus money AND my kids' stimulus money.
I've tried to call the phone number for the Internal Revenue Service's stimulus help line, but no one answers. A shot in the dark here! My daughter accidentally threw away our paper stimulus check.
A Brazilian judge has suspended activities at a pork plant owned by meatpacker JBS SA in the southern Brazilian state of Rio Grande do Sul for 14 days, according to a copy of the decision seen Friday night. As part of the decision, employees in high-risk groups are to be removed immediately and doctors will be given access to medical records at the plant.
The Group of 20 rich and emerging economies has pledged more than $21 billion to fight the coronavirus, the group said early on Saturday. "The G20, with invited countries, has coordinated the global efforts to support the fight against the COVID-19 pandemic. The pledges will be directed towards diagnostics, vaccines, therapeutics, and research and development, the statement added.
Ellington Financial Inc (EFC): * ELLINGTON FINANCIAL (EFC)- DECLARES MONTHLY DIVIDEND OF $0.09 PER SHARE AND ANNOUNCES ESTIMATED BOOK VALUE PER SHARE OF $15.25 AS OF MAY 31, 2020 Source text for Eikon: Further company coverage:
Apparently eager to portray a country that's definitively back on track not only economically, with a stunner of a nonfarm-payrolls report released early Friday, but also in public health terms, the White House on Friday effectively forced reporters to abandon the Trump administration's own social-distancing guidance. Chairs for correspondents, of late placed at a remove from one another in accordance with the widely recognized recommendation to stay 6 feet away from...
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