Month: July 2020
by Fitch cuts US outlook as federal deficit climbs
Rating agency predicts government debt will reach 130% of gross domestic product in 2021
The jobs report and congressional politics may matter more for markets than earnings in the week ahead
The market could lose some exuberance as the calendar turns to August, and investors await Friday’s July employment report.
A surge in evictions could turn into financial crisis, economist warns
“This really could be catastrophic, and it extends beyond just the rental industry,” said Tendayi Kapfidze, chief economist at LendingTree.
Here’s what happened to the stock market on Friday
The S&P 500 rose on Friday amid a strong rally in some of the biggest technology companies.
Earnings: Housing is on fire, but apparel and restaurants are struggling
Earnings season may appear to be going well, but beyond Big Tech and some other obvious winners, many companies are struggling.
S&P lifts outlook on EU credit rating
EU’s rating has gained more significance since bloc laid out joint issuance plans
US real yields hit minus 1% as economic outlook darkens
Investors pile into safe government bonds as coronavirus surge continues
Gold bond issue price fixed at Rs 5,334 per gram
The Sovereign Gold Bond Scheme 2020-21-Series V will be opened for subscription from August 3-7, 2020.
The $600 unemployment boost has ended. What’s next?
The $600 weekly enhancement to unemployment benefits ended Friday. Lawmakers are trying to figure out what comes next as millions of Americans brace for a …
What to do if you’re at risk of eviction now that the CARES Act moratorium has ended
If you’re facing eviction during the pandemic, you’re definitely not alone. Follow these steps.
Glencore trading arm expects bumper results on back of oil turmoil
Profits from investing in cheaper crude in March and April set to soften blow from coal downturn
Under Armour CEO Patrik Frisk says ‘tentative’ shoppers are here to stay thanks to pandemic
“We think that kind of tentative approach from the consumer is going to stay,” Under Armour Chief Executive Patrik Frisk said.
Edelweiss voluntarily withdraws from LIC pre-IPO transaction advisor selection
It had gone through the three-stage process and was among the five finalists, of which two would be selected. The other companies that are still …
Special needs families face increased financial pressure in Covid-19 crisis. This can help
For millions of students with disabilities and special needs in U.S. public and private schools, remote learning has created increased financial pressure for families. Workplace …
This is how your unpaid debts are handled if you pass away
If a person dies with outstanding debts, exactly what happens to those unpaid obligations depends on various factors including the type of debt, whose name …
Grasp this chance to revive the public markets
Governments should foster the new Covid-19-related enthusiasm for shares
Amundi’s 10-year profit growth streak at risk
Weakness in French and Italian markets during opening half outweighs gains in Asia