Friday, August 28, 2020

How the world's top economies are faring during worst recession on record

The world's top developed economies are all officially in a recession. What happens next is far from certain.
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How the world's top economies are faring during worst recession on record
The world's top developed economies are all officially in a recession. What happens next is far from certain. Read more »
 
MGM Resorts is reportedly laying off 18,000 workers
MGM Resorts is reportedly laying off 18,000 employees it previously put on furlough in response to coronavirus spreading across the United States and causing a near-total travel shutdown. Read more »
 
Damage from Hurricane Laura is far less than initially feared
Hurricane Laura is one of the most powerful storms ever to hit the US Gulf Coast, but its path avoided major cities such as Houston and New Orleans, causing less damage — to people and their towns — than initially feared. Read more »
 
Trump wants to create 10 million jobs in 10 months. Here's why that might be tricky
President Donald Trump on Thursday pledged to create 10 million jobs in less than a year. That's a great goal, but with Covid-19 still not under control and the unpredictable path of the economic recovery, these job gains might be hard to come by. Read more »
 
Japan's Abe is out. But his economic legacy will last for decades
Shinzo Abe announced plans on Friday to cut short his stint as Japan's prime minister, citing ill health — but the legacy of his economic policies will endure for decades. Read more »
 
The Fed's new strategy could keep rates low for longer than you think
The Federal Reserve is stepping up its quest to prevent the United States from tumbling into a spiral of falling prices that is difficult to escape from. Read more »
 
 
 
 
Dow Nasdaq S&P
+161.60   +70.30   +23.46
28,653.87   11,695.63   3,508.01
+0.57%   +0.60%   +0.67%
YTD +0.40%   YTD +30.35%   YTD +8.58%
 
Biggest Winners
Carnival Corp +6.76%
 
Norwegian Cruise Line Holdings Ltd +6.25%
 
HP Inc +6.15%
 
Marathon Petroleum Corp +6.03%
Biggest Losers
Kroger Co -2.38%
 
Campbell Soup Co -2.16%
 
General Mills Inc -2.04%
 
Salesforce.Com Inc -1.89%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $42.95 -0.02 / -0.05%
Gold $1,973.00 -1.90 / -0.10%
10-yr 0.73% -0.02
Euro $1.19 +0.01 / +0.71%
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