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July 3, 2020
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BBC USA

Lionel Messi: Why Barcelona captain is becoming increasingly fed up at the Nou Camp

BBC
Lionel Messi is fed up. According to the Spanish radio station Cadena Ser, the Barcelona captain has broken off contract talks after finally running out of patience with the club because of the constant rumours and allegations that he is one of the prime reasons for unrest around the Nou......
CNBC Business

Fed officials see need for ‘highly accommodative’ policy ahead, minutes show

CNBC
CNBC – For more and to sign up click here The Federal Reserve on Wednesday released the minutes from its June 9-10 meeting, during which it held interest rates steady and said it expects loose policy to prevail until the economy gets back to normal. Officials also had an in-depth......
E! Online

Tati Westbrook Claims Shane Dawson and Jeffree Star Fed Her “Poisonous Lies” About James Charles – E! Online

eonline
Tati Westbrook dropped an explosive video this Tuesday detailing the events that led her to post the consequential video “Bye, Sister” about James Charles. Over a year has passed… E! Online – For more and to sign up click here To Return to the Main Aggregate News Page – click......
CNBC Business

The Fed is buying some of the biggest companies’ bonds, raising questions over why

CNBC
CNBC – For more and to sign up click here A woman walks past the U.S. Federal Reserve building in Washington D.C., May 21, 2020. Ting Shen | Xinhua News Agency | Getty Images As the Federal Reserve moves deeper into its purchases of corporate debt, it faces more questions......
BBC - Business

Fed acts to keep banks ‘prudent’ amid virus risks

BBC
https://www.bbc.co.uk/news/business-53187415 Image copyright Getty Images The Federal Reserve has warned that America’s biggest banks could be hit by losses of up to $700bn (£563.6bn) in a severe downturn due to the pandemic. The US central bank said it would require firms to keep money on hand to guard against the......
CNBC Business

Fed puts restrictions on bank dividends after test finds some banks could be stressed in pandemic

CNBC
CNBC – For more and to sign up click here A pedestrian passes in front of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, June 3, 2020. Michael Nagle | Bloomberg | Getty Images The Federal Reserve put new restrictions on the U.S. banking industry Thursday......
CNBC Business

The Fed said it could supply the economy with $2.3 trillion. It hasn’t come close so far

CNBC
CNBC – For more and to sign up click here A pedestrian walks past the Federal Reserve building on Constitution Avenue in Washington on March 19, 2019. Leah Millis | Reuters When the coronavirus pandemic locked up capital markets and pulled the economy into recession, the Federal Reserve took aim......
CBS US News

Dallas Fed president sees high unemployment rate through end of the year

CBS News
CBS News – For more and to sign up click here Watch CBSN Live Dallas Federal Reserve Bank President Robert Kaplan says the unemployment rate could be “as high as 8% or more” at the end of 2020. Copyright © 2020 CBS Interactive Inc. All rights reserved. Source link To......
CNBC Business

Fed adds coronavirus scenarios to this year’s bank stress tests

CNBC
CNBC – For more and to sign up click here People walk past the U.S. Federal Reserve building in Washington D.C., the United States, May 21, 2020. Ting Shen | Xinhua via Getty Images Historically unique financial conditions brought on by the coronavirus have changed the way the Federal Reserve......
CNBC Business

All-star investor Rich Bernstein warns Fed policies are setting markets up for long-term problems – and may spark a bond bubble

CNBC
CNBC – For more and to sign up click here An Institutional Investor Hall of Famer sees more trouble lurking in the market. Richard Bernstein warns unprecedented Federal Reserve policies may eventually cause serious harm. He cites near record deficits and aggressive efforts to increase the money supply among the......
Reuters - Business

Americans face new coronavirus challenge: a shortage of coins

Reuters
FILE PHOTO: A stack of one cent U.S. coins depicting Abraham Lincoln is shown in this photo Illustration in Encinitas, California March 26, 2015. REUTERS/Mike Blake SAN FRANCISCO (Reuters) – Banks across the United States are facing a shortage of coins during coronavirus crisis, prompting the U.S. Federal Reserve to......
CNBC Business

The Fed will move away from ETFs to direct corporate bond purchases, Powell says

CNBC
CNBC – For more and to sign up click here The Federal Reserve’s landmark corporate bond buying program eventually will entail mostly individual company debt rather than exchange-traded funds, Federal Reserve Chairman Jerome Powell said Wednesday. Powell made the comments before the House Financial Services Committee in the second day......
CNBC Business

Watch Fed Chairman Jerome Powell testify before House committee live

CNBC
CNBC – For more and to sign up click here [The stream is slated to start at noon ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell delivers his second day of semiannual testimony before Congress, in an......
Reuters - Business

Dollar treads water on Fed views, geopolitics

Reuters
LONDON (Reuters) – The dollar was little changed on Wednesday after U.S. retail sales rose more than expected in May, although caution kept investors from aggressively buying riskier currencies like the Australian dollar. FILE PHOTO: U.S. Dollar banknotes are seen in this photo illustration taken February 12, 2018. REUTERS/Jose Luis......
CNBC Business

Cramer channels Wall Street legend Martin Zweig: ‘Don’t fight the tape, don’t fight the Fed’

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Tuesday channeled the words of Wall Street legend Martin Zweig to make sense of the current market conditions. “I can practically hear his stentorian but low voice saying, ‘don’t fight the tape, don’t fight the Fed,'”......
CNBC Business

Powell says the Fed doesn’t want to ‘run through the bond market like an elephant’

CNBC
CNBC – For more and to sign up click here Federal Reserve Chairman Jerome Powell told a Senate committee on Tuesday that the central bank’s announced move this week to buy corporate bonds fulfills a pledge it had made earlier but is not an effort to take over the market.......
Reuters - Business

Instant View: Powell: No U.S. growth recovery until epidemic controlled

Reuters
(Reuters) – A full U.S. economic recovery will not occur until the American people are sure that the novel coronavirus epidemic has been brought under control, Federal Reserve Chair Jerome Powell said on Tuesday as he began the first of two days of hearings before U.S. lawmakers. FILE PHOTO: Federal......
Reuters - Business

Global stocks jump on Fed support, easing second wave fears

Reuters
TOKYO/HONG KONG (Reuters) – Asian shares rallied and the dollar fell on Tuesday as risk appetite was bolstered by the formal start of the Federal Reserve’s corporate bond buying programme, and earlier worries about a second wave of coronavirus infections eased. A man wearing a protective face mask, following the......
Reuters - Business

Fed launches long-awaited Main Street lending program, seeks to reach nonprofits

Reuters
NEW YORK (Reuters) – The Federal Reserve on Monday launched its Main Street Lending Program, the most complex program undertaken yet by the U.S. central bank to help keep the backbone of the economy from buckling under the strains of the coronavirus pandemic. FILE PHOTO: Federal Reserve Board building on......
Reuters - Business

Wall Street closes higher as Fed soothes recovery worries

Reuters
NEW YORK (Reuters) – Wall Street closed higher on Monday following an announcement by the U.S. Federal Reserve regarding its corporate bond purchasing program that boosted investor confidence, which had been wavering amid a spike in new COVID-19 cases. All three major U.S. stock indexes reversed losses in afternoon trading,......

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