Unemployed Americans turn to food banks in record numbers
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN […]
Are Chinese shoppers ready to spend? JD.com says yes
Hong Kong (CNN Business)China’s Shanghai Composite (SHCOMP) and Hong Kong’s Hang Seng Index (HSI) are cracking into bull market territory Monday as stocks surge across […]
$125 Billion Pension Fund Scrapes 11th Straight Positive Return
After returning an average of 9.76% to members in the past decade, Australia’s biggest pension fund has scraped in with a positive result in 2020 […]
Time to Get Picky as Emerging-Market Traders Question Rally
Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter Emerging-market investors are getting selective even after bonds, stocks and currencies kicked […]
China reports eight new coronavirus cases in mainland
BEIJING (Reuters) – China reported eight new coronavirus cases in the mainland for July 4, compared with three cases a day earlier, the health authority […]
Driving over air travel, takeout over cafes: Pandemic shapes consumption
Fox Business Flash top headlines for July 2 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. U.S. consumers are buying […]
Olympic Casino's asset grab unnerves European junk bond investors
AMSTERDAM (Reuters) – A sleight of hand by the owner of an Estonian gaming company is alarming investors worried that tactics used by private equity […]
Argentine Debt, Mishandling the Pandemic, European Aid: Eco Day
Welcome to Friday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help you start the day: A group of top bondholders would […]
CBO sees rapid growth in US economy starting this quarter
Kudlow: New coronavirus stimulus package is ‘large scale’ National Economic Council Director Larry Kudlow on the additional coronavirus stimulus package, June jobs number and U.S.-China […]
Top Analyst Upgrades and Downgrades: Activision, Akamai, Avis Budget, BlackRock, ConEd, DocuSign, Livongo, Nu Skin, Rio Tinto, Tesla and More
Stocks surged on Thursday after a solid jobs number for June. The stock market has been weighing a rapid rise in COVID-19 cases while the […]
Rupee jumps against US dollar in early trade
The rupee opened at 74.60 against the US dollar, registering a jump of 44 paise over its previous close. The rupee appreciated 44 paise to […]
CLSA Trader Sparks Debate on Race at China’s Biggest Brokerage
A Black trader’s attempt to start a conversation about race at China’s biggest brokerage has cast a rare spotlight on how the state-owned company is […]
Dollar turns higher as focus turns to surging coronavirus cases
NEW YORK (Reuters) – The U.S. dollar rose on Thursday, regaining its safe-haven appeal, as investors focused on the resurgence of U.S. coronavirus cases and […]
Mexican formal employment falls 82,000 in June: president
MEXICO CITY, July 2 (Reuters) – Mexico in June shed 82,000 formal jobs registered for social security benefits, President Andres Manuel Lopez Obrador said on […]
Singapore's Temasek delays annual report due to pandemic
SINGAPORE (Reuters) – Singapore state investor Temasek Holdings said on Thursday it had delayed its annual report until September as the coronavirus pandemic had affected […]
What Central Banks Have Learned From The Crisis
Subscribe to Odd Lots (Spotify) Subscribe to Odd Lots (Apple Podcasts) Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics. 34||h0&&c(“lcp”,[n[n.length-1]])}function i(t){if(t […]
Atlantic City casinos reopen in a changed pandemic world
Fox Business Flash top headlines for July 1 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. For the first time […]
Covid-19 Isn’t Killing Cash. People Are Hoarding More of It
People appear to be bunkering cash amid the coronavirus outbreak, according to a study that seeks to debunk the notion that the pandemic was hastening […]
India’s Oil Demand from Cars to Factories Limps Toward Normalcy
The world’s fastest-growing oil market is showing an uneven recovery two months after easing demand-destroying virus-control measures. Provisional fuel sales in June had climbed within […]
Remittances to Mexico jump in May to second highest level on record
MEXICO CITY, July 1 (Reuters) – Mexico saw remittances, one of its main sources of foreign exchange, jump in May to its second highest level […]
Stocks grind higher as reopening buoys employment
US private sector added 2.37M jobs in June FOX Business’ Cheryl Casone breaks down the June ADP report, which comes in below expectations at 2.37 […]
BOE’s Haskel Sees Activity Returning Faster Than Expected
The U.K. economy is seeing a “glimmer of hope” with activity returning faster than anticipated, according to Bank of England policy maker Jonathan Haskel. Employment […]
Hong Kong police make arrests under new security law
China becoming ‘increasingly arrogant’ on economy: Michael Pillsbury Hudson Institute Director of Center for Chinese Strategy Michael Pillsbury discusses unrest in Hong Kong, Chinese IP […]
Nikkei drops on gloomy BOJ tankan, COVID-19 concerns
TOKYO, July 1 (Reuters) – Japanese shares ended lower on Wednesday as the Bank of Japan’s quarterly corporate survey showed business mood dropped to the […]