July 31, 2020
“Food insecurity for U.S. households last week reached its highest reported level since the Census Bureau started tracking the data in May, with almost 30 million Americans reporting that they’d not had enough to eat at some point in the… Continue Reading…
July 28, 2020
“Shares of the company fell nearly 2% in early trading Tuesday. Still, McDonald’s said it expects to accelerate U.S. restaurant closures this year and permanently shutter about 200 locations. More than half of those are lower sales volume locations inside Walmart stores. The… Continue Reading…
May 28, 2020
“American Airlines stock fell Thursday after a letter to employees outlining planned job cuts due to the coronavirus surfaced late Wednesday. Delta Air Lines (DAL) is also preparing a round of voluntary job reductions. In the staff letter, American Airlines (AAL) said it would… Continue Reading…
April 30, 2020
“First-time filings for unemployment insurance hit 3.84 million last week as the wave of economic pain continues, though the worst appears to be in the past, according to Labor Department figures Thursday. Economists surveyed by Dow Jones had been looking… Continue Reading…
March 23, 2020
“Reserve official believes unemployment could hit 30% in the months ahead as the ongoing coronavirus pandemic – and the widespread business closures that have been adopted to stem its spread – wreaks havoc on the U.S. economy. James Bullard, president… Continue Reading…
March 13, 2020
“In an announcement Friday, the central bank said it was accelerating to Friday purchases it announced a day before. The move comes in response to market demand that the Fed act immediately to quell what has been an extraordinarily volatile… Continue Reading…
February 25, 2020
“The 10-year Treasury yield hit its lowest level since July 2016. The 30-year Treasury yield hit a record low. The move into bonds came as stocks plunged with the Dow down more than 1,000 points. The yield on the benchmark 10-year… Continue Reading…
February 21, 2020
“The 10-year Treasury note yield TMUBMUSD10Y, -3.79% was down 3 basis points to 1.495%, the lowest since last September, while the 2-year note rate TMUBMUSD02Y, -3.24% edged 1.4 basis points lower to 1.381%. The 30-year bond yield TMUBMUSD30Y, -3.26% slipped 4.2 basis points to 1.930%, falling below… Continue Reading…
February 14, 2020
“The U.S. Treasury sold $19 billion of long-term bonds with a record-low yield of 2.061% on Thursday. Not only that, but investor demand was the highest for any sale of a new bond since August 2014, according to Tom Simons… Continue Reading…
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