Lagarde warns against early tightening of stimulus efforts
The European Central Bank president said on Wednesday that there was likely to be a rebound in economic activity this year driven by “expected pent-up
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Economic Activity Mostly Rose as 2020 Ended, Fed Report Shows, but Covid Casts Long Clouds
Most parts of the country reported increased economic activity as the year ended, according to the Federal Reserve’s latest anecdotal report of business conditions in
Moderna CEO says the world will have to live with Covid ‘forever’
The CEO of Covid-19 vaccine maker Moderna warned Wednesday that the coronavirus that has brought world economies to a standstill and overwhelmed hospitals will be
The Dow Slipped 8 Points, but Big Tech Stocks Powered Higher
Stocks rose Wednesday, with Big Tech was doing most of the heavy lifting. Unfortunate news relating to vaccines emerged. The Dow Jones Industrial Average dipped
The EU scheme making ‘SURE’ unemployment stays low
As the second wave of the pandemic continues, jobs and businesses across Europe are being hit hard. However many have been cushioned from the worst
Chinese tech groups set to boost country’s listless CDR market
Two big tech groups are set to give a shot in the arm to the market for Chinese depositary receipts (CDRs), once feted by Beijing
After their 2020 run-up, do convertibles make sense for 2021?
2020 was a crazy year for investors, and convertible securities had an especially wild ride. From the beginning of the sell-off on Feb. 20 to
These 3 risks mean 2021 is ‘not a time for excessive optimism’ for markets, says Pimco
Investment gurus at bond-fund giant Pacific Investment Management Company, or Pimco, warn that the path to global economic recovery in 2021 is fraught with risks.
Fed Talk of Taper Rekindles Specter of Wrenching 2013 Tantrum
Federal Reserve officials are beginning to split over when they may need to start pulling back on their massive monetary stimulus, drawing nervous glances from
What the “green” economy looks like after the coronavirus pandemic
Electric cars covered with solar panels. Solar-powered laptop and smartphone chargers. An AI-driven system to cut the energy use of a home or a factory.