Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
New York Fed’s Williams says full economic consequences of coronavirus still unknown
(Reuters) - The Federal Reserve took "bold action" to shore up markets disrupted by the coronavirus pandemic and launched an unprecedented level of open market operations, but the full scale of the vi...
Apr 16, 2020
U.S. rejects most Spirit, JetBlue requests to halt additional flights
WASHINGTON (Reuters) - The U.S. Transportation Department said on Thursday it had rejected most requests by Jetblue Airways Corp and Spirit Airlines to halt additional flights in the wake of the pande...
Apr 16, 2020
Americans are spending coronavirus checks on rent and groceries
By Jonnelle Marte (Reuters) - When Jessica Rosner saw the $1,200 coronavirus relief payment from the U.S. government was deposited into her bank account Wednesday morning, the furloughed behavioral th...
Apr 16, 2020
U.S. Fed buys $59.4 billion of mortgage bonds, sells $1 bln
NEW YORK, April 16 (Reuters) - The Federal Reserve bought $59.403 billion of agency mortgage-backed securities in the week from Apr. 9 to Apr. 15, compared with $109.352 billion purchased the previous...
Apr 16, 2020
UK delays consultation on reform to flawed inflation measure
LONDON (Reuters) - Britain's government will delay until August a consultation to decide when it should fix a flawed measure of inflation, the retail price index, finance minister Rishi Sunak said in ...
Apr 16, 2020
Air traffic in Latin America falls 91% due to the coronavirus outbreak
SAO PAULO (Reuters) - Air traffic in Latin America in April has fallen 91% compared to a year earlier due to the coronavirus outbreak that fully grounded two of the region's largest airlines and cance...
Apr 16, 2020
Nissan extends U.S. production shutdown until mid-May
WASHINGTON (Reuters) - Japanese automaker Nissan Motor Co said Thursday it will extend a shutdown of U.S. manufacturing plants until mid-May, citing the ongoing impact of the COVID-19 pandemic. Nissan...
Apr 16, 2020
Exclusive: Italy sees 2020 budget deficit near 10% of GDP – source
By Giuseppe Fonte ROME (Reuters) - Italy's budget deficit will be near 10% of gross domestic product this year, a senior government official told Reuters, as Rome increases borrowing to try to soften ...
Apr 16, 2020
Fed’s Kaplan says open to doing more, but ‘moral hazard’ a concern
SAN FRANCISCO (Reuters) - Dallas Federal Reserve Bank President Robert Kaplan said Thursday he is "open minded about what else we need to do" to help the U.S. economy amid the coronavirus pandemic, in...
Apr 16, 2020
Macron warns populists could win if EU fails to launch common fund: FT
PARIS (Reuters) - Populists will win "in Italy, in Spain, perhaps in France and elsewhere" if European countries do not launch a rescue fund that can issue joint debt to cope with the fallout of the c...
Apr 16, 2020
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