All posts by: r4ibom

Economic activity increased modestly across the U.S. over the last two months of 2020, although four of the 12 Fed districts described activity as flat or declining, according to the Fed’s Beige Book survey of economic conditions.

U.S. stock benchmarks trade mostly just above the neutral line as investors gird for a House vote on impeaching President Donald Trump, a week before he is set to leave office.

The U.S. set another grim milestone in the coronavirus pandemic on Tuesday, when more than 4,400 COVID-19 patients died, the most in a single day since the start of the outbreak, and experts said that with cases continuing to accelerate, the worst is still to come.

Affirm Holdings Inc. shares are surging in midday trading Wednesday after the financial-technology company made its public debut.

Shares of Exxon Mobil Corp. rose Wednesday, putting them on track for the longest win streak in 16 months, after J.P. Morgan analyst Phil Gresh turned bullish on the oil giant for the first time, citing an improved financial outlook and more reasonable valuation.

Savers are borrowing and withdrawing from retirement plans, survey shows

The most effective stimulus for the economy would be a large and well-targeted public infrastructure spending program, not another $2,000 check that will be saved and not spent.

As an unprecedented second impeachment of President Donald Trump looms Wednesday, market participants appear mostly unperturbed but mindful of what is shaping up to be a historic moment in U.S. politics.

The Home Depot co-founder and long-time GOP donor said the riots were ‘disgraceful’

The coronavirus situation in the U.K. is far more pervasive now than in March 2020 when the country first locked down, but the population is traveling outside their homes much more.

This man writes, ‘I love her dearly, but I am really concerned.’

Sales of electric vehicles by European car makers accelerated rapidly in 2020, amid governments offering generous incentives to trade in gas guzzlers for cleaner alternatives.