Economy News

TOP STORIES _____________________________________________________________________________ Biden to the Rescue!  COVID up 300% Since Last Labor Day Biden to the Rescue!  COVID up 300% Since Last Labor DayIt’s Not Climate Change, It’s Democrat Leadership – NYC Residents Speak OutMany Voters Now Change Their Mind Over Biden’s Border Policies Former Secretary of State Mike…

TOP STORIES _____________________________________________________________________________ Trump Hating Crazed Nut Alec Baldwin in the Headlines for Scandal Trump Hating Crazed Nut Alec Baldwin in the Headlines for ScandalElectronic Scooters – The New Get Away Car in CrimeNYC Commercial Landlords Pulling Drastic Methods to Lure Renters Warren Buffet already stepped down and distanced himself…

Economy13 hours ago (Aug 19, 2020 01:35AM ET) (C) Reuters. MANILA (Reuters) – The Philippines said on Wednesday it has temporarily banned the importation of domestic and wild birds and their products from Australia after the presence of the highly pathogenic H7N7 avian flu virus was detected at an egg…

Economy12 hours ago (Aug 19, 2020 01:45AM ET) (C) Reuters. FILE PHOTO: Man wearing a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing SHANGHAI (Reuters) – China is widely expected to keep its benchmark lending rate steady for the fourth month in…

Economic Indicators12 hours ago (Aug 19, 2020 02:16AM ET) 5/5 (C) Reuters. Cargo cranes are seen at Keelung Port during sunset hour in Keelung, 2/5 TAIPEI (Reuters) – Taiwan will further liberalise its economy and offer more financing products, aiming to become an Asian financial and asset management hub, President…

(C) Reuters. By Mike Dolan LONDON (Reuters) – Like over-ripe fruit of late summer, Italy’s positive real long-term yields are some the last remaining in the world’s major government bond markets, and they’re being plucked fast. Italy’s sovereign borrowing premiums over German Bunds returned to pre-pandemic lows this week despite…

Economy9 hours ago (Aug 19, 2020 05:40AM ET) (C) Reuters. FILE PHOTO: The logo of the World Trade Organization (WTO) is pictured after a General Council meeting in Geneva ZURICH (Reuters) – The World Trade Organization said on Wednesday its goods trade barometer hit a record low, suggesting global merchandise…

Forex8 hours ago (Aug 19, 2020 06:09AM ET) (C) Reuters. Markets Tell the Fed It’s Finally Getting an Edge on Inflation (Bloomberg) — The $20 trillion U.S. Treasury market is giving the Federal Reserve a thumbs-up for its efforts to revive inflation after the coronavirus pandemic threatened to inflict a…

Stock Markets8 hours ago (Aug 19, 2020 06:25AM ET) (C) Reuters. FILE PHOTO: EU’s anti-fraud package presentation in Brussels By Huw Jones LONDON (Reuters) – Brexit safeguards to stop asset managers in Britain running “shell” investment funds in the European Union to retain access to its markets should be hardwired…

Economy8 hours ago (Aug 19, 2020 06:20AM ET) (C) Reuters. By Lawrence White LONDON (Reuters) – United States-based Silicon Valley Bank (O:SIVB) is midway through hiring around 80 bankers in Britain, as it bucks the trend of peers who are shrinking during the coronavirus crisis. The Santa Clara, California-headquartered lender…