Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Current Fed bond purchases ‘appropriate’: St. Louis Fed’s Bullard
WASHINGTON (Reuters) - The Federal Reserve's ongoing government bond purchases are "appropriate" for the economy's present situation, St. Louis Fed president Bullard said on Friday, the latest signal ...
Oct 16, 2020
Exclusive: Second sovereign downgrade wave coming, major nations at risk – S&P Global
By Marc Jones LONDON (Reuters) - Some of the world's top economies could see their credit ratings cut or put on downgrade warnings in the coming months in a second global wave of coronavirus-related r...
Oct 16, 2020
BOJ, government may need new joint statement: deputy governor Wakatabe
TOKYO (Reuters) - Bank of Japan Deputy Governor Masazumi Wakatabe said on Friday it may be necessary for the central bank and the government to agree on a new joint statement that is similar to one si...
Oct 16, 2020
NY Fed’s Williams says challenging period ahead for some sectors of economy
(Reuters) - Some segments of the U.S. economy, including travel, hotels and the arts, will continue to struggle as the economy heals from the damage caused by the pandemic, but joint efforts from gove...
Oct 16, 2020
Analysis: Unloved value stocks seen as cautious bet as election nears
By Lewis Krauskopf and Svea Herbst-Bayliss NEW YORK/BOSTON (Reuters) - A sustained shift to value stocks has eluded investors for years. Indeed, a casualty this week was the $10-billion AJO quantitati...
Oct 16, 2020
Exclusive: OPEC+ fears second virus wave could lead to oil surplus in 2021
By Vladimir Soldatkin MOSCOW (Reuters) - OPEC and its allies fear a prolonged second wave of the COVID-19 pandemic and a jump in Libyan output could push the oil market into surplus next year, accordi...
Oct 16, 2020
NY Fed says Charles Phillips stepping down from board of directors
(Reuters) - The Federal Reserve Bank of New York announced that Charles Phillips, chairman of Infor, Inc., has stepped down from its Board of Directors effective today. Read more on the New York Fed's...
Oct 16, 2020
U.S. manufacturing production unexpectedly drops in September
WASHINGTON (Reuters) - U.S. factory production unexpectedly fell in September, suggesting that manufacturing's recovery from the COVID-19 pandemic was slowing heading into the fourth quarter. Manufact...
Oct 16, 2020
Take Five: China GDP, earnings and a messy divorce
(Reuters) - 1/ LOOKING TO CHINA China's third-quarter growth data comes out on Monday and should show the effects of the pandemic receding. The world's second-largest economy is expected to have grown...
Oct 16, 2020
Barclays, Staveley spar in final lap of London trial
By Kirstin Ridley LONDON (Reuters) - A bitter High Court clash between Barclays and British businesswoman Amanda Staveley, over whether she was deceived while negotiating a financial lifeline for the ...
Oct 16, 2020
