Author Archives: Syndicated Content
Fed’s bond purchase program closing price gaps in ETF market
By April Joyner NEW YORK (Reuters) - The Federal Reserve's unprecedented asset purchase program is easing pricing gaps in the $863 billion market for U.S. bond exchange-traded funds, a phenomenon that...
Apr 16, 2020
FDA cautions slower drug review activity due to reallocation of staff to COVID-19
(Reuters) - The U.S. Food & Drug Administration cautioned on Thursday that with a lot of its staff allocated to the coronavirus crisis, it may not be able to sustain its current level of timely review...
Apr 16, 2020
U.S. coronavirus relief bill to add $1.8 trillion to deficit
WASHINGTON (Reuters) - The coronavirus response bill passed by the U.S. Congress last month will increase the federal budget deficit by about $1.8 trillion over the next decade, the Congressional Budg...
Apr 16, 2020
U.S. gives $5 million to Palestinians amid pandemic, after years of aid cuts
RAMALLAH, West Bank (Reuters) - The United States is giving $5 million to the Palestinians to help them fight the coronavirus epidemic, a U.S. envoy said on Thursday. The donation announced by U.S. Am...
Apr 16, 2020
Argentina readies debt proposal, no ‘understanding’ yet with creditors: economy minister
BUENOS AIRES (Reuters) - Argentine Economy Minister Martin Guzman laid out the framework of the country's proposal to international bondholders on Thursday to restructure close to $70 billion in forei...
Apr 16, 2020
Russia, Saudi Arabia ready to take actions on oil markets if necessary
MOSCOW (Reuters) - Russian Energy Minister Alexander Novak and his Saudi Arabian counterpart, Prince Abdulaziz bin Salman, held a phone talk on Thursday and said in a joint statement they were ready t...
Apr 16, 2020
Eurogroup’s Centeno ponders bloc-wide taxation in coronavirus crisis
By Sergio Goncalves and Catarina Demony LISBON (Reuters) - More imagination is needed to tackle the economic repercussions of the new coronavirus epidemic, Eurogroup chief Mario Centeno said on Thursd...
Apr 16, 2020
Your Money: Why you might be afraid to spend your stimulus check
By Beth Pinsker NEW YORK (Reuters) - If you got your stimulus payment this week from the IRS and it is still in your account, are you afraid to spend it? Many recipients immediately deployed the money...
Apr 16, 2020
Fed’s Harker: U.S. economy should not rush to re-open, risk a new wave of infections
(Reuters) - Philadelphia Federal Reserve Bank President Patrick Harker said on Thursday that U.S. authorities should not rush to re-open the economy in order to avoid a potential second wave of corona...
Apr 16, 2020
Protests erupt after deaths at U.S. factories in Mexican border town
By Jose Luis Gonzalez CIUDAD JUAREZ, Mexico (Reuters) - Protests have erupted outside factories in the Mexican border city of Ciudad Juarez in recent days after the deaths of several workers, includin...
Apr 16, 2020
