Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
White House to announce economic coronavirus task force soon, senior administration official says
WASHINGTON (Reuters) - The White House is expected to announce soon formation of a second coronavirus task force, this one devoted to getting the U.S. economy back going again when the time is right, ...
Apr 09, 2020
Italy government wins Senate confidence vote on decree to help virus-hit economy
ROME (Reuters) - The Italian government on Thursday won a confidence vote in the Senate on an emergency decree that lays out measures worth 25 billion euros ($28 billion) to support the economy batter...
Apr 09, 2020
IMF to double aid to Bosnia after regions agree on funds’ division
SARAJEVO (Reuters) - The International Monetary Fund has agreed to double its aid to Bosnia to combat the coronavirus crisis, but the loan will be approved only after the country's two regions agree o...
Apr 09, 2020
Merkel says no to ‘coronabonds’
BERLIN (Reuters) - Chancellor Angela Merkel on Thursday rejected demands by Italy for common euro zone bonds to mitigate the economic impact of the coronavirus pandemic, adding that Germany would back...
Apr 09, 2020
Fed will continue to act ‘forcefully, proactively and aggressively,’ Powell says
By Lindsay Dunsmuir and Ann Saphir WASHINGTON/SAN FRANCISCO (Reuters) - The Federal Reserve will continue to use all the tools at its disposal until the U.S. economy begins to fully rebound from the h...
Apr 09, 2020
IMF chief says engaged with all members including Turkey
WASHINGTON (Reuters) - The International Monetary Fund remains engaged with all members, including Turkey, as they respond to the new coronavirus pandemic sweeping the globe, IMF Managing Director Kri...
Apr 09, 2020
U.S. Treasury’s Mnuchin says airline aid ‘next big thing’ to be rolled out
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Thursday that aid for airlines will be the "next big thing" to be rolled out after the Federal Reserve announced new lending backs...
Apr 09, 2020
U.S. small business rescue loans to be allocated zero percent risk weight, regulators say
WASHINGTON (Reuters) - Bank loans made under a Congressional small business rescue program will be allocated a zero percent risk weight, federal banking regulators said on Thursday, in a move that sho...
Apr 09, 2020
U.S. producer prices fall in March
WASHINGTON (Reuters) - U.S. producer prices fell in March, with the cost of goods dropping by the most since 2015, and further declines are likely as the novel coronavirus weighs on demand for energy ...
Apr 09, 2020
UK’s NIESR sees 15-25% fall in GDP in second quarter due to coronavirus
LONDON (Reuters) - British economic output could shrink by as much as a quarter during the April-June period after a 5% fall in the first three months of the year, forecasters at the National Institut...
Apr 09, 2020
