Home / Tag Archives: Fed

Tag Archives: Fed

The Fed limits banks’ dividend payments and suspends the share buyback after the stress tests for the third quarter

The Federal Reserve decided on Thursday to oblige large banks to raise capital by suspending share buybacks and dividend payments in the third quarter. In a 4-to-1 vote, the Fed will tie dividend payments to a formula based on recent earnings. The formula sets third-quarter dividends at a level that corresponds to the average net profit for the past four …

Read More »

Fed chairman Jerome Powell has the most humiliating job in the US: NPR

President Trump appointed Jerome Powell to chair the Federal Reserve, but the president has often criticized Powell for Fed policy. Alex Brandon / AP Hide label Switch label Alex Brandon / AP President Trump appointed Jerome Powell to chair the Federal Reserve, but the president has often criticized Powell for Fed policy. Alex Brandon / AP Jerome Powell has used …

Read More »

The Fed says it will start buying individual corporate bonds

The Federal Reserve broadened its venture into corporate loans to buy individual corporate bonds in addition to the exchange-traded funds it had already bought, the central bank said on Monday. As part of its ongoing efforts to support the functioning of the market and to ease credit conditions, the Fed added features to its secondary market corporate credit facility. The …

Read More »

Live updates for corona virus: The Fed predicts a slow recovery in the US, some jobs are definitely gone

June 11, 2020 at 12:23 p.m. EDT What the Ministry of Labor is doing about the “mistake” that has led to a lower unemployment rate The government agency that compiles the official U.S. unemployment rate – the Bureau of Labor Statistics – said it is still working to fix an unprecedented data collection error that has severely distorted the rate …

Read More »

Dow at 150, Nasdaq record, Fed ahead, Tesla $ 1,000

Traders wearing masks work on the first day of personal trading since they closed during the outbreak of coronavirus disease (COVID-19) on the floor of the New York Stock Exchange (NYSE) in New York, the United States, on May 26, 2020. Brendan McDermid | Reuters Tech stocks confirmed leadership in early trading when the broader market fell for the second …

Read More »

World stocks keep fire from Fed, dollar stumbles

LONDON (Reuters) – World exchanges were below the three-month high on Wednesday as the dollar tripped ahead of a Fed meeting. FILE PHOTO: A man with a protective face mask walks past the London Stock Exchange Group building in the City of London’s financial district as British stocks fall as investors fear the outbreak of the corona virus will strike …

Read More »

Stanley Druckermiller: “Humiliated” by market comeback, underestimated Fed

Long-time hedge fund manager Stanley Druckermiller told CNBC on Monday that the strong market performance in the past three weeks had “humiliated” him and underestimated the power of the Federal Reserve. “I have had long-term concerns over the past few years that the simple money in the corporate sector has created too much debt,” Druckermiller told Squawk Box. “When Covid …

Read More »

Louisville barbecue owners killed in police shots and fed a food desert

“The West End is a food desert or area of ​​food apartheid,” said Hannah Drake, a poet and activist who said that Mr. McAtee’s restaurant had filled a void. “There aren’t that many restaurants in the West End. Children could get food from him after school. Now there is a hole in this community. “ YaYa BBQ had been on …

Read More »