Category: Economy News

U.S. Senator Kelly Loeffler said on Wednesday she would liquidate her individual stock share positions after the wealthy Republican and her husband were criticized over sales of millions of dollars in stock during the coronavirus outbreak. Source link

Asia-Pacific indices broadly higher after S&P 500 closes up 3.4% Source link

Commanding majority of businesses believe lenders will not be able to deliver the funds in time Source link

The Federal Reserve chair, Jerome H. Powell, and his colleagues slashed interest rates to near zero on March 15, and meeting minutes show why. Source link

New York State now has more confirmed cases than Italy. Congress mulls billions in additional funding. A jail in Chicago is the largest-known source of U.S. infections. Source link

Zoom Video Communications Inc has tapped former Facebook security chief Alex Stamos as an adviser and set up an advisory board to improve the privacy and security of its rapidly-growing video-conferencing app amid a global backlash. Source link

Slowdown in cargo shipping seems like bad news for global trade prospects Source link

Live updates on stock market and business news during the coronavirus outbreak. Source link

Airbnb Inc is planning to terminate a $1 billion credit facility following an investment of the same amount it secured from private equity firms Silver Lake and Sixth Street Partners, people familiar with the matter said on Tuesday. Source link

The head of the examination office at the U.S. Securities and Exchange Commission (SEC) on Tuesday published details about the expected scope and content for compliance with a new rule requiring… Source link