Unemployment Claims Hold at High Level
Unemployment claims held steady at a historically high 870,000 last week, suggesting the labor market continues to slowly recover from the pandemic.
U.S. Stock Futures Slip as Investors Weigh Risks
Investors have grown concerned about rising coronavirus infections, the timing of a vaccine, delays to additional fiscal stimulus and uncertainty around the November election.
Banks Love 2020 Market, but Market Doesn't Love Them Back
While investors are still sour on the stocks of big banks, industry executives say parts of the business are booming
Fed Officials Step Up Calls for More Government Spending to Speed Economic Recovery
Fed officials say additional fiscal stimulus is needed to avoid an uneven and protracted recovery from the coronavirus pandemic.
U.S. New Coronavirus Cases Inch Lower
The U.S. reported 37,330 new coronavirus cases Wednesday, down from nearly 40,000 a day earlier, as a fourth experimental vaccine entered final-stage testing in the country.
Companies Adjust Earnings for Covid-19 Costs, but Are They Still a One-Time Expense?
Finance chiefs and investors are trying to figure out how to account for coronavirus-related expenses as the pandemic transforms how companies operate in ways that may become a permanent cost of doing business.
Pensions Have Been Shunning Stocks at Their Own Peril
Pension funds and endowments have been shifting away from the U.S. stock market for years. Some are now reconsidering that decision.
Derby's Take: Fed's New Guidance Strategy Has Bumpy Rollout
Federal Reserve Chairman Jerome Powell describes the central bank's new interest rate guidance as powerful, but the new regime's rollout has been buffeted by high profile dissension and conflicting comments.
Norges Bank Still Sees Key Rate at Zero for Next Couple of Years
Norway's central bank held rates steady, as expected, and said a recent increase in coronavirus infection rates could put the brakes on the summer's economic upswing.
Germany's Ifo Rises Despite More Infections
German business sentiment improved again in September, according to the latest Ifo reading, but the monthly rise slightly undershot forecasts.