Jerome Powell, chairman of the U.S. Federal Reserve, attends a meeting at the U.S. Treasury in Washington, D.C., on Oct. 16, 2018. MUST CREDIT: Bloomberg photo by Andrew Harrer
United States

As economy struggles, Fed weighs boosting bond purchases

A for sale sign stands in front of a house, Tuesday, Oct. 6, 2020, in Westwood, Mass. U.S. long-term mortgage rates slipped this week as the key 30-year loan marked a new all-time low for the 11th time this year. (AP Photo/Steven Senne)
Real Estate

US long-term mortgage rates hit new low; 30-year at 2.80%

FILE – In this Jan. 8, 2019 file photo, South Dakota Gov. Kristi Noem gives her first State of the State address in Pierre, S.D. While many other governor’s have broken from President Donald Trump on stay-at-home orders to curb the spread of coronavirus or when to restart economic activity, Noem has tracked close to the president. (AP Photo/James Nord, File)
Money

Governor launches $580 million coronavirus economic relief program

FILE - In this Aug. 31, 2020 file photo, buildings line Wall Street, in New York. Stocks are opening higher on Wall Street Thursday, Sept. 10 as the market claws back some more of the ground it lost in a three-day slump that snapped a day earlier. (AP Photo/Mark Lennihan, File)
Markets

US stocks turn lower again as a wild trading week continues

Treasury Secretary Steven Mnuchin, left, and White House Chief of Staff Mark Meadows, right, walk to speak to reporters after meeting with House Speaker Nancy Pelosi of Calif. and Senate Minority Leader Sen. Chuck Schumer of N.Y. as they continue to negotiate a coronavirus relief package on Capitol Hill in Washington, Friday, Aug. 7, 2020. (AP Photo/Andrew Harnik)
Politics

Virus aid talks collapse; no help expected for jobless now

U.S. dollar banknotes are stacked at the headquarters of the Korea Exchange Bank in Seoul, South Korea, on Monday, August 8, 2011. Photographer: SeongJoon Cho/Bloomberg
United States

Mighty Dollar (Poderoso dólar), by Isaac Cohen (Opinion)

Mortgage interest rates. | Adobe Stock
Companies

Experts: The days of record-low mortgage rates aren’t over

Treasury Secretary Steven Mnuchin issued an emphatic statement Saturday saying President Trump denied he’d suggested firing Federal Reserve chairman Jerome Powell (above). | Susan Walsh/Associated Press
Politics

Steep Climb (Cuesta empinada), by Isaac Cohen (Opinion)

Paycheck Protection Program PPP Loan forgiveness application form. | Adobe Stock
United States

SBA and Treasury Announce New and Revised Guidance Regarding the Paycheck Protection Program

In this Tuesday, March 3, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. (AP Photo/Jacquelyn Martin)
Money

Jerome Powell likely to stress Federal Reserve’s ability to further aid economy

A woman wearing a face mask walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, June 9, 2020. Asian shares were mixed on Tuesday after the Nasdaq hit a record high. (AP Photo/Vincent Yu)
Markets

Wall Street hits the brakes after strong, weekslong rally

12345
https://bizrepublic.com/