If You Have a Student loan, Here’s what Happens When the FED Lowers Rates
If you borrowed money to attend college, you most likely won’t feel any impact from the Federal Reserve’s interest rate cut.
US Employers Shed 701,000 Jobs in March, Unemployment Jumped to 4.4%, as Coronavirus Ravages Economy
The U.S. economy lost 701,000 jobs in March, snapping a decade-long record of employment growth, as strict measures to contain the coronavirus pandemic shuttered businesses and forced Americans to stay at home.
Dow Futures Indicate a 200-Point Opening Drop as Investors Look to Jobs Numbers
Futures contracts tied to the major U.S. stock indexes pointed to a lower start to Friday’s session, leaving Wall Street on track for modest weekly losses.
Fauci: ‘I don’t Understand Why’ Every state Hasn’t Issued Stay-At-Home Orders
The nation's top infectious disease expert said Thursday he doesn't understand why every state hasn't issued stay-at-home orders as novel coronavirus cases continue to surge across the US.
C.I.A. Hunts for Authentic Virus Totals in China, Dismissing Government Tallies
The C.I.A. has been warning the White House since at least early February that China has vastly understated its coronavirus infections and that its count could not be relied upon as the United States compiles predictive models to fight the virus, according to current and former intelligence officials.
US weekly Jobless Claims Double to 6.6 Million
The torrent of Americans filing for unemployment insurance continued last week as more than 6.6 million new claims were filed, the Labor Department reported Thursday.
Stock Futures Jump Ahead of Big Jobless Claims Report as Oil Rebounds 10%
U.S. stock futures jumped after a surge in the price of oil, a financial market which has collapsed this year and raised concerns about hefty losses for the energy industry.
China Concealed Extent of Virus Outbreak, U.S. Intelligence Says
China has concealed the extent of the coronavirus outbreak in its country, under-reporting both total cases and deaths it’s suffered from the disease, the U.S. intelligence community concluded in a classified report to the White House, according to three U.S. officials.