Breaking News: Economy

Private payrolls post first drop since April as coronavirus spread hits job growth, ADP says | Jeff Cox

The lower of 123,000 offered a stark signal that the U.S. economic system had cooled significantly heading into the tip of 2020.

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Powell stresses importance of lending programs, calls economic outlook 'extraordinarily uncertain' | Jeff Cox

Most of the key applications that the central financial institution has used since March are expiring on the finish of the 12 months.

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Treasury seeks to extend some emergency Fed programs but end others, including Main Street facility |

www.cnbc.com | The Treasury Division is seeking to lengthen a handful of the Federal Reserve packages used to get markets via the early days of the coronavirus disaster however is seeking to finish a number of others. U.S. Treasury Secretary Steve Mnuchin speaks throughout a information¬†…

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Fed holds interest rates steady near zero, says economy is still well below pre-pandemic levels | Jeff Cox

“Financial exercise and employment have continued to get well however stay properly beneath their ranges originally of the yr,” the assertion stated.

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