Surveys show that most want to keep working at home at least part-time even after the pandemic is over, and a recent survey by the Atlanta Fed shows firms expect that as well
All that happened in the markets today
The Federal Reserve, in the minutes of its July meeting, raised concerns that the US economic recovery from the devastating effects of the pandemic faced a highly uncertain path
The article comes on the heels of a similar warning from Guo in an interview with Xinhua
The increase in infections has raised the downside risks to the economic outlook and suggests the reopening of the U.S. economy may be more protracted
All that happened in the markets today
The quarterly results announcement by Reliance Industries and HDFC will be the major market mover today. Analysts expect a dent in RIL's retail and energy verticals in the June quarter
The extensions apply to those facilities that were due to expire on or around September 30, the Fed said in a statement
WASHINGTON (Reuters) - The U.S. Federal Reserve bought $428 million in bonds of individual companies through mid-June, making investments in household names like Walmart and AT&T as well as in major oil firms, tobacco giant Philip Morris International Inc, and a utility subsidiary of billionaire Warren Buffett's Berkshire Hathaway holding company.
Stocks opened sharply higher on Friday, but then lost those gains by mid-afternoon
Telecom stocks are expected to remain active today as the Supreme Court will hear the AGR matter later in the day
The pledge to keep monetary policy loose until the US economy is back on track repeats a promise made early in the central bank's response to the coronavirus pandemic
The tech-heavy Nasdaq, by contrast, hit a record high for the fourth straight session, with gains for Apple Inc, Amazon.com Inc and Microsoft Corp driving rally
Stocks in the BSE 500 universe account for nearly 93 per cent of India's market capitalisation.
In terms of corporate results, some heavyweight names will announce their March quarter results today and their impact will be well beyond their individual stocks
Big tech companies provided the biggest lift to the S&P 500 and the Nasdaq,
According to a Business Standard report, the Centre is considering a proposal to guarantee Rs 3 trillion of loans to small businesses as part of a plan to restart economy
In the first part of a series, the authors argue the means must be found to avert potential economic and social collapse post-Covid
Starting today, automobile companies will starting releasing sales numbers for March. According to a Business Standard report, these auto sales for the month could see a 50 per cent YoY
The new facility will offer "support for the flow of credit to households and businesses" by ensuring the $3.8 trillion money market mutual fund industry can sell its holdings of US Treasury bonds