Post Tagged with: "U.S. Federal Reserve"

Source: CNBC

A tale of two recessions: Some Americans thrive as others suffer

CNBC


The recession caused by the coronavirus pandemic is playing out across stark — and widening — fault lines in America.

Lower earners, those with less schooling, women and minority groups have borne the brunt of the economic pain driven …

June 19, 2020 - 1:30 pm Closing Bell Story‎, Economy, Finance
Source: Reuters

Oil jumps 3% towards $28 on Fed steps to support economy

Reuters


LONDON – Oil jumped 3% on Tuesday towards $28 a barrel, supported by steps by the U.S. Federal Reserve to bolster the economy and hopes the United States will soon reach a deal on a $2 trillion coronavirus aid …

March 24, 2020 - 9:30 am Closing Bell Story‎, Crude Oil News, Economy, Energy News
Federal Reserve Maintains Interest Rates, Slashes Economic Forecast

Federal Reserve Maintains Interest Rates, Slashes Economic Forecast

Majority of Analysts Predict Increase Before Year-End

The Federal Reserve is maintaining the status quo of interest rates at 0.00% to 0.25%. For now.

The Committee wrapped up its latest meeting on June 17, and while seemingly encouraged by some …

June 17, 2015 - 4:50 pm Finance, Oil and Gas 360 Articles
Fed’s Yellen Sees Valuations as “Quite High”

Fed’s Yellen Sees Valuations as “Quite High”

Stocks down as Yellen warns valuations are over historical averages

Federal Reserve Chair Janet Yellen  warned that stock valuations are “generally quite high,” and that “there are potential dangers” in a discussion yesterday with International Monetary Fund Managing Director Christine …

Yellen: Fed is Global Player Now

Yellen: Fed is Global Player Now

During a two-day conference sponsored by the Federal Reserve, the European Central Bank and the Federal Reserve Bank of New York, Federal Reserve Chair Janet Yellen said it is time for the Fed to start focusing on globalization. Yellen said …

November 14, 2014 - 4:48 pm Oil and Gas 360 Articles, Politics & Opinions
Dow Jones Tops 17,000, S&P Energy Index Contributes to the Charge

Dow Jones Tops 17,000, S&P Energy Index Contributes to the Charge

The Dow Jones Industrial Average closed above 17,000 for the first time in history in a shortened session on July 3, 2014. The average flirted with the historical mark for the past week but finally broke the barrier following a …

July 3, 2014 - 3:13 pm Oil and Gas 360 Articles