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Dollar slips as Fed's money bazooka raises hopes of easier cash supply

TOKYO (Reuters) - The dollar slipped on Tuesday on signs tight funding conditions are easing slightly after the U.S. Federal Reserve pulled out all stops to supply much needed greenback liquidity. FILE PHOTO: One hundred dollar notes are seen in this ...

How the US could intervene to weaken its surging dollar

NEW YORK (Reuters) - A blistering dollar rally has revived speculation that the U.S. may rein in its currency if the buck goes much higher. FILE PHOTO: An illustration photo of the U.S. dollar and the euro./File Photo. The dollar has jumped about 7% in the last ...

EM ASIA FX-Currencies rebound as unprecedented Fed stimulus stalls dollar rush

Nasdaq

... * Fed effort should derail dollar momentum - analyst * South Korean won top gainer in the region, up 1% * IDR marks best intraday gain in about two weeks (Adds text, updates prices) By Shriya Ramakrishnan March 24 (Reuters) - Emerging Asian ...

Drivers Say Uber and Lyft Are Blocking Unemployment Pay

The New York Times

The New York Times

In a typical week, Jerome Gage, a Lyft driver in Los Angeles, makes $900 to $1,000 before expenses during roughly 50 hours on the road. This week, with most of the state holed up and demand for rides evaporating, he expects to work even longer to make ...

The Fed is providing way more help for the markets now than it did during the financial crisis

The Federal Reserve has launched an array of programs aimed at helping the markets and economy through the coronavirus crisis. Taken together, the programs are considerably more aggressive and have been done in quicker fashion than what happened ...

Dollar falls broadly as Fed stimulus calms panicky markets

LONDON (Reuters) - The dollar fell broadly on Tuesday, sliding for a second consecutive day after the U.S. Federal Reserve stepped up measures to shield an economy reeling from emergency restrictions on commerce to fight the coronavirus. FILE PHOTO: ...

Stock market live updates: Dow up 1800, hope for a stimulus deal, gold surging

All eyes are on Congress to pass a much-needed stimulus bill to rescue the economy from the coronavirus damage. The stock market is staging a turnaround with the Dow rebounding from its 2016 low. Here's what's happening: ...

FOREX-Dollar falls broadly as Fed stimulus calms panicky markets

... * Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh. By Saikat Chatterjee. LONDON, March 24 (Reuters) - The dollar fell broadly on Tuesday, sliding for a second consecutive day after the U.S. Federal Reserve stepped up measures to shield an economy ...

Coronavirus smashes UK economy with unprecedented force: PMI

LONDON (Reuters) - Britain's economy is shrinking at a record pace, faster than during the 2008-09 financial crisis, as businesses across the services sector shut up shop in face of the coronavirus, a survey showed on Tuesday. People stand apart as they ...

US Business Activity Contracts at Sharpest Rate Since Financial Crisis

Wall Street Journal

Wall Street Journal

U.S. business activity contracted at its sharpest rate since 2009 after the financial crisis, as economic activity slowed around the world due to measures aimed at containing the new coronavirus. Europe and Japan also saw precipitous drops in activity, ...