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President Trump just guaranteed a slower recovery from the recession A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business) President Donald Trump has dashed hopes for a large, bipartisan stimulus deal before the election.
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Congress Agrees: Big Tech Is Broken. This article is part of the On Tech newsletter. You can sign up here to receive it weekdays. It is stunning that members of Congress mostly agree that four of America's most successful companies are bullies that abuse their power to stay on top. That was my ...
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US Economy Is at Risk With Stimulus Still Uncertain: Live Updates Here is the situation the U.S. economy faces, with a month to go before Election Day: Job growth is stalling. Layoffs are mounting. And no more help is coming. American households and businesses have gone two months without the enhanced unemployment ...
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Fed Officials Warned of Slowdown Without Stimulus WASHINGTON — Federal Reserve officials were counting on Congress and the White House to pass additional aid for households and businesses hit by the pandemic as they laid out an optimistic forecast for the economic recovery last month. Now, that ...
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Polish watchdog fines Gazprom $7.6 billion over Nord Stream 2 gas pipeline WARSAW (Reuters) - Poland has fined Russia's Gazprom GAZP.MM more than 29 billion zlotys ($7.6 billion) for building the Nord Stream 2 gas pipeline without Warsaw's approval, its watchdog said on Wednesday, prompting the company to say it will appeal ...
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Norway strike could shut giant Sverdrup oilfield on October 14 OSLO (Reuters) - Norway's Johan Sverdrup oilfield, the North Sea's largest with an output capacity of up to 470,000 barrels of oil per day, will have to close down production unless a strike among workers ends by Oct. 14, operator Equinor EQNR.OL said on ...
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Split on applying new framework, Fed struggles over economic outlook as well (Reuters) - U.S. Federal Reserve policymakers split over how to apply a new strategy for monetary policy at their September meeting, and, amid growing doubts about the path of the economy, offered no clear sense of their next steps to offset the coronavirus ...
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Here are the 5 best brick-and-mortar savings accounts of October 2020 Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC will update as changes are made public. Brick-and-mortar banks — as opposed to online-only banks — are ...
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Fed forecasts gloomier economic recovery without more relief from Congress Federal Reserve officials had raised concerns in September that the pace of the economic recovery would slow without more relief from Congress, building on previous warnings from the central bank, according to documents released a day after President ...
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Plans at Microsoft and Wells Fargo to increase Black leadership are under scrutiny from the Labor Dept. New York (CNN Business) The Department of Labor last week sent letters to Microsoft and Wells Fargo questioning whether the companies' commitments to increase the number of Black employees in their leadership ranks constitute race-based ...
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