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Behind Bond Market's Stall, Investors See Hard Times Ahead

Yields on U.S. government bonds have stalled near all-time lows, a sign that investors are anticipating a difficult economic recovery and years of aggressive monetary stimulus. For much of the past month and a half, the yield on the benchmark 10-year U.S. ...

Dollar firm as Sino-US tension prompts caution

SINGAPORE (Reuters) - The dollar clawed back some of the week's losses on Thursday, as investors brought a more cautious tone to trade, while Sino-U.S. tensions and weak economic indicators dampened the mood. FILE PHOTO: Saudi riyal, yuan, Turkish ...

Turkish Banks' Big Foreign Debts Worry Investors

Turkey's economy, under pressure from the coronavirus pandemic, has a major vulnerability: its local banks' foreign debt. Investors are worried Turkish banks won't have enough euros and dollars to hand and will struggle to raise funds overseas as a wall of ...

Fitch Affirms Synlab Bondco PLC's Senior Secured Debt at 'B+'/'RR3' on Refinancing

Business Today

(The following statement was released by the rating agency). Fitch Ratings-Frankfurt am Main-May 20: Fitch Ratings has affirmed Synlab Bondco PLC's (Synlab) senior secured debt at 'B+'/'RR3' following completion of its refinancing. A full list of rating actions ...

Under New Rules, Banks Will No Longer Earn Civil Rights "Brownie Points" For Pushing Families Into Credit Card Debt

There are lots of laws that dictate what banks aren't allowed to do, but only one law asking banks to make a positive difference in their communities: the Community Reinvestment Act, passed in 1977. The CRA requires banks to lend to low and moderate ...

Qatar offers Turkey relief by tripling FX swap line to $15 billion

ISTANBUL (Reuters) - Turkey secured a tripling of its currency-swap agreement with Qatar to $15 billion, the central bank said on Wednesday, providing some much-needed foreign funding to reinforce its depleted reserves and help steady the Turkish lira.

Stock market live updates: Dow up 300 points, volatile week, Lowe's jumps

CNBC

CNBC

This is a live blog. Please check back for updates. 9:30 am: Dow rises 300 points at the open. Stocks opened Wednesday's session with solid gains, continuing a volatile week for Wall Street. The Dow Jones Industrial Average climbed 315 points at the open, ...

Identity management startup Truework raises $30M to help you verify your work history

TechCrunch

TechCrunch

As organizations look for safe and efficient ways of running their services in the new global paradigm of increased social distancing, a startup that has built a platform to help people verify their work details in a secure way is announcing a round of growth ...

Uber's Grubhub Bid Is Just One Of Many Stunning Developments Lately

For many workers, labor experts, and even journalists, a series of recent moves by Uber Technologies has seemed particularly hard to follow, and/or digest. In the past few weeks, as COVID-19 impacts have sent whole industries scrambling, Uber has ...

Fed Discussed Plans to Provide More Economic Support

Federal Reserve officials began contemplating last month how to communicate their plans to keep interest rates near zero and to purchase Treasury securities to spur a stronger economic recovery once commercial activity resumes. One idea discussed last ...