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| Fed Expects Unemployment Rate to Stay High: Live Updates The Fed painted a grim view for the economy: Unemployment will stay elevated for years, after ending 2020 at 9.3 percent. Here's what you need to know: The Federal Reserve offered a grim outlook for the economy in 2020. Mnuchin says economy will need ... | |
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| Inside La Guardia's 'Breathtaking' New $4 Billion Terminal By the time New Yorkers return to traveling on planes, they may forget they ever hated La Guardia Airport. The airport famously derided as "third-world" by former Vice President Joseph R. Biden Jr. will take a big leap forward on Saturday when its cramped, ... | |
| Coronavirus Live Updates: Tracking the Race for a Vaccine Researchers around the world are developing more than 125 vaccines against the coronavirus. The global economy is facing a severe downturn, a new report says. Right Now. The Federal Reserve is expected to signal that interest rates will be at rock-bottom ... | |
| Dollar treads water as traders wait for Fed policy meeting TOKYO (Reuters) - The dollar nursed losses against most currencies on Wednesday amid some speculation the U.S. Federal Reserve could take steps to curb a recent rise in bond yields at its policy meeting. FILE PHOTO: A U.S. dollar note is seen in front of ... | |
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| GLOBAL MARKETS-Dollar, stocks slip as Fed signals slow growth (Adds U.S. market close). * Federal Reserve to keep low rates at least through 2022. * Nasdaq hits fresh highs on low rate environment outlook. * Oil rebounds even as inventories rise. *. By Herbert Lash. NEW YORK, June 10 (Reuters) - The dollar slid to a ... | |
| GLOBAL MARKETS-Dollar slips, stocks fall ahead of Fed meeting (Adds U.S. market open, byline, changes dateline; previous LONDON). * Stocks edge down, caution ahead of Fed. * Dollar index touches new three-month lows. * Oil tumbles on rising U.S. inventories. By Herbert Lash. NEW YORK, June 10 (Reuters) - The ... | |
| Oil Prices Defy Supply-Demand Fundamentals Oil prices have shot up from the historic depths hit during the coronavirus lockdown, but analysts and traders worry the rebound has been too sharp and could prove short-lived. Rather than surging on supply and demand fundamentals, oil prices have ridden ... | |
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