Market Overview - Page 238

U.S. households across the board built up savings during the pandemic, but low-income households are burning through their cash more quickly than higher-income families and could be out of savings soon if more aid is not delivered, according to a.

The Federal Reserve on Wednesday will offer its first glimpse of how a coronavirus vaccine has changed the U.S. economic outlook, and whether businesses, workers and families need more help from the central bank until inoculations and immunity are widespread..

U.S. stock futures were flat in early morning trading on Wednesday as investors clung to the possibility of new fiscal stimulus before the end of the year. Market participants are also looking to the Federal Reserve’s comments on Wednesday about.

The coronavirus crisis has caused serious challenges for many retailers this year with the holiday shopping season seen as their last chance to pull in much-needed sales. In the U.K, like in many nations, December usually represents the best month.

Global investors are turning cautious on investing in some Chinese companies named in a U.S. government executive order. MSCI, one of the largest stock index companies in the world, announced Tuesday that it would remove 10 Chinese securities from its.

The UK’s Office for National Statistics published rather worrying labour market data earlier today with a jump in Claimant Count by 64.3K, more than reversing the decline from a month earlier (-64.1K). In terms of employment numbers in the UK,.

By the end of Monday, US equity indices lost their growth momentum. The DowJones closed the day down 0.6%, remaining close to historic highs. The S&P500 was actively declining since the beginning of the regular trading session in the USA..

A survey from Genesis Mining has found that most Bitcoin investors aren’t expecting a $50,000 BTC price in 2030 — although 3.5% of respondents tipped prices exceeding $500,000. British Virgin Islands-based institutional mining platform, Genesis Mining, has published the findings.

The Bitcoin price (BTC) surged above $19,500 briefly on Dec. 15, reaching as high as$19,570 on Binance. However, BTC then dropped to $19,050 within three hours, recording a sudden 2.5% pullback. Bitcoin spiked to around $19,600 because of the momentum.

Asian stocks retreated on Tuesday as worries about increasing COVID-19 deaths and lockdowns overshadowed optimism about the roll-out of coronavirus vaccinations, just days after indexes hit record highs. EUROSTOXX 50 futures dipped 0.4% and FTSE futures fell 0.6%, indicating a.

Amazon, Apple, Facebook and Alphabet unit Google may have to change their business practices in Europe or face hefty fines between 6-10% under new draft EU rules to be announced on Tuesday. The rules are the most serious attempt by.

A New York City intensive care unit nurse on Monday became the first person in the United States to receive a coronavirus vaccine, saying she felt “healing is coming,” as the nation’s COVID-19 death toll crossed a staggering 300,000 lives.