Market Overview - Page 278

The Russian ruble has emerged as a barometer of Donald Trump’s chances of winning the election. A slump in the currency in recent months has mirrored rising betting odds of Biden beating Trump on Nov. 3. After two days of.

Nonfarm payrolls rose by a lower than expected 661,000 in September and the unemployment rate was 7.9%, the Labor Department said Friday in the final jobs report before the November election. Economists surveyed by Dow Jones had been expecting a.

In the aftermath of criminal charges against BitMEX, the crypto community is debating whether the decentralized finance sector is also set to face the wrath of regulators. On Oct 1, the U.S. Commodity Futures Trading Commission announced charges against three.

Democrats pushed through the House on Thursday night a $2.2 trillion economic stimulus plan, putting down a marker as their leader, House Speaker Nancy Pelosi, continues to talk with Treasury Secretary Steven Mnuchin on an coronavirus aid deal. While the.

Donald Trump and his wife Melania test positive for coronavirus, which puts pressure on world markets. The president’s commitment to quarantine immediately is likely to force him to reconsider his campaign plans. Potentially, this news will reduce his chances of.

The European Central Bank should prepare to issue a digital euro to complement banknotes “if and when” it becomes necessary, ECB board member Fabio Panetta said on Friday. Major central banks around the world are studying digital versions of their.

Oil prices dropped and the safe-haven yen strengthened in the afternoon of Asian trading hours on Friday after U.S. President Donald Trump announced he tested positive for the coronavirus. International benchmark Brent crude futures were down 2.42% to $39.94 per.

The October market story is really complicated. If you thought September was confusing, October is not likely to be any better, and it could be significantly rockier. That’s because the “buckets” that have moved markets on various days in the.

President Donald Trump said he and first lady Melania Trump have tested positive for coronavirus, plunging the United States into further upheaval and uncertainty just over a month away from Election Day. In a tweet early Friday morning, Trump said:.

The Dow Jones Industrial Average erased earlier gains and turned negative on Thursday to kick off a new month and quarter as hopes for further fiscal stimulus waned. The 30-stock benchmark last traded down about 100 points after jumping 250.

Nikola shares surged on Thursday, one day after the company said its production timeline and factory plans remain on track amid widespread investor anxiety regarding the company’s business as well as its planned deal with General Motors. The stock soared.

Monthly US personal income and outlays figures are converging, but savings are still high. Income fell by 2.7% in August to an annual level of $19.49 trillion, roughly the same as the trend amounts we could have seen had it.