Articles filed under Bloomberg
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stimulus propels stocks to best week since 2009Mar 27, 2020 1:00 am - U.S. stocks weathered a late-Friday plunge to post their best week in over 10 years, buoyed by an unprecedented stimulus package meant to blunt the economic impact of th...
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Stocks post third straight gain with stimulus nearMar 26, 2020 1:00 am - U.S. stocks rallied again as investors speculated that the $2 trillion rescue package poised to pass Congress will blunt the coronavirus pandemic's toll on the economy. ...
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U.S. jobless claims surged to record 3.28 million last week, quadruple prior recordMar 26, 2020 1:00 am - The magnitude of the economic devastation being wrought by the coronavirus pandemic was laid bare on Thursday when the U.S. government reported an unprecedented surge in...
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What's in the $2 Trillion coronavirus stimulus packageMar 25, 2020 1:00 am - The massive stimulus package negotiated between the Trump administration and congressional leaders early Wednesday is an unprecedented $2 trillion aid package designed t...
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U.S. stocks soar with stimulus vote in sightMar 25, 2020 1:00 am - U.S. stocks looked to post their first back-to-back gains since the coronavirus crisis began as investors awaited unprecedented government spending packages aimed at cou...
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Trump's April 6 deadline for virus stimulus checks could be hard to meetMar 25, 2020 1:00 am - President Donald Trump wants to send cash payments to households in less than two weeks, Senate Minority Leader Chuck Schumer said Wednesday but former IRS officials war...
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Dow surges most since 1933 on stimulus deal hopesMar 24, 2020 1:00 am - With Congress closing in on an unprecedented spending bill to prop up the slumping economy, U.S. stocks had their best day in almost a dozen years as investors rediscove...
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Federal Reserve unveils unlimited QE and aid for companies, statesMar 23, 2020 1:00 am - The Federal Reserve on Monday announced a massive second wave of initiatives to support a shuttered U.S. economy, including buying an unlimited amount of bonds to keep b...
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IOC Member: Tokyo Olympics will be postponedMar 23, 2020 1:00 am - International Olympic Committee member Dick Pound said the 2020 Olympic Games in Tokyo will be postponed, USA Today reported, citing an interview. Postponement will like...
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Stocks slump after latest stimulus deal stallsMar 23, 2020 1:00 am - U.S. stocks started the week down as investors saw little progress on a congressional spending package to blunt the fallout from the coronavirus pandemic. Measures of co...