(Reuters) – As the coronavirus pandemic engulfed the United States, Joe Shia, a consultant to Chinese medical companies, said he was bombarded with inquiries from American firms who saw a golden opportunity in selling tests to determine coronavirus immunity. Unlike his typical clients, some firms
(Bloomberg) — Boeing Co. has already received $50 billion of orders for its bond offering Thursday, as the company comes off of one of its worst quarter on record with pandemic upending the global aviation industry. The airplane manufacturer is burning through the most cash
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. The U.S. economy has been severely impacted by the coronavirus, and Americans’ retirement savings haven’t been immune. Last week, Fidelity Investments released the results of its analysis of
The U.S. economy declined in the first quarter of 2020 due to the impact of the COVID-19 pandemic. Consumer spending, gross private domestic investment, exports and imports all decreased. According to the “advance” estimate released by the Bureau of Economic Analysis (BEA), real gross domestic
Stock futures advanced Wednesday morning as investors awaited the advance print on first-quarter U.S. gross domestic product and digested a slew of mixed corporate earnings results after market close. Big tech stocks including Facebook, Amazon, Microsoft and Netflix led the broader market lower during Tuesday’s
(Bloomberg) — Billionaire activist investor Christopher Hohn has called on Wirecard AG to remove Chief Executive Officer Markus Braun after an independent audit of past revenues criticized the German payments processor for internal “shortcomings.” The probe by KPMG was unable to obtain the data needed
H.15 Selected Interest Rates RSS Data Download The release is posted daily Monday through Friday at 4:15pm. The release is not posted on holidays or in the event that the Board is closed. Release date: April 21, 2020 Selected Interest Rates Yields in percent per
By Danushka Nanayakkara-Skillington on April 13, 2020 • Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in 2019 compared to 2018, according to the U.S. Bureau of Economic Analysis (BEA). The percent change in real GDP ranged from 4.4