The CARES Act offers an extra 13 weeks of unemployment benefits to jobless Americans. Many will have to submit a new application to access that aid.
Schlagwort-Archiv: CNBC
Coronavirus vaccine is closer than the market thinks, Wharton’s Jeremy Siegel predicts
Wharton finance professor Jeremy Siegel expects a game changer to surprise a „pretty resilient“ market.
Floods and the coronavirus create more uncertainty for China as food prices climb
Elevated food prices are just one of many new challenges China needs to face in the wake of the coronavirus outbreak.
Goldman Sachs shares jump as earnings blow past the Street on the best trading results in years
Expectations for Goldman were running high after JPMorgan Chase and Citigroup posted strong trading, and the firm delivered.
Insurer UnitedHealth warns of cost rebound after strong quarterly profit
UnitedHealth said on Wednesday its second-quarter profit more than doubled, helped by lower medical costs due to a fall in health-care utilization following coronavirus-fueled lockdowns and social distancing.
Goldman Sachs shares jump as earnings blow past the Street on the best trading results in years
Expectations for Goldman were running high after JPMorgan Chase and Citigroup posted strong trading, and the firm delivered.
PNC Financial’s profit more than doubles on gain sale of stake in BlackRock
PNC Financial’s second-quarter profit more than doubled as the U.S. regional bank recorded a gain from the sale of its position in asset manager BlackRock.
China says the latest U.S. move is aggravating tensions in the South China Sea
The U.S. State Department said Monday that „Beijing’s claims to offshore resources across most of the South China Sea are completely unlawful, as is its campaign of bullying to control them.“
JPMorgan shares jump after record trading revenue drives stronger-than-expected second quarter profit
„Despite some recent positive macroeconomic data and significant, decisive government action, we still face much uncertainty regarding the future path of the economy,“ CEO Jamie Dimon said.
Citigroup shares rise after bank reports better-than-expected earnings on strong trading results
Citigroup reported second-quarter results that surpassed analyst expectations thanks in part to a massive surge in trading revenue.