On Friday, the Senate had voted 75 to 22 to approve the package after the House passed it earlier this week.
Schlagwort-Archiv: Financial
Mega-cap tech stocks dominate many ESG funds. Here’s why
The top holdings of many ESG funds may be surprisingly familiar.
Pimco’s Sonali Pier lets her ‚cautious contrarianism‘ speak for itself: The bets she’s making now
Sonali Pier is a portfolio manager at Pimco and leads the firm’s Diversified Income Fund.
China is making it much easier for foreigners to use mobile pay
Foreign visitors to China can now spend up to $2,000 a year using the mobile app Alipay without having to register their ID, up from the previous limit of $500.
Powell says the Fed is ’not far‘ from the point of cutting interest rates
Powell on Thursday indicated that interest rate cuts may not be too far off, if inflation signals cooperate.
Bailing on the stock market during volatility is a ‘loser’s game,‘ financial advisor says. Here’s why
Getting out of the stock market during periods of volatility may feel safer. But the math suggests investors often sacrifice big returns.
Watch Fed Chair Powell testify live before Senate Banking Committee
Powell is back Thursday on Capitol Hill, offering to the Senate Banking Committee his second day of congressionally mandated testimony.
Gap shares pop as company’s holiday earnings blow past estimates, Old Navy returns to growth
Sales at Gap’s largest banner Old Navy have been down for more than a year but that trend reversed on Thursday when the retailer reported a 6% jump in revenue.
Costco misses holiday-quarter revenue expectations despite online growth
E-commerce sales grew 18.4% in the quarter compared with the year earlier.
Watch: ECB President Christine Lagarde speaks after rate decision
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.