City First Bank of D.C. in Washington and Los Angeles-based Broadway Federal Bank agreed to merge, creating the biggest Black-led bank in the U.S.
New U.S. federal guidelines on who should be tested for coronavirus drew criticism from the governors of New York and California, while the top Trump administration official overseeing testing defended the shift.
Facebook Inc.’s gains accelerated Wednesday, sending shares higher by 8.2%, as analysts hailed a new shopping section on its namesake social network, projecting strong e-commerce growth potential.
Federal Reserve Bank of Kansas City President Esther George, who has been among the most hawkish Fed policy makers, doesn’t oppose some overshooting of the central bank’s 2% inflation target and sees more risk of price pressures being too weak than too strong.
President Donald Trump and speakers at the Republican National Convention sought to paint a positive picture of his widely criticized handling of the coronavirus pandemic, with cameos by frontline workers and praise for his leadership in the race to develop a vaccine.
A Zoom Video Communications Inc. outage Monday ground some work meetings and online learning to a halt on the first day of class for many U.S. students, highlighting the vulnerabilities of virtual school during the coronavirus pandemic.
The Fed set up the Main Street Lending Program to boost companies through the pandemic. But hardly anyone wants the loans its peddling.
A month-long rally in emerging-market stocks came to a halt last week as the Federal Reserve expressed concern about the path of the recovery, while renewed tension between the U.S. and China weighed on risk appetite. Even so, signs of progress toward a coronavirus vaccine limited declines. Developing-nation currencies and bonds were mixed.
A procession of speakers will seek to counter Democrats’ portrayal of President Donald Trump as incompetent and depict his opponents as dangerous radicals in the first evening of the Republican National Convention.
The Trump administration released new details on the biggest coronavirus-relief initiative Friday night, the “Paycheck Protection Program” -- including information on almost 379,000 new loans that were approved in July and August.
Florida passed 600,000 infections. President Donald Trump will announce that a new treatment involving blood plasma donated by people who’ve recovered from the disease has received emergency use authorization.
The Federal Reserve has used only a fraction of the $600 billion in an emergency lending program for small and medium businesses struggling with the Covid pandemic, according to a congressional watchdog report.
Covid-19 deaths worldwide passed 800,000 as cases rose to more than 23 million, according to data from Johns Hopkins University and Bloomberg.
A month-long rally in emerging-market stocks came to a halt last week as the Federal Reserve expressed concern about the path of the recovery, while renewed tension between the U.S. and China weighed on risk appetite. Even so, signs of progress toward a coronavirus vaccine limited declines. Developing-nation currencies and bonds were mixed.
White House Chief of Staff Mark Meadows returned to the U.S. Capitol on Saturday in a bid to pressure Democrats into accepting a slimmed-down economic stimulus bill after weeks of deadlock.
Covid-19 deaths worldwide passed 800,000 as cases rose to more than 23 million, according to data from Johns Hopkins University and Bloomberg.
The U.S. had its fourth day in a row with more than 1,000 coronavirus deaths Friday with the global death toll from the pandemic poised to breach 800,000. In Europe, Germany recorded the highest number of new infections, but the continent’s renewed virus surge seems to be less deadly than the first wave.
Germany recorded the highest number of new coronavirus cases in more than four months as authorities boost testing and summer travelers return home. Europe’s renewed surge of virus cases seems to be less deadly than the first wave.
Look at Donald Trump’s record. Then look at Joe Biden’s. The choice is clear.
