Articles filed under Bloomberg
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S&P 500 rallies to fresh bull territory; oil risesApr 09, 2020 7:47 am - U.S. stocks climbed back into bullish territory on optimism for another round of stimulus and an eventual move toward reopening the economy. Oil surged amid expectations...
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Why farmers are dumping milk in latest blow to battered U.S. dairyApr 08, 2020 7:12 am - With milk prices plunging to lows that haven't been seen in nearly four years, dairy cooperatives are dumping the product to reduce oversupply. While shoppers are cleari...
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Stocks close lower; oil declines on deal doubtsApr 08, 2020 7:12 am - Stocks closed lower in volatile trading as investors debated whether the spread of the coronavirus may be slowing in several major economies. Oil sank and bonds retreate...
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Cuomo says New York deaths signal possible plateau in state outbreakApr 06, 2020 1:14 pm - New York Governor Andrew Cuomo said deaths from the coronavirus pandemic were showing signs of hitting a plateau in the state that has become the epicenter of the U.S. o...
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Stocks surge to 3-week high on easing virus tollApr 07, 2020 6:33 am - Stocks surged the most in almost two weeks after the reported death tolls in some of the world's coronavirus hot spots showed signs of easing. The yen weakened and Treas...
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Bars crater and grocers boom, showing huge mismatch in U.S. jobsApr 07, 2020 2:34 pm - Bri Hlava lost her bartending jobs when the Silver Dollar and the Pearl of Germantown in Louisville, Kentucky, shut down in the coronavirus pandemic. She had earned $600...
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Struggling Americans can tap 401Ks with coronavirus billApr 06, 2020 7:07 am - Lawmakers in Washington are making it easier for Americans struggling with the fallout from the coronavirus to draw on the trillions of dollars in their 401(k)s and othe...
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Home lenders brace for up to 15 million U.S. mortgage defaultsApr 06, 2020 7:07 am - Mortgage lenders are preparing for the biggest wave of delinquencies in history. If the plan to buy time works, they may avert an even worse crisis: Mass foreclosures an...
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Stimulus may come too late for U.S. businesses already stretchedApr 06, 2020 7:07 am - The economic peril from the coronavirus is growing more stark every day, and the $2 trillion stimulus may not deliver a rescue in time for the many small businesses and ...
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Pension funds will take a big coronavirus hitApr 06, 2020 7:07 am - The coronavirus crisis is still unfolding, but it's not too soon to think about lasting financial impact and how to limit the fallout. One major financial crisis that ma...