Markets

  • British Exports to EU Fall by 68% After Brexit Deal
    British_exports_to_eu_fall_by_68__after_brexit_deal 2021-02-07 17:55:29 UTC
    LONDON (Reuters) - Exports from Britain to the European Union fell by 68% in January as trade was disrupted after the end of a transition period following Britain’s departure from the European Union, according to a trade body representing hauliers. The government did not confirm the data and s...

  • Wall Street Is Paying Attention to Reddit
    Wall_street_is_paying_attention_to_reddit 2021-01-27 23:06:28 UTC
    (Reuters) - Dennis Dick, a professional stock trader in Las Vegas, reads the site Seeking Alpha before work and keeps up to the minute throughout the trading day by watching Twitter, but last weekend he also joined a group on the popular online discussion board Reddit “because I need to know what...

  • U.S. Govt Accuses Facebook of Abusing Its Market Power to Crush Competitors
    U.s._govt_accuses_facebook_of_abusing_its_market_power_to_crush_competitors 2020-12-09 23:53:02 UTC
    WASHINGTON (AP) — The U.S. government and 48 states and districts sued Facebook Wednesday, accusing it of abusing its market power in social networking to crush smaller competitors and seeking remedies that could include a forced spinoff of the social network’s Instagram and WhatsApp messaging se...

  • First Shot: UK Starts COVID-19 Vaccination
    First_shot-_uk_starts_covid-19_vaccination 2020-12-08 07:22:51 UTC
    LONDON (AP) — U.K. health authorities began rolling out the first doses of a widely tested and independently reviewed COVID-19 vaccine on Tuesday, starting a global immunization program that is expected to gain momentum as more serums win approval. The first shot came early in the morning at o...

  • Will Five-Year Brexit Divorce End Messily?
    Von_der_leyen-_eu_is_ready_for_a_no-deal_brexit_if_necessary 2020-12-06 06:45:34 UTC
    <p>LONDON/BRUSSELS (Reuters) - British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen instructed their negotiators to resume trade talks on Sunday in a last ditch attempt to bridge significant differences.</p><p>The decision to revive the long-running talks af...

  • $500M Aid for Small Businesses
    _500m_aid_for_small_businesses 2020-12-06 00:07:12 UTC
    SACRAMENTO, Calif. (AP) — California will provide temporary tax relief and $500 million in aid to small businesses struggling because of coronavirus outbreak restrictions, Gov. Gavin Newsom announced Monday. The tax measures include a three-month automatic extension of the income tax payment d...

  • US Lawmakers Close to A Coronavirus Stimulus Deal
    Us_lawmakers_close_to_a_coronavirus_stimulus_deal 2020-12-04 19:51:13 UTC
    WASHINGTON (AP) — House Speaker Nancy Pelosi gave an optimistic assessment of the prospects for a mid-sized COVID-19 relief bill and a separate $1.4 trillion governmentwide spending bill on Friday, teeing up expectations for a successful burst of legislative action to reverse months of frustratio...

  • What To Do Immediately After A Car Accident
    What_to_do_immediately_after_a_car_accident 2020-12-06 20:11:47 UTC
    Car accidents, even just fender benders, are an unfortunate fact of life. Even though fewer cars are on the road during the pandemic—16% fewer according to Zendrive, a smartphone-based driving analytics app provider—drivers might be more distracted. Phone use while driving was up 38% after lockdo...

  • Filing an Auto Insurance Claim
    Filing_an_auto_insurance_claim 2021-01-28 00:37:28 UTC
    Even the most cautious and experienced drivers can find themselves shaken up on the side of the road, assessing damage after an accident. So if you ever have to file an auto insurance claim, it’s useful to understand how the process works. Before you submit a claim, it’s good to know informati...

  • Car Insurance with OnStar Vehicle Data
    Find_the_best_cheap_car_insurance 2020-12-02 00:34:36 UTC
    <h2>Find the best cheap car insurance</h2> Nov 18 (Reuters) - General Motors Co on Wednesday launched an auto insurance program with the help of its OnStar subsidiary, joining a growing field of companies hoping to cash in on the vast amounts of data generated by increasingly automated and con...

  • COVID-19: U.S. Expects Flood of Business Bankruptcies
    Covid-19-_u.s._expects_flood_of_business_bankruptcies 2020-04-27 01:48:54 UTC
    NEW YORK (AP) — The billions of dollars in coronavirus relief targeted at small businesses may not prevent many of them from ending up in bankruptcy court. Business filings under Chapter 11 of the federal bankruptcy law rose sharply in March, and attorneys who work with struggling companies ar...

  • U.S. Crude Oil Crashes Below $0
    U.s._crude_crashes_below__0 2020-04-20 21:51:34 UTC
    NEW YORK (AP) — Oil futures plunged below zero on Monday, the latest never-before-seen number to come out of the economic coma caused by the coronavirus pandemic. Stocks and Treasury yields also dropped on Wall Street, with the S&P 500 down 1.8%, but the market’s most dramatic action by far w...

  • Germany's Unemployment Rate Stays Low Despite COVID-19
    Germany's_unemployment_rate_stays_low_despite_covid-19 2020-04-16 21:19:06 UTC
    BERLIN — Governments around the world have been fighting two battles against COVID-19, one of public health and one in the economic area. Once measures were taken to protect public health with lockdowns and stringent social distancing regulations, other measures were immediately needed to mitigat...

  • Bank of England Allows UK Government To Run Up An Unlimited Overdraft
    Bank_of_england_allows_uk_government_to_run_up_an_unlimited_overdraft 2020-04-10 14:33:45 UTC
    LONDON (Reuters) - In London, the Bank of England said it would allow Britain’s government to run up an unlimited overdraft as the state promises to pay wages to millions of people laid off during shutdown, cut taxes for businesses and expand its welfare system. With central banks around the ...

  • Markets Fall Sharply as Coronavirus Outbreak Worsens
    Markets_fall_sharply_as_coronavirus_outbreak_worsens 2020-04-01 21:41:27 UTC
    <p>NEW YORK (AP) &mdash; Wall Street and markets around the world fell sharply Wednesday as the economic and physical toll caused by the coronavirus outbreak mounts &mdash; and as experts say they still can&rsquo;t predict when it will end.</p><p>The S&amp;P 500 lost 4.4% after the White House sa...

  • U.S. Auto Sales Plummet 80 Percent
    U.s._auto_sales_plummet_80_percent 2020-03-26 04:24:17 UTC
    (Reuters) - Vehicle sales in U.S. states that implemented lockdown orders to curb the spread of the coronavirus will drop 80% or more, analysts said on Wednesday. Auto retail sales through the week of March 22 declined 22% nationwide on a yearly basis and as much as 40% in some cities on the ...

  • Asian Markets Opened Sharply Higher
    Asian_markets_opened_sharply_higher 2020-03-25 03:14:56 UTC
    NEW YORK (AP) — Shares opened sharply higher in Asia on Wednesday after the Dow Jones Industrial Average surged to its best day since 1933 with Congress and the White House nearing a deal on injecting nearly $2 trillion of aid into an economy ravaged by the coronavirus. Japan’s Nikkei 225 inde...

  • Dow Ends Week With a 17.3% Loss
    Dow_ends_week_with_a_17.3__loss_ 2020-03-21 00:53:35 UTC
    <p>Wall Street ended the week the same way it began: in full retreat from the coronavirus.</p><p>Stocks fell sharply and the price of oil sank Friday as federal and state governments moved to shut down bigger and bigger swaths of the nation&rsquo;s economy in the hope of limiting the spread of th...

  • Dow Erases All Its Gains Since Trump’s Inauguration
    Dow_erases_all_its_gains_since_trump%e2%80%99s_inauguration 2020-03-18 23:34:43 UTC
    NEW YORK (AP) — Stocks tumbled more than 5% on Wall Street Wednesday, and the Dow erased virtually all its gains since President Donald Trump’s 2017 inauguration. Even prices for investments seen as safe during downturns fell as the coronavirus outbreak chokes the economy and investors rush to ra...

  • U.S. Seeks $850B Economic Stimulus Amid Coronavirus Crisis
    U.s._seeks__850b_economic_stimulus_amid_coronavirus_crisis 2020-03-17 15:37:45 UTC
    <p>WASHINGTON (AP) &mdash; The White House was asking Congress on Tuesday to approve a sweeping emergency stimulus package to help businesses and taxpayers cope with the economic fallout of the coronavirus pandemic. It&rsquo;s the most far-reaching economic rescue package since the Great Recessio...

  • Global Stocks Fall Sharply as Virus Cases Spread Around the World
    Global_stocks_fall_sharply_as_virus_cases_spread_around_the_world 2020-03-16 20:33:23 UTC
    NEW YORK (AP) — Stocks fell sharply around the world Monday as the coronavirus forced huge swaths of the economy to the edge of a standstill, from parked airplanes to the nearly empty restaurant around the corner. The Dow industrials took a 2,999-point nosedive on Monday as fears deepen that ...

  • Global Shares Plunge: Worst Day Since '87
    Global_shares_plunge-_worst_day_since_'87 2020-03-13 02:06:33 UTC
    <p>NEW YORK (AP) &mdash; Shares have plunged in Asia, with Japan&rsquo;s benchmark sinking 10% after Wall Street suffered its biggest drop since the Black Monday crash of 1987.&nbsp;</p><p>Markets worldwide have retreated as fears of economic fallout from the coronavirus crisis deepen and the mel...

  • Bear Market: Dow dives more than 1,400 points
    Bear_market-_dow_dives_more_than_1_400_points 2020-03-11 20:19:29 UTC
    <p>NEW YORK (AP) &mdash; Stocks are closing sharply lower on Wall Street, erasing more than 1,400 points from the Dow industrials, as investors wait for a more aggressive response from the U.S. government to economic fallout from the coronavirus. The Dow has now fallen 20% from its recent high, a...

  • Stocks Rise in Turbulent Trading a Day After Selloff
    Stock 2020-03-10 19:47:33 UTC
    NEW YORK (AP) — Wall Street endured another day of dizzying trading Tuesday, whipping up and down with hopes that the U.S. and other governments will cushion the economy from the pain of the coronavirus. The S&P 500 surged as much as 3.7% in the morning and recouped nearly half its historic dr...

  • You Don't Need a 20% Down Payment to Buy a Home in US
    You_don't_need_a_20__down_payment_to_buy_a_home_in_us 2020-03-10 19:48:35 UTC
    Many Americans may be unnecessarily talking themselves out of homeownership. Thirty-seven percent of non-homeowners say not having enough saved for a down payment is holding them back from homeownership, but 62% of Americans incorrectly believe you have to have at least 20% of a home’s purchase p...