DESPITE COVID-19, U.S. ECONOMY PERFORMED BETTER THAN EXPECTED SAYS CITI CEO

Highlights

• According to Citigroup CEO Michael Corbat, despite pandemic and millions losing their jobs, the U.S. managed to perform better than expectations

• Programs that have been put in place by the Fed, coming out of Treasury, have served us well said the Citi ...

GOLDMAN SACHS CEO: THE U.S. ECONOMY WILL BE AFFECTED BY HIGH UNEMPLOYMENT AND A SLOW COVID – 19 RECOVERY

Highlights

• A continuous surge in cases has forced several states to halt reopening plans
• The U.S. will observe very high unemployment for an extended period of time

On Wednesday, Goldman Sachs CEO David Solomon said that the U.S. eco...

A survey explores takes of wealthy Americans on US market and Economy at the year-end

Regarding the economy and stock market in 2020, the overall sentiment of the wealthy American remains optimistic albeit increased levels of anxiety. According to the results of the new CNBC Millionaire Survey, for 2020 most millionaires do not expect big things or the U.S. economy going over a cl...

U.S. securities exchange snaps 3-day win streak as China levy cutoff time comes in the center

U.S. stocks finished lower Monday, with the Dow scoring a 105 point decrease, as speculators watched out for exchange arrangements in front of Sunday's tax cutoff time and approach refreshes from worldwide national banks. The Dow Jones Industrial Average DJIA, +0.05% withdrew 105.46 focuses, ...

Charles Payne, President Trump used the powerful U.S. economy as a tool in trade talks says Mike Pence

Vice President Mike Pence said that during a Tuesday interview with FOX Business ' Charles Payne, President Trump used the powerful U.S. economy as a tool in trade talks.

When Trump met with European world leaders at the 2019 NATO Summit in Brussels, the Vice President made the comm...

Ivanka Trump is “said” to have Created 14 Million Jobs in US

President Trump said in a speech to the New York Economic Club today that his daughter, Ivanka, has created 14 million new jobs in person. The president announced this figure— so incredibly ridiculous it would embarrass a pronouncement from the Stalin era— and then repeated it twice a...

Money Manager of 9 billion dollars sees new highs

It's an extraordinary turn.

Financial specialists have been pulling ceaselessly from development and cautious stocks — plays that will, in general, perform better during monetary stoppages — and moving into esteem names as economic situations improve and good faith begin...

FedEx Outlook Change leads to growth

Shares of FedEx Corp. tanked after the logistics company missed profit expectations for its fiscal first quarter and lowered its outlook for fiscal 2020 thanks to “increasing trade tensions” and weaker global economic conditions. FedEx FDX, +0.62%  said late Tuesday it earned $74...