United States: U.S. Jobless Claims at 4.43 Million in Labor Rout’s Fifth Week “More than 4 million Americans applied for unemployment benefits last week, bringing the five-week total to 26.5 million in the steepest downturn for the U.S. labor market since the Great Depression. Initial jobless claims of 4.43 million in the week ended April
United States: America’s Middle Class Gets Hit With Office Jobs Disappearing “The new year arrived with a new job for Tyler Simon, who had high hopes for 2020. They didn’t last long. “Once Covid-19 hit, things went from bad to worse really quick,” said Simon, a father of two in Summerfield, North Carolina. A marketing
United States: The Fed Is Buying $41 Billion of Assets Daily and It’s Not Alone “Central-bank balance sheets are expanding to record levels amid their latest buying spree, raising questions about how big they can get and whether those assets can ever be sold back to markets. Policy makers didn’t have much luck paring down
United States: U.S. Futures Extend Slide While WTI Oil Crashes: Markets Wrap “U.S. equity futures slid alongside European and Asian stocks on Monday as investors grappled with everything from the spread of the coronavirus to oil’s collapse and the next raft of corporate earnings. The dollar gained. Contracts on the S&P 500 extended their decline
April 17, 2020 Please the click link below to view advisory notice from Mayberry Investments Limited (MIL). IMPORTANT NOTICE_Temporary Change in Business Operations Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying,
United States: Trump Kicks Toughest Decisions to States With His Reopening Plan “Days after insisting he had absolute authority to steer the country’s economic recovery from the coronavirus outbreak, President Donald Trump instead handed over the keys to governors and businesses. Trump issued guidelines on Thursday for states to consider as they decide whether to
April 16, 2020 Standard and Poor's (S&P), today, April 16, 2020, affirmed Jamaica's B+ long term foreign and local currency sovereign credit ratings, and revised its outlook from stable to negative. According to S&P, the revision in outlook reflects the impact of a presumed prolonged shock from the on-going global Corona Virus (Covid-19) health crisis
April 16, 2020 Kingston, Jamaica: "Last year Jamaica and the IMF came to an agreement for the IMF to continue to maintain an office in Kingston for two years. This has facilitated a close and open working relationship with frequent exchange of views and information. In particular, I have been in regular communication with the
United States: U.S. Jobless Claims Top 5.2 Million, Erasing a Decade of Gains “More than 5 million Americans filed for unemployment benefits last week, bringing the total in the month since the coronavirus pandemic throttled the U.S. economy to 22 million and effectively erasing a decade worth of job creation. Initial jobless claims of 5.25
April 14, 2020 Please the click link below to view advisory notice from Mayberry Investment Limited (MIL). Mayberry Investments Limited Advisory Notice_CEO_ COVID-19 Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure,
