United States: Another 3.8 Million Americans File for Jobless Benefits “Millions more Americans filed for unemployment benefits last week, sending the six-week total above 30 million since the coronavirus pandemic began to shutter businesses across the country. Initial jobless claims totaled 3.84 million in the week ended April 25 following 4.44 million in the prior
April 28, 2020 Mayberry Jamaican Equities Limited (MJE) has declared a dividend of $0.06 per share payable on June 26, 2020 to shareholders on record as at May 12, 2020. The ex-dividend date is May 11, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department
United States: U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Recession “The record-long U.S. economic expansion is over. Gross domestic product contracted at a 4.8% annualized rate in the January-March period, the largest drop since 2008, according to Commerce Department data released Wednesday. The median projection in a Bloomberg survey of economists had called
United States: Texas Is Open, California’s Closed and States Go Their Own Way “The Trump administration promised Americans that expanded coronavirus testing would give states the information they need to restart their economies, but Texas has already heard enough.Governor Greg Abbott said Monday that malls, restaurants and movie theaters could re-open Friday. “The lives saved
United States: U.S. Futures Rise With Stocks; WTI Oil Tumbles: Markets Wrap “U.S. equity futures climbed alongside stocks in Europe and Asia as major economies edged toward reopening, the Bank of Japan boosted stimulus measures and corporate results rolled in. The dollar weakened and oil slumped again. Contracts for the three main American benchmarks all
United States: Fed’s Near-Zero Rates to Last into 2023, Economists Predict "The Federal Reserve may hold interest rates near zero for three or more years, and its balance sheet will soar above $10 trillion as policymakers seek to revive the U.S. economy from recession, economists said in a Bloomberg survey. Just over half the 31 respondents to an April 20-23
April 23, 2020 Please the click link below to view advisory notice from Mayberry Investments Limited (MIL). We're open to serve you! - Important Notice 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
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
