Stock Market News
Economic Forecast - Lloyds profits wiped out as bank warns about economic outlook
Lloyds Banking Group has warned the lockdown is having a greater economic shock than expected. Britain's biggest retail bank has put aside another £2.4bn to deal with people and firms defaulting on ...
Cox Automotive Forecast: Low Inventory, Economic Uncertainty Hold Back July Auto Sales
According to Charlie Chesbrough, senior economist at Cox Automotive, "The market has been making slow but steady gains since April's low, but there are many headwinds hampering our recovery." ...
India's economic recovery at risk as COVID-19 surges, dull outlook deepens: Report
In the quarter just gone by, the Indian economy is forecast to have shrunk 20.0%, the first double-digit contraction ...
Fed sees dim economic outlook
The Federal Reserve expressed concern Wednesday that the persistent viral outbreak will act as a drag on the economy and hiring in the coming months and said it plans to keep its benchmark short-term ...
U.S. economy likely suffered historic plunge in second quarter; outlook murky as COVID-19 cases surge
The U.S. economy likely contracted at its steepest pace since the Great Depression in the second quarter as the COVID-19 pandemic destroyed consumer and business spending, potentially wiping out more ...
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