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Tag Archives: U.S.

NewsWatch: SpaceX successfully launches U.S. astronauts into space

MARKETWATCH FRONT PAGE Space Exploration Technologies Corp. on Saturday successfully launches the first astronauts into space from U.S. soil in nine years. The capsule carrying NASA astronauts reached orbit on its way to the International Space Station. See full story. Record rise in unemployment casts a shadow over Trump’s re-election …

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Trade-war collateral damage: destruction of $1.7 trillion in U.S. companies’ market value

How do you make $ 1.7 trillion disappear? A trade war is one way, a new report has found. A study by the Federal Reserve Bank of New York adds to previous findings that, despite pronouncements from the White House, Americans are paying — and paying stiffly — for the …

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In One Chart: There’s only one generation in U.S. history that’s considered to be more unlucky than the ‘Lost Generation’

It’s hard out there for a millennial. In fact, the Washington Post, citing a series of economic haymakers and the struggles that come with them, calls the group born between 1981 and 1996 “the unluckiest generation in U.S. history.” Yes, even unluckier than members of the “Lost Generation,” who reached …

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The Fed: U.S. economy is near bottom, poised for rebound, Fed’s Williams says

The U.S. economy is starting to show some initial signs of increased activity as businesses reopen as the coronavirus pandemic recedes, said New York Federal Reserve President John Williams on Wednesday. “I think we’re kind of in a good place…maybe near the bottom in terms of the economic downturn and, …

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China risk has reemerged in the U.S. stock market — here’s how events may play out

Amid a debate about stock market investors underestimating the risks from the coronavirus-led shutdown of the global economy, China risk is reemerging. How the U.S. responds may determine the direction of the stock market. The U.S. has long contended that Chinese telecommunications-equipment maker Huawei Technologies is a risk to national …

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Agence France-Presse: U.S. says China trying to steal COVID-19 vaccine

US authorities warned Wednesday that Chinese hackers were attempting to steal coronavirus data on treatments and vaccines, adding fuel to Washington’s war with Beijing over the pandemic. The FBI and the Cybersecurity and Infrastructure Security Agency (CISA) said organizations researching COVID-19 were at risk of “targeting and network compromise” by …

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Futures Movers: Oil prices fail to find support as weekly U.S. crude supplies and stocks at the Cushing storage hub decline

Oil prices failed to find support on Wednesday, even after U.S. government data showed an unexpected weekly decline in domestic crude supplies, along with a fall in stocks at the Cushing, Okla. storage hub. “Any further upside [for prices] will be rather tepid from here,” said Tariq Zahir, managing member …

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Coronavirus was devastating Europe’s nursing homes well before the U.S. Here are the lessons they learned

In late March as the coronavirus pandemic spread to the U.S., news of a wave of deaths in Spanish nursing homes caught the attention of David Grabowski, a professor of health policy at Harvard Medical School. Tweeting a March 25 story about a probe into elderly coronavirus victims found dead …

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Futures Movers: Oil futures fall as concerns about storage capacity prevail despite a smaller-than-expected rise in U.S. crude supplies

Crude futures traded lower on Wednesday, with the U.S. benchmark contract at risk of snapping a five-session streak, pressured by concerns over tightening oil-storage capacity even as weekly crude inventories rose less than expected and domestic production declined. The build in weekly U.S. crude inventories reported by the Energy Information …

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