Dow futures extend their gains and point to an over 600-point gain at Monday's open on positive coronavirus vaccine results.
told CBS' "60 Minutes." Powell said contraction of the economy "could easily be in the 20s or 30s." The central bank chief said that jobless numbers will look a lot like they did during the 1930s, when the unemployment rate peaked out at close to 25%. Powell cautioned that a full recovery
for the coronavirus. However, he said the economy will avoid a depression. White House economic advisor Kevin Hassett told CNBC on Monday the Fed chief is being too pessimistic on how quickly the economy can bounce back.The World Health Organization's decision-making body
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Dow futures surge 600 points, adding to Monday gains as Moderna says it sees some success with coronavirus vaccineU.S. stock-index futures added to gains Monday morning, with the market for risk assets gathering additional momentum from a report of success in a vaccine...
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La Liga chief confirms clubs will resume group training from MondaySpanish soccer has edged closer to returning after a long pause due to the COVID-19 pandemic after La Liga president Javier Tebas confirmed clubs in the top two divisions will begin training in groups of up to 10 players from Monday.
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Lebanon to resume economic re-opening from Monday after coronavirus shutdownLebanon will gradually reopen its economy beginning on Monday, Prime Minister Hassan Diab said, following a four-day shutdown imposed after a rise in coronavirus cases threatened a second wave of the outbreak.
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Uber expected to cut thousands more jobs in another round of layoffs beginning Monday - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Serie A clubs return to group training on Monday but re-start date still unclearSoccer clubs in Italy's top-flight can resume full training from May 18, Prime Minister Giuseppe Conte said on Saturday, as part of a further easing of restrictions of one of the world's strictest coronavirus lockdowns.
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Spanish clubs to start group training on MondayClubs in Spanish soccer's top two divisions can begin training in small groups from Monday as they move into the third phase of a protocol for resuming activity after disruption caused by the COVID-19 pandemic, a source close to the matter has said.
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