Federal Reserve Chair Jerome Powell said the U.S. economy is improving but has a long way to go before a full recovery from the coronavirus pandemic.
Prime Minister Justin Trudeau is set to unveil a new plan to try to contain the spread of Covid-19 and recharge Canada’s pandemic-battered economy, according to a senior government official.
Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin are set to be grilled by lawmakers Tuesday on the need for more stimulus to shore up the U.S. economy’s recovery from the coronavirus slump.The focus of the House Financial Services Committee hearing will likely fall on fiscal policy, with time running short for Congress to agree on another round of spending measures before it shuts down ahead of November elections.The $2 trillion bill passed in March has helped producti
BNN Bloomberg sets up the week ahead with what investors need to know.
Bank of America Corp. Chief Executive Brian Moynihan called for another round of federal stimulus to help the U.S. reach a full economic recovery from the coronavirus pandemic.
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