Bulletin
Investor Alert

Topics

Federal Reserve Bank Of St Louis

12:06 a.m. Nov. 2, 2020 - By Anna Helhoski
Discharging student loans in bankruptcy—could it soon get easier? Change is a-coming: Some recent decisions could serve as a precedent for future bankruptcy cases involving student loansRecent bankruptcy court rulings and lawmakers’ support of relief for overburdened borrowers may signal a change is coming.
12:18 p.m. Sept. 28, 2020 - By Greg Robb
Fed’s Mester says economy remains ‘fragile’ The U.S. is a tale of two economies in wake of pandemic, Cleveland Fed president saysThe U.S. economy remains in ‘fragile’ condition but U.S. central bank seems to have the right policy in place, said Cleveland Fed President Loretta Mester on Monday.
8:40 a.m. Sept. 18, 2020 - By Greg Robb
Fed’s Kashkari says warnings of runaway inflation are just ‘ghost stories’ Fed’s Bostic says COVID-19 pandemic has generated “a lot of noise” in the inflation dataMinneapolis Fed President Neel Kashkari said Friday that warnings of higher inflation are just “ghost stories.”
11:39 a.m. Aug. 27, 2020 - By Greg Robb
Fed adopts new strategy to allow higher inflation and welcome strong labor markets Gone is the presumption that strong labor markets lead to out-of-control price-increasesThe Federal Reserve’s interest-rate committee on Thursday announced it has unanimously approved a new strategy seen as leading to an easier monetary policy stance.
12:30 p.m. Aug. 25, 2020 - By Corey Rosen
The job benefit workers really need right now is an equity stake in their company Businesses that give employees shares are more profitable and their workers are richerBusinesses that give employees shares are more profitable and their workers are richer, writes Corey Rosen.
7:56 p.m. Aug. 3, 2020 - By Greg Robb
Fed’s Evans says the power to get the economy going lies with Congress What lawmakers decide on jobless benefits will influence aggregate demand, Chicago Fed president saysChicago Fed President Charles Evans said Monday Congress is in the drivers seat in policy decisions needed to ensure economic growth in the near term.
1:24 p.m. July 21, 2020 - By Mark DeCambre
Dow, S&P close higher as Covid-battered stocks surge, but off session’s best levels as tech sector sinks Gains for equities come even as gold is approaching its second-highest level in history, near $2,000 an ounceU.S. stock-indexes finish mostly higher Tuesday, but off the session’s best levels, as investors snap up beaten-down energy and financial stocks amid a slate of corporate earnings reports, including Coca-Cola and Lockheed Martin’s second-quarter results.
12:02 p.m. July 16, 2020 - By Greg Robb
Fed needs stronger forward guidance to convince people ‘we’re really in it to win it,’ Evans says Chicago Fed president is another voice in favor of setting conditions to meet before interest rates riseThe U.S. central bank should adopt strong forward guidance to convince the market that ‘‘we’re in it to win it,” said Chicago Fed President Charles Evans on Thursday.
1:39 p.m. July 14, 2020 - By Greg Robb
Fed’s Bullard says stock market’s optimism has been proven right, so far St. Louis Fed President says there could be sharp drop in unemployment rates ‘if we play our cards right’St. Louis Fed President James Bullard on Tuesday said the stock market’s optimism has been validated by the economic data.
12:48 p.m. July 14, 2020 - By Joy Wiltermuth
Dow ends up 550 points, stocks jolt higher after Fed’s Brainard calls for ‘sustained’ large-scale asset purchases Wells Fargo’s stock ends 4.6% lower after its quarterly resultsU.S. stock-indexes finished near session highs Tuesday, after Federal Reserve Gov. Lael Brainard calls for sustained large-scale asset purchases by the U.S. central bank to help the economy rebound amid a “thick fog of uncertainty” brought on by COVID-19.
12:17 p.m. July 14, 2020 - By Mark DeCambre
Dow books 557-point gain as Fed's Bullard says unemployment could fall rapidly 'if we play our cards right'U.S. stocks finished sharply higher Tuesday, and the Dow industrials notched a third straight gain, powered by a rally in energy and materials shares, a day after technology stocks staged a stunning reversal. Comments made by Federal Reserve members implying further support for the economy and pointing to the possibility of a decline in the unemployment rate also helped lift the market, a day after the Nasdaq staged a powerful reversal. The Dow Jones Industrial Average closed up about 557 points, or 2.1%, at 26,643, the S&P 500 index closed out the session up 1.3% at 3,198, while the Nasdaq Composite Index concluded the day up 0.9% to around 10,489. Equities added to gains in Tuesday afternoon action after Fed Gov. Lael Brainard said the U.S. central bank should use large-scale asset purchases for a "sustained" period to help the economy rebound amid a "thick fog of uncertainty" brought on by COVID-19. Later Tuesday, St. Louis Fed president James Bullard struck an upbeat tone on the outlook, saying that the unemployment rate could drop sharply in the next six months, if "we play our cards right" and many workers subject to temporary layoffs are recalled. On Monday, the Nasdaq led the market action, trading at an intraday record in the early going before turning south hard in afternoon activity to finish the day down 226.60 points, or 2.1%, at 10,390.84.
1:55 p.m. July 10, 2020 - By Greg Robb
Controversial Trump Fed nominee Shelton may move forward as Senate panel sets vote Republican skeptics had held up actionJudy Shelton’s nomination to the Federal Reserve, which had stalled since February, got fresh life on Friday when the Senate Banking Committee announced it would hold a vote on sending her name to the full Senate.
7:20 a.m. July 4, 2020 - By Philip van Doorn
These stocks, including Tesla and Apple, are the real winners for the second quarter of 2020 A select group of stocks rose in the second quarter and for all of 2020A select group of stocks rose in the second quarter and for all of 2020.
12:40 p.m. July 1, 2020 - By Sunny Oh
10-year Treasury yield books biggest daily rise in two weeks after Fed minutes U.S. Treasury yields rose Wednesday as minutes from the Federal Reserve’s meeting in June showed the central bank discussing the merits of yield curve control, a monetary policy tried by some other central banks.
8:19 a.m. June 23, 2020 - By Greg Robb
Fed’s Bullard doesn’t see signs a damaging asset bubble is forming St. Louis Fed president says there are more questions than answers about using yield curve control as a policy toolSt. Louis Fed President James Bullard on Tuesday said he doesn’t see a risky asset bubble forming in the wake of the Fed’s efforts to battle the coronavirus pandemic.
11:41 a.m. June 3, 2020 - By Quentin Fottrell
How America perfected the ‘art of demonizing Black men’ George Floyd’s death and other such incidents represent a moment that Americans should not just walk away fromGeorge Floyd’s death and other such incidents represent a moment that Americans should not just walk away from.
12:45 p.m. May 28, 2020 - By Sunny Oh
Treasury yields edge higher as U.S. economic data less severe than expectedTreasury yields edged up on Thursday as analysts suggested a raft of U.S. data was not as bad as anticipated, offering modest relief to investors looking for signs that the economy was on the mend.
12:43 p.m. May 27, 2020 - By Joy Wiltermuth
Dow closes 550 points higher, as investors look past dismal economic data and escalating U.S.-China tensions U.S. declares that Hong Kong is no longer autonomousMajor U.S. stock benchmarks roared higher Wednesday, despite the battered state of the economy and rising tensions between Beijing and Washington as investors focused on efforts to reopen more states for business.
10:57 a.m. May 27, 2020 - By Greg Robb
U.S. economy is near bottom, poised for rebound, Fed’s Williams says Starting to see initial signs of increased economic activity as people start to move around more, New York Fed president saysNew York Fed President John Williams on Wednesday said the economy was near the bottom of the downturn and hopefully poised for a rebound.
12:10 p.m. May 5, 2020 - By Greg Robb
Fed’s Evans sees return to economic growth after June but admits more pessimistic scenarios are almost as likely Chicago Fed president says ‘a lot of things have to go right’ to get unemployment down to 5% by end of 2021 in post-COVID recoveryChicago Fed President Charles Evans said Tuesday it is reasonable to expect a return to growth in the second half of this year, but said more pessimistic scenarios are almost just as likely.
10:32 a.m. May 1, 2020 - By Greg Robb
Fed officials stress they may have to get innovative to revive economy from COVID-19 shutdown Richmond Fed president Barkin says U.S. economy took elevator down but has to take the stairs upFederal Reserve officials said Friday they are ready to do more to help the economy recover from the blanket shutdown put in place to prevent the spread of COVID-19.
12:49 p.m. April 14, 2020 - By Joy Wiltermuth
U.S. stocks close higher as states weigh reopening economy, earnings season kicks off Fed’s Bullard: Quarantine could cost U.S economy $25 billion dailyU.S. stocks closed sharply higher Tuesday, lifted by growing expectations that the worst of the human toll of the COVID-19 pandemic may have passed.
11:08 a.m. April 14, 2020 - By Greg Robb
Fed’s Evans: ‘Many, many things must go right’ for U.S. economy to recover quickly from coronavirus Chicago Fed president sees ‘caveats’ to hopeful story of short recession and recovery later this yearChicago Fed President Charles Evans said Tuesday that many things must go right if the economic pain from the coronavirus is going to be minimized.
2:05 a.m. April 14, 2020 - By Raymond Scheppach
States are facing a fiscal crisis that will be as brutal as that of the Great Recession Rainy day funds will be exhausted by the end of JuneRainy day funds will be exhausted by the end of June.
Browse topics:

Filter results by

Location

Us (24)

Eu (2)

Europe (2)

Asia Pacific (1)

Link to MarketWatch's Slice.