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News Ticker
  • [ January 20, 2021 ] U.S. President Joe Biden Calls for End to ‘Uncivil War’ Administration
  • [ January 20, 2021 ] OPEC Chief Pledges to Deepen Ties With New U.S. Administration Energy
  • [ January 20, 2021 ] Stock Futures Flat in Early Morning Trading Ahead of Biden’s Inauguration Business
  • [ January 20, 2021 ] Yellen-Backed Policies Set to Aid Risk Assets, Raise Longer-Term Worries Business
  • [ January 20, 2021 ] Biden Leads Observance of America’s 400,000 COVID-19 Dead on Eve of Inauguration Health
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Stocks Hover Near Record High, Oil Skids on Demand Outlook

November 27, 2020 Focus Washington

Asian shares stalled near record highs on Friday as investors weighed renewed doubts about a highly-anticipated coronavirus vaccine against hopes that some of the region’s economies will recovery quicker than their Western peers, Reuters reported. […]

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World Shares Hold Close to All-Time Highs

November 26, 2020 Focus Washington

European shares were mixed on Thursday and world shares held near all-time highs after a strong Asian session in which market euphoria around COVID-19 vaccines, Joe Biden’s U.S. presidential election win and hopes for further […]

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Rising U.S. Weekly Jobless Claims, COVID-19 Cases Point to Slowing Economic Recovery

November 26, 2020 Focus Washington

The number of Americans filing first-time claims for jobless benefits increased further last week, suggesting that an explosion in new COVID-19 infections and business restrictions were boosting layoffs and undermining the labor market recovery, Reuters […]

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Yellen Would Need Congress to Approve Use of Clawed-Back Fed Loan Funds, Treasury Says

November 25, 2020 Focus Washington

President-elect Joe Biden’s Treasury secretary will need Congress to approve re-use of $455 billion in funds that the Trump administration is taking back from Federal Reserve and other pandemic lending programs, the Treasury said on […]

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Stocks Hit Record High as Biden Transition, Vaccines Brighten Outlook

November 25, 2020 Focus Washington

Global shares reached record highs on Wednesday after the Dow Jones broke 30,000, with investors relieved at the prospect of a smooth handover of power after the U.S. presidential election and confident a COVID-19 vaccine […]

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U.S. States Prepare Second Antitrust Lawsuit Against Google for December

November 24, 2020 Focus Washington

A bipartisan group of U.S. states plans to file an antitrust lawsuit against Google as early as next month, according to two people briefed on the matter, potentially beating a more widely anticipated lawsuit from […]

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Stocks and Oil Ride High on Biden Transition and Vaccine Hopes

November 24, 2020 Focus Washington

Stocks, oil and risk currencies gained on Tuesday as the formal go-ahead for U.S. President-elect Joe Biden to begin his transition burnished a November already boosted by COVID-19 vaccines, Reuters writes. European markets tracked gains […]

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Biden to Name Yellen to Treasury to Lead U.S. From Sharp Economic Downturn

November 24, 2020 Focus Washington

President-elect Joe Biden is expected to nominate former Federal Reserve Chair Janet Yellen as U.S. Treasury secretary, breaking a 231-year gender barrier and putting a seasoned economist and labor market expert in charge of leading […]

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Dow Futures Rise 200 Points to Kick off the Week Despite Jump in Coronavirus Cases

November 23, 2020 Focus Washington

Dow Jones Industrial Average futures were higher in early morning trade on Monday, even as Covid-19 cases rise in the U.S. and abroad, CNBC reported. Futures contracts tied to the Dow advanced 209 points. S&P […]

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G20 to Discuss Post-Pandemic World, Back Debt Relief

November 21, 2020 Focus Washington

Leaders of the 20 biggest world economies (G20) will debate this weekend how to deal with the unprecedented COVID-19 pandemic that has caused a global recession and how to manage the recovery once the coronavirus […]

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12 Million Americans Set to Lose Unemployment Benefits by Year’s End

November 20, 2020 Focus Washington

About 12 million Americans will lose unemployment benefits in December when CARES Act provisions lapse, absent an extension, according to a new analysis, CNBC reported. Unemployment benefits will terminate for more than half of current […]

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Most U.S. Companies Optimistic About Doing Business in China After Biden’s Win, Survey Finds

November 20, 2020 Focus Washington

The outlook for U.S. businesses in China is improving, whether politically or revenue-wise, the American Chamber of Commerce in Shanghai said in a survey released Friday, CNBC writes. Out of 124 company leaders surveyed from […]

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G20 Leaders Urged to Provide Funds for COVID-19 Vaccines, Drugs, Tests

November 20, 2020 Focus Washington

G20 leaders must help close a funding gap to buy vaccines, drugs and tests to combat the COVID-19 pandemic, a letter from South Africa’s president, Norway’s prime minister, and the heads of the World Health […]

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World Stocks Ease Further From Highs, Oil Dips on COVID-19 Count

November 19, 2020 Focus Washington

World stocks eased for the third day in a row and oil fell on Thursday tracking overnight weakness in Asia and Wall Street as widening COVID-19 restrictions weighed on market sentiment, Reuters reported. Positive news […]

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World Stocks Catch Breath After Vaccine Euphoria

November 18, 2020 Focus Washington

Global shares were little changed and oil rose on Wednesday as weak U.S. retail sales and a surge of new coronavirus cases dampened but did not extinguish the euphoria from recent COVID-19 vaccine breakthroughs, Reuters […]

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Despite Vaccine Progress, Investors Eye Fed Support as Coronavirus Surges

November 17, 2020 Focus Washington

Investors are weighing the chances the Federal Reserve will increase its purchases of U.S. government debt in coming weeks to counteract the economic fallout of a COVID-19 resurgence, an intervention that could reverse a recent […]

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Tesla to Join S&P 500, Spark Epic Index Fund Trade

November 17, 2020 Focus Washington

Tesla is set to join the S&P 500 in December, a major win for Chief Executive Elon Musk that boosted the electric car maker’s shares 14% on Monday in anticipation of a $51 billion trade […]

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Companies Gear up for Biden Administration With Lobbyist Hiring Spree

November 16, 2020 Focus Washington

As Joe Biden appeared to be on the path to winning the 2020 presidential election, several companies and business groups went on a hiring spree for lobbyists that could influence the incoming administration, CNBC informed. […]

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Saudi Aramco Plans Debt Market Comeback With Multi-Tranche Bond Deal

November 16, 2020 Focus Washington

Saudi Aramco said on Monday it had hired banks for a multi-tranche U.S. dollar-denominated bond issuance, as the world’s largest oil company seeks cash amid lower oil prices, Reuters informed. Gulf issuers have shown no […]

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Fed’s Rosengren Says Next 6 Months Will Be ‘Pretty Choppy’ Despite Vaccine News

November 11, 2020 Focus Washington

The next six months will remain turbulent as the global economy keeps grappling with the effects of the coronavirus pandemic, Eric Rosengren, president of the Federal Reserve Bank of Boston, told CNBC. Pfizer and BioNTech […]

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Huawei to Sell $15 Billion Honor Unit to Shenzhen Government, Digital China, Others

November 10, 2020 Focus Washington

Huawei plans to sell budget-brand smartphone unit Honor in a 100 billion yuan ($15.2 billion) deal to a consortium led by handset distributor Digital China and the government of its home town of Shenzhen, people […]

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Investors Celebrate Biden Winning U.S. Presidency

November 8, 2020 Focus Washington

Investors and financial executives took a big sigh of relief on Saturday after major networks declared Democrat Joe Biden winner of the U.S. presidential election, offering some certainty after days of conflicting reports about who […]

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Treasury Yields Fall as Investors Await U.S. Election Results

November 6, 2020 Focus Washington

10-year and 30-year U.S. Treasury yields dipped on Friday as investors continued to wait for the result of the presidential election, CNBC informed. The yield on the benchmark 10-year Treasury note fell to 0.775% at […]

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Fed Wants Low Profile but May Repeat That the Economy Needs Stimulus

November 5, 2020 Focus Washington

The Fed’s two-day meeting is expected to end Thursday with no new proclamations from the central bank, and Chairman Jerome Powell will be sure to distance himself from the election uncertainty, CNBC informs. But he […]

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Dow Futures Fall as Election Remains Undecided, but Nasdaq Futures Pop More Than 1%

November 4, 2020 Focus Washington

Dow Jones Industrial Average futures alternated between gains and losses on Wednesday as the results of the presidential contest so far failed to yield a clear winner on election night, CNBC reported. Dow futures traded […]

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S&P 500 Futures Turn Down After Trump Falsely Claims Victory With Key Votes Uncounted

November 4, 2020 Focus Washington

U.S. stock futures turned down on Wednesday in volatile trade after President Donald Trump claimed that he had won the U.S. election even though millions of votes were still uncounted, raising the specter of a […]

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Shares Rally Ahead of U.S. Election, Dollar Steady

November 3, 2020 Focus Washington

Asian equity markets rallied on Tuesday, with investors buoyed by strong factory output data from major economies, while the dollar and gold were little changed ahead of U.S. elections, Reuters reported. Elsewhere, S&P 500 futures rose […]

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U.S. Will ‘Vigorously Defend’ TikTok Executive Order Despite Ruling

November 2, 2020 Focus Washington

The U.S Commerce Department said on Sunday it would “vigorously defend” an executive order that seeks to bar transactions with Chinese-owned short video-sharing app TikTok after a federal judge halted the action, Reuters writes. U.S. […]

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With Biden Bets and Trump Hedges, Investors Prepare for U.S. Election Day

November 2, 2020 Focus Washington

Four years after Donald Trump’s surprise presidential victory roiled markets, investors are prepared for short-term trading turmoil and major long-term policy shifts, on the eve of Tuesday’s U.S. election, Reuters reported. Investors could confront dramatically […]

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NYC Businesses Board Up Windows Ahead of 2020 Presidential Election

October 31, 2020 Focus Washington

Manhattan business owners including Chanel and Levi’s boarded up their storefronts with plywood on Friday afternoon — as the NYPD warned of potential unrest as the presidential election draws near, New York Post reports. Workers […]

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  • U.S. President Joe Biden Calls for End to ‘Uncivil War’
    January 20, 2021
  • OPEC Chief Pledges to Deepen Ties With New U.S. Administration
    January 20, 2021
  • Stock Futures Flat in Early Morning Trading Ahead of Biden’s Inauguration
    January 20, 2021
  • Yellen-Backed Policies Set to Aid Risk Assets, Raise Longer-Term Worries
    January 20, 2021
  • Biden Leads Observance of America’s 400,000 COVID-19 Dead on Eve of Inauguration
    January 20, 2021

© 2018 Focus Washington