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US Federal Reserve.

US Fed slashes rates to near zero over COVID-19

Washington, Policenama Online - The US Federal Reserve has cut its benchmark interest rate by a full percentage point to near zero and will increase its bond holdings by at least $700 billion amid mounting fears over COVID-19 outbreak."The…

US stocks slightly amid mixed earnings, downbeat data

New York, Policenama Online - US stocks finished Tuesday's session with modest losses, driven by a slew of mixed earnings reports and downbeat economic data.The Dow Jones Industrial Average decreased 19.30 points, or 0.07 per cent, to…

US stocks rally amid strong earnings, trade hopes

New York, Policenama Online - US equities finished higher on Monday, boosted by strong corporate earnings and positive signs concerning global trade.The Dow Jones Industrial Average increased 132.66 points, or 0.49 per cent, to 27,090.72.…