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SEC Chairman Jay Clayton says Americans need financial literacy now more than ever
Federal Reserve chief Jay Powell said on Tuesday in his congressional testimony that the recession in the wake of the coronavirus pandemic could widen income inequality for minorities and Americans in lower-income categories. Securities and Exchange Commission Chairman Jay Clayton says the SEC can play a role in addressing economic inequality. […]
Stocks making the biggest moves after hours: Nikola, Spotify, Hertz and more
Passengers board an American Airlines flight to Charlotte, North Carolina at San Diego International Airport on May 20, 2020 in San Diego, California. Sandy Huffaker | Getty Images Check out the companies making headlines after the bell. Hertz — Shares of the car rental company whipsawed and fell 4% in […]
Soccer: Players take a knee as Premier League restarts
Soccer Football – Premier League – Manchester City v Arsenal – Etihad Stadium, Manchester, Britain – June 17, 2020 Arsenal’s Pierre-Emerick Aubameyang gestures as he takes a knee with Manchester City’s Kevin De Bruyne and referee Anthony Taylor before the match as play resumes behind closed doors following the outbreak […]
Manfred, MLBPA’s Clark agree to framework of 2020 season
June 17, 2020 Major League Baseball commissioner Rob Manfred and players union executive director Tony Clark re-opened talks geared toward getting baseball back on the field and away from the negotiating table and are closing in on an agreement. “At my request, Tony Clark and I met for several hours […]
MLB and players agree framework for 2020 season
FILE PHOTO: Rob Manfred, commissioner of Major League Baseball, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson/File Photo June 17, 2020 (Reuters) – Major League Baseball (MLB) Commissioner Rob Manfred said on Wednesday he met with the head of the […]
Pilot in Kobe Bryant helicopter crash may have become disoriented in heavy fog, NTSB says
FILE PHOTO: Sherriffs and officials investigate the helicopter crash site of NBA star Kobe Bryant in Calabasas, California, U.S., January 27, 2020. REUTERS/Danny Moloshok/File Photo June 17, 2020 LOS ANGELES (Reuters) – U.S. federal safety investigators said on Wednesday that the pilot of a helicopter that crashed in foothills near […]
Europe’s wage schemes shielded households from most income losses, ECB says
FILE PHOTO: A woman, wearing a protective mask walks past the head quarter of the European Central Bank (ECB) during sunset in Frankfurt, Germany, April 29, 2020, as the spread of the coronavirus disease (COVID-19) continues. REUTERS/Kai Pfaffenbach June 17, 2020 FRANKFURT (Reuters) – Government wage subsidy schemes shielded eurozone […]
Fed’s Mester says rebound from likely record economic decline depends on containing coronavirus
FILE PHOTO: Cleveland Federal Reserve Bank President Loretta Mester speaks in London, Britain, July 2, 2019. REUTERS/Marc Jones June 17, 2020 (Reuters) – The U.S. economy could face a record decline in the second quarter and the strength of the recovery will largely depend on the success of efforts being […]
Sneak peek: Maria Spencer’s Vow to Kill
Watch CBSN Live A woman repeatedly threatened to kill her ex. She enlisted her father to help make good on her promise. Why couldn’t anyone stop her? “48 Hours” correspondent Peter Van Sant reports Saturday, June 20 at 10/9c on CBS. Copyright © 2020 CBS Interactive Inc. All rights reserved. […]