Fed's Quarles defends decision to let banks maintain dividends
A senior Federal Reserve official on Tuesday defended before Congress the central bank's decision to allow lenders to continue issuing dividends, even as the regulator seeks...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
U.S. attorneys seek Amazon data on coronavirus-linked worker deaths, infections
A group of 13 U.S. attorneys general on Tuesday asked Amazon.com Inc to provide data on coronavirus-related deaths and infections among its workforce, along with evidence...
Exclusive: U.S. airlines tell crews not to force passengers to wear masks
The top three U.S. airlines have told their flight attendants not to force passengers to comply with their new policy requiring face coverings, just encourage them...
Twitter to let some employees to work from home permanently
Twitter Inc on Tuesday became the first major tech company to allow employees who can work remotely to do so indefinitely, as the coronavirus outbreak forces...
Stock market rally pauses, bonds edge higher on fears of second virus wave
World equity markets slid and safe-haven bonds climbed on Tuesday as rising concerns about a second wave of coronavirus infections outweighed stronger economic data from China...
S&P 500 tumbles on fears of virus resurgence in economic reopening
The S&P 500 dropped 2% on Tuesday as investors took profits following a warning from the top U.S. infectious disease expert that premature moves to reopen...
KKR leads $43 million investment round in Slice pizza platform
U.S. private equity firm KKR & Co Inc said on Tuesday it led an investor group making a $43 million investment in Slice, an online delivery...
House Democrats' stimulus bill rolls back $10,000 SALT cap for 2 years
A new coronavirus relief bill has been proposed, and House Democrats are seeking to roll back the $10,000 cap on state and local tax deductions.
S&P 500 dips on fears of virus resurgence in economic reopening
The S&P 500 dipped in choppy trading on Tuesday as the top U.S. infectious disease expert warned Congress that a premature opening of the nation's economy...
House Democrats propose a new coronavirus stimulus relief bill. It includes a second round of $1,200 checks
Congressional Democrats proposed a new stimulus package on Tuesday. The bill calls for a second round of stimulus checks of $1,200 per individual, or up to...
U.S. reports record $738 billion budget deficit in April
The United States on Tuesday reported a record $738 billion budget deficit in April as an explosion in government spending and a shrinking of revenues amid...
China working to fulfil pledge on U.S. purchases despite import slowdown: sources
China is committed to its Phase 1 trade deal with the United States and is working towards meeting its promise to boost U.S. purchases, even though...
U.S. attorneys general ask Amazon for data on COVID-19-linked worker deaths, infections
A group of 13 U.S. attorneys general asked Amazon.com on Tuesday to provide data on coronavirus-linked infections and deaths among its workforce, along with evidence of...
Coronavirus crisis leads to largest U.S. consumer price decline since 2008
U.S. consumer prices dropped by the most since the Great Recession in April, weighed down by a plunge in demand for gasoline and services including airline...
S&P 500 edges lower on risks linked to economy reopening
The S&P 500 dipped in choppy trading on Tuesday as the risks of reopening the economy too soon overshadowed hopes of a jump-start to a battered...