Powell warns of ‘significant uncertainty’ about the recovery and says small businesses are at risk

The Fed chairman repeated warnings about the economy during the first day of his semiannual testimony before Congress. Economy ECONOMY NEWS UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% … Read more…

Coronavirus live news: China abandons GDP target for first time due to ‘great uncertainty’

Beijing tells regions to ‘tighten their belts’ amid Covid-19 fallout; Trump appears at Michigan factory without mask; Italy death toll could be 60% higher than assumed. Follow the latest updates China abandons GDP target Trump pushes for churches to reopen … Read more…

Fed minutes show fears of ‘extraordinary amount of uncertainty and considerable risks’ because of coronavirus

The meeting, which ended April 29, concluded with the central bank’s policymaking arm holding steady on interest rates and pondering future measures ahead. Economy ECONOMY NEWS UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card … Read more…

Commander of confusion: Trump sows uncertainty and seeks to cast blame in coronavirus crisis

Trump’s machinations have a dogged showman’s quality, trying to erase memories from his two months of playing down the covid-19 threat. Politics SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% … Read more…

Though coronavirus-driven uncertainty reigns, Lowe’s CEO says business is holding up

Like many retailers that sell items considered essential, Lowe’s is seeing some benefit from the coronavirus outbreak (beyond just being able to keep stores open). Shoppers are buying large appliances like freezers and refrigerators to store food they’ve purchased in … Read more…

Dow plummets over 2,000 points over coronavirus uncertainty, plunging oil prices

Markets are teetering close to bear market territory. ABC News: Top Stories SPECIAL NEWS BULLETIN: http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles … Read more…

Franchising growth could fall to lowest rate in four years amid election year uncertainty

The International Franchise Association’s Franchise Business Economic Outlook for 2020 projects the number of franchised business in the U.S. will increase by 1.5% to a total of 785,316 — adding 232,000 jobs this year to reach 8.6 million employees. Small … Read more…

Fed’s Beige Book Indicates Positive Outlook Despite Trade-Related Uncertainty

A report from the Federal Reserve on Wednesday said economic activity continued to expand at a modest pace overall from mid-May through early July. The Fed referenced widespread concerns about the possible negative impact of trade-related uncertainty but said the … Read more…

UK’s largest housebuilder calls on lawmakers to move forward with Brexit and stop the uncertainty

Brexit uncertainty is "unhelpful" for those seeking to buy a home, the CEO of the U.K.'s largest housebuilder by volume told CNBC Thursday. Real Estate BEST DEAL UPDATE: Easily Sell Your Home With ForSaleByOwner! A Home Sells with ForSaleByOwner Every … Read more…