Page 18 - Bernard Baumohl News Today : Breaking News, Live Updates & Top Stories | Vimarsana

4 Min Read NEW YORK (Reuters) -A tech-led rally pushed Wall Street higher on Thursday and Treasury yields extended their pull-back from recent peaks as market participants digested the U.S. Federal Reserve’s pledge to stay the course with its dovish monetary policy. FILE PHOTO: A man walks past the New York Stock Exchange on the corner of Wall and Broad streets in New York City, New York, U.S., March 13, 2020. REUTERS/Lucas Jackson/File Photo The Nasdaq was sharply higher while the S&P 500, while up more modestly, was on track to notch another record high. But the blue-chip Dow was in the r...

Survey: Top economists see slowing economic recovery from coronavirus pandemic in 2021 The U.S. economy in 2021 will continue to recover from this year’s steep coronavirus-induced downturn, but at a much slower pace than earlier in the spring, according to Bankrate’s Fourth-Quarter Economic Indicator survey. The nation’s top economists are expecting joblessness a year from now to sink by less than one percentage point — to about 6 percent, compared with its current level of 6.7 percent — meaning unemployment will still hold well above pre-pandemic levels. Meanwhile, U.S. employers a...

COVID-19 pandemic is worsening a slowdown in population growth that's delivering yet another blow to the economy