By Karen Pierog CHICAGO (Reuters) – A move by the Federal Reserve on Thursday to aid states, counties and cities facing a coronavirus-caused cash crunch helped boost the troubled U.S. municipal bond market. Prices in the $3.8 trillion market where states, cities, schools and other issuers sell debt, ticked higher in the wake of the […]
NEW YORK (Reuters) – Expectations that the U.S. economic rebound will slow in the second half are weighing on small cap stocks, forcing fund managers to look for companies that could continue to profit in a lower growth environment.FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in New York, […]
BEIJING (Reuters) – Starbucks will invest 900 million yuan ($130 million) to build the first phase of a coffee complex in the Chinese city of Kunshan, near the commercial hub of Shanghai, with completion targeted for 2022, it said on Friday. It is Starbucks’ largest investment in a production facility outside the United States and […]
