Latest Steven Mnuchin News
Wall Street steadies itself following encouraging reports
NEW YORK (AP) — U.S. stocks are drifting upward on Thursday as a couple reports on the economy that were better than expected help to stabilize Wall Street following its worst rout in four months. The S&P 500 was 0.6% higher following encouraging data on the pace of layoffs and on how powerfully the...
Pelosi scolds White House over no response in virus talks
WASHINGTON (AP) — House Speaker Nancy Pelosi issued a scolding assessment of COVID-19 relief talks on Thursday, blaming Treasury Secretary Steven Mnuchin for failing to produce answers to her demands for Democratic priorities as part of an almost $2 trillion aid package. Pelosi lobbed her latest public...
Asian shares lower, US futures up after S&P 500 sinks 3.5%
Asian shares declined Thursday and U.S. futures turned higher after the S&P 500 slid 3.5% overnight for its biggest drop since June. The selling in U.S. markets followed broad declines in Europe, where the French president announced tough measures to slow the virus’ spread and German officials agreed...
Asian stocks fall on worries over rising virus cases, US aid
TOKYO (AP) — Asian shares headed lower Wednesday on worries about rising virus counts and Washington's inability to deliver more aid to the economy. The uncertainty surrounding the upcoming U.S. election also has regional market players hesitant to make big moves. Japan's benchmark Nikkei 225 fell 0.3%...
Asian shares slip after Wall St's worst day in a month
Shares skidded in Asia on Tuesday after surging coronavirus cases and waning hopes for U.S. economic stimulus gave Wall Street its worst day in a month. Stock benchmarks fell in Tokyo, Shanghai, Hong Kong and Sydney. Shares were flat in South Korea, where economic growth data were slightly better than expected. ...
US stocks shake off a wobbly start and end mostly higher
U.S. stock indexes closed mostly higher Friday, though the S&P 500 posted its first weekly loss in four weeks. The benchmark index eked out a 0.3% gain after another day of wobbly trading. The Dow Jones Industrial Average finished with a small loss. Gains in communication services, health care and other...
Asian shares, US futures gain after last Trump-Biden debate
Shares were mostly higher in Asia on Friday after President Donald Trump and his challenger former Vice President Joe Biden faced off in their second and final debate before the Nov. 3 election. Stocks rose in Tokyo, Hong Kong and Seoul but fell in Shanghai. Sydney's benchmark ended flat. In their debate late...
The Latest: Trump says he will vote in person
WASHINGTON (AP) — The Latest on the presidential campaign (all times local): 1:30 a.m. President Donald Trump is taking his own advice and plans to vote in person in the presidential election on Saturday in Florida. Trump is heading to his home state Friday for campaign rallies at The Villages and in...
US jobless claims drop to 787,000, but layoffs remain high
WASHINGTON (AP) — The number of laid-off Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels. Last week's figure was down from 842,000 the previous week, the Labor Department said Thursday. The...
Asian stocks follow Wall Street lower on lack of US aid plan
BEIJING (AP) — Asian stocks followed Wall Street lower on Thursday as investors watched Washington for signs of whether political leaders can agree on an economic aid plan in the two weeks before the Nov. 3 presidential election. Market benchmarks in Shanghai, Tokyo, Hong Kong and Seoul retreated. On Wall...
LOADING MORE STORIES
