The U.S. Federal Reserve bought $428 million in bonds of individual companies through mid-June, making investments in household names like Walmart and AT&T.
As market trading soars in spite of coronavirus and stock deals like the planned one from bankrupt Hertz attract notice, SEC Chair Jay Clayton says the need for financial literacy is greater than ever.
Dow futures jump Wednesday, one day after the Dow Industrials soared more than 500 points. Fed Chairman Jerome Powell testifies virtually to Capitol Hill again.
As the coronavirus pandemic threatens the global economy, the debate over whether negative interest rates could spur economic growth has once again come to the forefront.