Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2020. Lucas Jackson | REUTERS Heading into earnings season, investors should expect delayed reports, withdrawn forecasts and confusing results from U.S. businesses grappling with the coronavirus shutdown.  There is a general consensus that company earnings are going
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The Centre of Indian Trade Unions on Monday said it denounces government decision to drastically reduce the interest rates on small savings by around 140 basis points as it will financially impact the masses, demanding restoration of the rates . “This will affect financially the mass of the populace, the superannuated, income-less several crores of
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This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  Global cases: More than 885,000 Global deaths: At least 44,000 US cases: At least 190,000 US deaths: At least 4,100 The data above was compiled
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A Jeep Renegade rolls down an assembly line at Fiat Chrysler’s Melfi assembly plant in Italy in 2015. Michael Wayland / CNBC Check out the companies making headlines after the bell. Verint Systems — Shares of the analytics company tumbled 12% in extended trading after Verint Systems missed analysts’ estimates on both earnings and revenue in
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NoDerog | E+ | Getty Images Those government stimulus checks should be on their way soon to millions of Americans. Many people have still have a lot of questions about them. Last week, Washington lawmakers approved a $2 trillion relief bill in response to the coronavirus outbreak that includes a payment of $1,200 for single taxpayers
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Don’t be surprised if your employer pauses its contributions to your 401(k) plan during the U.S. economic downturn. As the coronavirus pandemic wallops the economy, and businesses deal with dropping revenue and limited cash flow, employers are exploring how to trim their obligations to those plans without violating federal regulations. Companies commonly give to worker’s
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Amid a global pandemic and sharp economic slowdown, college-bound high school seniors are giving their state schools a second look. Thanks to heightened financial concerns, students and families may be more likely to choose local and less-expensive public schools rather than private universities far from home, according to Robert Franek, editor in chief of The Princeton Review
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NEW DELHI: Trade and investment ministers of the G-20 group have agreed to ensure fair trade and continued flow of vital medicines as well as other essential goods to tackle Covid-19 pandemic. According to a joint statement issued after a video conference, the ministers agreed to support the availability and accessibility of essential medical supplies
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European markets advanced on Tuesday, following a positive lead set in Asia after Chinese manufacturing data rebounded in March. The pan-European Stoxx 600 climbed 1.7% in early trade, with travel and leisure stocks jumping 4.7% to lead gains as all sectors and major bourses entered positive territory. European stocks reacted positively to data out Tuesday
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