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Coronavirus Economic Weekly News 08August 2021

Written by rjs, MarketWatch 666News posted last week about economic effects related to the coronavirus 2019-nCoV (aka SARS-CoV-2), which produces COVID-19 disease, has been surveyed and some articles are summarized here. We cover the latest economic data, especially the prospects for an infrastructure bill, stimulus checks, government funding, the Fed, the latest employment data, housing market reports, mortgage delinquencies & forbearance, travel, layoffs, lockdowns, and schools, as well as infrastructure and GDP. The bulk of the news is from the U.S., with a few more articles from overseas at the end. (Picture below is morning rush hour in downtown Chicago, 20 March 2020.) News items about epidemiology and other medical news for the virus are reported in a companion article. ....

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BOJ Flags New Step on Climate, Extends Covid Support Program

BOJ Flags New Step on Climate, Extends Covid Support Program
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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Old AMLO Ally Faces Fight to Re-Empower Mexico Finance Ministry

Old AMLO Ally Faces Fight to Re-Empower Mexico Finance Ministry
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Old AMLO Ally Faces Fight to Empower Mexico Finance Ministry

Old AMLO Ally Faces Fight to Empower Mexico Finance Ministry
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Asian Stocks Set to Retreat; Treasury Yields Rise: Markets Wrap

(Bloomberg) U.S. stocks finished mostly lower as benchmark Treasury yields climbed to the highest levels in a year, renewing concern that rising borrowing costs and price pressures could derail the economic recovery.The S&P 500 Index turned negative in the final minutes of trading Friday, ending lower for the first week in three. Utilities and consumer staples led the declines, while the materials and energy sectors finished in the green. The tech-heavy Nasdaq 100 was weighed down by Microsoft Corp. and Facebook Inc.“The two big things right now are waiting for stimulus and this idea of the reflation trade investors have a keen eye out for signs of inflation,” said Shawn Snyder, head of investment strategy at Citi Personal Wealth Management. “You see Treasury yields moving higher, that’s causing a bit of consternation in the markets.”Corporate earnings reports had given investors something to think about on Friday other than the relentless ri ....

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