Bloomberg Daybreak: June 16, 2020 – Hour 1 (Radio)

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Bloomberg Daybreak: June 16, 2020 – Hour 1 (Radio)

Bloomberg Daybreak with Karen Moskow and Nathan Hager. GUESTS: Michael Hewson Chief Market Analyst CMC Markets. Jihye Lee Editor
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US bank profits plunge 70% on coronavirus loss provisioning

WASHINGTON (Reuters) – U.S. bank profits fell by 69.6% to $18.5 billion in the first quarter of 2020 from the year prior as banks felt the economic impact of the novel coronavirus pandemic, according to new data from a banking regulator. The Federal Deposit …
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Stocks Rally on Wall Street, but Markets Remain Skittish

NEW YORK (AP) — Stocks are rallying worldwide on Tuesday, and Wall Street is heading for its third straight gain after U.S. retail sales rebounded last month by much more than economists were expecting. The S&P 500 was up 1.8% in midday trading, but …
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North American stock markets climb in late-morning trading, loonie up

TORONTO — Canada’s main stock index was up in late-morning trading, buoyed by a broad-based rally, while U.S. stocks also traded higher. The S&P/TSX composite index was up 231.40 points at 15,591.06. article continues below …
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Houston ranks first in country for postal workers bitten by dogs

While nationwide dog-on-postal worker attacks were down in 2019, Houston took the top spot in a list of cities with the most attacks. Houston postal workers reported 85 dog attacks in 2019, according to the United States Postal Service. Those attacks were …
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