Main Street

Fed launches long-awaited Main Street lending program, seeks to reach nonprofits

The program, targeted at companies that were in good shape before the pandemic but may now need financing to retain workers and fund operations, will offer up to $600 billion in loans through participating financial institutions to U.S. businesses with up to 15,000 employees or with revenues up to $5 billion.

Bank of Japan launches its version of Fed's 'Main Street' lending scheme

In an emergency meeting on Friday, the Bank of Japan also extended the deadline for a raft of measures it has put in place to combat the fallout from the virus, including accelerated corporate debt purchases, by six months to March 2021.

Luxury retailers prefer mall space over main streets/hotels

The report, which highlights the changing luxury retail scenario in India, says that of the total current operational mall space in the organized retail sector across the top seven cities of India is estimated at 66 million (approx.) sq. ft. of which luxury retail space is only 770,000 sq. ft.

'Dr. Boom'? Roubini sees two years of stock gains

Stocks have staged a huge surge this year despite tepid economic growth, with the Standard and Poor's 500 rising 0.6 percent Monday and 15 percent for 2015.

Rallies end sometime, but this one may not end soon

Walter Zimmerman, senior technical analyst at United-ICAP said, "Looking at the near-term indicators, it looks like all we`re likely to get here is a bull market correction," he said. "And that`s a ways away, but it would still fit the bill for a broadening top pattern."