Estimate

Goldman Sachs boosts U.S. GDP estimate, sees COVID relief at $1.5 trillion

FILE PHOTO: A view of the Goldman Sachs stall on the floor of the New York Stock Exchange July 16, 2013. REUTERS/Brendan McDermid February 8, 2021 (Reuters) – Economists at Goldman Sachs Group Inc on Monday bumped their U.S. GDP forecast for the second quarter up to 11% from 10% and said additional fiscal …

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U.S. Treasury slashes first-quarter borrowing estimate due to higher cash balance

FILE PHOTO: The U.S. Treasury building is seen in Washington, September 29, 2008. REUTERS/Jim Bourg February 1, 2021 By Karen Brettell (Reuters) – The U.S. Treasury said on Monday it plans to borrow $274 billion in the first quarter, significantly lower than the November estimate of $1.127 trillion, with the decline due to the …

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Intel forecasts first-quarter revenue, profit above estimate as PC chip sales see some recovery

FILE PHOTO: An Intel Tiger Lake chip is displayed at an Intel news conference during the 2020 CES in Las Vegas, Nevada, U.S. January 6, 2020. REUTERS/Steve Marcus/File Photo January 21, 2021 By Stephen Nellis and Ayanti Bera (Reuters) – Intel Corp on Thursday forecast first-quarter revenue and profit above Wall Street expectations, continuing to …

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Estimate: Millions Lost Benefits as Congress Failed to Meet Trump Demand for $2,000 Stimulus Checks

Millions of people lost federal unemployment benefits on Saturday as Congress failed to meet President Donald Trump’s demand for $2,000 stimulus checks to be added to the pandemic relief bill passed by both chambers last week. According to an estimate by The Century Foundation (TCF), 12 million people lost unemployment benefits when two programs funded …

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