
Jeff Cox
- Englewood Cliffs, New Jersey, United States
- JeffCoxCNBCcom
Publications
- CNBC211 articles
- cnn.com2 articles
- Law.com1 article
- lawtechnologytoday.org1 article
- decanter.com1 article
- CNBC
Writes Most On
- Why the stock market is up amid chaos in the streets1 Jun 2020—CNBCA demonstrator runs to kick a crowd-control canister during a protest against the death of African-American man George Floyd under Minneapolis police custody, in Oakland, California, May 29, 2020. Stephen Lam | Reuters A global pandemic, racial strife, political upheaval — and a rising stock market amid the chaos. While it sounds a lot like 2020 it also has echoes all the way from 1968. Both years featured history-making levels of tumult, and both could end up being good years for investors....
- The coronavirus will cost the economy nearly $8 trillion, Congressional Budget Office says1 Jun 2020—CNBCNew Jersey First Lady Tammy Murphy hands out bags containing meals, face masks and other personal protective supplies to residents in need outside the NAN Newark Tech World during the outbreak of the coronavirus disease (COVID-19) in Newark, New Jersey, May 6, 2020. Mike Segar | Reuters The coronavirus likely will sap about $7.9 trillion of economic activity over the next decade-plus even with all of the rescue funding being poured in to offset the pandemic’s impact, according to a government...
- GDP is now projected to fall nearly 53% in the second quarter, according to a Fed gauge2 Jun 2020—CNBCA worker assembles an X model at the BMW manufacturing facility in Greer, South Carolina, November 4, 2019. Charles Mostoller | Reuters Economic activity in the second quarter has been cut by more than half, according to a tracker employed by the Atlanta Federal Reserve. The GDPNow outlook is now showing a 52.8% tumble, following data Monday that U.S. manufacturing remains firmly in decline and will weigh on investment and consumption. That data from the Institute for Supply Manufacturing...
- Negative interest rates could be needed for a ‘V’ recovery, Fed economist says2 Jun 2020—CNBCChris Wattie | Reuters Getting the U.S. economy back to strong growth could require negative interest rates, according to a St. Louis Federal Reserve economist. As many economists dismiss the likelihood of the current record-breaking slump being followed by an equally aggressive recovery, central bank economist Yi Wen said in a paper on the St. Louis Fed’s website that achieving that kind of a rebound is necessary and possible. The key, he said, is using aggressive stimulus even beyond what...
- Private payrolls decline by 2.76 million in May, ADP says, a much smaller drop than feared3 Jun 2020—CNBCSee The Full Clip 3 watch now Companies trimmed another 2.76 million workers in May as the coronavirus pandemic continued to slice through the U.S. economy, according to a report Wednesday from ADP. Job losses were especially deep in large businesses, which reported a decline of more than 1.6 million. Manufacturing took one of the biggest hits as the sector lost 719,000 workers. The reported total was well below the 8.75 million estimate from economists surveyed by Dow Jones and could be...
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