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Saturday, September 26, 2020
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Banking 2020 World Outlook

2020 World Outlook

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Tarrant County reports 3 COVID deaths on Thursday

Tarrant County Public Health reported two COVID-19 deaths on Thursday, Sept. 24. The deceased include a woman from Benbrook in her 90s...

Tarrant County reports five COVID deaths on Wednesday

Tarrant County Public Health reported five COVID-19 deaths on Wednesday, Sept. 23. The deceased include a woman from Bedford in her 90s,...

Tarrant County reports 3 COVID deaths on Tuesday

Tarrant County Public Health reported three COVID-19 deaths on Tuesday, Sept. 22. The deceased include a woman from Fort Worth in her...

US death toll from coronavirus hits 200,000

By CARLA K. JOHNSON AP Medical Writer The U.S. death toll from the coronavirus topped 200,000 Tuesday, a figure...

This year will be the world economy’s worst since the Great Depression of the 1930s, the International Monetary Fund says, due to the effects of the spreading viral pandemic.  The IMF expects the global economy to shrink 3% this year before rebounding in 2021 with 5.8% growth. The prospect for a rebound next year remains uncertain, however.   “The world has been put in a great lockdown,’’ the IMF’s chief economist, Gita Gopinath, told reporters. “This is a crisis like no other.”
According to the IMF’s latest projections, economies will shrink 5.9% in the United States, 7.5% in the 19 euro zone countries, 5.2% in Japan and 6.5% in the United Kingdom. China, where the pandemic originated, is expected to eke out 1.2% growth this year. The world’s secondbiggest economy began to reverse its lockdown well before other countries.   Worldwide trade will plummet 11% this year, the IMF predicts, and then grow 8.4% in 2021

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Latest News

Initial public offerings to debut next week include sporty Texas offering

NEW YORK (AP) — The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF...

Probe into ‘discarded’ ballots becomes campaign outrage fuel

By CHRISTINA A. CASSIDY and MARK SCOLFORO Associated Press HARRISBURG, Pa. (AP) — The news release from a U.S....

Encore Bank announces DFW expansion; names Fort Worth president

Encore Bank Vice Chairman and President Phillip Jett announced Sept. 23 the expansion of Encore Bank into Dallas and Fort Worth and the hiring of...

Southside Bancshares to ring NASDAQ opening bell on Monday, Sept. 28

Southside Bancshares Inc. (Nasdaq: SBSI), the holding company of Southside Bank, will ring the Nasdaq Opening Bell on Sept. 28, 2020 from...

East Texas official arrested for alleged mail-in voter fraud involving 2018 Democratic primary for local seat

By Emma Platoff, The Texas Tribune Sept. 24, 2020 "East Texas official arrested for...