The Fed chairman cited the risk that the pandemic will cause the U.S. lasting economic harm
The Fed said another program to buy debt directly from issuers will launch 'in the near future'
Stocks have bounced back, but investors keep pouring money into gold exchange-traded funds
PNC acquired the world's largest asset manager for $240 million in 1995
Some smaller companies have joined the rush to return PPP loans in response to the Trump administration's rules and guidance
The central bank is expected to target the giant fixed-income ETFs; it may also invest in funds with defined maturity dates
The attrition is occurring in niche offerings that are suffering amid investors' flight to safety
The funds face the challenge of declining rates as their assets hit $4.77 trillion amid the flight to safety
The program aims to attract younger investors, with the minimum investment set at $5
The CEO sees taxes rising for individuals and companies, and predicted the corporate rate will be raised from the current 21% up to 28% or 29%
