Business News
Wells Fargo mortgage offices in India may be black eye for bank during coronavirus lockdown
New York Post - 12 Apr 2020 05:11
Wells Fargo's sprawling back offices in India, struggling to process residential mortgage deals amid a coronavirus lockdown, may be the next black eye for America's beleaguered third-largest bank, mortgage lenders famili...
OPEC, Allies Look to Resolve Saudi-Mexico Standoff
Wall Street Journal - 12 Apr 2020 15:04Young Shale CEO Asks Texas to Curb Oil Output as Coronavirus Cuts Prices
Wall Street Journal - 12 Apr 2020 14:00
Matt Gallagher, the 37-year-old leader of Parsley Energy, wants fellow Texas oil producers to support a mandated production cut, as an industry where wildcatters frown at government intervention deals with a steep drop i...
Why Do Bear Market Rallies Occur?
Forbes - 12 Apr 2020 13:37
Despite the economic uncertainty and the imminent start of the earnings season the stock market had its best week in 45 years. This has many wondering if this is a new bull market or just a bear market rally. Others wond...
EU's Vestager says EU nations should buy stakes to block Chinese takeovers: FT
Reuters - 12 Apr 2020 21:43
The European Union's competition chief told the Financial Times that member countries should buy stakes in companies to counter the threat of Chinese takeovers, with her comments coming as the EU formulates plans to prot...
In Photos: World Celebrates Easter Remotely, In The Shadow Of Coronavirus
Forbes - 12 Apr 2020 19:23
As worshippers stay home, empty churches and lonely easter egg hunts are the new normal.
How Mike Conley Can Win ESPN's HORSE Tournament
Forbes - 12 Apr 2020 17:00
Sunday night will mark the debut of ESPN's NBA HORSE tournament, and Utah Jazz point guard Mike Conley will be among the eight participants. Here are the shots he should use to emerge victorious.
Tough times ahead for small business owners
CBSNews - 12 Apr 2020 15:20
According to the U.S. Chamber of Commerce, nearly a quarter of small businesses (which employ more than half of all U.S. workers) may close permanently within two months without a financial lifeline
Spain's Lawmakers Plan to Provide Basic Income to Low-Income Residents
Bitcoin.com - 12 Apr 2020 15:15
Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set ...
Check Your Balance: Has Your Stimulus Check Arrived?
Forbes - 12 Apr 2020 02:45
Did your stimulus check arrive already?
NewsWatch: 16 million people just got laid off but U.S. stocks had their best week in 45 years
Market Watch - 12 Apr 2020 18:00
How can these two things - double-digit unemployment and double-digit stock gains - be true at the same time?
Wider Closed-End Fund Discounts Have Historically Been A Good Sign, Should You Bite?
Forbes - 12 Apr 2020 16:49
Currently closed-end fund discounts appear relatively wide, does that make them attractive to investors?
Young Shale CEO Asks Texas to Curb Oil Output as Coronavirus Cuts Prices
Wall Street Journal - 12 Apr 2020 14:005 Ways To Launch Your Startup Faster
Forbes - 12 Apr 2020 02:40
Agility, efficiency, decisiveness and adaptation are how today's successful entrepreneurs beat startup's low success rates. Here are five ways to launch your startup faster without working day and night.
Mexican president's nationalist oil vision fuels standoff with Saudis
Reuters - 12 Apr 2020 00:37
The biggest supply cut ever contemplated by the world's top oil producers is hanging in the balance as a refusal by Mexico's leftist leader to imperil his plans to rebuild state oil company Pemex has angered the Saudi pr...
When Will Your Retirement Nest Egg Rise Again To Recover Its Losses?
Forbes - 12 Apr 2020 23:40
Does the past reveal how long it will take for the market to fully recover for its current drop? And will if matter if the economy enters the expected recession, no matter how bad it is?
Zombie Airlines Are Flying Into The Arms Of The Government
Forbes - 12 Apr 2020 22:16
US airlines are being zombified, and willingly flying into the arms of the government. This is the first step towards a massive restructuring of the industry.
GOOD NEWS: This 17-Year Old's Nonprofit Is Delivering Food To Boomers In 12 Cities (And He Started 3 Weeks Ago)
Forbes - 12 Apr 2020 19:01
In 3 weeks, Danny Goldberg's Zoomers To Boomers organization has expanded to 12 cities, worldwide
No, You Might Not Get A $1,200 Stimulus Check
Forbes - 12 Apr 2020 18:30
Will you get a $1,200 stimulus check?
Stocks This Week: Buy American Tower And AON
Forbes - 12 Apr 2020 18:04
Here are two stocks that will outperform the market in this rally.
Great Depression Economics 101: What Historical Numbers And Charts From The Great Depression Foretell About The Economy And Stock Market
Forbes - 12 Apr 2020 16:56
Historical economic trends from the Great Depression provide useful information for estimating the the depth and duration of the current contraction, along with associated stock market risk.
What Can We Learn From The Recent Stock Market Rally?
Forbes - 12 Apr 2020 16:45
After a historic market rally, what does market history tell us about the path forward?