Market News
Online Education Becomes Teacher's Pet In COVID-19 Crisis
Forbes - 20 Mar 2020 18:26
Online education curriculum tools and the infrastructure to communicate with students remotely are playing a critical role in keeping students connected amid school closures due to the coronavirus.
Hedge Funds Hit by Losses in 'Basis Trade'
Wall Street Journal - 20 Mar 2020 01:40
A wide swath of hedge funds was hit by the recent unwinding of the so-called basis trade last week.
Coronavirus Stimulus: That $1,200 Check And Two Other Numbers That Will Affect Your Wallet
Forbes - 20 Mar 2020 23:06
All eyes are on Trump's economic stimulus plan.
Stocking Our Pandemic Pantries: Heroics From Walmart, Target, Costco, Kroger, And Others
Forbes - 20 Mar 2020 22:43
This global pandemic has shown us the creative capabilities of some of our leading retailers in a time of darkness, fear and confusion. Kudos to the front liners who have met the match.
Analysts Slash GDP Estimates as Coronavirus Ripples Through Economy
Wall Street Journal - 20 Mar 2020 22:41
Analysts now project U.S. growth could shrink at rates far worse than the 2008 global recession, ending weeks of cautious optimism about the economy's ability to withstand the fallout from the coronavirus.
Staring At $20 Oil Prices, Exploration And Oilfield Services Firms Prepare To "Write-Off" 2020
Forbes - 20 Mar 2020 22:36
Facing the unknown, many firms across the oil and gas sector have already bunkered up and given up on the current trading year.
Coronavirus Impact: 62% Of Americans Want Border Closed
Forbes - 20 Mar 2020 21:09
President Trump got his wall, an invisible one, but a wall nonetheless. Most Americans think it's needed at this time.
The CARES Act Would Suspend TCJA Tax Loss Limitations
Forbes - 20 Mar 2020 20:51
Congress should proceed with new legislation like the "Coronavirus Aid, Relief, and Economic Security Act," or "CARES Act," to provide additional tax relief, beyond the Treasury Department moving the April 15 tax deadlin...
As The Euro Zone Economy Creaks A Financial Heave Ho From Von Der Leyen
Forbes - 20 Mar 2020 20:48
These have sought to ensure a level playing field and a viable economy built on a platform of sound money.
Airbnb Racks Up Hundreds of Millions in Losses Due to Coronavirus
Wall Street Journal - 20 Mar 2020 18:58
Airbnb Inc. is considering raising capital from new investors, as the home-sharing giant wrestles with escalating losses due to the devastating impact of the coronavirus pandemic on its global business, according to peop...
2008 Vs. 2020: A Warning To The Greedy
Forbes - 20 Mar 2020 18:57
During the historic events and financial chaos of the past month, I realized something that should have been obvious.
Trump Temporarily Suspends Payments On Federal Student Loans
Forbes - 20 Mar 2020 18:40
Loan payments will be suspended for at least the next 60 days.
Unemployment Headed For 40-Year High--And Trump Reportedly Tells States Not To Release Data
Forbes - 20 Mar 2020 18:28
The U.S. is bracing for millions of job losses.
Oil Prices Set for Large Weekly Decline
Wall Street Journal - 20 Mar 2020 17:55
Crude prices were on track for another large weekly decline, with Saudi Arabia and Russia locked in a price war while the coronavirus wreaks havoc on oil demand around the world.
The Panic of 2020? Oh, I Made a Ton of Money---and So Did You
Wall Street Journal - 20 Mar 2020 17:52
Hindsight bias suggests that one day you'll look back on all of this and... lie.
EBay Is Oversold
Forbes - 20 Mar 2020 17:50
But making eBay an even more interesting and timely stock to look at, is the fact that in trading on Friday, shares of EBAY entered into oversold territory, changing hands as low as $27.87 per share.
[Daily Update] Forecasting U.S. COVID-19 Cases With Cross-Country Comparisons
Forbes - 20 Mar 2020 17:31
Trefis added a comparison between South Korea and Germany. If the United States were to track the path of South Korea, it would mean about 61000 cases in the country. In comparison, if the United States tracks Germany, t...
It's Official: IRS Delays Tax Filing Deadline To July 15, Mnuchin Says
Forbes - 20 Mar 2020 16:24
"All taxpayers and businesses will have this additional time to file and make payments without interest or penalties."
Europe's Economy Could Shrink By A Record-Breaking 15% In The Second Quarter, Report Says
Forbes - 20 Mar 2020 16:21
There could be an epic recession
Contrary To Popular Belief, Bitcoin Isn't Consistently Correlated To Anything
Forbes - 20 Mar 2020 16:12
Bitcoin has seen varied arguments suggesting or refuting correlations to traditional markets. Available data shows no firm answer, as bitcoin's correlation seems to change with the wind, while a number of experts have va...
Coca-Cola withdraws 2020 outlook amid coronavirus pandemic
CNBC - 20 Mar 2020 16:05
Coca-Cola on Friday said that it does not expect to meet its financial outlook for 2020 due to the impact of the coronavirus pandemic.
JC Penney yanks earnings outlook because of coronavirus
CNBC - 20 Mar 2020 16:03
The department store chain announced Friday morning that it is not providing an updated outlook at this time.