Market News
Trump, Putin, Saudi Crown Prince Scramble to Fix Oil Markets
Wall Street Journal - 10 Apr 2020 16:31
The leaders of Russia, Saudi Arabia and the U.S. each badly miscalculated the pain caused by the collapse in oil prices. Now they are trying to rescue their economies and stave off any political damage at crucial moments...
Three Questions with Denny's Franchisee Dawn Lafreeda on Managing the Coronavirus Pandemic
Wall Street Journal - 10 Apr 2020 18:59
The owner of 90 Denny's restaurants has had to close most locations and furlough staff, but she's hopeful for a way forward.
When You Guard Against One Risk, You Can Create Another
Wall Street Journal - 10 Apr 2020 16:00
Floating-rate funds can float like a butterfly in good times, but they can sting like a bee in times like these.
Stock Market: Run-Up Looks Ready To Pause Or Reverse
Forbes - 10 Apr 2020 02:59
The stock market needs to prove its mettle
Ferrari Stock Races Ahead Despite Coronavirus Recession, As Demand 'Far Outstrips Supply'
Forbes - 10 Apr 2020 23:24
The stock is proving resilient, jumping 13% in the last week.
Three Numbers That Show Just How Hard Coronavirus Job Losses Are Hitting U.S. Workers
Forbes - 10 Apr 2020 23:16
Nearly 17 million Americans filed for unemployment over the last three weeks.
New Age Of Stock Market Volatility Driven By Machines
Forbes - 10 Apr 2020 22:05
As machines profit from the market, can the average investors compete? Algorithms and high frequency trading are driving a new era of volatility as the Dow Jones has broken many records for both gains and losses in the l...
The 3 Precious Metals Stocks That Just Hit 52-Week Highs -- Again.
Forbes - 10 Apr 2020 21:55
Expectations about the potential for serious inflation might be the reason for the new highs in these gold mining stocks.
How COVID-19 Is Changing Israel's Business Culture
Forbes - 10 Apr 2020 21:51
State-owned defense contractor Israel Aerospace Industries (IAI) is now helping to battle COVID-19. An IPO would give it capital for international acquisitions.
Stimulus Checks Are Coming Next Week. Could Private Debt Collectors Grab Them?
Forbes - 10 Apr 2020 20:33
If you're worried about private debt collection, take the money out right away.
Former Bush Admin Official: Every American Needs To Be Tested For Coronavirus Right Now
Forbes - 10 Apr 2020 20:27
What is needed right now is for President Trump and other government and private sector leaders to embrace this and put their full weight behind it
Fed Aid Could Restart CLO Market by June
Wall Street Journal - 10 Apr 2020 19:19
Emergency backstops for corporate debt announced by the Federal Reserve could reanimate the sale of new securities that underpin the below- investment-grade loan market by June, according to a large investment manager.
Boeing Taps Investment Banks as It Weighs Government Aid
Wall Street Journal - 10 Apr 2020 18:55
Lazard and Evercore will help Boeing analyze government aid and potential funding from the private market, people familiar with the matter said.
ESG Investor: Lucky or Smart?
Wall Street Journal - 10 Apr 2020 18:51
Can you profit by doing good? Check the performance of some funds in the environmental, social and governance-oriented category.
The Pot Industry's Goldilocks Trade
Wall Street Journal - 10 Apr 2020 18:07
Marijuana and property stocks aren't obvious places to ride out the global Covid-19 pandemic. Innovative Industrial Properties, a cannabis-focused real-estate investment trust, may be an exception.
Kudlow: 'Pay The Moving Costs' Of American Companies Leaving China
Forbes - 10 Apr 2020 17:58
Post-pandemic, a slow severing of ties with China.
Employees can donate to PM-CARES Fund through employer
livemint.com - 10 Apr 2020 17:40
Full deduction can be claimed by an employee while referring to the Form 16 issued by the employer
JPMorgan Forecasts 20% Unemployment And 40% Hit To Second Quarter GDP
Forbes - 10 Apr 2020 17:21
The latest estimates for second-quarter GDP are so bad that they have no modern historical precedent.
Industrialized Nations Attempt an Oil Market Solution
Wall Street Journal - 10 Apr 2020 17:15
A virtual summit of Group of 20 energy ministers is tackling the question of how industrialized nations can help resolve an unprecedented oil glut partly triggered by the coronavirus pandemic, and producers are pinning t...
Markets Have Priced In the Lockdown Period. Now What?
Wall Street Journal - 10 Apr 2020 16:27
Two questions have buffeted financial markets over the past months: How long will Covid-19 lockdowns last; and how difficult will it be for the economy to recover? Investors are cheering early answers to the first, but s...
Most Small Businesses Applied To The Paycheck Protection Program--And Most Are Still Waiting For The Money
Forbes - 10 Apr 2020 15:59
"We've got hundreds of customers calling us, wanting to apply for this because they know that the funds are limited."
Mexico to Cut Oil Production by 100,000 Barrels a Day
Wall Street Journal - 10 Apr 2020 15:32
Mexico's president said the country will reduce its crude oil production as part of an agreement with OPEC and other producers to stabilize oil markets.