Market News
Customer Group Presses Fintech Firm Yieldstreet for Missing Investor Payments
Wall Street Journal - 24 Apr 2020 11:58
A buzzy fintech firm that pitches individuals access to investments normally limited to large institutions is under fire from dozens of customers.
The 3 Stages Of Coronavirus Grief: Flatten, Fight, Emerge
Forbes - 24 Apr 2020 14:30
Introducing the three stages of coronavirus grief, and what investors see coming in the final stage.
With 737 Max And Pandemic, Boeing's Q1 Results, Outlook Expected To Be Turbulent
Forbes - 24 Apr 2020 22:47
Things were already shaky for Boeing (BA) when it couldn't supply the aircraft its customers needed. Now the situation is arguably even worse because customers might not need more planes for the time being.
Glassbox Faces Off Against IBM Spinoff In $500B Customer Experience Analytics Market
Forbes - 24 Apr 2020 21:53
With banking moving 100% online, Glassbox is poised to keep growing. Can Acoustic, an IBM spin-off keep up?
Treasurys Hold Gains Amid Appetite for Safer Assets
Wall Street Journal - 24 Apr 2020 21:48
U.S. government bond prices held firm Friday, reflecting continued demand for safer assets among investors concerned about the possibility of a slow recovery from a deep economic contraction.
Federal Budget Deficit Will Approach $4 Trillion In 2020, CBO Says, As The Economy Continues To Nosedive
Forbes - 24 Apr 2020 21:28
The national debt is on track to eclipse the value of the entire economic output of the United States.
ONEOK Dividend Yield Pushes Past 13%
Forbes - 24 Apr 2020 21:09
In trading on Friday, shares of ONEOK were yielding above the 13% mark based on its quarterly dividend (annualized to $3.74), with the stock changing hands as low as $27.48 on the day.
5 Stocks That Doubled From March Low To April High
Forbes - 24 Apr 2020 20:22
There's no way you could have known, really, that mid-March would mark such a significant low for many stocks.
AI's Top Blue Chip Dividend Stocks To Own In A Coronavirus Economy
Forbes - 24 Apr 2020 20:03
As the Coronavirus pandemic spreads, we take a look at top dividend stocks to own in the new "Coronavirus normal" investing environment.
Romance Between Credit Cards and Travel Faces Strain
Wall Street Journal - 24 Apr 2020 18:58
American Express and others may have to rethink their dependency on travel following the coronavirus pandemic.
Trump Signs $484 Billion Coronavirus Relief Bill
Forbes - 24 Apr 2020 18:52
The bill will restart the Paycheck Protection Program with another $310 billion. It also shores up funding for hospitals and coronavirus testing.
Coronavirus Downturn Will Wipe Out 6.3% Of Global Oil Supply By 2030
Forbes - 24 Apr 2020 18:42
Dented energy market confidence is causing investment delays that could have repercussions further down the line.
Stock Buybacks Made Corporations Vulnerable. Then The Coronavirus Struck.
Forbes - 24 Apr 2020 18:23
Evident to us, but perhaps less so to our competitors in the investment community, was a multi-year run of corporate misbehavior that left balance sheets weak at dozens of large-cap American securities.
Telefonica Brasil Becomes Oversold
Forbes - 24 Apr 2020 18:13
In trading on Friday, shares of Telefonica Brasil entered into oversold territory, hitting an RSI reading of 29.7
Productivity In Times Of Quarantine: Alphabet To Report Q1 Results
Forbes - 24 Apr 2020 18:00
Over the last month, we've seen how COVID-19 turned "life as we know it" a bit on its head.
Banks Could Prove Weak Partner in Coronavirus Recovery
Wall Street Journal - 24 Apr 2020 17:46
After the last financial crisis, banks now hang back in lending and trading, allowing hedge funds and nonbanks to dominate those roles. That means the Federal Reserve has less ability to use banks to get money where it's...
Brazil Stocks Tank As Famous 'Car Wash' Judge Sergio Moro Quits Government
Forbes - 24 Apr 2020 17:14
Brazil's crime fighter is out of the Bolsonaro government. Wall Street thinks Paulo Guedes, Economic Minister, might be next.
When Your Fund Beats the Market, Ask: Which Market?
Wall Street Journal - 24 Apr 2020 17:01
A Putnam Investments fund earned extra fees for beating an index that consisted of 50% bonds--even though most of the fund's assets were in stocks.
Pressure Builds on Europe's Fragile Banking System
Wall Street Journal - 24 Apr 2020 16:58
Worries are mounting about the ability of Europe's financial system, in particular its fragile banks, to make it through the coronavirus crisis unscathed.
Coronavirus Sparks Air Travel Nostalgia
Wall Street Journal - 24 Apr 2020 16:58
Delta's customer satisfaction 'keeps climbing' as its planes stay grounded.
Federal Reserve Will Disclose Who's Getting Bailout Money Each Month
Forbes - 24 Apr 2020 16:00
One member of the Congressional Oversight Commission called the move to disclose the information about four lending programs a "significant victory for the public."
This Is Why We Need To Build Back Better For A More Sustainable Future
Forbes - 24 Apr 2020 16:00
Governments need to 'build back better' in the wake of the pandemic. That means prioritising clean, green, climate-friendly infrastructure,says the International Renewable Energy Agency.