Market News
Oil Wavers Amid Doubts Over Extension of OPEC Cuts
Wall Street Journal - 3 Jun 2020 16:24
The latest moves in oil prices followed speculation that the Organization of the Petroleum Exporting Countries and its allies might postpone or cancel plans to discuss extending production cuts.
Clean Power Continues To Stretch Its Cost Benefits Over Coal
Forbes - 3 Jun 2020 16:00Kamala Harris And Andrew Yang Renew Call For $2,000 A Month Stimulus Check
Forbes - 3 Jun 2020 01:55Zoom's Boom Has a Price
Wall Street Journal - 3 Jun 2020 02:48
Zoom Video Communications answered one very big question with its latest results. It also raised a few.
The Market Must Not Be Watching The News
Forbes - 3 Jun 2020 23:12Wall Street Firm Will Pay Junior Bankers Not to Work
Wall Street Journal - 3 Jun 2020 22:57
Evercore Partners is offering to pay incoming junior bankers up to $25,000 to delay starting their jobs during the coronavirus pandemic.
U-Shape? V-Shape? Recovery Shapes Explained And What They Mean For America's Economy
Forbes - 3 Jun 2020 22:36Dow Jumps 500 Points As Investors Focus On Reopening The Economy
Forbes - 3 Jun 2020 22:00Lyft's Investors Shouldn't Be Flooring It
Wall Street Journal - 3 Jun 2020 21:31
The ride-hailing company's shares have made up a chunk of their pandemic losses with much uncertainty remaining.
Quibi Asks Senior Executives to Take 10% Pay Cut
Wall Street Journal - 3 Jun 2020 19:58
Quibi has asked senior executives to take a 10% salary cut as the short-form streaming video service explores ways to rein in costs after a disappointing debut.
Tax on your gold and real estate investments
livemint.com - 3 Jun 2020 19:49
Over the past few years, returns from real estate have been poor to negative. On the other hand, gold does not give attractive returns in the long term and has high transaction cost.Here is a look at the taxes that apply...
'Digital payments saw monumental revolution in the wake of covid-19'
livemint.com - 3 Jun 2020 19:32
Porush Singh of Mastercard, talks about what this means for the digital payments industry and how new-age technologies such as AI and machine learning can revolutionize the way security and accessibility are managed
Saudi Arabia, Russia Agree to Extend Production Curbs as Oil Recovers
Wall Street Journal - 3 Jun 2020 19:32
OPEC delegates said the production agreement is a sign that many of the world's largest oil producers are confident that oil demand will return quickly as coronavirus lockdown restrictions ease around the world.
May's Unemployment Rate Could Exceed 20% And Even Hit The Great Depression's 25%
Forbes - 3 Jun 2020 19:15Top Stocks To Short As Stock Market Surges
Forbes - 3 Jun 2020 19:05America's Economy Is Healing Slowly
Wall Street Journal - 3 Jun 2020 19:03
The economy didn't deteriorate as badly in May as it did April, but it still worsened. The recovery will have to wait.
Warner Music Shares Surge in Market Debut
Wall Street Journal - 3 Jun 2020 18:48
Shares of the music company rose more than 15% following its trading debut on the Nasdaq Stock Market, a sale that marked the largest U.S. initial public offering of the year so far.
Top Buys To Benefit From The S&P 500's Historic Rally
Forbes - 3 Jun 2020 18:46HSBC Throws Support Behind China on Hong Kong Security Law
Wall Street Journal - 3 Jun 2020 18:35
A top HSBC executive signed a petition supporting China's move to impose security legislation on Hong Kong, putting the bank squarely on the side of Beijing in the fight over the future of the territory.