As Brazil’s stock market hit record highs in January, Economy Minister Paulo Guedes said the country could raise up to 150 billion reais ($30 billion) with sales of state-owned companies through share offerings, mergers and acquisitions.
Tesla Inc’s vehicle factory in California appeared to be operating normally on Wednesday despite an order by local officials to comply with a three-week lockdown in the San Francisco Bay Area to rein in the spread of coronavirus.
U.S. Treasury Secretary Steven Mnuchin warned the public that the unemployment rate could hit 20% if the country failed to act on a proposed coronavirus rescue package. Yahoo Finance’s On The Move discusses. …read more […]
AT&T Inc said Wednesday it will close 40% of its U.S-company owned retail stores nationwide as a result of the coronavirus outbreak.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […] …read more […]
The carnage in stock markets is getting uglier by the day. Should you “buy”, “sell” or “hold” on tight?
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […] …read more […]
U.S. markets remain volatile as leadership continues to shut down activities. Heritage Capital President Paul Schatz joins Yahoo Finance’s On The Move to discuss. …read more […]
On Tuesday Boeing called for a $60 billion lifeline for the struggling U.S. aerospace industry. Yahoo Finance’s On The Move panel break down the latest developments. …read more […]
Several hundred Amazon workers in France protested at one of its sites on Wednesday, calling on the online retailer to cease operations or make it easier for employees loath to work during the coronavirus outbreak to stay away.
Tesla Inc’s U.S. vehicle factory in California on Wednesday appeared to operate normally despite an order by the county’s sheriff’s office to comply with a three-week lockdown in the San Francisco Bay Area to rein in the spread of coronavirus.
U.S. homebuilding fell less than expected in February as a plunge in the construction of multi-family housing units was blunted by a surge in single-family projects, suggesting some strength in the housing sector before the coronavirus pandemic severely disrupted economic activity.
Keith Bliss from iQ Capital USA joins Yahoo Finance’s Alexis Christoforous to discuss the markets amid the coronavirus outbreak. …read more […]
Airlines across the globe are feeling the pain as travel demand withers because of the coronavirus outbreak, scrapping flights and ditching financial forecasts.
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