Trading Ideas
Month: April 2020
Trading Ideas
Square’s Cash App opens doors for users to receive U.S. coronavirus stimulus funds in their accounts
Square’s Cash App is moving to let people use their accounts to receive U.S. government stimulus funds.The post Square’s Cash App opens doors for users to receive U.S. coronavirus stimulus funds in their accounts appeared first on The Block. …read more […]
Business News
Boeing hires Lazard, Evercore to assess government aid or private loans: source
Boeing Co has hired investment banks Lazard and Evercore Inc to assess potential U.S. government assistance or private sector loans, a person briefed on the matter confirmed on Friday.
Business News
U.S. six-month deficit rises to $744 billion ahead of virus budget storm in April
The United States racked up a $744 billion budget deficit in the first half of fiscal 2020, up 8% from a year earlier, the Treasury said on Friday, ahead of an expected April spending explosion and withering of revenues amid the coronavirus pandemic.
Trading Ideas
Business News
Trump agrees to help Mexico meet global oil cut target
U.S. President Donald Trump said on Friday he had agreed to help Mexico contribute to global oil output reductions, in a surprise move that could break the impasse over a major round of cutbacks aimed at stabilizing crude prices.
Trading Ideas
Will the Economy Get Better in 2020?
In this article, Early Investing co-founder Adam Sharp looks at the current market environment amid COVID-19. Will the economy get better? And if not, where should you be putting your money? Read on to find out.
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If you looked only at the stock market, you’d think things were going pretty well in the fight against COVID-19.
After falling more than 30% in just a few weeks, the S&P 500 has rallied back 23%. And it’s officially exited bear market territory.
On the medical front, quarantines appear to be working to flatten the curve. Heroic efforts are underway to create a vaccine. But …read more […]
Business News
Fed policymakers working to limit damage as pandemic puts U.S. economy on pause
The U.S. economy was on a strong footing before the coronavirus pandemic and Federal Reserve officials are working to help the economy rebound quickly once businesses that were shuttered because of the virus begin to reopen, two policymakers said Friday.
Trading Ideas
Business News
Boeing hires Lazard, Evercore to assess government aid, private sector loans: source
Boeing Co has hired investment banks Lazard and Evercore Inc to assess potential U.S. government assistance or private sector loans, a person briefed on the matter confirmed on Friday.
Business News
How COVID-19 affected U.S. consumer prices in March
Coast-to-coast shutdowns of businesses and stay-at-home orders from the effort to contain the new coronavirus pandemic took their toll on U.S. consumer prices in March, sending them down by the most in five years.
Business News
Saudi, Russia press on with oil cut deal at G20 talks, U.S. offers help
Top oil nations pushed to finalise a deal on sweeping oil cuts at G20 talks on Friday to lift prices slammed by the coronavirus crisis with Russia and Saudi Arabia taking the lion’s share and the United States showing unusual willingness to help out.
Business News
Russia’s Putin, Saudi crown prince discuss OPEC+: Kremlin
Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed a planned OPEC+ reduction of oil output, the Kremlin said.
Trading Ideas
Oil Prices Crash Towards $20 Despite Historic Cuts
Oil prices fell back towards the $20 mark as the largest oil production cut in history failed to assuage oil market fears. …read more […]
Trading Ideas
The Great Enemy of Investors
Mental health professionals have reported increased cases of severe anxiety and depression as a result of the coronavirus crisis.
But Alexander Green has a different idea about what’s keeping wealth builders up at night.
President Donald Trump regularly calls the mainstream media “the enemy of the American people.”
That’s an overstatement, to be sure. But he isn’t completely off base.
The media isn’t your friend.
Journalists are supposed to report the news as accurately and objectively as they can.
They utterly fail at this. And most of us realize it.
A recent Gallup poll found that just 13% of Americans trust the media “a great deal.”
An even …read more […]