Trading Ideas
Trump adviser Stephen Moore: It's time to reopen the economy because we are seeing real devastation
Stephen Moore discusses why he thinks the U.S. economy needs to be reopened immediately. …read more […]
Year: 2020
Trading Ideas
‘The real question is how are we going to come back’: CBS News Travel Editor on travel industry
Airlines as well as the cruise industry have been hit hard due to the COVID-19 pandemic. CBS News Travel Editor Peter Greenberg joins Yahoo Finance’s On The Move to discuss the outlook for the travel industry. …read more […]
Trading Ideas
Netflix to report earnings, here’s what to expect
Yahoo Finance’s Heidi Chung breaks down what Wall Street expects from Netflix’s latest earnings report as original shows like Tiger King and Love is Blind lure in new audiences. …read more […]
Trading Ideas
Oil plunges to lowest price in decades, WTI drops 37%
U.S. oil prices plunged to a 21-year low on Monday. Prosper Trading Academy CEO Scott Bauer joins Yahoo Finance’s On The Move to weigh in on the oil price crash and cost of storage. …read more […]
Trading Ideas
Price of oil crashes 45% to lowest level since 1986
West Texas Intermediate crude oil fell to its lowest level in 34 years as storage facilities build toward capacity. …read more […]
Business News
Saudi Arabia gets physical with Russia in underground oil bout
Behind a Saudi-Russian truce to stabilise oil markets with a record output cut, market players are seeing the two production heavyweights still trading blows in the physical market.
Trading Ideas
Shopify to offer cash loan advances for small businesses in Canada hit by coronavirus
The Canadian e-commerce company launched a financing program, “Shopify Capital”, which offers cash advances that are repaid through future sales. The advances would range from C$200 to C$500,000 per eligible merchant. …read more […]
Trading Ideas
Saudi Arabia gets physical with Russia in underground oil bout
Behind a Saudi-Russian truce to stabilise oil markets with a record output cut, market players are seeing the two production heavyweights still trading blows in the physical market. It is here, rather than in the world of futures prices, that a long-standing battle for market share carries on, particularly in Asia, shipping data analysed on Monday by Reuters shows. “Beyond the cooperative statements the fight is still going on,” a source at a trading firm told Reuters, adding that Saudi Arabia’s official selling prices (OSPs) signalled that the kingdom was targeting the Asian market, where demand remains relatively …read more […]
Business News
FCC approves Ligado plan to deploy mobile broadband network
The five-member Federal Communications Commission has unanimously voted to approve an order to allow Ligado Networks[MOSAV.UL] to deploy a low-power nationwide 5G network despite objections from the U.S. Defense Department, other federal agencies and major U.S. airlines.
Trading Ideas
Investors eyeing oil should have ‘a super long approach’ as prices fall
Frances Newton Stacy, Optimal Capital Dir. of Strategy, joins Yahoo Finance to break down what she is watching around Monday’s opening bell. …read more […]
Business News
U.S. Supreme Court sides with BP unit to curtail Superfund site cleanup lawsuits
The U.S. Supreme Court on Monday threw out a lower court ruling that had allowed litigation by Montana landowners to proceed against BP Plc unit Atlantic Richfield Co seeking a more extensive cleanup of a hazardous waste site than the federal government had ordered.
Trading Ideas
A tsunami of bankruptcies are about to wash away America's retail sector
The you know what is about to hit the fan in America’s retail sector because of the coronavirus pandemic. …read more […]
Trading Ideas
Where anxious investors are putting their money right now
Yahoo Finance’s Brian Sozzi and Alexis Christoforous speak with Investopedia Editor-In-Chief Caleb Silver about how investors are feeling according to the Investopedia Anxiety Index. …read more […]
Trading Ideas
Business News
U.S. restaurants on track to lose $240 billion by end of 2020: survey
U.S. restaurants are on track to lose $50 billion in April, with losses mounting to an estimated $240 billion by the end of 2020, as the coronvirus crisis ravages the industry, according to a National Restaurant Association survey released on Monday.