McDonald’s Corp posted a steeper-than-expected decline in first-quarter comparable store sales and the burger chain pulled its full-year forecast as coronavirus-led lockdowns forced it to shutter stores and stick to delivery or take-out.
The U.S. Federal Reserve responded fast to the coronavirus crisis with open-ended programs to keep financial markets running and ensure major companies could raise cash as they usually do through large capital markets.
Capital Wealth Planning Chief Market Strategist Jeff Saut joins the On The Move panel to break down the market volatility amid the coronavirus pandemic. …read more […]
The U.S. Federal Reserve said on Wednesday it would “temporarily and narrowly” modify the growth restriction on Wells Fargo & Co’s asset cap so the bank can make more loans under government assistance programs for small businesses hurt by the coronavirus disruption.
According to new data by the National Multifamily Housing Council and a variety of real-estate data providers, nearly a third of apartment renters in the U.S. did not pay their rent the first week of April. Yahoo Finance’s On The Move panel discusses. …read more […]
Video conferencing company Zoom has been responsive to concerns over its software, the U.S. Department of Homeland Security (DHS) said in a memo recently distributed to top government cybersecurity officials and seen by Reuters.
Gasoline shortages in Venezuela are worsening after U.S. officials have told foreign firms to refrain from supplying the fuel to the sanctioned South American nation and only provide diesel, according to five people familiar with the situation.
(Bloomberg) — Goldman Sachs Group Inc. is advising its wealthy clients to return to equities and particularly favors U.S. stocks on optimism for a strong economic recovery after the end of the virus lockdowns.“Our own advice to clients is that right now is a good time to get back into markets and take advantage of the decline in equity markets to position for the rebound,” Silvia Ardagna, managing director in the investment strategy group within Goldman Sachs Private Wealth Management, said in a phone interview.While Goldman strategists expect a sharp near-term decline in global economic activity, they also forecast a …read more […]
Zoom Video Communications Inc has tapped former Facebook security chief Alex Stamos as an adviser and set up an advisory board to improve the privacy and security of its rapidly growing video-conferencing app amid a global backlash.
Finding the best stocks to buy during a downturn is a challenge for even the most seasoned investors. However, there are plenty of opportunities to make money in a volatile market. Below is a list of the top five stocks that enhance your portfolio when its needed most.
Finding the Best Stocks to Buy During A Downturn
Our list covers every angle of a bear market. Moreover, it covers the current economic crisis. This includes biotech, telecommunication and consumer goods stocks.
The top five best stocks to buy during a downturn today are:
Abbott Laboratories (NYSE: ABT)
The Clorox Company (NYSE: CLX)
Procter & Gamble (NYSE: …read more […]
EasyJet’s founder Stelios Haji-Ioannou demanded on Wednesday a shareholder vote to remove two directors, as part of his battle to try to force the British airline to cancel an order for 107 Airbus planes.
Ari Wald, Senior Analyst at Oppenheimer, joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi, Heidi Chung and Ines Ferre to discuss how the markets are faring amid the coronavirus outbreak. …read more […]
JetBlue Airways Corp said on Wednesday it is consolidating flights in five U.S. metropolitan areas into just one or two airports and also asking the U.S. Department of Transportation to exempt it from flying at other airports where current demand does not support its service.
World equity markets edged higher and oil prices stabilized on Wednesday on hopes the coronavirus pandemic is peaking and that more government stimulus measures could be on the way.
McDonald’s Corp posted a steeper-than-expected decline in quarterly comparable store sales and the company pulled its full-year forecast as coronavirus-led lockdowns forced it to shutter stores and stick to delivery or take-out.
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