Year: 2020
Hell is Coming and We Sold Out Our National Security For A Few Dollars
I am furious and frustrated. Once the greatest country on the face of this planet, the United States is going hat in hand to China, begging for a few respirators and masks. Anthony Fauci and the CDC know that nearly half of the infected people show no symptoms and stealthily spread the new coronavirus, yet […] …read more […]
‘This is way worse than anything we saw in the Great Depression’: Economist
The Department of Labor released its monthly jobs report on Friday, showing a loss of 701,000 jobs. KPMG Chief Economist Constance Hunter shares her take on the report with the On The Move panel. …read more […]
Brent crude jumps above $33 on hopes of oil output deal
Crude futures surged for a second day on Friday, with benchmark Brent up 11% on hopes that a global deal to cut crude supply worldwide will emerge early next week.
Deep oil output cuts won’t offset unprecedented demand loss: IEA
Deep output cuts by OPEC and other oil producing nations will not prevent a huge build up of crude, the head of the IEA said on Friday, urging the world’s richest economies to discuss broader ways to stabilise oil markets.
Global stocks edge lower on economic toll from coronavirus; oil rallies
Global stock markets sank on Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued to rally on hopes of a cut to global supply.
Wall Street falls as coronavirus ends record job growth
Wall Street’s main indexes fell on Friday as the longest period of employment growth on record in the United States came to an abrupt end, with data showing that hundreds of thousands of people lost their jobs last month due to the coronavirus.
Abbott launches 5 minute coronavirus tests at GoHealth Urgent Care
GoHealth Urgent Care CEO Todd Latz joins Yahoo Finance’s On The Move panel to discuss how the urgent care facility is helping in the fight of the coronavirus pandemic. …read more […]
‘We have never seen this kind of devastation in the industry’: Best Western CEO
Yahoo Finance reporter Akiko Fujita sat down with Best Western CEO David Kong to discuss how the hotel industry is faring during the coronavirus outbreak.
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‘We just partially captured what’s going to happen — this was just a precursor’: Economist on unemployment numbers
RSM Chief Economist Joe Brusuelas joins Yahoo Finance’s On The Move to address the massive number of job cuts in March. …read more […]
3 “Strong Buy” Stocks With Double-Digit Upside — At Least According to Needham
The second quarter of 2020 started with a slide in the markets, as the glum mood came after President Trump acknowledged publicly that the first two weeks of April are likely to see a rise in deaths from COVID-19, as the epidemic intensifies.In one way, this is to be expected – the disease has an incubation period up to 14 days, and course of illness lasting up to 14 cases, in cases with notable symptoms. The majority of cases are reported as mild, but the disease, as we know can be deadly in more severe cases. The social distancing moves, …read more […]
U.S. payrolls fall 701K in March, unemployment rate rises 4.4%
The U.S. economy sheds jobs for the first time in a decade and the unemployment rate rose to 4.4% in March as the coronavirus pandemic escalates. Yahoo Finance’s Jessica Smith joins the On The Move panel to discuss the latest.
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Grounded planes insured for more than $160 billion: report
Aeroplanes with a total insured value of more than $160 billion are grounded around the world, presenting risks for insurers, a report said on Friday.
