Year: 2020
Stock market news live: Stock futures open higher as congressional stimulus package hangs in balance
Stock futures opened higher Monday evening and recovered some losses as market participants anxiously awaited further fiscal stimulus from policymakers to combat the economic fallout from the coronavirus pandemic. …read more […]
Mexican referendum rejects U.S. Modelo brewer in new investment blow
The Mexican government said on Monday that local residents voted by about 76% to reject the completion of a more than $1 billion brewery under construction by Constellation Brands Inc , a development likely to further shake investor confidence. President Andres Manuel Lopez Obrador backed the weekend vote in the northern city of Mexicali, as he has in other high-profile projects including a partially built airport, as an exercise in local control. Constellation’s shares tumbled 12% on Monday to close just above $105, down from a previous high of $208 on Feb. 20. …read more […]
MARKETS: Bullish signs are starting to pop up today
Yahoo Finance’s Myles Udland and Jared Blikre break down the day’s market action in stocks and bonds. …read more […]
Coronavirus, new home sales, Nike earnings: What to know in markets Tuesday
Coronavirus developments, new homes sales data and Nike earnings will take centerstage Tuesday. …read more […]
A 'very bullish' Bill Ackman is an 'aggressive buyer' of stocks in coronavirus panic
Pershing Square has put “around $2 billion” in the stock market, Bill Ackman tells Yahoo Finance. …read more […]
Twitter withdraws first-quarter revenue forecast on virus fears
Twitter Inc said on Monday it is withdrawing revenue and operating income forecast for the first quarter of 2020, citing the growing impact of the coronavirus outbreak.
The Easiest Bear Market to Tame
Americans are practicing “social distancing.”
We’re working remotely and avoiding crowds.
“It’s time to hunker down,” we’re told.
The question is, for how long?
Investors – especially those near or in retirement – need to know when the markets will recover.
Because time is of the essence.
Well, the wait may not be as long as you might think.
The Bears Rolling in Money
At my local grocery stores, the shelves are bare.
Even the never-ending pantry at AmazonFresh is out of household items.
But the true nod to the panic that’s unfolding is, in the wake of the Great Toilet Paper Shortage of 2020, bidet sales are skyrocketing!
As the …read more […]
'A very bad day for our country': TV mogul Byron Allen criticizes Supreme Court ruling on $20 billion bias suit
Television mogul and comedian Byron Allen sharply criticized a U.S. Supreme Court decision on Monday that sided with Comcast. …read more […]
U.S. prosecutors charge PDVSA contractor with money laundering
U.S. prosecutors have charged a Venezuelan oilfield contractor with money laundering for bribing officials at state oil company Petroleos de Venezuela to win overpriced contracts, and then seeking to hide the proceeds in the United States.
The Oil Price War Could End Maduro’s Regime
The oil price war is severely restricting Venezuela’s ability to fund vital services and security, weakening the already tenuous hold of President Maduro on power …read more […]
Is Boeing Going Bankrupt? Analyst Weighs In
Although not coined during the 2007-2008 financial crisis, the term “too big to fail” was used heavily at the time, as banks and multinational corporations were handed a lifeline in bailouts on account of their size. The term has been bandied about again recently, as Boeing (BA), one of the travel industry giants, is staring precipitously over the cliff’s edge.Boeing shares are down by nearly 70% year-to-date, as investor concerns about liquidity have sent the stock price under $100 for the first time since 2013.Along with the energy sector, travel has taken the heaviest punch since the coronavirus began decimating …read more […]
Crude edges higher, U.S. gasoline slumps over 30% on sinking demand
Oil prices inched higher on Monday, while U.S. gasoline prices plunged more than 30% to a record low as global restrictions on travel to slow the spread of coronavirus destroyed demand for fuel.
Boeing suspending Washington state production due to coronavirus risks
Boeing Co said on Monday it would halt production at its Washington state twin-aisle jetliner factory as a temporary measure to help fight the coronavirus outbreak.
