The number of coronavirus cases has surpassed 119 cases in the United States, Jefferies Chief Market Strategist David Zervos joins the On the Move panel to discuss the impact on markets. …read more […]
Global stock markets plunged on Monday and crude oil prices tumbled by as much as a third after Saudi Arabia launched a price war with Russia, sending investors already spooked by the coronavirus outbreak fleeing for the safety of bonds and the Japanese yen.
Democrats continue to criticize the lack of response from the administration as coronavirus continues to spread across the country.
Yahoo Finance’s Jessica Smith in Washington explains. …read more […]
Wall Street’s main stock indexes plummeted and the Dow Jones Industrials crashed 2,000 points on Monday as a 20% slump in oil prices and the rapid spread of the coronavirus amplified fears of a global recession.
Interest rates, which are down to record lows on fears coronavirus may slow the economy, could fall even more. Here are four ways to invest now. …read more […]
Aquiles Larrea Jr. – Larrea Wealth Management Founder and CEO told Yahoo Finance’s On The Move that investors who are in the market long-term can take advantage of market sell-off. …read more […]
Presidential candidate Sen. Bernie Sanders is spouting a myth that capitalism is an oppressive system.
As Alexander Green explains today, this is far from true. Our free market provides everyone a chance for true wealth.
In a recent New York Times column, David Brooks opined, “Successful presidential candidates are mythmakers. They don’t just tell a story. They tell a story that helps people make meaning out of the current moment.”
Sen. Bernie Sanders, he wrote, is “telling a successful myth: The corporate and Wall Street elites are rapacious monsters who hoard the nation’s wealth and oppress working families.”
Brooks calls this “a very compelling …read more […]
Oil prices crashed on Monday, suffering their biggest daily rout since the 1991 Gulf War, after the collapse of an OPEC+ supply agreement that now threatens to overwhelm the world with oil, inciting panic throughout the energy sector.
Stocks entered into a free-fall on Monday as coronavirus fears and crashing oil prices pounded investor sentiment. …read more […]
Oil titans Russia and Saudi Arabia have accumulated vast financial cushions that will help them weather a lengthy price war. It’s a battle of nerves – so who will blink first?
Morningstar Senior Equity Analyst Jaime Katz joins On The Move to discuss the impact that the coronavirus has had on the cruise and airlines industries and what the travel sector needs to do to bounce back. …read more […]
The 10-year treasury yield has hit a new all-time low as investors flock to bonds amid the escalated fears surrounding the coronavirus. Yahoo Finance’s Brian Cheung joins the On the Move panel to break down the latest. …read more […]
Boeing shares were down at $231.60 in early trading, a level not seen since 2017. The Federal Aviation Administration (FAA) told Boeing on Friday it did not agree with the planemaker’s argument that the wiring bundles meet safety standards and now it is up to Boeing to decide how to proceed. Boeing in February said it did not believe it was required to separate or move wiring bundles on its grounded 737 MAX jetliner that regulators had warned could cause a short circuit on the 737 MAX, and lead to a crash if pilots did not react soon. …read more […]
Oil is plunging today after OPEC talks collapsed. SunTrust Robinson Humphrey Managing Director Neal Dingmann says in the near-term, oil may only go lower from here. He joins Yahoo Finance’s On the Move panel to discuss. …read more […]
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