The U.S. death toll and COVID-19 cases climbed, as arguments flared over coronavirus treatments and the path to restarting the economy. …read more […]
(Bloomberg) — A plan being weighed by Treasury Secretary Steven Mnuchin to steer financial aid to beleaguered oil drillers could set up a clash with Democrats who have warned against any bailout for the industry.Mnuchin said he is considering a lending program for the companies that are seeking aid as they cope with a devastating plunge in prices.“One of the components we’re looking at is providing a lending facility for the industry,” Mnuchin told Bloomberg News on Thursday. “We’re looking at a lot of different options and we have not made any conclusions.”Taking a stake in oil companies was one …read more […]
Preliminary findings from the randomized trial of the antiviral drug remdesivir, begun in February by the National Institute of Allergy and Infectious Diseases (NIAID), could come even sooner, lead researcher Dr. Andre Kalil told Reuters in an interview. Remdesivir has drawn tremendous attention as a therapy with the potential to alter the course of the disease, based on anecdotal reports that it may have helped some patients. …read more […]
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […] …read more […]
Many people fail to make money in the stock market because they don’t understand how the market works.
But, as Alexander Green explains today, the free market system is not solely a source of wealth – it’s what’s going to save us from the coronavirus.
Editor’s Note: Concerned about making the right choices in today’s volatile markets? Well, Alexander Green is sharing one of his favorite buy signals and debunking a common misconception in this week’s video update.
And if you’re interested in learning more, be sure to watch Alex’s special presentation with Bill O’ Reilly! They recently sat down to discuss The …read more […]
A $4.2 billion deal for Boeing to buy the civil jetmaking arm of Brazil’s Embraer has hit a roadblock over implementation, leaving its fate uncertain unless a breakthrough can be found quickly, people familiar with the talks said. The companies have been in discussions to assess whether various contractual conditions have been met for the tie-up, including the way a new venture 80%-owned by Boeing would be set up and funded, and have the rest of Friday to resolve the issue. The deal also depends on delayed approval from the European Union which has said it needs until …read more […]
A $4.2 billion deal for Boeing to buy the civil jetmaking arm of Brazil’s Embraer has hit a roadblock over implementation, leaving its fate uncertain unless a breakthrough can be found quickly, people familiar with the talks said. The companies have been in discussions to assess whether various contractual conditions have been met for the tie-up, including the way a new venture 80%-owned by Boeing would be set up and funded, and have the rest of Friday to resolve the issue. The deal also depends on delayed approval from the European Union which has said it …read more […]
The economy has ground to a halt, for now, and there is plenty of debate on when and how the recovery will come, but one thing is certain: there will be change. Many of the changes will likely involve the way we work and communicate – the ‘social distancing’ policies in place have forced many white-collar workers to move their workspace from the office to the home, and increased the demands on the nation’s networking infrastructure and internet access plans.Lower costs and latency will be in high demand, even as the workforce hopfully returns to normal in 2H20. It’s likely …read more […]
President Trump suggested medical workers treat coronavirus with a disinfectant ‘injection’, which could help ‘clean’ lungs. Yahoo Finance’s Rick Newman joins the On The Move panel to weigh in. …read more […]
(Bloomberg) — Halliburton Co. is shutting down primary operations in Venezuela as the U.S. tightens sanctions against the Nicolas Maduro regime.“Through December 1, 2020, we are only permitted to perform certain transactions and activities necessary for safety or the preservation of assets in Venezuela, along with other administrative activities,” the company said Friday in a federal filing. “It is unlikely that we will be able to remove our assets that remain in Venezuela and those assets may be expropriated.”The Trump administration is ratcheting up pressure on Maduro’s regime as the country reels from the Covid-19 pandemic and the lowest oil …read more […]
Apple’s iPhone SE is now available for pre-order with a retail price of $399. Yahoo Finance’s Dan Howley shares details about the new phone. …read more […]
Yahoo Finance’s Brian Sozzi, Alexis Christoforous, and Heidi Chung discuss the latest market action for Gilead Sciences. …read more […]
Just when it looked like time to throw in the towel, the market pulled through and delivered a win. Stabilizing crude oil prices, a few better-than-expected earnings reports as well as the possibility of a fresh fiscal stimulus package all helped inspire confidence among investors.While April’s rally doesn’t necessarily signal that the worst is behind us, it’s encouraging to say the least. Add in the opportunity to find exciting growth plays, and you have our attention.According to the Wall Street pros, even amid the ongoing public health crisis, a select group has set itself up for growth to the upside, …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
