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Fed calls third emergency meeting since outbreak, ‘extensive’ measures in the works

The Federal Reserve revealed numerous ‘extensive’ measures that would work to calm corporate debt markets amid the coronavirus outbreak. Quill Intelligence CEO and Director of Intelligence Danielle DiMartino Booth joins Yahoo Finance’s Zack Guzman and Brian Cheung to discuss. …read more […]

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How to Think About Money… and the Coronavirus

Recent cancellations, closures and orders to shelter in place may seem extreme, but they’re necessary to protect our health and wealth.
Today, Alexander Green explains why compounding – a key factor for investors – is so dangerous when it comes to a disease like COVID-19.

If you invested a penny and it doubled in value every day for 30 days, how much would you have?
Please don’t just keep reading.
Even if you have no idea what the amount might be, go ahead and make a quick estimate. Then jot it down.
I’ll reveal the answer to you shortly. It may surprise you.
But first let …read more […]

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Marriott CEO Wonders Whether Aggressive Cost-Cutting Will Hurt Recovery

It’s the gut-wrenching question that countless businesses both inside and outside of the travel industry are grappling with — how many employees do you furlough or lay off, and how deep should the cost-cutting incision be? Trim too little and the company might have to do it again? Lop off too much spending and then […] …read more […]

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Boeing to halt Washington state production temporarily due to coronavirus risks

Boeing Co said on Monday it will halt production temporarily at its Washington state twin-aisle jetliner factory due to risks from coronavirus, confirming an earlier Reuters report. Following a similar move by European rival Airbus SE , Boeing said a temporary operations shutdown at its facilities across Seattle’s Puget Sound region will last 14 days beginning March 25. The fast-spreading coronavirus has disrupted life across the United States, hammering the economy and virtually wiping out air travel demand. …read more […]

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RBC: 2 Big 11% Dividend Stocks to Buy (And 1 to Avoid)

Market researchers at RBC Capital, led by Lori Calvasina, head of the bank’s US Equity Strategy, have analyzed current conditions, comparing them to past recessions, and see the coming downturn as both short and mild. They based their conclusions on the behavior of the S&P 500 during downturns since 1937.Getting into specifics, Calvasina’s team says of current conditions, “Our new YE 2020 S&P 500 price target of 2,750 implies a 15% drop for the full year, as well as a 15% rebound from recent levels… we continue to believe that the bulk of the stock market impact from the coronavirus …read more […]