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Coronavirus unlikely to have big impact on oil prices – U.S. energy secretary

The coronavirus epidemic in China has had a marginal impact on energy markets and is unlikely to dramatically push up oil prices even if Chinese demand falls by 500,000 barrels per day, U.S. Energy Secretary Dan Brouillette told Reuters on Thursday. Brouillette cautioned, however, that there had been some “slowing” of Chinese energy purchases. Oil demand is set to fall by 435,000 bpd this quarter, in its first decrease since the financial crisis in 2009 due to the coronavirus outbreak in China, the International Energy Agency (IEA) said on Thursday. …read more […]

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Amazon invests $15B in third-party sellers

Amazon announced that the company invests $15 billion to support third-party sellers adding up to more than 225 tools and services in 2019. Nick Denissen, Amazon VP of Small Business joins the On The Move panel to discuss the details and what the impact of the investment means to the business. …read more […]

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Can You Invest in XFL Stock? Big Opening Weekend for Owner Vince McMahon

After a big opening weekend, many investors are wondering if XFL stock is coming soon. The newest competitor to the NFL drew in very solid TV ratings in its first week. This includes millions of viewers for its opening game in the nation’s capital.
Currently, the league is privately owned by Vince McMahon’s Alpha Entertainment LLC. The well-known WWE owner is looking to take advantage of the public’s desire for more football once the NFL season ends.

Is XFL Stock Coming in the Future?
It’s hard to say if the XFL will eventually hit the stock market. Vince McMahon himself invested $123 million …read more […]

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An Evening With the Anointed: What I Learned About Paul Krugman

Paul Krugman is a big name in the world of financial economics and is known for the New York Times columns and multiple books that he has published.
Today, Nicholas Vardy discusses the insights he took away from Krugman’s talk in London.

“So, did you just come from the Krugman lecture? Did you get him to sign it?” a woman who’d sat down beside me on the London Tube asked excitedly.
I was reading Paul Krugman’s recently published Arguing with Zombies: Economics, Politics, and the Fight for a Better Future on my way home.
Krugman has come a long way since I first started …read more […]