Berkshire Hathaway Inc , the conglomerate run Warren Buffett, said it will hold its annual shareholder meeting on May 2 despite the coronavirus outbreak, but may curtail some of the surrounding events.
Dr. James Hamblin, MD of The Atlantic explains that the coronavirus might affect many people in the U.S., but if it’s over a long, extended period, it might not overwhelm resources as patients come in waves. …read more […]
The Federal Reserve was likely trying to boost confidence in the U.S. economy with its emergency rate cut of 50 basis points on Tuesday, but Moody’s Analytics Chief Economist Mark Zandi contends the impromptu action had the opposite of its intended effect. …read more […]
Markets fell sharply on Tuesday, after the Federal Reserve delivered an emergency rate cut in response to the coronavirus outbreak. BTIG Managing Director of Futures, Holly Liss, joins The Final Round to discuss what the Fed’s decision means for markets, and how stocks could be impacted. …read more […]
Nordstrom Inc forecast a 2020 profit largely below market expectations on Tuesday, after the upscale apparel retailer missed estimates for fourth-quarter revenue, sending its shares down 9% in after-market trading.
JPMorgan Chase & Co is asking thousands of U.S. employees to spend a day working from home in the coming weeks to test its contingency plans should the coronavirus spread, sources familiar with the plan told Reuters.
Global equity markets slid on Tuesday and the yield on 10-year U.S. Treasuries fell below 1% for the first time after the Federal Reserve cut interest rates to shield the U.S. economy from the impact of the fast-spreading coronavirus.
If markets remain uncertain, risk assets will continue to sell off, and investors will seek safer havens. …read more […]
Wall Street tumbled in a volatile session on Tuesday after the U.S. Federal Reserve surprised investors with a half percentage-point cut in interest rates, amplifying fears about the magnitude of the coronavirus’ impact on the economy.
Since October 2018, a month before Amazon’s HQ2 announcement, the median list price in Arlington has increased by $431,000. …read more […]
The coronavirus outbreak has muddied the outlook for the U.S. economy and could weigh on growth in the first half of this year, Cleveland Federal Reserve Bank President Loretta Mester said in London on Tuesday.
The Federal Reserve’s next policy decision in two weeks’ time will be driven by the latest news on how the coronavirus is affecting the economy, Cleveland Federal Reserve Bank President Loretta Mester said on Tuesday after an emergency rate cut.
Editor’s Note: Today, Mable will take a deep dive into one of the market’s often overlooked characters: municipal bonds.
These tax-advantaged offerings can make a big difference for your portfolio the next time Uncle Sam comes knocking.
But they’re only one of many ways to lessen what you lose each year to taxes…
For tips on how to optimize your return, check out Chief Income Strategist Marc Lichtenfeld’s video series called Sticking It to the Tax Man.
Click here to watch the first episode.
Then, read on to learn more about the investing vehicle that may become your portfolio’s first line of defense against the …read more […]
Of course, I continue to love Clorox.
It’s now national news that the company’s products are flying off store shelves faster than they can even restock them.
Granted, Clorox doesn’t report earnings for another 58 days, but when it does, it’ll be a blockbuster. That’ll certainly be a name we stay on top of.
But you know that already…
So here’s another play that capitalizes on the new reality of the coronavirus… Slack (NYSE: WORK).
I feel strongly this company will be a beneficiary of the new trend of “working from home” that we’ll see implemented more and more across the U.S. (and the world) …read more […]
The U.S. Federal Reserve cut interest rates on Tuesday in a bid to shield the world’s largest economy from the impact of the coronavirus, but the emergency move failed to comfort U.S. financial markets roiled by fears of a deep and lasting slowdown.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
