Trading Ideas
Congress inches closer to stimulus deal
Yahoo Finance’s Jess Smith joins the On The Move panel to discuss how the White House is responding to the coronavirus as Democrats propose new stimulus plan. …read more […]
Month: March 2020
Trading Ideas
‘We do know historically that markets have rebounded relatively quickly from previous pandemics’: strategist
ProShares Global Investment Strategist Simeon Hyman joins On The Move to discuss the markets amid the coronavirus pandemic. …read more […]
Business News
U.S. lawmakers nearing deal for $32 billion aviation sector bailout
U.S. lawmakers are nearing agreement on a package of grants for passenger and cargo airlines and contractors worth $32 billion as part of a massive U.S. stimulus and rescue package amid the massive travel demand falloff because of the coronavirus outbreak, three people briefed on the matter said.
Trading Ideas
Dow soars on hope of stimulus deal
Yahoo Finance’s Jared Blikre joins the On The Move panel to discuss how the markets are faring amid the COVID-19 pandemic. …read more […]
Business News
As Europe fights coronavirus and climate, is ‘green stimulus’ the way?
For European governments battling to brace economies pummeled by the coronavirus, there might be no better time to go green.
Business News
Phillips 66 delays scheduled refinery shutdowns on coronavirus concerns
Phillips 66 is delaying three sizeable scheduled shutdowns at its refineries this year, the company said on Tuesday, because of concerns that coronavirus could spread among the refineries’ workers if the maintenance goes ahead.
Newsmakers
NexTech AR (OTC: NEXCF) Integrates Zoom Video Conferencing Into Remote Work & Learning Platform
New Technology Enhances Zoom Calls With Augmented Reality NEW YORK and TORONTO, March 24, Mar 24, 2020 — NexTech AR Solutions (NexTech) (otcqb:NEXCF) (NTAR)(N29), the leader in augmented reality for eCommerce and AR learning applications, […]
Business News
Stocks, gold bounce on new stimulus from Fed, others
Financial markets rebounded sharply on Tuesday, with a measure of global equities headed for its biggest bounce since the crisis erupted a month ago, while the safe-haven dollar recoiled as investors welcomed unprecedented global stimulus efforts.
Business News
Boeing CEO does not want U.S. to take stake in company after coronavirus stimulus
Boeing Co Chief Executive Dave Calhoun said on Tuesday he does not want the U.S. Treasury to take an equity stake in the planemaker as a condition of government loans as credit markets freeze amid the coronavirus pandemic.
Trading Ideas
Credit Suisse cuts 2020 S&P 500 outlook, but sees rebound in 2021
Credit Suisse analyst Jonathan Golub again cut his outlook for the stock market in 2020 as the coronavirus outbreak remains a near-term anchor on corporate growth prospects. But for 2021, stocks are going back up, he said. …read more […]
Trading Ideas
Trading Ideas
‘This idea we’re going to restart everything soon enough in a week or so is totally nuts’: Nouriel Roubini
Nouriel Roubini, Professor of Economics at NYU Stern, joins Yahoo Finance’s On The Move panel to discuss how the coronavirus outbreak is impacting the markets and what investors should expect in the coming weeks. …read more […]
Trading Ideas
‘It’s clear we’re going to have a recession that’s more severe than the global financial crisis’: Nouriel Roubini
Nouriel Roubini, Professor of Economics at NYU Stern, joins Yahoo Finance’s On The Move panel to discuss how the government has handled the coronavirus pandemic. …read more […]
Business News
Oil rises over 3% on Fed steps to support economy, hopes of U.S. aid package
Oil rose over 3% on Tuesday after the U.S. Federal Reserve said it would take steps to bolster the economy and on growing hopes the United States will soon reach a deal on a $2 trillion coronavirus economic package.
Business News
Halliburton to ‘significantly’ cut 2020 capex below $1.2 billion budget
Oilfield services firm Halliburton is accelerating its cost-cutting and will significantly reduce spending this year below its original $1.2 billion budget, its finance chief said on Tuesday.