Trading Ideas
Mortgage rates nose-dive to new low and bring out the buyers
Rates have hit a new record low and are drawing out hunkered-down homebuyers. …read more […]
Month: May 2020
Business News
New York’s Cuomo says businesses can turn away people not wearing masks
New York Governor Andrew Cuomo said he would sign an executive order on Thursday authorizing businesses to deny entry to anyone who does not wear a mask or face covering, stressing masks were critical to preventing the spread of the novel coronavirus.
Business News
Spain says it will do all it can to reverse Nissan closure, workers protest
Spain said on Thursday it would do everything possible to stop Nissan from closing its main car factory in the country as angry workers burned tyres and shouted “War” outside the Barcelona plant.
Trading Ideas
How to possibly make easy money from Trump's battle with Twitter and Facebook
Try this trade on for size amidst the brewing battle between President Trump and social media companies. …read more […]
Business News
Oil prices little changed as U.S. crude, diesel stocks swell
Oil futures dipped and then bounced to trade around even on Thursday after U.S. crude and distillate inventories rose much more than expected, with traders also worried that China’s new Hong Kong security law could result in trade sanctions.
Business News
S&P 500 drifts higher on healthcare, tech lift
Wall Street’s major indexes rose on Thursday, boosted by gains in healthcare and technology stocks, as investors hoped for a swift economic recovery from a coronavirus-driven economic slump.
Business News
Citigroup looks to return some staff to NY headquarters over the summer: Bloomberg News
Citigroup Inc looks to return a small number of staff to its New York headquarters in July or possibly August, with workers reentering its London offices possibly even earlier, Chief Executive Officer Michael Corbat told Bloomberg News in an interview.
Trading Ideas
FCC Commissioner on Trump social media crackdown: companies should leave ‘speech police business’
President Trump will sign an executive order on Thursday, cracking down on social media platforms Facebook and Twitter. FCC Commissioner Brendan Carr joins Yahoo Finance’s On The Move to discuss. …read more […]
Trading Ideas
ER doctor: 12-18 month coronavirus vaccine timeline 'is extremely optimistic'
As the fallout from the coronavirus pandemic continues, the search for a vaccine is not slowing down. …read more […]
Business News
KKR to inject money into vending machine group Selecta: sources
U.S. buyout group KKR is preparing to inject funds into Swiss vending machine company Selecta, which is saddled with debts and faces a loss of business due to the coronavirus crisis, four sources close to the matter said.
Business News
Spain aims to convince Nissan to change mind on Barcelona plant, hopes Renault stays
Spain will do everything it can to get Nissan to reverse its decision to close its Barcelona plant, Foreign Minister Arancha Gonzalez Laya said on Thursday.
Business News
Southwest Airlines adds routes catering to business travelers
Southwest Airlines Co said on Thursday it was adding new routes with more frequencies and nonstop flights from Phoenix, Denver, Las Vegas and Nashville.
Trading Ideas
Trading Ideas
AstraZeneca says it may consider exposing vaccine trial participants to virus
Companies and research institutions are currently working on more than 100 vaccines, about 10 of which are being tested on humans, in a bid to stop the respiratory illness that at present has no treatment and has killed about 350,000 people. “We should see the results very soon,” Soriot said. …read more […]
Business News
Morgan Stanley not given advisory role on Aramco pipeline sale: sources
Morgan Stanley has not been given an advisory role on the potential sale of a stake in Saudi Aramco’s pipeline business, a deal worth over $10 billion, two sources told Reuters.