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Dollar surges on funding crunch as US stimulus falters TOKYO (Reuters) - The dollar rose against major currencies on Monday as doubts about the U.S. government's response to the coronavirus pandemic and worries about tightening liquidity triggered a renewed flight into cash. FILE PHOTO: An employee ...
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Coronavirus and Oil-Price Plunge Buries Shale and Occidental's Big Bet The company's $38 billion acquisition of Anadarko Petroleum left it vulnerable to a calamitous glut. Gas flares in a field near Orla, Texas. Bronte Wittpenn/Bloomberg News. Share; Facebook; Twitter; Permalink. By. Rebecca Elliott,. Rebecca Elliott. The Wall ...
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US Jobless Rate May Soar to 30%, Fed's Bullard Says Federal Reserve Bank of St. Louis President James Bullard predicted the U.S. unemployment rate may hit 30% in the second quarter because of shutdowns to combat the coronavirus, with an unprecedented 50% drop in gross domestic product. Bullard called ...
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Coronavirus Stimulus Plan Counts on Small Business Administration to Fund Recovery WASHINGTON—The Small Business Administration could see the footprint of its primary loan program vastly expanded under the sweeping stimulus package proposed by Senate Majority Leader Mitch McConnell (R., Ky.) in response to the coronavirus crisis ...
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China aims to be a stabilizing force as global financial markets gyrate The world's second-largest economy was the first to grapple with the coronavirus after it emerged in late December. "While it's true the crisis isn't over for China, (there are) lessons that can be learned from China," Helge Berger, China mission chief and ...
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Coronavirus Bear Market: Where to Invest $500 Now Here are three stocks -- one dividend stock that's on sale and two coronavirus plays -- to consider investing in. Beth McKenna. (TMFMcKenna). Mar 22, 2020 at 1:44PM. Fast and furious is more than a movie franchise. It's an apt description of the fallout from ...
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GLOBAL MARKETS-Asia on ropes as S&P500 slides, dollar in demand ... * Asian stock markets : tmsnrt.rs/2zpUAr4. * S&P 500 futures fall 5% to be limit down. * Asian shares set for more losses, oil falls anew. * US dollar firm on safe-haven, high liquidity status. * More countries shut businesses, tell people to stay home. By Wayne ...
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Hospitals press for $100 billion in Congressional stimulus package (CNN) Some hospitals are running low on cash after canceling many elective procedures to devote more resources to the coronavirus outbreak. Executives from three hospitals across the country detailed their dire fiscal conditions on a conference call ...
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Senate GOP coronavirus bill aides US transit, airports but loans not cash for airlines WASHINGTON/CHICAGO (Reuters) - A Senate Republican coronavirus stimulus package would provide financial aid to U.S. airports, transit systems and passenger railroad Amtrak, but $50 billion for struggling U.S. airlines would be a loan not a cash payout, ...
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Help Wanted: Grocery Stores, Pizza Chains and Amazon Are Hiring The volume of food and paper products passing through a warehouse just outside Los Angeles is up 30 percent from the same time a year ago. Pizza deliveries are surging as people around the country hunker down. Medical product manufacturers are racing ...
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