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PPP And EIDL Loan Changes After The Coronavirus Response And Relief Supplemental Appropriations Act After months of waiting, debate, and compromise, we finally have a second COVID-19 relief package. The deal comes just days before many of the protections established by the CARES Act are set to expire. Some of the most anxiously awaited aspects of the ...
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US dollar gains on concerns about new coronavirus strain NEW YORK (Reuters) -The dollar rose to a more than one-week high on Monday in a holiday-shortened week on fears about a fast-spreading new coronavirus strain that was discovered in the UK, prompting investors to seek safety in the greenback.
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Pound Sinks Most Since March But Pares Loss on Brexit Talks Concerns about a new strain of coronavirus in the U.K. drove the British pound to its biggest loss since March, though the currency pared much of that decline as Prime Minister Boris Johnson made another offer to salvage Brexit talks. Sterling tumbled 2.5% to ...
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Stocks Slide as Virus Disrupts Travel and Trade Between UK and Europe: Live Updates Financial markets reeled on Monday, as a new, fast-spreading variant of the coronavirus led to the suspension of some trade and travel ties with Britain and a new lockdown in London. Stocks in Europe were sharply lower, along with energy prices and the ...
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Millions of Christmas presents may arrive late because of USPS package delays Competing crises are slamming the U.S. Postal Service just days before Christmas, imperiling the delivery of millions of packages, as the mail agency contends with spiking coronavirus cases among its workforce, unprecedented volumes of e-commerce ...
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Wall Street analysts make a big S&P 500 call for 2021. Market history says ignore them Wall Street analysts forecasting the year-end 2021 earnings per share and price targets for every stock in the S&P 500 see the market index rising to 4,000. But the recent track record of equity analysts predicting bullish stock performance a year out is not a ...
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Wall Street Set for $11 Billion in Buybacks on Fed Decision The six biggest U.S. banks will be able to buy back as much as $11 billion of their own shares in the first quarter of next year after the Federal Reserve gave lenders the green light to resume purchases. Bank stocks climbed after the central bank's show of ...
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Shell to write down assets again, taking cuts to more than $22 billion LONDON (Reuters) - Royal Dutch Shell on Monday said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook. In an update ahead of its fourth quarter results on ...
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Oil tumbles 4% as new virus strain revives demand fears NEW YORK (Reuters) - Oil prices tumbled about 4% on Monday as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked worries about a slower recovery in fuel demand. FILE PHOTO: ...
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Oil prices skid as new coronavirus strain fuels demand worries TOKYO (Reuters) - Oil prices dropped more than 3% on Monday, as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe fuelled worries about a slower recovery in fuel demand. FILE PHOTO: Oil ...
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