Google Alert - Business

	Business Daily update ⋅ March 27, 2020
	NEWS
	CNN Staggering jobs number shows why even a $2 trillion virus stimulus rescue plan is too small CNN (CNN) The bleakest one-time jobs data in American history -- 3.28 million people filed for unemployment last week -- shows why even a $2 trillion rescue bill can't save the economy and explains the fear in Washington is already provoking calls for a new plan ... Flag as irrelevant
	The New York Times A Gusher of Oil and Fewer Places to Put It The New York Times The world is awash in crude oil, and is slowly running out of places to put it. Massive, round storage tanks in places like Trieste, Italy, and the United Arab Emirates are filling up. Vast caves in Louisiana and Texas that hold the U.S. Strategic Petroleum Reserve ... Flag as irrelevant
	Reuters Dollar down before jobless claims, US stimulus passes Senate Reuters TOKYO (Reuters) - The dollar fell against the yen and the euro on Thursday ahead of U.S. data due to be released later in the global day that is expected to show a surge in unemployment benefit claims as firms lay off workers due to the rapid spread of the ... Flag as irrelevant
	Los Angeles Times A Strategy for Taking Advantage of the Market Meltdown Wall Street Journal The market's recent plunge has been brutal. But for people with traditional individual retirement accounts, the silver lining is that today's lower account balances can be used to reduce income-tax bills in retirement. The key is a strategy known as the Roth ... Flag as irrelevant
	Business Recorder Bank of England Monetary Policy Summary Reuters LONDON (Reuters) - Following is a text of the Bank of England's Monetary Policy Summary: "Our MPC voted unanimously to maintain Bank Rate at 0.1%. The committee also voted unanimously to continue with the program of £200 billion of UK government ... Flag as irrelevant
	Reuters Oil prices fall as demand shrinks but limited by stimulus Reuters SINGAPORE (Reuters) - Oil prices fell on Thursday following three days of gains, with the prospect of rapidly dwindling demand due to coronavirus travel bans and lockdowns offsetting hopes a U.S. $2 trillion emergency stimulus will shore up economic ... Flag as irrelevant
	Reuters Oil falls as sinking demand outweighs stimulus hopes Reuters LONDON (Reuters) - Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus destroyed demand and overshadowed expectations that a U.S. $2 trillion emergency stimulus will bolster ... Flag as irrelevant
	Wall Street Journal ECB Begins New Bond Purchases, Throwing Weight Behind Virus-Hit Nations Wall Street Journal The European Central Bank sent a powerful signal to investors that it will aggressively support Italy and other indebted eurozone countries that are battling the coronavirus, starting purchases under a new €750 billion ($812 billion) bond-buying program and ... Flag as irrelevant
	Forbes Oil Headed To $10 A Barrel As Virus Lockdown Eradicates Fuel Demand Forbes Oil prices have collapsed by more than half this year, to $23 per barrel today for West Texas Intermediate crude. But now is not yet the time to buy oil — because the worst is yet to come. Gasoline demand is set to plunge 50%, while jet fuel consumption has all ... Flag as irrelevant
	The New York Times Fed's Powell Says US Must Get Virus Under Control Before Economy Restarts The New York Times Jerome H. Powell, the Federal Reserve chair, said during a rare television interview on Thursday that the United States "may well" be in a recession already, but that it should get the coronavirus under control before getting back to work. "The first order of ... Flag as irrelevant
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