So the markets did not have a nice time today: Canada’s main stock market resumed its slide after a three-day winning run as investors grew more nervous about the spread of the coronavirus pandemic and …
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HSE Has Negative Outlook At S&P
Standard & Poor’s has announced: S&P Global Ratings lowered its West Texas Intermediate (WTI) and Brent crude oil price assumptions on March 19, 2020, which initiated a global review of its rated oil and gas …
March 26, 2020
It’s been a good time for markets. And a very good time for some: Boeing is up nearly 90 percent this week. American Airlines has jumped almost 50 percent. Carnival Corporation has soared about 46 …
March 25, 2020
Two Trillion bucks are on the way: Stocks on Wall Street rose on Wednesday as investors sized up a $2 trillion coronavirus rescue package intended to shore up the American economy, but the gains faded …
March 24, 2020
Today the markets celebrated hopes of a great big bail-out: Stocks soared on Tuesday on expectations that Congress was close to producing a stimulus bill to stabilize America’s faltering economy and offer lifelines to industries …
March 23, 2020
American banks are issuing dire warnings: Goldman Sachs economists on Friday forecast an unprecedented 24% hit to U.S. second-quarter GDP, following a 6% decline in the first-quarter, due to coronavirus; the bank also expects unemployment …
March 20, 2020
Equities had another lousy day: A brief semblance of stability in stock markets melted away on Friday, ending a disastrous week for North American equities, as the signs of economic carnage wrought by the fight …
March 19, 2020
Click for Big Brace yourself for staggering unemployment numbers: Numbers released on Thursday by the Labor Department — as well as a preliminary analysis of even more recent data — provide the first hard confirmation …
March 18, 2020
It’s raining money in Washington! Economists fear that by the time the coronavirus pandemic subsides and economic activity resumes, entire industries could be wiped out, proprietors across the country could lose their businesses and millions …
March 17, 2020
After an extremely slow start, Trump has apparently decided that his re-election prospects depend on largesse: The Trump administration called on Tuesday for urgent action to speed $1 trillion into the economy, including sending $250 …