Yahoo Finance Zack Guzman and Brian Cheung dig in to the latest federal budget deficit figures from the CBO, and break down what to expect in next week's Federal Reserve meeting on Wednesday....
Apr.24 -- Former World Trade Organization Director-General Pascal Lamy says the coronavirus pandemic will cause "horrible, terrible" numbers for the global economy. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets."...
Air France-KLM secured 7 billion euros ($7.6 billion) in French government aid on Friday, as the airline industry struggles to survive the coronavirus crisis that has all but halted passenger traffic across much of the world. France will issue 3 billion euros in loans as well as 90% guarantees on another 4 billion in bank lending to Air France, Finance Minister Bruno Le Maire said. The Dutch government said it was preparing a further 2-4 billion euros in aid to KLM....
Stocks go up and stocks go down. But when it comes to the broad and volatile semiconductor sector, variability can even see both happen at the same time. Working to validate that track record are three popular semi stocks indicating investors should be ready to diversify long and short within this important group.It generally remains a smart approach to follow or invest alongside the broader averages. Over longer time frames and during more meaningful market cycles, most listed companies go along, up or down, with the S&P 500 or other broad-based indices. That's common knowledge. It's also why trading with the trend is popular, particularly in rising stock markets like today.In our estimation the current market environment is inviting investors to trade the market long. But as I've recently stressed here at InvestorPlace, trading selectively from the short side is making increasing sense.InvestorPlace - Stock Market News, Stock Advice & Trading...
Global Energy Economist at Kpler Reid I'Anson joins Yahoo Finance’s Zack Guzman to discuss his outlook on oil prices following a tumultuous week amid the coronavirus pandemic. ...
(Bloomberg) -- The death toll from the new coronavirus reached 50,000 in the U.S., now the epicenter of the global outbreak. The World Health Organization formed an international alliance to ensure that Covid-19 vaccines and treatments are distributed fairly.The U.S. Food and Drug Administration warned patients about taking malaria medications touted by President Donald Trump. The president now claims he was being sarcastic on Thursday when he suggested that injecting disinfectants might ward off the coronavirus.Spain and Italy had their fewest deaths in five weeks, and new cases in Singapore dropped below 1,000 for the first time in five days. Russia reported the most new cases since April 19, and Germany had its worst day in almost a week.Key DevelopmentsVirus Tracker: Cases top 2.7 million; deaths exceed 191,000Pence says outbreak could be over by Memorial DayEurope grapples with lockdowns as cases drop and economies reelMnuchin asks for equity stakes in exchange...