Stay-home orders and job losses drove officials to push the April 15 income tax deadline into summer. What happens with estimated taxes? Old refunds?...
The oil price war came to an unofficial end after the world's largest oil producers, the OPEC+ group, said they collectively cut their output by 9.7 million barrels of oil per day. Here's how multiple experts reacted to the latest developments.Senator Says Deal An Important First Step For Oil Prices The most notable take away from the OPEC+ deal is that it will put an immediate end to the global oil price war, Sen. Dan Sullivan (R-Alaska) said Monday on CNBC's "Squawk Box."The agreement will "hopefully" put an end to the "massive" job losses the oil sector is experiencing in Alaska, he said. While the weekend's agreement is a good first step, "implementation is going to be key," Sullivan said.Sullivan said that he and a handful of other senators made it clear to Saudi's ruling family that failure to make changes would be viewed as an attack on their constituencies. The...
(Bloomberg) -- States on both U.S. coasts formed coalitions to plan for coordinated reopenings of their economies after President Donald Trump insisted he would have the final say on when the country would reopen.President Emmanuel Macron of France extended the nation’s lockdown to May 11. Seventy vaccines are in development, with three being tested in human trials, the World Health Organization said. The head of the agency said it has a “very good” relationship with Trump, who has threatened to cut off funding to the group.U.S. stocks fell, while markets across Europe were closed for the Easter holiday.Key DevelopmentsCoronavirus Tracker: Global cases reach 1.9 million; deaths top 118,00070 coronavirus vaccines in development globallySpain reports smallest number of new infections since March 20Fauci says U.S. reopening could start ‘in some ways’ in MayCruise passengers spend Easter on ‘ghost ship’The Virus Should Wake Up the West: Micklethwait and WooldridgeWashington, California, Oregon Join Forces...
White House spokesman Hogan Gidley says "President Trump is not firing Dr. Fauci," after President Trump retweeted a call to fire the director of the National Institute of Allergy and Infectious Diseases. Former White House Medical Unit Physician for Obama, Biden and Pence, Dr. Jennifer Pena, joins Yahoo Finance’s Seana Smith to discuss....
Former Shell Oil President John Hofmeister joins Yahoo Finance’s Seana Smith to discuss the historic OPEC+ agreement to slash global oil output amid the coronavirus pandemic....