(Bloomberg) — European stocks slumped the most in almost three weeks, ending their longest rally since November, led by declines in oil & gas and banking shares. Read More
European Stocks Halt Five-Day Rally With Focus on Earnings — Financial Post
Category: Uncategorized
Brazil government, banks in talks about bailing out companies — Financial Post
BRASILIA/SAO PAULO — Brazil’s Economy Ministry is talking with banks about providing bailouts to sectors such as airlines, automakers, power companies and large retailers to help them survive the coronavirus crisis, chief executives of Banco Bradesco SA and Banco Santander Brasil SA confirmed on Wednesday in live presentations. Read More
Brazil government, banks in talks about bailing out companies — Financial Post
Stocks, crude plunge on economic data, oil oversupply — Financial Post
NEW YORK — A double whammy of economic data showing the U.S. economy in a deep downturn and reports of persistent crude oil oversupply and collapsing demand slammed global markets on Wednesday as vivid reminders of the damage from coronavirus-related lockdowns. Read More
Stocks, crude plunge on economic data, oil oversupply — Financial Post
Where To Get Your Refund
A quick note on the tax payment. Below is the link if you need information to the IRS.
The New Normal, is Weird.
The new normal in the COVID-19 has changed not only how we shop, but what we shop for. As we all stay in as much as possible, a few things become clear is society begins to adopt to the new norm. Here are a few ideas consumers are buying new. Time to adjust your portfolio?
Toilet paper and paper towels are so two months ago.
Now that more Americans have adjusted to what will likely be their new normal for the foreseeable future, they’re looking for ways to entertain themselves, stay fit, cook more and grow their own produce at home. There’s been a surprising surge in some products.
Stocks Set for Mixed Trading; Crude Oil Swings: Markets Wrap — Financial Post
(Bloomberg) — Stocks looked set to for a mixed start to the week as investors mulled a slowdown in new coronavirus cases and readied for the start of earnings season. Oil futures swung after a historic deal to cut output. Read More
Stocks Set for Mixed Trading; Crude Oil Swings: Markets Wrap — Financial Post
New Unemployment Figure
OPEC+ considers oil cuts above 12 mln bpd, wants 5 mln bpd from others – source — Financial Post
OPEC, Russia and other allied producers, a grouping known as OPEC+, are considering cutting their oil output by more than 12 million barrels per day (bpd) and want other producers to contribute cuts of 5 million bpd, an OPEC+ source said on Thursday. Read More
OPEC+ considers oil cuts above 12 mln bpd, wants 5 mln bpd from others – source — Financial Post
Wall Street rises on Fed’s $2.3 trillion backstop — Financial Post
Wall Street rose for the third time in four days on Thursday as the U.S. Federal Reserve rolled out a massive $2.3 trillion program to bolster local governments and businesses, while oil prices gained on expectations of a drastic cut in output. Read More
Wall Street rises on Fed’s $2.3 trillion backstop — Financial Post
What you should know about Jack Dorsey’s surprising $1 billion commitment to charity — Vox – All
Twitter CEO Jack Dorsey. | Fairfax Media/Getty The Twitter founder is making an unexpected and important philanthropic push in response to the coronavirus pandemic. Jack Dorsey is making the country’s most significant private gift to tackling the coronavirus and its consequences, pledging to spend up to $1 billion as part of an unexpected philanthropic push.…
What you should know about Jack Dorsey’s surprising $1 billion commitment to charity — Vox – All
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