Another unprecedented session at this unprecedented time for the market, as the price of crude oil actually went negative for the front month!
Basically, we’re talking about the May contracts. Due mainly to coronavirus shutdowns, the country’s up to its ears in oil… but
Investor focus has shifted to the record-breaking crash in oil prices amid the acceleration of corporate earnings and the continuing debate over coronavirus containment versus loosening lockdowns
Stimulus checks provided to Americans under the CARES Act have started being directly deposited into bank accounts across the country. For those waiting for funds, the IRS has created a website where you can input your information to see the status of your payment.
In light of the COVID-19 global pandemic, GoPro (NASDAQ: GPRO) is withdrawing its financial guidance, cutting its workforce, and shifting its business model in a desperate pivot toward profitability. The company's cameras, known for capturing outdoor adventures, are collecting
The coronavirus crisis has led to record filings of initial unemployment claims and an unprecedented shutdown of businesses across the country. In response, Congress passed the CARES Act, which entitles most Americans to receive emergency relief checks worth up to $1,200 per adu
Oil prices grabbed headlines this week as front-month oil futures contracts (i.e., those expiring next) for two key pricing benchmarks crashed and burned on Monday. The May futures contract for West Texas Intermediate (WTI), which is the main U.S. oil price benchmark, cratered
Lockheed Martin reported better-than-expected quarterly profit on Tuesday, helped by higher sales in its aeronautics business that makes the F-35 fighter jets, but lowered its 2020 sales outlook due to coronavirus-led supply chain delays.
AT&T’s DirecTV satellite TV and WarnerMedia entertainment units were already facing pressure from changing technologies and consumer preferences before the coronavirus appeared.
Many cannabis stocks are trading for a fraction of the prices they commanded just a year ago. One of the most surprising crashes over the past 12 months has certainly been Aurora Cannabis (NYSE: ACB). As bad as the benchmark Horizons Marijuana Life Sciences ETF (OTC: HMLSF) has
In the wake of the coronavirus disease 2019 (COVID-19) pandemic, lawmakers took unprecedented action last month and wound up passing the largest economic stimulus in history.
Coca-Cola Co said on Tuesday its current-quarter results would take a severe hit from low demand for sodas due to the lockdowns imposed to fight the spread of the coronavirus.
Developing world stocks and currencies retreated on Tuesday as a plunge in oil prices underscored deep economic ructions from the coronavirus pandemic, sapping risk appetite.
(RTTNews) - German stocks sold off on Tuesday after the World Health Organization (WHO) advised caution in lifting coronavirus lockdowns and U.S. President Donald Trump said he is suspending immigration to the United States in response to the coronavirus pandemic and the "need t