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Category: Money

  • Trump’s Monday White House Coronavirus Task Force Briefing
    • in Money
    • — April 21, 2020

    Trump’s Monday White House Coronavirus Task Force Briefing

    The White House and Congress are nearing an agreement on an aid package of up to 450 billion United ...

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    Oil prices crash to 1998 levels, as storage concerns, economic woes amplify
    • in Money
    • — April 21, 2020

    Oil prices crash to 1998 levels, as storage concerns, economic woes amplify

    Storage tanks across the globe are rapidly filling, including at the key USA hub in Oklahoma. Of cou...

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    Oil Experts React To OPEC+ Production Cuts
    • in Money
    • — April 21, 2020

    Oil Experts React To OPEC+ Production Cuts

    But industry experts fear the plan will not counter the debilitating effectthe coronavirus pandemic...

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    Oil Plunges to Lowest Since 1986 Ahead of Contract Expiration
    • in Money
    • — April 21, 2020

    Oil Plunges to Lowest Since 1986 Ahead of Contract Expiration

    Demand for crude has dropped precipitously in recent weeks as industrial and economic activity has g...

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    COVID-19 Shrinks Chinese Economy by Most in Half a Century
    • in Money
    • — April 20, 2020

    COVID-19 Shrinks Chinese Economy by Most in Half a Century

    China's economy has slumped since 1992 in the first quarter, as the novel coronavirus outbreak par...

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    There will be consequences trump has threatened China
    • in Money
    • — April 20, 2020

    There will be consequences trump has threatened China

    On Thursday, Mr Trump said that reopening the USA economy would be done "one careful step at a t...

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    Coronavirus: Gilead may partner with local firms for Remdesivir production in India
    • in Money
    • — April 20, 2020

    Coronavirus: Gilead may partner with local firms for Remdesivir production in India

    The drug was developed by Gilead Sciences and has been shown in studies to be effective at inhibit...

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    OPEC sees demand for its crude dropping to lowest in 30 years
    • in Money
    • — April 18, 2020

    OPEC sees demand for its crude dropping to lowest in 30 years

    Tom Seng , Assistant Professor of Energy Business at University of Tulsa's Collins College of Bus...

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    RBI cuts reverse repo rate by 25 bps, repo unchanged
    • in Money
    • — April 18, 2020

    RBI cuts reverse repo rate by 25 bps, repo unchanged

    Non-banking finance companies ( NBFC ), banks and housing finance companies (HFC) will get help afte...

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    Gilead surges after report suggests COVID-19 patients responding to remdesivir
    • in Money
    • — April 18, 2020

    Gilead surges after report suggests COVID-19 patients responding to remdesivir

    As the world struggles in its battle against coronavirus COVID-19 conducting clinical trials to fi...

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    IRS to roll out an official tool for tracking stimulus checks
    • in Money
    • — April 17, 2020

    IRS to roll out an official tool for tracking stimulus checks

    Anyone earning up to $75,000 will receive a one-time payment of $1,200 in stimulus money, and the ...

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    Coronavirus: Google Orders All North American Staff To Work From Home
    • in Money
    • — April 17, 2020

    Coronavirus: Google Orders All North American Staff To Work From Home

    The trio, along with others such as Twitter Inc., are also allowing employees in hard-hit areas to...

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    IEA forecasts huge drop in oil demand in 2020
    • in Money
    • — April 17, 2020

    IEA forecasts huge drop in oil demand in 2020

    Thursday's report follows a separate briefing from the U.S. Energy Information Administration the pr...

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    Relaxing Canada-U.S. border restrictions still a long way off: Trudeau
    • in Money
    • — April 17, 2020

    Relaxing Canada-U.S. border restrictions still a long way off: Trudeau

    Trudeau also said another program - Canada Emergency Commercial Rent Assistance - is being discussed...

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    U.S. has 'passed the peak' on new coronavirus cases, says Trump
    • in Money
    • — April 17, 2020

    U.S. has 'passed the peak' on new coronavirus cases, says Trump

    Jeff Bezos, the chief executive of Amazon.com Inc, and Mark Zuckerberg, Facebook Inc's CEO, on Wedne...

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    Amazon fires two employees who criticized warehouse conditions
    • in Money
    • — April 16, 2020

    Amazon fires two employees who criticized warehouse conditions

    Amazon Employees For Climate Justice said in addition to terminating Costa and Cunningham, the comp...

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    Oil price strikes 2002 low, as demand set to crash
    • in Money
    • — April 16, 2020

    Oil price strikes 2002 low, as demand set to crash

    The Organization of the Petroleum Exporting Countries, along with Russian Federation and other produ...

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    Oil demand to plunge to 25-year low, IEA warns
    • in Money
    • — April 16, 2020

    Oil demand to plunge to 25-year low, IEA warns

    Oil prices plunged again on Tuesday, as investors were unconvinced that record supply cuts could ...

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    Stocks Start Week With Declines; Crude Oil Rises: Markets Wrap
    • in Money
    • — April 16, 2020

    Stocks Start Week With Declines; Crude Oil Rises: Markets Wrap

    The banking subsector fell 5.8%, as the biggest USA lenders set aside billions of dollars to prepare...

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    Nigeria heading into its worst recession in 30 years, says International Monetary Fund
    • in Money
    • — April 15, 2020

    Nigeria heading into its worst recession in 30 years, says International Monetary Fund

    The fund expects the world economy to contract by 3 percent in 2020 as measures meant to stop the vi...

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    SEIFSA welcomes reserve bank's surprise second repo rate cut
    • in Money
    • — April 15, 2020

    SEIFSA welcomes reserve bank's surprise second repo rate cut

    While the central bank said in a presentation last week the initial lockdown would lead to 370,000...

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    Historic oil production cuts 'will not halt slump in demand'
    • in Money
    • — April 15, 2020

    Historic oil production cuts 'will not halt slump in demand'

    Meanwhile, a 10 to 15 per cent cut in supply might not be enough to arrest the price decline, banks ...

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    African countries secure debt relief from the International Monetary Fund
    • in Money
    • — April 15, 2020

    African countries secure debt relief from the International Monetary Fund

    The 0.6% GDP growth forecast for the country is better than the IMF's projections for Thailand (-6.7...

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    Could Upstate New York schools, businesses reopen sooner than New York City?
    • in Money
    • — April 15, 2020

    Could Upstate New York schools, businesses reopen sooner than New York City?

    Andrew Cuomo said. The governors of New York, New Jersey, Connecticut, Pennsylvania, Delaware and...

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    California to discuss re-opening economies with Washington, Oregon — Newsom
    • in Money
    • — April 15, 2020

    California to discuss re-opening economies with Washington, Oregon — Newsom

    Despite the onus falling on the West Coast, the governors said that the health of residents comes ...

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    • in Money
    • — April 14, 2020

    Ontario reports 421 new COVID-19 cases, 17 new deaths

    One of the people who died was a man in his 90s who was a resident at Bradford Valley long-term care...

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    OPEC+ agree to cut oil production
    • in Money
    • — April 14, 2020

    OPEC+ agree to cut oil production

    Opec and allies led by Russian Federation, the so-called Opec + group, said they had an unpreced...

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    Creative Ways To Celebrate Easter 2020 With Kids While Quarantined At Home
    • in Money
    • — April 13, 2020

    Creative Ways To Celebrate Easter 2020 With Kids While Quarantined At Home

    What did one Easter egg say to the other? The Snapchat Easter Egg Hunt is only running for a limi...

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    Get your $1,200 coronavirus stimulus check fast with this online tool
    • in Money
    • — April 13, 2020

    Get your $1,200 coronavirus stimulus check fast with this online tool

    The IRS will make payments to anyone who qualifies through the end of the year. For those who ha...

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    Another 35 new COVID-19 cases, 3 new deaths confirmed today
    • in Money
    • — April 13, 2020

    Another 35 new COVID-19 cases, 3 new deaths confirmed today

    There have been 905 people in the province who have fully recovered. This brings the number of B.C...

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    Tesla resurrects long-range RWD Model 3 for the Chinese market
    • in Money
    • — April 12, 2020

    Tesla resurrects long-range RWD Model 3 for the Chinese market

    The CNY339,050 price is after accounting for the Chinese government's subsidy for new-energy vehicle...

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    Fed offers $2.3 tril. to firms, local governments
    • in Money
    • — April 11, 2020

    Fed offers $2.3 tril. to firms, local governments

    The Fed's liquidity bazooka aims to bolster the effectiveness of the Small Business Administration's...

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    Fed announces $2.3 trillion in additional lending
    • in Money
    • — April 11, 2020

    Fed announces $2.3 trillion in additional lending

    Meanwhile, the International Monetary Fund chief said Thursday that the COVID-19 pandemic will turn ...

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    Third week of big United States jobless claims sees 6.61 million filings
    • in Money
    • — April 11, 2020

    Third week of big United States jobless claims sees 6.61 million filings

    Tennessee Governor Bill Lee told the public this week that the Tennessee Department of Labor and Wor...

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    Oil-Producing Nations Seek Global Deal to Stabilize Market
    • in Money
    • — April 11, 2020

    Oil-Producing Nations Seek Global Deal to Stabilize Market

    It is reported that Mexico has withdrawn from the OPEC+ negotiations without agreeing to sign a new ...

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    Sunday 28 February 2021

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