Economy

Pandemic investing must embrace greater uncertainties

Certainty is always more abundant than accuracy on Wall Street. Well argued, data laden hypotheses support opinions that drive buyers and sellers. A...
amarshaffan
3 min read

This breakdown of retail sales data shows why Amazon…

Consumer spending plunged by a record 16.4% in April, but one category saw a bounce: nonstore retailers. Included in this category, which saw...
amarshaffan
2 min read

Hundreds of companies keep PPP loans as deadline to…

Offices of Cutera Inc. in Brisbane, Calif. Google Earth The largest public companies that tapped the government’s emergency relief fund for small businesses...
amarshaffan
3 min read

Egyptian billionaire Naguib Sawiris oil prices and airlines

Egyptian billionaire Naguib Sawiris says he would buy airlines, going against fellow billionaire investor Warren Buffett, who announced that Berkshire Hathaway sold all...
amarshaffan
1 min read

Traders describe oil’s wild week and fall to negative…

Comstock | Stockbyte | Getty Images “Scary,” “unbelievable,” “so dramatic,” “unprecedented,” “very visceral”: These are among the choice words Wall Street veterans used...
amarshaffan
6 min read

Cramer believes ‘scientists are going to solve it’

Jim Cramer on Coinpress Media’s Halftime Report. Scott Mlyn | Coinpress Media Coinpress Media’s Jim Cramer said Thursday he believes that scientists testing...
amarshaffan
1 min read

A game plan to enhance retirement security for millions…

America is a resilient nation. Americans are optimistic, innovative, forward-looking and compassionate. And when a crisis occurs, America’s best qualities shine through and...
miftahulyahya
3 min read

Veterans will get stimulus checks automatically, after earlier issues

Secretary of the Treasury Steven Mnuchin speaks with President Donald J. Trump and members of the coronavirus task force during a briefing in...
amarshaffan
47 sec read

Coronavirus low last month may have been the market…

Larry Fink, co-founder of the world’s biggest money management firm, said Thursday the stock market’s low last month may have been the bottom...
amarshaffan
1 min read

The Fed is on ‘wartime’ footing and still may…

Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the...
miftahulyahya
3 min read

Cramer praises Fed on $2.3 trillion in business, municipality…

CNBC’s Jim Cramer on Thursday praised the Federal Reserve‘s latest moves to help keep afloat a U.S. economy that’s been battered by the...
miftahulyahya
1 min read

Stock futures point to gains at Thursday’s open

Stock futures were little changed in overnight trading, pointing to a relatively flat open on Thursday. The Dow was set to gain 49...
miftahulyahya
1 min read