Crude oil futures fell on Monday, with U.S. futures touching levels not seen since 1999, extending weakness on the back of sliding demand and concerns that U.S. storage facilities will soon fill to the brim amid the coronavirus pandemic.
Caution gripped Asian share markets on Monday on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while a glut of supply sent U.S. crude spiraling to 20-year lows.
Caution gripped Asian share markets on Monday on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while U.S. crude prices took an early spill.
Crude oil futures fell in electronic trading on Sunday evening, with U.S. futures touching levels not seen since November 2001, extending last week's weakness on the back of sliding demand because of the COVID-19 pandemic that has killed more than 164,000 people worldwide.
U.S. Democrats and Republicans are near agreement on approving extra money to help small businesses hurt by the coronavirus pandemic and could seal a deal as early as Monday, President Donald Trump said, despite hopes for a deal on Sunday.
Crude oil futures fell on Sunday evening in CME Group trading, continuing last week's weakness on the back of sliding demand due to the COVID-19 disease that has killed more than 159,000 worldwide.
Facebook Inc is planning to launch a gaming mobile app on Monday focused mainly on live game streaming in a bid to take on Amazon.com Inc's Twitch, Google's YouTube and Microsoft Corp's Mixer services, the New York Times reported on Sunday.
Wynn Resorts Chief Executive Officer Matt Maddox on Sunday called on the Nevada governor to begin to reopen the Las Vegas Strip in mid- to late May with extensive safety measures in place, assuming the state is in line with certain benchmarks around the spread of the coronavirus.
Abacus | by South China Morning Post | Apr 15, 2020 A screenshot of the app circulating online likely isn't the final version of the digital currency, which is expected to be tightly controlled instead of decentralized like bitcoin A screenshot of the user interface for China’s long-awaited sovereign digital currency has begun circulating on
Millions of Americans have their coronavirus stimulus payments in their hands, while millions of others are still waiting to see the money. Regardless of which camp you are in, you probably have questions about how the payments work. Here's what readers have told us they most want to know now.
Ken Squire will be writing about activist investors weekly for CNBC.
Three financial advisors share how they have helped clients apply for emergency funding through the Paycheck Protection Program, and sought aid for their practices.
The Fintech Times | Manisha Patel | Apr 18, 2020 When it comes to commercial lending, credit analysis is an essential part of the process. Banks use it to assesses the ability of a business to sustain a certain level of debt and repay its loan. A bank can only lend money if it understands
U.S. banks are pushing the Federal Reserve to change the terms of a $600 billion lending program for small and medium-sized businesses, including reducing minimum loan sizes and allowing more flexibility on underlying reference rates, industry groups said.
Dwindling supplies of carbon dioxide from ethanol plants is sparking concern about shortages of beer, soda and seltzer water - essentials for many quarantined Americans.