April 24, 2020

As U.S. coronavirus death toll tops 51,000, handful of states move toward reopening

With the U.S. coronavirus death toll topping 51,000 and nearly one in six workers out of a job, Georgia, Oklahoma and several other states took tentative […]
April 24, 2020

U.S. weighs taking equity stakes in U.S. energy companies, Mnuchin says

The U.S. government is considering taking equity stakes in U.S. energy companies as it seeks to help the nation’s oil and gas sector amid the coronavirus […]
April 24, 2020

Explainer: How the U.S. could use taxpayer dollars to save oil and energy companies

The U.S. federal government is looking at “a whole bunch of alternatives” to support oil and other energy companies, Treasury Secretary Steven Mnuchin said on Friday […]
April 24, 2020

Icahn sees opportunities but warns of more ‘downdrafts’ ahead: Bloomberg

Billionaire investor Carl Icahn said he expects to see “good opportunities” to buy after the historic stock market sell-off but warned there will likely be more […]
April 24, 2020

Tech titans Apple and Microsoft propel Wall Street rally

Wall Street rallied on Friday, led higher by Apple and Microsoft as investors finished a turbulent week of trading and some states prepared to relax coronavirus-related […]
April 24, 2020

CBO sees $3.7 trillion U.S. deficit from coronavirus pandemic

A nationwide business shutdown and a surge in U.S. government spending will nearly quadruple the federal deficit to a record $3.7 trillion this fiscal year, as […]
April 24, 2020

As U.S. coronavirus death toll tops 50,000, a handful of states edge toward reopening

With the U.S. coronavirus death toll topping 50,000, Georgia, Oklahoma and a handful of other states took the first tentative steps at reopening for business on […]
April 24, 2020

Stocks struggle with muddled government pandemic responses

Global equity benchmarks struggled on Friday as some U.S. states began reopening businesses despite the disapproval of health experts, and as the European Union put off […]
April 24, 2020

Oil rises, but ends wild week lower as coronavirus slashes fuel demand

Oil prices rose on Friday but still posted a weekly loss, the eighth in nine weeks, as global production cuts could not keep pace with the […]
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