Oil alternated between gains and losses in a volatile trading session that at one point saw U.S. crude drop more than 20%. Traders continue to eye dwindling storage capacity worldwide, although some of the losses were offset by optimism around reopening of economies. West Texas Intermediate futures for June delivery fell […]
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Dow rises 100 points in volatile trading, heads for longest winning streak since January
The Dow Jones Industrial Average rose on Tuesday amid enthusiasm around the prospect of states reopening the U.S. economy and was headed for its longest daily winning streak since the start of 2020. The 30-stock average traded 116 points higher, or 0.5%, and was on pace for its first five-day winning streak since […]
Coronavirus live updates: Dr. Fauci warns US could ‘be in for a bad fall,’ food banks close as help dwindles
A handful of biotech and pharmaceutical companies are kicking off earnings season this week, weaving Covid-19 updates into quarterly results tinged by the impact of a global pandemic. The virus continues to spread, with more than 3 million confirmed cases since the outbreak as countries and U.S. states begin to […]
Oil moves higher in volatile session
Oil alternated between gains and losses in a volatile trading session that at one point saw U.S. crude drop more than 20%. Traders continue to eye dwindling storage capacity worldwide, although some of the losses were offset by optimist around reopening of economies. West Texas Intermediate futures for June delivery gained […]
Stocks pare gains in volatile trading as tech shares pressure the broader market
Stocks pared the majority of their earlier gains on Tuesday as a decline in tech shares offset some of the enthusiasm around the prospect of states reopening the U.S. economy. The Dow Jones Industrial Average rose 70 points, or 0.25%, after rallying 378 points to start the session. The 30-stock average was briefly […]
Stocks cut gains in volatile trading as tech shares pressure the broader market
Stocks gave back most their earlier gains on Tuesday as a decline in tech shares offset some of the enthusiasm around the prospect of states reopening the U.S. economy. The Dow Jones Industrial Average was up just 59 points, or 0.2%, after rallying 378 points to start the session. The 30-stock average […]
Coronavirus live updates: Dr. Fauci warns US could ‘be in for a bad fall,’ US cases near 1 million
A handful of biotech and pharmaceutical companies are kicking off earnings season this week, weaving Covid-19 updates into quarterly results tinged by the impact of a global pandemic. The virus continues to spread, with more than 3 million confirmed cases since the outbreak as countries and U.S. states begin to […]
The biggest US mall owner prepares to reopen 49 properties. Here’s how that will work
Haywood Mall, Greenville, South Carolina. Mike Kalasnik | WikipediaCC The biggest mall owner in the U.S. is preparing to open a number of its properties across the country, as states like South Carolina and Georgia start to reopen during the coronavirus pandemic, according to an internal memo that was obtained […]
Coronavirus live updates: JetBlue will require passengers wear masks, US cases near 1 million
A handful of biotech and pharmaceutical companies are kicking off earnings season this week, weaving Covid-19 updates into quarterly results tinged by the impact of a global pandemic. The virus continues to spread, with more than 3 million people worldwide now confirmed with the infection, as countries and U.S. states […]
Small business loans above $2 million will get full audit to make sure they’re valid, Mnuchin says
Treasury Secretary Steven Mnuchin speaks during the daily briefing on the novel coronavirus, COVID-19, in the Brady Briefing Room at the White House on April 2, 2020, in Washington, DC. Mandel Ngan | AFP | Getty Images Treasury Secretary Steven Mnuchin told CNBC on Tuesday the government will perform an […]