Thursday, April 2, 2020
Tags Markets

Tag: markets

Coronavirus: Jakarta closes all schools, Apple shuts stores outside China

The coverage on this live blog has ended - but for up-to-the-minute coverage on the coronavirus, tGlobal cases: At least 145,374, according to the...

As Wall Street reels, veterans recall ’87 while the young look...

(Reuters) - As U.S. financial markets reel from a week of historic swings, industry veterans are drawing on memories from their earliest years on...

Cramer praises Trump for involving private sector in coronavirus response: ‘This...

CNBC's Jim Cramer praised President Donald Trump' s latest response to the coronavirus outbreak on Friday, calling the private sector involvement "a very big...

Bitcoin loses half of its value in two-day plunge

Bitcoin lost its allure as a safe-haven asset this week. The world's first and most widely held cryptocurrency dropped 50% over the past two...

Explainer: Dollar demand reveals market’s pain point

LONDON (Reuters) - This month's dramatic selloff in financial markets is causing ructions in vital funding markets that keep money flowing between banks and...

‘Big Short’ investor Michael Burry made a ‘significant’ bet that’s paying...

tMichael Burry, a hedge fund manager portrayed by Christian Bale in movie "The Big Short," has a wager against markets that paid off this...

Take Five: Panic stations

(Reuters) - 1/TAPPING THE FED Recent blowouts in dollar swap prices are a sign economic lockdowns across the world are starting to...

Trump gives people with student loans a break amid coronavirus

President Donald Trump said Friday that he would waive the interest on all federal student loans amid the coronavirus outbreak, meaning borrowers could pause...

JPMorgan sees negative GDP growth but says the US will skirt...

An economic slowdown is inevitable in the face of the fast-spreading coronavirus, but the U.S. will eventually avoid a technical recession, JPMorgan economists said.As...

Investors stockpiled a record $137 billion of cash in just 5...

tInvestors allocated a record $137 billion to cash-like assets over the five days ended March 11, Bloomberg reported Friday.tThe period was marred by major...