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The Latest: Group says virus could push 500M into poverty
The Latest: Group says virus could push 500M into poverty
| April 9th | 2020  6:40AM
The Latest: Group says virus could push 500M into poverty
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR — Warnings multiply against Easter holiday travel, gatherings …
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The Latest: Spain reports slight drop in daily virus deaths
Lifestyle news icon
| April 9th | 2020  6:10AM
The Latest: Spain reports slight drop in daily virus deaths
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR — Virus outbreaks flatten in some places, while others see more cases …
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Global shares track Wall Street gains, shrug off jobs fears
Global shares track Wall Street gains, shrug off jobs fears
| April 9th | 2020  5:30AM
Global shares track Wall Street gains, shrug off jobs fears
BANGKOK (AP) — Shares powered ahead in Europe and Asia on Thursday after a 3.4% overnight rally on Wall Street. Benchmarks rose in Paris, London and Hong Kong and ended flat in Tokyo, with investors seemingly reassured by signs that coronavirus deaths and infections may be nearing a peak or plateau in some of the world’s hardest-hit areas.
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The Latest: Slovakia orders lockdown for 5 Roma communities
The Latest: Slovakia orders lockdown for 5 Roma communities
| April 9th | 2020  4:54AM
The Latest: Slovakia orders lockdown for 5 Roma communities
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR — Virus outbreaks flatten in some places, while others see more cases …
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The Latest: Belgium's virus-stricken nursing homes seek help
Economy news icon
| April 9th | 2020  4:26AM
The Latest: Belgium's virus-stricken nursing homes seek help
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR — Virus outbreaks flatten in some places, while others see more cases …
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The Latest: Recession predicted for sub-Saharan Africa
Economy news icon
| April 9th | 2020  3:55AM
The Latest: Recession predicted for sub-Saharan Africa
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR — Virus outbreaks flatten in some places, while others see more cases …
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Hurry up and wait? Why relief to small businesses has lagged
Hurry up and wait? Why relief to small businesses has lagged
| April 9th | 2020  3:31AM
Hurry up and wait? Why relief to small businesses has lagged
NEW YORK (AP) — Speed is of the essence if a federal relief program for small businesses is going to be effective in combating the damage wrought by the coronavirus lockdowns. Yet, days into the program, many Main Street businesses are still waiting for the cash infusion necessary to stay alive. Others say they haven't even been able to apply for loans under what's called the Paycheck Protection Program.
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Asian shares mostly higher, lockdown feud drags Tokyo lower
Stock markets news icon
| April 9th | 2020  2:44AM
Asian shares mostly higher, lockdown feud drags Tokyo lower
BANGKOK (AP) — Shares were mostly higher in Asia on Thursday though Japan’s benchmark fell as local leaders sparred with Prime Minister Shinzo Abe’s government over measures to contain the coronavirus outbreak. After a 3.4% overnight rally on Wall Street, markets advanced in Hong Kong, Sydney and Shanghai. Investors seem reassured by…
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Dubai allows alcohol home delivery as virus shuts down bars
Dubai allows alcohol home delivery as virus shuts down bars
| April 9th | 2020  2:05AM
Dubai allows alcohol home delivery as virus shuts down bars
DUBAI, United Arab Emirates (AP) — The Champagne corks no longer pop at Dubai's infamous alcohol-soaked brunches. The blaring flat-screen televisions stand silent in the sheikhdom's sports bars. And the city-state's pubs have shrink-wrapped their now-idle beer taps. This skyscraper-studded desert metropolis on the Arabian Peninsula has…
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The Latest: India identifies, seals coronavirus hot spots
The Latest: India identifies, seals coronavirus hot spots
| April 9th | 2020  1:18AM
The Latest: India identifies, seals coronavirus hot spots
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR — India identifies, seals coronavirus hot spots as cases rise …
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The Latest: South Korea expects positive economic growth
Spread of the coronavirus disease (COVID-19) in Pantin near Paris
| April 9th | 2020  12:43AM
The Latest: South Korea expects positive economic growth
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR — South Korea’s top central banker expects slow, but positive economic growth. …
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Virus casts a dark cloud over once-thriving home market
Virus casts a dark cloud over once-thriving home market
| April 9th | 2020  12:01AM
Virus casts a dark cloud over once-thriving home market
BOSTON (AP) — When Rebeka McBride and her husband put their home in Washington state on the market in early March, the coronavirus outbreak was just taking hold in the United States. They managed to hold two open houses and a smattering of private viewings before accepting an offer. But with the U.S. economy now collapsing, the family…
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Asian shares mixed, Tokyo lower as Wall Street rally fades
Leading economic indicators news icon
| April 9th | 2020  12:00AM
Asian shares mixed, Tokyo lower as Wall Street rally fades
BANGKOK (AP) — Shares were mixed in Asia on Thursday after a 3.4% gain on Wall Street overnight as investors chose a positive focus for data about the coronavirus outbreak’s trajectory. Japan’s Nikkei 225 index lost 0.4% after the central bank governor said the economy faces “extremely high” uncertainty over the likely impact of the pandemic.
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It's Time To Buy Corona
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| April 8th | 2020  1:00AM
It's Time To Buy Corona
The stock market can be a funny place and inefficient things happen all the time despite the levels of liquidity present in 21st-century markets. As the world shut down in March and hundreds of millions of people shifted to working from home, shares of the video conference app, Zoom Video Communications (NASDAQ: ZM) popped more than 130% in just a few weeks.
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Wells Fargo (WFC) Takes a Bullish Case in Video Games, Upgrades Activision (ATVI), Take-Two (TTWO)
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| April 8th | 2020  1:00AM
Wells Fargo (WFC) Takes a Bullish Case in Video Games, Upgrades Activision (ATVI), Take-Two (TTWO)
If there was a natural fit for a pandemic that's keeping millions of people indoors at any given time, it's got to be video game stocks, right? Oddly enough, that's not the case at a lot of firms, as video game stocks are having a rough time finding upward momentum amid sales that aren't exactly brisk. However, an extra life for gaming seems to be afoot as a new player has entered the game: Wells Fargo (NYSE: WFC).
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Why You Should Be Cautious with Dividend Investing Right Now
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| April 8th | 2020  1:00AM
Why You Should Be Cautious with Dividend Investing Right Now
Dividend investing is one of the more popular investment styles for people that aren’t necessarily looking for huge gains but rather passive income over time in the form of dividend payouts. It’s an attractive strategy because it allows investors to develop new income streams and experience compound growth over time. Dividend investing seems like a straightforward approach that can help you create real wealth over time.
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Data Center Strength Underscores Intel (INTC) Stock Buy
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| April 8th | 2020  1:00AM
Data Center Strength Underscores Intel (INTC) Stock Buy
Semiconductor giant  Intel Corporation (NASDAQ: INTC) shares made decade-long highs at $69.29 on Jan. 24, 2020, in reaction to its Q4 2019 EPS beat by + $0.27. Intel raised Q1 2020 EPS to $1.30 vs. $1.03 and FY 2020 EPS of $5.00 consensus analyst estimates of $4.65. Investors and analysts were blindsided by the growth in 19% year-over-year (YoY) growth in the Data Center Group segment.
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Sirius XM (XMSR) Stock is a Buy That’s Hidden in Plain Sight
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| April 8th | 2020  1:00AM
Sirius XM (XMSR) Stock is a Buy That’s Hidden in Plain Sight
Satellite radio broadcaster Sirius XM (NASDAQ: SIRI) has revolutionized subscription-based commercial-free audio content programming. The company has grown its membership to 34.9 million total SiriusXM subscribers by the end of 2019 and shares hit 52-week highs reaching $7.40 on Feb. 20, 2020. The following five-weeks saw SIRI shares plunge by (-44%)…
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This Is What To Expect From The 1st Quarter Earnings Season
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| April 8th | 2020  1:00AM
This Is What To Expect From The 1st Quarter Earnings Season
The First Quarter Is Not Going To Be Pretty The first-quarter earnings cycle is just around the quarter and I am here to tell you it’s not going to be pretty. The first shocks of the coronavirus pandemic were felt early in the quarter and threaten to shave double-digits off the S&P 500’s (SPY) EPS for the quarter. Investors should expect…
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