Peanut butter is stirring debate and Amazon is setting sellers straight, but first: a cartoon about telecommuting games. Here’s the news you need to know, in two minutes or less. Want to receive this two-minute roundup as an email every weekday? Sign up here! Today’s News As Covid-19 spreads, Amazon […]
Could the US Contain a Coronavirus Outbreak?
On Tuesday, a top US health official urged the American public, for the first time, to begin preparing for “severe” disruption to their daily lives. Nancy Messonnier, director of the CDC’s National Center for Immunization and Respiratory Diseases, told reporters during a conference call that the agency now believes a […]
Natural Gas: Feb. 26 Preview
The bear is back as the natural gas rebound seems to be a thing of the past, now at the lowest fibonacci support. Natural Gas: Feb. 26 Preview Disclaimer: All opinions expressed in this blog are solely for information or educational purposes. The blog material does not constitute investment or […]
U.S. business borrowing for equipment jumps 28% in January: ELFA
Economic Indicators5 hours ago (Feb 25, 2020 03:11PM ET) (Reuters) – U.S. companies’ borrowings for capital investments surged about 28% in January from a year earlier, as a strong U.S. economy drove up business spending, the Equipment Leasing and Finance Association (ELFA) said on Tuesday. The companies signed up for […]
As Oil Nears $50, Is It Time To Buy?
Crude oil probed below the $50 level and bounced February can be the weakest month of the year OPEC on the horizon Many markets across all asset classes have a habit of taking the stairs to the upside during bullish trends. Often, a bullish trend that lasts for months can […]
JPMorgan executives say bank is big enough to weather any storm
(C) Reuters. FILE PHOTO: A man walks into the JP Morgan headquarters at Canary Wharf in London By Elizabeth Dilts Marshall and Anirban Sen (Reuters) – JPMorgan Chase & Co (N:JPM) executives tried to reassure investors on Tuesday that the bank can thrive during times of market and economic stress, […]
As Covid-19 Spreads, Amazon Tries to Curb Mask Price Gouging
They’ve become the iconic symbol of a spreading epidemic. As the world struggles to contain the Covid-19 coronavirus disease, social media and news sites have flooded with pictures of people donning protective masks while they go about their daily lives, making city streets and shopping malls look more like hospitals. […]
Weak economy fuels smallest Mexican current account deficit since 1995
Economic Indicators7 hours ago (Feb 25, 2020 01:11PM ET) MEXICO CITY (Reuters) – Mexico posted its smallest current account deficit in 24 years during 2019 as sluggish investment crimped spending on capital goods even as the U.S. trade dispute with China supported exports, official data showed on Tuesday. Mexico’s current […]
The Corn And Ethanol Report: February 25, 2020
Good Morning! We kickoff the day with Redbook YoY and MoM at 7:55 A.M., Home Price Index at 8:00 A.M., Fed Kaplan speech at 8:45 A.M., Consumer Confidence and Richmond Fed Manufacturing Index at 9:00 A.M., 52-Week Bill auction at 10:30 A.M., 2-Year Note auction at 12:00 P.M., Fed Clarida […]
EU’s Barnier Hits Boris Johnson With Brexit Trade Ultimatum
Economic Indicators9 hours ago (Feb 25, 2020 11:37AM ET) (Bloomberg) — The European Union’s chief Brexit negotiator, Michel Barnier, handed British Prime Minister Boris Johnson an ultimatum, warning there will be no trade deal unless the U.K. agrees to the bloc’s demands on fair competition and fishing. “The trade deal […]