Economic Indicators1 hour ago (Feb 25, 2020 07:12PM ET) (C) Reuters. Britain’s Chancellor of the Exchequer Rishi Sunak is seen outside Downing Street in London LONDON (Reuters) – New finance minister Rishi Sunak should resist the urge to rewrite Britain’s fiscal rules ahead of the budget next month and he […]
Hong Kong to announce largest budget in a decade amid protests, coronavirus
Economic Indicators1 hour ago (Feb 25, 2020 07:11PM ET) By Noah Sin and Sarah Wu HONG KONG (Reuters) – Hong Kong is expected to announce its largest budget deficit in at least a decade on Wednesday to cushion the shock of often-violent protests and the outbreak of a coronavirus on […]
Covid-19 and Surging Face Mask Prices, GIF vs. JIF, and More News
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 […]