Bizarre Rise In Libor Prompts Questions About One Or More Banks In Trouble
Bizarre Rise In Libor Prompts Qu.....»»
Jim Cramer: Banks "may need to say goodbye to their dividends"
"[I]f there is a prolonged lockdown, then I think the banks are in trouble," the "Mad Money" host said......»»
The PPP"s next issue: How do banks actually disburse the funds?
The SBA made a sample document available on April 8, but it did not include any language related to forgiveness — one of the biggest questions among bankers......»»
Banks reflect on rocky first week of PPP loan program
The good news is one of the biggest questions surrounding the PPP – when borrowers will actually receive funds – appears to have been answered......»»
Small Business Loans and the Coronavirus Stimulus: Here’s How the Major Banks Are Handling PPP Applications
Small business owners have had trouble navigating the red tape......»»
Soaring unemployment increases odds U.S. banks will cut dividends
Questions are building about whether big U.S. banks will have to cut dividends later this year as the coronavirus crisis puts a record portion of Americans out of work, making it difficult for borrowers to pay back loans......»»
Helicopters? Bailouts? Central banks move to stem coronavirus crisis
Central banks are pulling out all the stops to try to shield their economies from the new coronavirus pandemic, raising questions about whether they risk crossing a line by bailing out governments that are massively raising their spending......»»
How Central Banks Could Use Digital Cash to Deliver Universal Basic Income
Central banks are well placed to deliver regular, no-questions-asked monthly payments to everyone, and to manage any ensuing inflation......»»
Refusing Free Money Is a Sign of Fear
A vital indicator of a dollar squeeze is flashing red. It means trouble for banks......»»
Europe Markets: European stocks trade higher after a week of spending by global central banks and governments to combat coronavirus
European stocks rise Friday, as investors appear willing, for now, to put their faith in vast stimulus moves from central banks and governments to shore up economies against the fast-spreading coronavirus pandemic......»»
Futures Movers: Oil continues bounce from 20-year low as governments roll out stimulus measures
Oil rises Friday, looking to extend a bounce off 20-year lows that saw the U.S. benchmark log its largest one-day percentage rise on record as governments and central banks move to provide stimulus in response to the COVID-19 pandemic......»»
U.S. oil futures score biggest one-day percentage rise on record
Oil futures rallied Thursday, with U.S. prices up nearly 24% to score their largest one-day percentage climb on record, as moves by global central banks and governments to support global economy helped to ease worries about th.....»»
NewsWatch: Stocks rise in choppy trade as governments, central banks try to calm investor nerves
U.S. stocks turned higher midday Thursday in seesaw price action as investors digested the latest economic data showing the impact of the coronavirus pandemic as well as moves by government and central banks to alleviate the crisis......»»
Market Snapshot: Stocks rise in choppy trade as governments, central banks try to calm investor nerves
U.S. stocks turned higher midday Thursday in seesaw price action as investors digested the latest economic data showing the impact of the coronavirus pandemic as well as moves by government and central banks to alleviate the crisis......»»
Bond Report: Treasury yields rise as bond-market looks to find footing
Treasury yields climb on Tuesday as bond and equity markets struggled for stability amid continued questions whether the U.S. government would deploy aggressive fiscal stimulus policies to cushion the anticipated economic blow from the COVID-19 outbreak......»»
Coronavirus spread prompts Wall Street to seek regulatory approval for home trading
Wall Street banks and brokers are in "robust" talks with regulators to secure rule-waivers that would allow thousands of traders to operate from home as the coronavirus spreads in New York, the chief executive of a top industry group told Reuters......»»
Coronavirus hits global factories, policy easing prospects rise
Global factories took a beating in February from the coronavirus outbreak with activity in China shrinking at a record pace, surveys showed on Monday, raising the prospect of a coordinated policy response by central banks to prevent a global recession......»»
Europe Markets: European stocks and U.S. stock futures rise on rate-cut hopes
European stocks snapped back on Monday, rallying on hopes that central banks across the world will deliver interest-rate cuts......»»
Commodities Corner: Gold’s rise to near 7-year highs feeds talk of a climb to record prices of $2,000 and beyond
Gold prices now trade at their highest levels in almost seven years, as the economic impact of COVID-19 has raised expectations for stimulus from global central banks, feeding talk of record prices of $2000 an ounce and beyond for the precious metal......»»
Mississippi"s governor declared a state of emergency ahead of "the third worst flood" in the state"s history
Rogelio V. Solis/AP Mississippi Gov. Tate Reeves declared a state of emergency ahead of predictions that the Pearl River will rise to 38 feet and flood its banks near Jackson. Gov. Reeves called the projected event "the third worst flood".....»»
NewsWatch: Stock market investors’ motto — ‘in central banks we trust’ — is still working
Liquidity injections are prompting a rise in stock prices......»»