Stamps.com rises as USPS seeks record price hike amid Trump criticism
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Brent rises on easing lockdowns, U.S. crude falls amid storage shortage
Oil prices fell on Tuesday with U.S. crude leading the decline, falling about 3% as domestic stockpiles were expected to have risen closer to record highs amid tightening storage despite plans to cut production......»»
As The US Rig Count Collapses Most Since 2014, Will Trump Bail Out Oil Companies?
As The US Rig Count Collapses Most Since 2014, Will Trump Bail Out Oil Companies? After a chaotic week in the energy complex and a record plunge in the price of WTI, today's data from Baker Hughes suggests American oil compan.....»»
Trump says he will block USPS aid if it doesn’t hike prices
President Trump said he would not be approving an emergency loan for the U.S. Postal Service if it did not immediately raise its prices for package delivery......»»
U.S. weighs taking stakes in U.S. energy companies, other options: Mnuchin
The Trump administration is considering taking stakes in U.S. energy companies as one possible option as it seeks to help the nation's oil and gas sector amid the coronavirus outbreak, U.S. Treasury Secretary Steven Mnuchin said on Friday......»»
US Visa Confusion Wipes Value from Indian Tech Firms
Indian tech companies have taken a big share-price hit this week, as confusion reigns over US President Donald Trump’s attempts to curtail immigration amid the COVID-19 crisis. Trump has already issued a̷.....»»
Record government and corporate debt risks ‘tipping point’ after pandemic passes
Shake Shack, the U.S.-based burger chain, will from the U.S. government, the company’s leaders said in a statement, amid widespread criticism over who got access to the More than a dozen publicly... To view the full story, click the title link......»»
State seeks $4 billion loan for surging unemployment claims
New York State has applied for a $4 billion federal loan to shore up its unemployment trust fund amid a record surge of claims by workers sidelined by the Covid-19 pandemic, a spokeswoman said. “All... To view the full story, click the title link......»»
Oil suffers record plunge below $11 amid historic glut
Oil suffered its biggest one-day price plunge in the modern era, at one point crashing about 40% to below $11 a barrel as traders contended with an historic glut......»»
Oil suffers record plunge below $11 amid historic glut
Oil suffered its biggest one-day price plunge in the modern era, at one point crashing about 40% to below $11 a barrel as traders contended with an historic glut......»»
Trump"s Comments On USPS Rates May Not Square With Agency"s Recent Actions
To hear President Donald Trump tell it, there's nothing wrong with the finances of the U.S. Postal Service (USPS) that a parcel rate hike, notably on Amazon.com Inc. (NASDAQ: AMZN), its largest shipping customer, wouldn't cure. read more.....»»
Oil rises amid hopes for quick decline in U.S. shale output
Oil prices rose more than 1% on Tuesday after the main U.S. energy forecasting agency predicted shale output in the world's biggest crude producer would fall by the most on record in April, adding to cuts from other major producers......»»
Tesla stock rises amid record-high China sales
April 9, 2020 Update: Tesla stock has been on a bit of a run this week, alongside major indices like the Dow J.....»»
US could stockpile 1B barrels of oil amid coronavirus price crash: energy secretary
Energy Secretary Dan Brouillette said he's looking into reserving up to 1 billion barrels of oil at the direction of President Trump......»»
Top Amazon executive sought to divert focus to fired worker amid workplace safety criticism, email shows
Amazon’s top legal executive suggests the company’s senior leaders target a fired warehouse worker’s intellect as a way to deflect criticism of its record......»»
Trump touts "great" Saudi-Russia oil deal to halt price rout, but details unclear
U.S. President Donald Trump said on Thursday he had brokered a deal with top crude producers Russia and Saudi Arabia to cut output and arrest an oil price rout amid the global coronavirus pandemic, though details of how cuts would work were unclear......»»
Trump is risking conflict with Iran and hammering it with sanctions as the country is devastated by coronavirus
Associated Press/Alex Brandon The risk of conflict between the US and Iran is still very real amid the coronavirus pandemic. President Donald Trump on Wednesday warned Iran it would "pay a very heavy price" if US forces in the Middle East are .....»»
Trump says Saudis and Russians will not hike oil production, and price jumps
The president said he had talked with Russian and Saudi leaders this week and expects them to call off their price war......»»
Trump touts "great" Saudi-Russia oil deal to halt price rout, details unclear
U.S President Donald Trump said on Thursday he had brokered a deal with top crude producers Russia and Saudi Arabia to cut output and arrest an oil price rout amid the global coronavirus pandemic, though details of how the cut would work were unclear......»»
Trump says he brokered deal with Saudi, Russia for huge oil cuts
U.S President Donald Trump said on Thursday he had brokered a deal with top oil producers Russia and Saudi Arabia to cut output and arrest an oil price rout amid a global coronavirus pandemic, sending crude prices up by 45%......»»
Oil soars by most on record amid news of output cut
Oil prices soared more than 30%, on track for the most in a day on record, on reports U.S. President Donald Trump expects Russian President Putin and the Saudi Crown Prince to announce an oil production cut of 10 million to 15 million barrels......»»