Seniors turn to reverse mortgages as a cash lifeline during the coronavirus crisis

Global remittances are set to tumble by $142 billion in 2020, the sharpest fall in recent history, the World Bank estimates, as the coronavirus crisis chokes off a cash lifeline for hard-pressed households in poorer countries......»»

As companies pull the emergency cash cord to help them through the coronavirus crisis, shareholders have been split by an easing of the rules to make it easier for them to turn to investors with the deepest pockets......»»

If you're concerned about the impact of the coronavirus business disruptions and cash flow over the next few months, there are several financial options to consider to get through the challenges......»»

If you're concerned about the impact of the coronavirus business disruptions and cash flow over the next few months, there are several financial options to consider to get through the challenges......»»

For seniors.....»»

Communities across the country are taking the lessons from the Great Recession to heart as they dig out from the financial mess left by the coronavirus pandemic......»»

Communities across the country are taking the lessons from the Great Recession to heart as they dig out from the financial mess left by the coronavirus pandemic......»»

The coronavirus crisis has exacerbated a drop in demand for the industry's largest jetliners, with airline customers shunning deliveries of planes due to international travel restrictions, hurting cash flow at the U.S. planemaker......»»

The jump in passenger traffic for U.S. airlines during the Thanksgiving and Christmas holidays was a mirage, not a sustainable source of revenue for overcoming the coronavirus crisis. read more.....»»

Shipping group CMA CGM has obtained a 1.05 billion euro ($1.1 billion) loan to be 70% guaranteed by the French government as it seeks to bolster its cash position during the coronavirus pandemic, which has hammered international trade......»»

Analysts say steep jump in unemployment and layoffs caused by the pandemic will be hard to reverse quickly. Analysts say steep jump in unemployment and layoffs caused by the pandemic will be hard to reverse quickly......»»

Wikimedia Commons Money market holdings in the US has risen by $1 trillion to $4.7 trillion over the past eight weeks, UBS said in a note Tuesday.  During the great financial crisis, cash levels rose.....»»

Virgin Money swung to a first-half loss after setting aside 232 million pounds ($288 million) to handle loans likely to turn sour as a result of the coronavirus crisis......»»

Germany's Thyssenkrupp expects the coronavirus crisis to cause a new financial squeeze, scuppering hopes that selling its elevator business would deliver a swift cash respite for the embattled firm, its management board told staff in a letter......»»

Malaysia Airlines (MAB) is working closely with sole shareholder Khazanah Nasional for financial support while also taking steps to defend its cash position to sustain business during the coronavirus crisis, it said on Thursday......»»

General Electric Co reported a 7.6% drop in first-quarter revenue, hurt by weakness in its aviation and power units due to the coronavirus pandemic, and fell short of its own free cash flow targets for the quarter......»»

Associated Press Ford reported $34.3 billion in Q1 revenue and a loss of $2 billion on an un-adjusted basis. CFO Tim Stone said that the company has a sufficient cash position to sustain its.....»»

AP Photo/Susan Walsh Tesla reports Q1 earnings on Wednesday after the bell. Analysts expec.....»»

Shawn Moodie — a credit coach with over a decade in the financial services industry — said a business owner's most important assets right now are cash flow and credit......»»

General Motors said Monday it has suspended its quarterly cash dividend and its share buybacks to save cash in the face of the coronavirus crisis that has severely hurt global auto sales. Fred Katayama reports......»»