Enviva manufacturers wood pellet plants in the southeastern part of the U.S. from tree farm scraps and pulp mill waste.
$600 unemployment benefits are ‚life-saving‘ for this waiter: ‚I’m right at the edge‘
Lawmakers are sparring over enhanced unemployment benefits, scheduled to end after July absent intervention, which could be catastrophic for some recipients.
Pro traders scramble for protection in ‚warp speed‘ market, spur quadrupling of S&P 500 hedge cost
As fears of a drastic pullback intensified, it has gotten four times more expensive to hedge against more losses in the S&P 500 than before the coronavirus landed.
KKR co-CEO Henry Kravis says 80% of the companies it controls have at least two directors with diverse backgrounds
„It has to start at the top. If it’s not a priority for a CEO, it’s not going to happen in my view,“ KKR’s Henry Kravis said.
The Fed’s economic forecasts are all over the map, a sign of how uncertain these times are
The Federal Reserve’s economic outlook isn’t so much pessimistic as it is uncertain.
Hashtags won’t cut it. Corporate America faces a higher bar in a reckoning on racial inequality
CEOs and other business leaders are under increasing pressure to address racial inequality with tangible actions.
Gold Prices May Fall as Virus Cases Rise With Risks of Staggered Reopening
Gold prices may turn lower if sentiment sours and US equity markets plunge amid growing concerns of rising Covid-19 cases and the prospect of a delayed reopening of the economy.
US Dollar Outlook: Will Fed Spook Investors Again? S&P 500 Eyed
The US Dollar remains glued to the Dow Jones and S&P 500. All eyes turn to local retail sales, Fed Chair Jerome Powell, creeping virus cases and the central bank’s balance sheet.
Oil Price Recovery to Linger as US Crude Output Continues to Contract
The ongoing contraction in US production may keep the price of oil afloat as crude output narrows for ten consecutive weeks.
ForexLive Americas FX news wrap: US dollar rebound continues even as risk picture improves
Forex news for New York trade on June 12, 2020:
Markets:
– Gold up $3 to $1730
– WTI crude oil up 22-cents to $36.56
– S&P 500 up 39 points to 3041
– US 10-year yields up 3 bps to 0.70%
The US dollar continue the retracement against the euro and pound as the week wound down. Both EUR/USD and
Markets:
– Gold up $3 to $1730
– WTI crude oil up 22-cents to $36.56
– S&P 500 up 39 points to 3041
– US 10-year yields up 3 bps to 0.70%
The US dollar continue the retracement against the euro and pound as the week wound down. Both EUR/USD and