The move signals that the unprecedented nature of the coronavirus pandemic, and the difficulty in forecasting what the future holds for banks, is making the Fed cautious.
Schlagwort-Archiv: CNBC
Stocks making the biggest moves after hours: Nike, Virgin Galactic, Wells Fargo and more
Check out the companies making headlines after the bell.
With the second quarter almost over, what companies earned is anyone’s guess
The second quarter is nearly over, and analysts still are clueless about what earnings companies will be reporting.
Nike reports unexpected loss as sales tumble 38%, shares fall
Even Nike, often lauded as one of the strongest global brands in the retail industry, is taking a hit from the coronavirus pandemic.
El-Erian says he’s waiting to put cash to work until the market finds another reason to go higher
„The big question is, what is the next anchor for markets? And it’s not clear to me where that’s going to come from,“ Allianz’s Mohamed El-Erian told CNBC on Thursday.
Brokers will have to tell you a lot more about what they are advising you to buy starting next week
Regulation Best Interest takes effect June 30, requiring broker-dealers to act in the best interest of their clients.
Accurate economic research group using math derived from skull measurements sees slower recovery
The recovery is most likely to be „U-shaped“ where the economy gradually climbs out of a recession, a study at MIT and State Street said.
Maxar’s $140 million buyout of 3D analytics firm will ’supercharge‘ satellite imagery, CEO says
Space company Maxar Technologies is taking full ownership of 3D analytics firm Vricon from Swedish aerospace firm Saab.
Cramer sees troubling signs for the market, says it’s OK to sell some winners and make money
„I think that sometimes we forget why we own stocks. We own stocks to create wealth,“ CNBC’s Jim Cramer said on Wednesday.
Stock market live updates: Stocks lower, travel stocks sink, KB Home drops 11%
A conversation about the latest market-moving news, including the recent spike in coronavirus cases.