Finance

Trudeau Announces Even More Canadians Can Now Apply For CERB

The leader of the federal Conservatives is also upset the Canadian representative from World Health Organization didn't speak at a government committee on COVID...


Track Your Coronavirus Stimulus Check With Online Tool From The IRS

The Washington Post , which first reported that Trump's name would appear on the checks, said the name would be below a line that reads , " Economic Impact...


Turkish parliament passes bill to free thousands from prison amid coronavirus

If passed, some 90,000 inmates would be temporarily or permanently released from overcrowded and unsanitary prisons. The enactment comes as an attempt to preven...


Amazon adding 75k positions due to COVID-19

The company has been racing to update safety protocols, distribute protective gear and keep warehouses functional as it works to ship essentials to shoppers und...


Oil price strikes 2002 low, as demand set to crash

There are doubts that the cuts are high enough to meet a fall in global demand. The price of futures contracts for Brent crude oil for June delivery climb...


Oil slides as producer cuts fail to banish demand fears

While the IEA acknowledged that the cuts were a solid start, its head warned in apocalyptic terms of the pain still to come. "During this awful year, the se...


Stocks, U.S. Futures Gain Before Earnings Kick Off: Markets Wrap

Treasury yields edged lower and the dollar was little changed. Monday's stock tumble came despite a historic agreement between Russia, Saudi Arabia and other ...


Wells Fargo Sets Aside the Most for Loan Losses in a Decade

Wells Fargo is a top lender to consumers, small- and medium-size businesses, and commercial-property investors across the country, so its results offer a view i...


Coronavirus: Amazon fires 3 employees who voiced criticism

The Washington Post and BuzzFeed News reported earlier on the firings, which took place last week. The Seattle-based agency has been facing public scrutiny...


Coronavirus will lead to "worst recession since the Great Depression"

The 0.6% GDP growth forecast for the country is better than the IMF's projections for Thailand (-6.7%), Malaysia (-1.7%) and Indonesia (0.5%) but lower than t...


Many pleasantly surprised by South African Reserve Bank's repo rate cut

Ramaphosa said at the time that South Africa was "only at the beginning of a monumental struggle that demands our every resource and our every effort". "The imp...


Coronavirus may lead to worst global recession since Great Depression

If the pandemic fades in the second half of 2020 and containment efforts can be gradually unwound, the global economy is projected to grow by 5.8 percent in 202...


NY governor says 'worst is over' as virus toll tops 10,000

This announcement builds on the states' ongoing regional approach to combatting the COVID-19 pandemic. "I don't like what I do, professionally, I've decided",...


Governors form compacts to coordinate reopening society

The announcement comes hours after the governors of New York, New Jersey, and CT confirmed they are working on a similar plan to re-open parts of the northeast...


Disney World to remove 43,000 workers during coronavirus pandemic

Under the terms of the agreement, the media and entertainment giant will continue to pay union workers health and insurance benefits. All Disney theme parks i...


Amazon Puts New Online Grocery Customers on a Wait List

The extension of the FBA freeze beyond the original April 5 deadline infuriated sellers across the U.S. and European Union, adding fuel to existing protests ...


Oil industry could bounce back 'very quickly' after historic deal: energy secretary

The group, known as OPEC +, said it had agreed to reduce output by 9.7 million barrels per day (bpd) for May and June, after an emergency virtual meeting o...


U.S. open: Stocks head south following OPEC's historic production cut

Monday's stock tumble came despite a historic agreement between Russia, Saudi Arabia and other oil producers to cut global oil production by 9.7 million barrels...


Amazon employee in Seattle has tested positive for illness caused by coronavirus

In fact, Microsoft has recommended that anyone who feels sick, has had contact with anyone who's been confirmed to have COVID-19, or anyone with a weaker immune...


Ontario Sees 400 New COVID-19 Cases

A total of 103,165 tests have been conducted in the province to date, of which 1,619 are still under investigation. There are now 738 individuals hospitalized...


Plus convinces Mexico to join deal to cut oil production

On Sunday, the nations of OPEC-Plus announced they've convinced Mexico to join the agreement to reduce oil output by nearly 10 million barrels per day. The Unit...


Smithfield Temporarily Shuts Pork Plant Due to Coronavirus

Commenting on the indefinite suspension in a statement included in Smithfield's announcement, Sullivan said closing the plant posed a threat to the meat produ...


How to participate in virtual Easter egg hunts

If you may have children at house, this can be tough to give an explanation for. There are nonetheless some inventive issues you'll do to have fun the vacation ...


First coronavirus relief checks deposited to Americans: IRS

Married couples filing jointly who earn up to $150,000 can receive a joint payment of $2,400, with additional payments of up to $500 available to those who live...


IU Health seeks COVID-19 survivors to donate plasma for potential cure

The proteins that are removed are typically elevated during infections and can be associated with a "cytokine storm" that occurs in some COVID-19 patients, lead...


House of Commons resumes sitting to pass wage subsidy bill

Provincially, employment fell in all provinces, with Ontario (down 403,000 or -5.3%), Quebec (down 264,000 or -6.0%), British Columbia (down132,000 or -5.2%) an...


Tesla resurrects long-range RWD Model 3 for the Chinese market

The longer-range Model 3 and the marginal price rise over the entry-level model could make the already popular vehicle even more lucrative. Announcing the pro...


Cheshire FA to Access Government Job Retention Scheme

Furloughed workers: what does that mean? The Department for Business, Energy and Industrial Strategy said: "To qualify for this scheme, you should not undert...


Direct deposits of $1,200 stimulus checks will start arriving Wednesday

The portal is separate from the soon-to-be-launched " Get My Payment " portal that the IRS is creating for people who filed their taxes but did not get a tax ...


Here’s what Bernie Sanders told Stephen Colbert about potentially endorsing Joe Biden

We all know Cardi B doesn't bite her tongue for anyone and always says what is on her mind politically at that particular moment. President Donald Trump ...


XFL suspends all operations, lays off employees

But the strong implication was clear. The XFL has eight franchises and played five games out of a planned 10-game schedule. "It's done", the staffer said. "Ga...


United States economy purged 17 million jobs amid pandemic

The Fed's liquidity bazooka aims to bolster the effectiveness of the Small Business Administration's Paycheck Protection Program, which provides loans to small ...


Fed will lend up to $2.3 trillion amid coronavirus crisis

Policymakers cut the interbank lending rate by 50-basis points after the first meeting and by 100-basis points after the second. "The No. 1 question here ...


Oil prices down after OPEC production cut deal

A nearly global economic lockdown to stem the dissemination of the coronavirus pandemic has damaged fuel demand , taming purchasing by almost 30%, and smashing...


Sanders Ends Campaign, Biden Likely to Face Trump

Biden has strong name recognition and touts his experience for having served as Barack Obama's vice president for eight years from 2009. "I can not in good cons...


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