Middle East and African airlines are in crisis with hundreds of thousands of jobs at risk from the coronavirus outbreak, the International Air Transport Association (IATA) said on Thursday, calling for state intervention.
During the coronavirus market turmoil, the S&P 500 has cratered 25%, while Walmart's stock is in the green, gaining 2%.
CSA | Release | March 19, 2020 Calgary – The Canadian Securities Administrators (CSA) is warning investors about companies claiming to have products or services that will prevent, detect or cure coronavirus (COVID-19) infection. Fraudsters take advantage of global events and breaking news to lure potential investors with the expectations of significant returns. A common
WilmerHale W.I.R.E. UK | David Rundle and Anna Gaudoin | March 11, 2020 On 6 February 2020, Mark Steward, Executive Director of Enforcement and Market Oversight at the Financial Conduct Authority (“FCA”), spoke at the 19th Annual Institute on Securities Regulation in Europe.1 His speech, summarising the state of market integrity, sets out the FCA’s
The Treasury Department may have given you more time to pay your 2019 taxes, but the April 15 deadline still holds for IRA contributions. What you should know.
A plan unveiled on Thursday by Senate Democrats to forgive $10,000 in student debt amid the coronavirus goes much further than the Trump administration's temporary interest waiver.
Crowdfund Insider | JD Alois | March 18, 2020 Towards the end of 2019, the Securities and Exchange Commission (SEC) proposed an update to the definition of an accredited investor. The rule change is part of a broader “concept release” that the SEC has issued to review the exempt offering ecosystem and how this can
A recent surge in demand for safe-haven investments sent the yield on the benchmark 10-year Treasury note to an all-time low. Student loan borrowers will benefit in the year ahead.
A plan unveiled on Thursday by Senate Democrats to forgive $10,000 in student debt amid the coronavirus goes much further than the Trump administration's temporary interest waiver.
President Donald Trump on Thursday opened the door to a radical shift in the U.S. government's relationship to private industry as the coronavirus outbreak upends the nation's economy, saying he would back the government taking stakes in certain companies.
The minister leading the Dutch government's fight against the coronavirus resigned on Thursday, a day after collapsing from exhaustion during a parliamentary debate on the epidemic.
U.S. oil prices rose 20% on Thursday, recouping some losses from a sell-off that drove prices to near 20-year lows, but analysts saw the rebound as a brief reprieve, anticipating more weakness as the coronavirus outbreak takes its toll on global demand.
U.S. President Donald Trump on Thursday said he would get involved in the oil price war between Saudi Arabia and Russia at the appropriate time, saying low gasoline prices were good for U.S. consumers even as they were hurting the industry.
The U.S. Centers for Disease Control and Prevention (CDC) on Thursday reported 10,491 cases of coronavirus, an increase of 3,404 from its previous count, and said the death toll had risen by 53 to 150, the biggest one-day jump so far.
Wall Street tried to bounce back on Thursday from dramatic losses in the previous session, as policymakers around the world pulled out all the stops to try and stave off a deep and lasting coronavirus-driven recession.