Cramer: 'We can not have the fat cats make money at the expense of the workers'
CNBC's Jim Cramer said Thursday that whatever happens on the other side of the coronavirus crisis CEOs should not benefit more than their employees.
CNBC's Jim Cramer said Thursday that whatever happens on the other side of the coronavirus crisis CEOs should not benefit more than their employees.
Ray Dalio, founder of hedge fund Bridgewater Associates LP, said on Thursday corporations in the United States will lose as much as $4 trillion due to the economic damage from coronavirus outbreak.
A summit of Southeast Asian and other international leaders scheduled in Vietnam early next month has been postponed until end-June due to worries about coronavirus, Vietnam's Ministry of Foreign Affairs said on Thursday.
Oil prices rose nearly 3% on Thursday after a three-day selloff sparked by the spread of the coronavirus and a market share battle between Saudi Arabia and Russia drove them to their lowest in almost two decades.
The prime minister in the Netherlands has offered reassurances amid the global coronavirus outbreak: telling citizens on Thursday there is no shortage of toilet paper.
The number of Americans filing for unemployment benefits surged to a 2-1/2-year high last week, suggesting a pickup in layoffs as the coronavirus pandemic fractures economic activity.
The number of coronavirus cases in Switzerland and Liechtenstein has risen to 3,888, Swiss health authorities said on Thursday, with 33 people reported to have died from the disease.
Medium | Victoria Bennett | March 18, 2020 This week has seen considerable changes in the world, from markets falling, oil prices falling, schools closed, borders closed. We’re moving into a new world order, and this isn’t for a week or two. How can your business stay healthy and grow? Your company needs to prepare
Some banks in Britain are struggling to provide financial support to homeowners and businesses battered by the coronavirus pandemic, with demand surging after the government announced a series of aid measures including an emergency lending scheme.
The Federal Reserve is "aggressively" tackling problems with market functioning and liquidity as it sees them arise, with programs like the Term Auction Facility for banks not deemed necessary yet but still "on the table," Richmond Federal Reserve president Thomas Barkin said in an interview.
The U.S. Federal Reserve opened the taps on Thursday for central banks in nine additional countries to access dollars in hopes of preventing the coronavirus epidemic from causing a global economic rout.
The U.S. Federal Reserve on Thursday opened the taps for central banks in nine new countries to access dollars in hopes of preventing the coronavirus epidemic from causing a global economic rout.
As the coronavirus pandemic threatens to bring U.S. economic activity to a halt, American businesses are jockeying for a financial lifeline from President Donald Trump's administration and Congress.
The world's wealthiest nations poured unprecedented aid into the traumatized global economy on Thursday as coronavirus cases ballooned in the current epicentre Europe even as they waned at the pandemic's point of origin, China.
Prince Albert of Monaco has tested positive for coronavirus but his health "is not a cause for concern", his office said on Thursday.