Russia Welcomes Libya Deal on Oil Exports, Revenue Distribution
Russia said it welcomed a contested deal that would allow Libya to resume oil exports halted by a blockade at the start of the year, with revenue distributed across the … Read More
Category: Markets
Bank trading floors could be poised for a makeover in the wake of Covid-19
Trading floors in banks have traditionally been densely populated, cavernous spaces with rows and rows of desks. As banks begin to think about bringing employees back to work, trading floors … Read More
Top Analyst Upgrades and Downgrades: AES, Ambarella, Beyond Meat, Bloom Energy, Facebook, Home Depot, SunPower, Tesla, Valero and More
Stocks were looking for direction on this Quadruple Witching Friday. For many investors who missed out on the recovery from late in March through September, now is the time to … Read More
BlackRock may never bring 100% of staff to office after coronavirus
Some bank jobs may work from home indefinitely: Report FOX Business’ Charlie Gasparino says banks are telling personnel that nonessential New York City staff could be working from home well … Read More
Snowflake buyers beware. IPOs that doubled have poor track record after that debut
So you think Snowflake up over 100% on its first day is a big deal? Nah, there's been plenty of companies that have had first day pops bigger than that … Read More
McDonald's Travis Scott partnership popularity is leading to ingredient shortages across the country
Coronavirus lockdown measures lead to a drop in sales for McDonald’s Fox Business Briefs: McDonald’s global sales were down nearly 24-percent in the spring quarter in the U.S., the decline … Read More
Stocks drift ahead of the Fed
Fed should do ‘nothing’: Mohamed El-Erian Allianz chief economic adviser Mohamed El-Erian discusses his outlook for the Fed and the economic recovery and a European banking mega deal. U.S. equity … Read More
Delta to Borrow $9 Billion in Largest Airline Debt Deal Ever
Delta Air Lines Inc. is raising $9 billion in the largest debt deal ever in the aviation industry, as the carrier garners massive investor support to make its way through … Read More
In last meeting before election, the Fed could placate markets with promise of low rates for years
The Fed wraps up its two day meeting Wednesday, and is not expected to do much beyond assuring markets it will not raise interest rates for years. The Fed's meeting … Read More
Coronavirus knocks banks off M&A radar: Bank CEO
Some bank jobs may work from home indefinitely: Report FOX Business’ Charlie Gasparino says banks are telling personnel that nonessential New York City staff could be working from home well … Read More
IEA cuts 2020 oil demand forecast, sees 'treacherous' path ahead with rising coronavirus cases
In a closely-watched monthly report, the IEA trimmed its outlook for worldwide oil demand growth to 91.7 million barrels per day. That marks a contraction of 8.4 million bpd year-on-year, … Read More
A Wall Street expert breaks down why 3 smaller retailers are poised for gains amid a down economy — and says they're the best stock-market alternatives to behemoths like Costco and Target
Many small caps have struggled amid the economic shutdown. Royce Investment Partners' Jay Kaplan identified three small-cap retail stocks that he says are best-positioned for an ongoing poor economic environment. … Read More