The U.S. Department of Energy said on Thursday it will buy up to 30 million barrels of crude oil for the Strategic Petroleum Reserve by the end of June as a first step in fulfilling President Donald Trump's directive to fill the emergency stockpile to help domestic crude producers.
Several employees at Goldman Sachs Group Inc's New York headquarters are believed to have contracted the novel coronavirus, according to two sources, making it the latest Wall Street bank whose staff have been affected by the pandemic.
Colombia will block entry to everyone traveling from abroad from midnight on Monday in an effort to control the spread of coronavirus, President Ivan Duque said on Thursday.
Germany expects a record 2.15 million people to this year make use of a scheme that allows employees to work shorter hours but keep their jobs, as the impact of the coronavirus causes havoc in the labor market, a ministry document seen by Reuters showed on Thursday.
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.