Americans are spending their coronavirus stimulus checks on food, gas and paying back friends
New data shows the government's stimulus checks are providing much-needed relief to Americans struggling with day-to-day living costs.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
These tips will put on a shine on your work-from-home experience
Working from home can be a pain or a pleasure. These WFH tips from experienced entrepreneurs can give you a new lease on work.
Uber targets older Americans with phone-based food ordering during coronavirus crisis
Uber Technologies Inc on Wednesday said customers in New York City and the Miami area could now order restaurant meal deliveries over the phone, instead of...
Goldman Sachs profit halves on higher loan loss provisions, investment hit
Goldman Sachs Group Inc reported a 49% drop in quarterly profit on Wednesday, as it set aside significantly higher provisions related to corporate loans due to...
Toshiba to temporarily close factories, offices in Japan
Toshiba Corp on Wednesday said it will temporarily close factories and offices in Japan from May 6 to May 15, allowing as many as 76,000 to...
An Indiana firefighter was waiting for his stimulus check, but found $8.2 million in his account instead
Charles Calvin was waiting for his $1,700 government stimulus check. What he saw on his bank balance made him do a double take.
Oil slide dents futures as bank earnings get underway
U.S. stock index futures retreated on Wednesday as another batch of dismal first-quarter earnings reports and a slide in oil prices lent credence to forecasts for...
For investors banking on dividends, the 'pain has just begun'
As companies deal with declining cash flow amid the coronavirus pandemic, they are likely to cut or even suspend dividends.
Proxy group ISS backs Credit Suisse AGM proposals
Proxy advisory ISS has backed Credit Suisse's proposals for its annual general meeting on April 30, recommending shareholders vote in favour of the group's pay proposals...
Toyota to cut production in Japan in May as coronavirus squeezes demand
Toyota Motor Corp on Wednesday said it will cut production of finished vehicles by 40 percent in Japan in May as demand shrinks around the world...
Citigroup profit nearly halves as loan defaults loom
Citigroup Inc reported a 46% plunge in quarterly profit on Wednesday as the bank set aside nearly $5 billion to prepare for an expected flood of...
UnitedHealth rises on 'minimal' COVID-19 impact on results, reiterated outlook
UnitedHealth Group Inc on Wednesday reported a better-than-expected quarterly profit due to strength in the pharmacy benefit business and maintained its forecast for the year, sending...
Global shares dip as dire warnings for global economy weigh
Global share markets dipped into the red on Wednesday as warnings of the worst global recession since the 1930s underlined the economic damage done during the...
Oil falls 5% to $28 on oversupply concerns
Oil fell 5% to around $28 a barrel on Wednesday, pressured by reports suggesting persistent oversupply and collapsing demand due to global coronavirus-related lockdowns.
Global creditors agree on debt relief for poor countries hit by pandemic
Major international creditors will relieve the world's poorest countries of debt payments this year to help them deal with the coronavirus pandemic that has sparked the...