An aerial view of a crude oil storage facility is seen on May 5, 2020 in Cushing, Oklahoma. JOHANNES EISELE | AFP via Getty Images Two leading oil price reporting agencies separately released new US crude benchmarks on Friday as part of an effort to rival the West Texas futures …
Read More »Biden says he would need masks; Russia Reports New Lower Daily Cases Since April
The White House coronavirus task force is slated to hold its first news briefing in nearly two months on Friday as new coronavirus cases continue to emerge in much of the country. Vice President Mike Pence will lead the briefing, according to the Department of Health and Human Services, but …
Read More »Flat futures, losing week, declining bank stocks, Nike crash
Traders wear masks while working on the floor of the New York Stock Exchange as the outbreak of coronavirus disease (COVID-19) continues New York, May 27, 2020. Lucas Jackson | Reuters This is a live blog. Check back for updates. 8:06 am: Bank shares fall when the Fed imposes restrictions …
Read More »Coronavirus Mortgage Rescues Suddenly Increase As Homeowners Struggle
A woman passes by the United States Capitol building in Washington on June 25, 2020. Al Drego | Reuters After declining for three weeks, the number of borrowers who deferred their monthly mortgage payments due to the coronavirus increased once again. The number of active tolerance plans increased by 79,000 …
Read More »Lagarde of the ECB says that we have probably passed the lowest point of crisis
Christine Lagarde, President of the European Central Bank, believes that the world may have been through the worst of the coronavirus crisis, but said it is unlikely to return to the status quo. Speaking during the Northern Light Summit online on Friday, he said: “We have probably passed the low …
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