The Virgin Galactic spacecraft, Unity, lands during a glide test flight on May 1, 2020. galactic virgin Virgin Galactic successfully completed its second glide flight test in New Mexico on Thursday, a milestone that should prepare the company to begin space flight next. The company said that after completing “an …
Read More »What to Expect From Bank Stress Tests
Jerome Powell, President of the US Federal Reserve. USA, speaks during a Senate Banking Committee hearing in Washington, DC, USA. USA, Wednesday February 12, 2020. Andrew Harrer | Bloomberg | fake pictures (This story is for CNBC Pro subscribers only). The US financial system. USA It has already been hit …
Read More »Bank stocks pull back higher as regulators ease Volcker rule, JPMorgan Chase rises 2%
US banking regulators USA They are about to ease the restrictions created after the financial crisis, a fact that triggered a surge in bank stocks on Thursday. Officials with the Federal Deposit Insurance Commission said in a call that they are loosening the restrictions of the so-called Volcker Rule, allowing …
Read More »State coronavirus travel restrictions ‘not helpful’
Airbus SE A321 aircraft with a livery for Delta Air Lines Inc., left and Spirit Airlines Inc. are seen at the Airbus final assembly line facility in Mobile, Alabama. Luke Sharrett | Bloomberg | fake pictures A mosaic of government travel restrictions “is not useful” to revitalize the demand for …
Read More »market disconnection runs the risk of a correction
The International Monetary Fund warned that the continued disconnect between financial markets and the real economy could lead to a correction in asset prices. Stock markets have rebounded in recent months despite troubling real-world events. The world is grappling with the coronavirus health emergency that has claimed the lives of …
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