Earlier this morning, Morgan Stanley (MS) released their Q1 2020 earnings. They were the last of the big six American banks to do so. Now that those reports are all in, there are some common themes and some conclusions that can be drawn with implications
COVID Loan Tracker was started by small business owners Duncan and Rita MacDonald-Korth to help their fellow small business owners understand when PPP and EIDL advance money starts flowing. The site works by crowdsourcing knowledge on applications and loan disbursements. Our goal is to help
In the latest trading session, ServiceNow (NOW) closed at $291.94, marking a -1.34% move from the previous day. This change lagged the S&P 500’s 0.58% gain on the day. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq gained 1.66%. Heading into
Gig workers, freelancers and self-employed workers who lost their income due to the coronavirus may now qualify for unemployment insurance, thanks to expanded benefits included in the $2 trillion coronavirus relief package. But that lifeline, to date, has largely been a tangled mess. The majority
Two private groups are considering making approaches for Australia’s second-biggest airline Virgin Australia Holdings Ltd VAH.AX, The Australian Financial Review reported citing sources. A private equity investor has partnered with a “a strategic airline investor” to make an offer for the cash-strapped airline and the second
Nigeria’s finance minister said a debt relief agreement reached this week to help the world’s poorest countries deal with the coronavirus pandemic was a welcome first step but that middle-income countries with debt challenges also needed urgent help. In remarks to be delivered at Friday’s meeting of the World
Formula One could start the season behind locked gates and without spectators due to the COVID-19 pandemic but the glamour sport will likely have to slim down considerably to get the green light to go racing. Across Europe, bans on mass gatherings and public events
India’s finance minister said on Thursday the country could not support a general allocation of new Special Drawing Rights by the International Monetary Fund because it might not be effective in easing coronavirus-driven financial pressures. Finance Minister Nirmala Sitharaman said in a statement to the IMF’s steering