Half of Companies in a Recent Survey Are Hiring
While the restrictions on gatherings and movements have cost millions of Americans their jobs, there are some companies that are looking for employees now, according to Challenger, Gray & Christmas.
All Work
Paul Ausick
Why Tilray Stock Is Soaring Again After a Terrible Year
Something is moving Tilray stock far higher than other pot stocks. What can account for a 67% one-day jump in the cannabis company's share price?
US Consumer Sentiment Plunged in March on COVID-19 Fears
Consumer sentiment in March declined by nearly 12% compared with February, the fourth-largest drop in nearly 50 years in the index maintained by the University of Michigan.
Why It Takes So Long to Get a ‘Nonessential’ Item From Amazon
In its efforts to meet demand for what are deemed essential goods to fight the spread of COVID-19, Amazon has hobbled sales for some of its Marketplace resellers.
Saudis, Russians Won’t End Oil Price War Despite US Plea
The teleconference meeting of the G20 ended Thursday without even a word about the collapse of the crude oil market. Now the market itself may have to do the heavy lifting and both the…
Disney Stock Price Now at the Mercy of Streaming
Disney has had to close its theme parks, suspend cruises and theatrical shows, and delay the release of several films. But the stage is set for boom times for the new Disney streaming service.
Oil Companies Left Out of Relief Package, Crude Prices Dive
The oil and gas industry got nothing in the $2.2 trillion relief package approved late Wednesday by the Senate. Here's what that could mean.
Consumer Confidence Still Falling, but Not as Fast
Consumer confidence fell again overnight, but the steepness of the drop has tapered off.
Why the Economic Slowdown Will Stop JC Penney’s Stock Recovery
Just like the coronavirus has a more devastating impact on the weak, the effect of the pandemic on weak businesses will be equally devastating. How can J.C. Penney survive?
Ford Debt Now Officially Junk
Now that S&P has joined Moody's in dropping Ford's credit rating to below investment grade, the company's debt can officially be called junk.
Where Investors Think the $2 Trillion Stimulus Will Be Spent
Congressional negotiators have struck a deal with the Trump administration on a $2 trillion stimulus package to offset some of the impacts of the coronavirus pandemic. Investors are finding winners and losers among America's…
Short Interest on Solar Stocks Mixed, Jumps on Alt Energy Shares
Short interest moves in solar stocks were mixed and muted in the two-week reporting period that ended March 13. Alt energy stocks were a very different story, however.
How Researchers Are Using Massive Computing Power to Stop COVID-19
A consortium of federal agencies, research universities, and private industry is offering researchers looking at stopping the coronavirus pandemic access to the most powerful supercomputers in the world.
Utility Stocks Making Comeback on Hopes for Stimulus Plan
Hopes for a political agreement on how to stimulate the U.S. economy has provided a boost to downtrodden utility stocks.
Rising Mortgage Rates, Coronavirus Fears Sinking Fannie Mae Stock
Fannie Mae is now faced with a double whammy of rising interest rates and an almost-certain collapse of homebuyers. What are the prospects for a public offering of Fannie Mae stock in 2021?
Consumer Confidence Still Sliding as Washington Negotiates
Consumer sentiment dropped again in Morning Consult's daily reading published Tuesday morning. Negotiations between the U.S. House and Senate could lead to agreement on a massive stimulus program by the end of the day.
GM Pumps Up Balance Sheet With $16 Billion Promise
GM announced Tuesday that it has drawn $16 from its credit facilities to boost its cash position. Investors are interpreting that as a backstop for dividends.
How the Fed May Have Saved the Casino Industry
Banks that supplied cash for two major casino deals have now found a buyer for their loans. The Federal Reserve has stepped up Monday.
Global Production Shutdowns No Help for Ford Stock
Ford has announced the closure of assembly plants in North America, Asia and elsewhere due to the coronavirus pandemic. The questions is, even when production resumes, will there be buyers?
Consumer Confidence Tumbles Again After US Senate Fails to Reach a Deal
The most recent data from research firm Morning Consult show that U.S. consumer confidence fell by more than 5% over the weekend.