Bond investor Jeffrey Gundlach bets stocks March lows to be surpassed in April
Bond investor and DoubleLine Capital Chief Executive Jeffrey Gundlach said on Tuesday he believes the coronavirus sell-off is not over yet and that the lows...
Trump tells Americans: “Use a scarf”
U.S. President Donald Trump on Tuesday hailed his task force’s mitigation measures to ‘slow the spread’ coronavirus, but stopped short of calling on Americans to...
Stocks under pressure after biggest quarterly drop since 2008
Asian shares faced another leg lower on Wednesday as the coronavirus sharply slows global growth, leading a gauge of world stocks to post its biggest...
Durant headlines players in NBA 2K video game tourney
Brooklyn Nets forward Kevin Durant will headline the list of 16 National Basketball Association players who will compete in a NBA 2K video game tournament...
Exclusive: U.S. plans to lease space to energy companies to store oil in emergency reserve
The U.S. Department of Energy plans to announce as soon as Wednesday it will allow oil companies to lease space in the Strategic Petroleum Reserve...
Mexico president ramps up rich vs poor rhetoric in coronavirus fight
As the outlook for Mexico’s economy gets gloomier during the coronavirus crisis, President Andres Manuel Lopez Obrador has driven home the message that his government...
Australian authorities take cluster approach to contain coronavirus
Australian authorities will open a pop-up coronavirus testing clinic next to Sydney’s Bondi Beach on Wednesday as health workers try to contain clusters of infections...
U.S. pension funds may pour $400 billion into stocks, lifting virus-hit markets: JP Morgan
U.S. pension funds that delayed rebalancing their portfolios are likely to pump about $400 billion into stocks over the next two quarters, analysts at JP...