Financial News Reader - Coinhills

Arizent, the parent company of American Banker, has conducted a broad industry survey on both the impact of the crisis and emerging responses. The survey probed continuity efforts and remote workforce enablement as well as planning and investments being pursued against future potential disruptions.

‘School corridors lie empty. Paintings in art classes are left unfinished.’

‘As a society, we are social distancing, but strangely we are also more connected, and it’s all because of this harrowing public-health crisis.’

The committee is seeking guidance on the effects of the coronavirus on Australia's finance sector and what support is necessary in the wake of the pandemic.

U.S stocks are showing signs of life amid the recent $2 trillion stimulus package. Yet it may be a while before confidence is restored.

The Justice Department is investigating the actions of US lawmakers who dumped stocks before the market plunged amid coronavirus fears, CNN reported. According to the report, the investigation is still in its early stages and the DOJ is working with the Securities and Exchange Commission on the matter. As part of the probe, the FBI has reportedly reached out to North Carolina Sen.

The company also reported that its income tax expense more than doubled for the 2019 financial year.

PBS NewsHour reporter Yamiche Alcindor confronted President Donald Trump with his own statements during the daily coronavirus taskforce briefing on Sunday as US coronavirus cases rose to nearly 140,000. In response, Trump snapped at Alcindor to "be nice" and not "be threatening." The president continued berating Alcindor as she pressed on and tried to redirect his attention to her

Homeowners reeling from coronavirus-induced economic shock are already enduring extremely long wait times while trying to get relief. Legislation passed last week could worsen the logjams.

The mobile quiz app HQ Trivia is coming back Sunday night thanks to an anonymous investor who provided the funding it needed to resume operations, according to a person familiar with the matter.

At a news conference on Sunday, President Donald Trump said he doesn't "like" Washington state's Gov. Jay Inslee, who is a "failed presidential candidate" and a "nasty person." The US's coronavirus outbreak has badly impacted Washington, infecting more than 4,400 people and killing 195, but Trump said he doesn't reach out to Inslee. Instead, he said, "I get Mike Pence to call. I ge

The U.S. stock market has recovered by 16.3%. But, sovereign wealth funds are readying to sell stocks in the near-term, posing a new risk. That recovery could quickly be erased. The post Strain on Sovereign Wealth Funds Could Spark Another Stock Market Plunge appeared first on CCN.com

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