Precious metals are apparently waking up. And here is where you can find the best deals.
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As the economic impact of radical steps to curb the coronavirus worsens, the challenge will be to keep the banking sector part of the solution rather than part of the problem.
"Economic growth and oil demand will weaken further before they recover, which can only happen once social distancing measures are lifted," said Amrita Sen, chief oil analyst at Energy Aspects.
An orgy of borrowing, speculation and euphoria has left the markets on the verge of catastrophe...
The dollar eased on Friday after a rally that put it on track for its biggest weekly rise since the 2008 financial crisis, as a global scramble for dollar funding sent other currencies reeling.
It's slated to start at 11:45, but we imagine it will kick off at least a few minutes behind.
Gov. Andrew Cuomo is holding a press conference Friday to update the public on the COVID-19 outbreak in New York state.
Last Thursday, we embarked on a journey through the Southeast for business purposes and to check up on our kids who live in Kentucky. In case you were wondering, it is as crazy out there as you might imagine if you're sequestered in your home following events through the news or social media.Don't worry; we practiced social distancing...mostly. And there was a lot of hand-washing.
Thus far, the central bank has limited its efforts to Treasurys and mortgage-backed securities in an effort to keep liquidty flowing through the system and to stabilize credit markets.
Mar 20, 2020 - 07:58:11 PDT
Federal Reserve quantitative easing has quickly ramped up to a record pace to steady the plunging Dow Jones Industrial Average and surging long-term Treasury yields. By week's end, asset purchases meant to stem the coronavirus stock market crash will exceed the pace seen during the financial crisis.
Analyst Anticipates 'Worst Crisis Since 1929' Fears of a Global RecessionMar 20, 2020 - 07:36:53 PDT
Financial markets are facing their worst crisis since 1929, a veteran analyst has told CNBC, as top economists downgrade their forecasts to point to an impending global recession.
The extension ordered by President Donald Trump gives taxpayers more time to file returns and make payments without penalties or interest, as coronavirus economic fallout continues.
NY Fed Says It Will Buy in $32 Billion in Mortgage Backed Securities FridayMar 20, 2020 - 07:28:05 PDT
The Federal Reserve Bank of New York said it will purchase in $32 billion in mortgage-backed securities on Friday.
Fed to Increase Frequency Dollar Transactions with Global Central Banks: WSJMar 20, 2020 - 07:24:25 PDT
The Fed said it would ramp up a program with five other foreign central banks to increase the frequency of operations that are designed to make U.S. dollars available overseas at near-zero interest rates.
U.S. Recession Chances Now 80% Despite Fed Emergency Moves: Reuters PollMar 20, 2020 - 07:15:21 PDT
The coronavirus crisis has almost certainly ended the longest U.S. expansion on record and pushed the economy into the start of a short slump, according to analysts polled by Reuters who gave a median 80% chance of recession this year.
A Senate bill to be introduced Friday would allow the Federal Reserve to purchase municipal debt, in an effort to ease the economic strain of the coronavirus pandemic on state and local governments.
"High school educated workers are twice as likely to have lost their jobs as college graduates."
The drug touted by the U.S. President Donald Trump as a possible line of treatment against the coronavirus comes with severe warnings in China and can kill in dosages as little as two grams.
Amazon AWS Launches $20 Million Initiative to Help Fight the CoronavirusMar 20, 2020 - 06:40:17 PDT
The company hopes to accelerate diagnostic solutions for coronavirus COVID-19 and other infectious diseases.
CNBC's "Squawk Box" team is joined by former FDA commissioner Dr. Scott Gottlieb to discuss how the U.S. is preparing for more coronavirus patients and what is needed from the health care system.
It's been another week of selloffs in the markets. It's not just stocks. Everything is selling off. The only thing really gaining right now is the US dollar. Meanwhile, the government is promising bailouts for all. In this episode of the Friday Gold Wrap, host Mike Maharrey looks ahead at the possible ramifications of all this "stimulus" money. He also puts the recent drop in the price of gold into some historical perspective.