The Desk will offer $500 billion in a three-month repo operation on March 13, 2020, and another $500 billion in a one-month repo operation for same day settlement.
Raters are eyeing possible downgrades to junk for about $100 billion of bonds from the weakest investment-grade rated firms -- well short of the $270 billion of high-grade securities that already trade at speculative-grade levels...
European markets plunged Thursday as investors reacted to President Donald Trump's decision to impose travel restrictions.
Coronavirus fears will depress home sales this spring with some jittery buyers and sellers changing their plans as the traditional home-buying season gets underway.
A top U.S. health official said the country is "not really geared" to conduct the amount of testing for the coronavirus that will be required as the virus continues to spread across the nation.
Investors are beginning to get very worried.
The U.S. Treasury is working with the International Monetary Fund and the World Bank to gain full transparency of countries’ debts from China’s Belt and Road infrastructure initiative and ensure that funds from the institutions are not used to repay China...
The Federal Reserve's accelerated moves to help the short-term funding that banks use to operate saw strong demand in their initial outing Thursday.
As we have often stated, “risk happens fast.”
Money market funds in particular are rushing to lock in rates before they reach 0%, prompting strategists at JPMorgan Chase & Co. to say demand could outstrip supply by over $1 trillion next quarter.
It’s hasn’t been fun watching the silver price be so weak and stagnant.But underneath all the turmoil there’s an important message coming from the investment markets right now.That message will become clear as you glance through the charts below. And just as important, the message comes with a time limit. That’s not me saying that, but history.Here’s what I want to show you about silver right now…Silver vs. StocksWith the breathtaking decline in global stock markets, a mainstream investor might think they represent a better value than silver.
The Fed is trying to get ahead of possible funding disruptions caused by the coronavirus, ramping up cash injections in the coming weeks to as much as $505 billion in a bid to keep short-term financing markets functioning smoothly through quarter-end.
Hundreds of high-risk companies in Europe need to repay or refinance nearly $100 billion in the coming months, a prospect that becomes more daunting by the day amid the relentless collapse in credit markets.
Cramer's Thursday comments were reminiscent of his infamous "They know nothing!" rant in 2007. "This is a DIFFERENT TIME."
Lawmakers on both sides of the aisle are scrambling to take action to combat the spread of the deadly coronavirus, which the World Health Organization on Wednesday declared a pandemic.
The move is likely to be followed widely be other large New York-area employers: JPMorgan said it was following the request of Gov. Andrew Cuomo.
The report came on the heels of data on Wednesday showing a surprise rise in consumer prices in February and steady increase in underlying inflation.
European Central Bank President Christine Lagarde speaks to the media Thursday morning ET following the bank’s decision to hold interest rates steady but institute several stimulus measures.
Italy has tightened its nationwide lockdown further in response to the rising death toll from coronavirus.
SThe announcement impacts the cruise line’s fleet of 18 ships, the company said, and will affect voyages from March 12 to May 10.