Thursday, April 30, 2020
Evening
- Dow futures fall more than 100 points after Wall Street wraps up best month in three decades
- Fed's balance sheet at $6.7 trillion, but growth pace down sharply
- Trump harshly blames China for pandemic; a lab ‘mistake’?
- Apple reports flat revenue and does not offer guidance because of coronavirus uncertainty
- ‘If you’re a shareowner in Amazon, you may want to take a seat’ — Amazon reports earnings, plans to spend all Q2 profits on coronavirus response
- Coronavirus live updates: Global cases top 3.2 million, farmers forced to dump excess fruit and flowers
- Wells Fargo to stop granting home equity lines amid uncertainty: sources
- New York City’s subway system may turn to the Federal Reserve for a loan, meets bond investors Friday
- Trump says China either could not stop virus spread or let it spread
- Exclusive: Wells Fargo shifts energy bankers to focus on bankruptcies
Afternoon
- Wall St. caps best month in decades with broad sell-off
- Pelosi: state, local governments could need $1 trillion for coronavirus costs
- Fed expands 'Main Street' program to firms with up to 15,000 workers
- Coronavirus live updates: NYC pauses 24-hour subway service, funeral home blasted for storing corpses in vans
- Florida has overtaken California as the US jobless claims capital
- Mexico's Pemex posts massive $23.6 billion first quarter loss
- US mortgage rates at all-time lows; 30-year loan at 3.23%
- Germany wary of lifting lockdown, despite economic pain
- State Unemployment Funds Going Broke From Record Flood of Claims
- Junk-Bond ETFs Add Most Since 2015 on Fed’s Fallen-Angel Pledge
- Lockdown Isn’t Flattening India Virus Curve as in Italy or Spain
- Coronavirus Pushes Colleges to the Breaking Point, Forcing ‘Hard Choices’ about Education
- Record Contraction in Eurozone Bodes Ill for Global Economy
- Federal Reserve extends $600bn main street lending programme
General
- Wall Street slides after jobless claims data
- Oil prices rise on some signs of pick up in fuel demand
- US weekly jobless claims hit 3.84 million, topping 30 million over the last 6 weeks
- 30 million have sought US unemployment aid since virus hit
- U.S. Personal Spending Plummeted by a Record 7.5% in March
- Special Report: Trump told Saudis: Cut oil supply or lose U.S. military support - sources
- Coronavirus live updates: California to close beaches after weekend crowds, quarterly results reveal pressure
- European economy in record drop, central bank steps up aid
- China's April factory activity unexpectedly dips as export orders collapse - Caixin PMI
- Slowing global demand due to coronavirus hits China’s manufacturing sector in April, two sets of data show
- China's service sector activity expands at a faster pace in April - official PMI
- Biggest Banks Set Aside $66 Billion to Handle Bad Loans
- Energy demand set to fall the most on record this year amid coronavirus pandemic, IEA says
- Freddie Mac Earnings Plunge 88% on Expected Coronavirus Losses
- Exclusive: Trump says China wants him to lose his bid for re-election
- China says it 'expelled' U.S. Navy vessel from South China Sea
- Italy Fell Into Deep Contraction Even Before Full Lockdown Hit
- Gold Soars in April as Top Central Banks Fight Pandemic’s Damage
- Mountain of Bad Loans Leaves Indonesian Banks Craving Stimulus
- Is This a Liquidity Crisis or a Solvency Crisis? It Matters to Fed
- Trump’s Trade Deal With China Is Another Coronavirus Victim
- Grim Jay Powell sets Federal Reserve up for the long haul
- ECB launches fresh push to lend to banks at ultra-low rates
- China faces wave of calls for debt relief on ‘Belt and Road’ projects
- Turkey digs in for currency battle