Friday, May 8, 2020
Afternoon
- Wall Street jumps as historic job losses better than feared
- Federal Debt Tops $25 Trillion for First Time; Jumped $1 Trillion in Just 28 Days
- Pandemic inflicts historic U.S. job losses, as states struggle to reopen
- Coronavirus live updates: Restaurants face rocky path to recovery, 4.1 million homeowners skip mortgage payments
- Exclusive: Brazil asks mint to work overtime as currency shortage looms
- Germany to reimpose lockdown, Italy death toll tops 30 000
- Trump Casts Doubt on Future of China Trade Deal After Phone Call
- California’s Budget Gaps Could Total $126 Billion in Worst Case
- Drilling Sinks to Record U.S. Low With Oil Sector in Retreat
- Spain’s Banks Use Covid Loans to Move Risk Off Their Books
- Formal Talks Paused on Next Stimulus Package, Trump Economic Adviser Larry Kudlow Says
- US and China: edging towards a new type of cold war?
- Colony Capital reveals $3.2bn default on portfolio company loans
General
- Stocks boosted to weekly highs as risk appetite improves
- Oil heads for another weekly gain on demand hopes and shut-ins
- A record 20.5 million jobs were lost in April as unemployment rate jumps to 14.7%
- Coronavirus live updates: WHO calls for research into Wuhan market, Indonesia eases travel restrictions
- Top U.S., China trade officials agree to strengthen cooperation
- Top EU court says it alone decides if EU bodies are breaking bloc's rules
- Global Debt Funds Shun Italy on Fears That Euro-Area Is Cracking
- Mortgage Lenders Tighten Screws on U.S. Credit in Echo of 2008
- China says sales of cars, home appliances rebounded sharply during May day holiday
- Australia to ease COVID-19 curbs in three stages, targets July for full removal
- As US-China rivalry heightens, the pandemic could tilt global power in Beijing’s favor
- China, U.S. Teams Agree to Work to Implement Trade Deal
- Credit Funds in India See Large Outflows on Franklin Shock
- Economic Fallout From Coronavirus Puts Euro to the Test
- Why China Is Withholding Stimulus Amid Coronavirus-Sparked Downturn
- How Dollar Distress Migrated to Asia
- Germany’s ECB critics toast courtroom success
- Too much cash is chasing too few desirable assets
- Debt relief for US consumers leaves investors flying blind
Evening
- Asia stocks poised to rise as upbeat earnings trump jobs gloom
- Coronavirus live updates: San Francisco targets May 18 for some businesses to resume as California unveils reopening guidelines
- Debt, deadlines and default: Argentina's last-ditch push for $65 billion deal
- Global hedge funds post April gains but still negative for the year: data
- North Korea calls South Korean military drills 'grave provocation', sends 'warm greetings' to China
- The Results Are In for the Sharing Economy. They Are Ugly.
- India to Take on Offshore Currency Markets Amid Virus Tumult