A Halliburton oil well fielder works on a well head at a fracking rig site January 27, 2016 near Stillwater, Oklahoma. J. Pat Carter | Getty Images Leading fracking firm Halliburton reported a $1 billion first-quarter loss and $1.1 billion in impairment charges on Monday as it gave a bleak outlook for North American oilfields
Month: April 2020
Something that’s never happened in the oil market is happening today: Negative prices for oil contracts. While many people may see this and think the overall price of oil is negative, there’s nuance. The short answer is that no, not all oil is free. The picture in the market is not as bleak as this
If you and your partner are worried about the impact the coronavirus pandemic may have on your job security or finances, it’s a good idea to start working together now to shore up the stability of your household. To help you get started, here are five tips from financial experts on what to do now
A futures contract for U.S. crude prices dropped more than 100% and turned negative for the first time in history on Monday, showing just how much demand had collapsed because of the coronavirus pandemic. But traders cautioned this collapse into negative territory was not reflecting the true reality of the beaten-up market. The price of
Adam Hester America is a resilient nation. Americans are optimistic, innovative, forward-looking and compassionate. And when a crisis occurs, America’s best qualities shine through and burn brightly. We are in the midst of an unprecedented health crisis that has caused a momentous disruption to our nation’s and the world’s economy as businesses have been ordered
Pascal Broze | Getty Images Millions of Social Security beneficiaries are eligible for coronavirus stimulus payments. But even as the first checks have started to go out, many still have questions as to when and how they will receive their money. Most individuals who receive Social Security or Supplemental Security Income (SSI) benefits are eligible
As the coronavirus pandemic continues to take its toll on the U.S. economy, a new survey from the National Restaurant Association lays out how dire the situation is for the industry. More than two-thirds of the restaurant workforce, or 8 million employees, have lost their jobs as shelter-in-place orders and mandatory closures have severely impacted
Getty Are you receiving Social Security retirement or disability benefits (SSDI), Supplemental Security Income (SSI), Railroad Retirement benefits, or VA benefits? If you are and you are generally not required to file a tax return, and you have children, you need to be aware of a new deadline. The Internal Revenue Service (IRS) previously announced that folks in those
Viacom’s New York City headquarters. Photo by JOHANNES EISELE/AFP via Getty Images Topline: As the coronavirus pandemic keeps Americans confined to their homes, nearly every industry has been negatively impacted by the disease, and businesses losing out on cash flow have started laying off workers. Here’s who’s axed staff so far: Airlines & Transportation Air
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 2,416,135 Global deaths: At least 165,939 US cases: More than 759,786 US deaths: At least 40,683 The data
A United Airlines Holdings Inc. employee waits for a traveler at San Francisco International Airport in San Francisco, California, U.S., on Thursday, April 2, 2020. David Paul Morris | Bloomberg | Getty Images United Airlines on Monday reported a $2.1 billion loss for first quarter as the coronavirus pandemic drove travel demand down to the lowest
7:59 am: Shake Shack returns small business loan The burger chain’s CEO said Monday that Shack Shack is returning the $10 million small business loan it received from the government. The restaurant chain was able to raise about $150 million in an equity offering last week. The SBA loan program was a part of the
In 2016, Steve Adcock quit his six-figure job and retired at 35. His wife, Courtney, left her 9-to-5 a year later and joined him in early retirement. They did it by saving up to 70% of their combined income, which ranged from $200,000 to $230,000 a year. For the past few years, the couple have
Close up of a mature man paying bills Geber86 What if it never comes back? Notorious gangster Al Capone attempts to help unemployed men with his soup kitchen “Big Al’s Kitchen for the Needy.” The kitchen provided three meals a day consisting of soup with meat, bread, coffee, and doughnuts, feeding about 3500 people daily
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 2.39 million Global deaths: More than 164,900 Most cases reported: United States (755,533), Spain (196,664), Italy (178,972), France (154,097), and Germany (145,184). The data above was compiled
A man wears a protective mask as he walks on Wall Street during the coronavirus outbreak in New York City, New York, U.S., March 13, 2020. Lucas Jackson | Reuters U.S. stock futures opened lower on Sunday night as investors weigh the latest news on the coronavirus front along with another decline in crude prices.
The coronavirus pandemic has forced millions of Americans to work from home over the past month, and likely into the foreseeable future. Understandably, working remotely is easier for some employees than others, as coordinating with colleagues sprawled across the map can prove to be a difficult test of patience and technology. But what do you
One conundrum that some investors face is how to capture the safety of bonds while trying to get in on riskier stock-like returns. Enter convertible bonds. These hybrid investments are corporate-issued bonds that pay interest — generally higher than U.S. Treasury rates but lower than those on regular corporate bonds. After a predetermined length of
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 2.3 million Global deaths: At least 161,262 US cases: More than 735,200 US deaths: At least 39,090 The
New York Federal Reserve President John Williams said that he sees some aspects of the economy coming back online but doubts growth will get back to normal through 2020. Williams spoke Friday with Steve Liesman on CNBC’s “Squawk Box.” Areas such as construction should be the first to come back, he said, echoing comments from
- « Previous Page
- 1
- …
- 10
- 11
- 12
- 13
- 14
- …
- 27
- Next Page »