Jim Cramer says Buffett’s sale of airline stocks makes him ‘very concerned about the near term’
[ad_1] CNBC’s Jim Cramer said Monday that legendary investor Warren Buffett gave “no hope near term” in his annual shareholder meeting on Saturday with hisRead More
Global economy to contract by 3% due to coronavirus
[ad_1] Franklin Delano Roosevelt Memorial, Bronze statues that depict the Great Depression, Waiting in a bread line by George Segal, Washington D.C, United States. UniversalImagesGroupRead More
Oaktree Capital’s Howard Marks on investing amid coronavirus pandemic
[ad_1] Oaktree Capital co-chairman Howard Marks is leaning toward a more negative outlook because of the uncertainty from the coronavirus pandemic, but still, he saidRead More
Exxon cuts capital spending by 30%, but CEO says it’s ‘committed to maintaining’ dividend
[ad_1] Exxon is slashing its 2020 capital spending plan as depressed oil prices hammer the energy sector, but CEO Darren Woods said that the company’sRead More
Cramer praises Fed on $2.3 trillion in business, municipality loans
[ad_1] CNBC’s Jim Cramer on Thursday praised the Federal Reserve’s latest moves to help keep afloat a U.S. economy that’s been battered by the coronavirusRead More