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
The Fed is lifting Wells Fargo’s asset cap so it can help lend to small business
[ad_1] The Federal Reserve is modifying the asset cap it has imposed on Wells Fargo so the bank can participate in the government’s business lendingRead 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