Billionaire entrepreneur Mark Cuban joined CNBC’s “Fast Money” on Monday.  Cuban, owner of the NBA’s Dallas Mavericks, has been vocal during the coronavirus pandemic, arguing for government relief measures that prioritize workers and puts restrictions on stock buybacks.  Cuban last week criticized how some banks were handling the newly created small business loan program, telling CNBC that
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The price of US oil clawed back above zero on Tuesday after plunging into negative territory for the first time as the coronavirus pandemic crushes demand in global energy markets. West Texas Intermediate, the US oil benchmark, was fetching $1.67 a barrel in early Asia trading after starting the session at -$14, meaning that producers
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As California and America look forward to relaxing restrictions, it’s time to look ahead to meeting the onrushing financial crisis. The coronavirus has created such a massive disruption to the world’s stock markets that almost all California public employee defined-benefit pension plans will never recover. At a minimum, they must be put on a fiscal
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Homebuilders are hurting. U.S. home construction in March endured its worst monthly decline since 1984 as housing starts fell by over 22% from the previous month, the Commerce Department said Thursday. Homebuilder confidence was also pummeled, with one key indicator seeing the biggest drop in its 35-year history. Home construction stocks have reflected the weakness. The iShares
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European Central Bank officials have held high-level talks with counterparts in Brussels about creating a eurozone bad bank to remove billions of euros in toxic debts from lenders’ balance sheets. The plan to deal with debts left over from the 2008 financial crisis is being pushed by senior ECB officials, who worry the coronavirus pandemic
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Conservative activists cheered on in some cases by Donald Trump are vowing to step up street protests against lockdowns imposed to stop the spread of the coronavirus, arguing the restrictions violate their civil rights and threaten their ability to earn a living. The demonstrations in recent days have echoes of the anti-establishment agitation that led
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The municipal market was mostly quiet Friday as participants came off a week of a strong rally, an awakened new-issue market and the first fund inflows since February as they cautiously await another week with more deals on tap and continued questions of support out of Washington. Triple A benchmarks showed slight weakness with most
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urbazon | Getty Images More than 2.9 million homeowners have taken advantage of a program designed to provide relief to holders of government-backed mortgages, part of the coronavirus CARES Act relief package. This represents 5.5% of all active mortgages, according to Black Knight, a mortgage data and analytics company that is now tracking the growing
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This video explains what the Alligator Indicator is, what it’s for and how to use it. The video includes a demonstration with a chart of real-market prices to show how the indicator may provide information about the state of the market and how to read the indicator’s signals for trading a trend. Try the Alligator
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