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If given $100, half of young Africans would use it to start a business, survey says
If given $100, half of young Africans would use it to start a business, survey says.

Around half of young people across Africa said that if they were offered $100, they would use it to start a business, a survey has shown. This entrepreneurial spirit was revealed in a study by the Ichikowitz Family Foundation charity,.

Tesla’s stock bounces, but Morgan Stanley says it’s still a sell
Tesla’s stock bounces, but Morgan Stanley says it’s still a sell.

Shares of Tesla Inc. shot higher Monday, putting them on track to snap a sharp 5-day selloff, but Morgan Stanley analyst Adam Jonas suggested it was still too early for investors to jump in. Jonas reiterated the underweight rating he’s.

ECB to Cut Following Fed’s ‘Decisive’ Action, Commerzbank Says
ECB to Cut Following Fed’s ‘Decisive’ Action, Commerzbank Says.

The European Central Bank will respond to the Federal Reserve’s “decisive” interest rate cut with easing of its own, according to Commerzbank AG. With the outlook deteriorating, officials in Frankfurt are likely to cut the deposit rate by 10 basis.

Dr. Doom: Dow Jones Could Crash 40% Over Coronavirus Pandemic
Dr. Doom: Dow Jones Could Crash 40% Over Coronavirus Pandemic.

Famed economist Nouriel Roubini is known for making gloomy predictions that often come true. He was warning the markets of an impending recession in 2006, and it came true shortly thereafter in the form of the subprime mortgage crisis. Labeled.

Coronavirus to hit emerging market forex hardest in near term
Coronavirus to hit emerging market forex hardest in near term.

Fears that the coronavirus may trigger a global downturn will hit emerging market currencies harder than developed markets in the near term as the disease spreads more rapidly outside China, a Reuters poll found. The polling was conducted before the.

Is it a currency? A commodity? Bitcoin has an identity crisis
Is it a currency? A commodity? Bitcoin has an identity crisis.

So bitcoin’s a currency, right? Well, yes, it can be used to buy, sell and price goods much like dollars and euros. A commodity? Come to think of it, it does behave a lot like oil and gold – it.

Analysts: Dow Jones Rally Is a Big Bull Trap; Get Out Before Selling Resumes
Analysts: Dow Jones Rally Is a Big Bull Trap; Get Out Before Selling Resumes.

The Dow Jones just printed its biggest one-day point gain in history. The index rallied by a massive 1,294 points on Monday for a strong 5.1% gain. In terms of percentage gains, this was its best in over a decade..

Fed cuts rates by half a percentage point to combat coronavirus slowdown
Fed cuts rates by half a percentage point to combat coronavirus slowdown.

The Federal Reserve announced an emergency rate cut Tuesday of half a percentage point in response to the growing economic threat from the novel coronavirus. The move was the first such cut since December 2008, during the financial crisis. It.

EU data supported the euro, but unlikely to be for long
EU data supported the euro, but unlikely to be for long.

The US reaffirms that its economy is at the forefront of the global macroeconomic cycle. This is frightening news in the short term, as can be seen from the data published in previous days. That makes us expect with caution.

Trump asks Fed for ‘big cut’ after Australia slashes rates on coronavirus impact
Trump asks Fed for ‘big cut’ after Australia slashes rates on coronavirus impact.

President Donald Trump once again called on the Federal Reserve to deliver some major policy easing measures, after the Australian central bank cut rates to record lows and noted the impact of the coronavirus outbreak. The Reserve Bank of Australia.

Big Fed rate cuts baked into futures prices as virus spreads
Big Fed rate cuts baked into futures prices as virus spreads.

The U.S. central bank will deliver a big dose of stimulus starting this month in a bid to protect the world’s biggest economy from the impact of the coronavirus, traders of futures contracts tied to Federal Reserve policy are betting..

Next seven days seen as decisive for Italy as coronavirus cases surge
Next seven days seen as decisive for Italy as coronavirus cases surge.

This week will be decisive to see if measures the Italian government has taken to tackle the new coronavirus — including the lockdown of entire towns, restrictions of movement and closure of public places — are working, as the government.

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