Wednesday 25 March 2020

White House not considering three-month tariff deferral: Navarro

Reuters.com Newsletter

White House not considering three-month tariff deferral: Navarro

The White House's top trade advisor denied on Tuesday that the Trump administration was considering a three-month deferral of tariff payments on imported goods to ease the pain of the economic shutdown caused by the coronavirus pandemic.

BNY Mellon money fund gets capital infusion after 'shadow price' falls

A New Jersey municipal money-market fund run by BNY Mellon Corp needed an injection of $89,000 after the market value of the fund came under pressure, the bank disclosed on Tuesday in a U.S. regulatory filing.

U.S. activist investors Land & Buildings, Engaged raise new capital: sources

Several investors who push management to perform better are trying to raise hundreds of millions of dollars in new cash to buy stakes in companies beaten down by a historic market selloff, four people familiar with their plans said on Tuesday.

U.S. SEC warns against illegal trading during coronavirus disruption

The U.S. securities regulator on Monday warned corporate executives against insider trading during disruption caused by the coronavirus, in an unusual statement that underscores the chaos coursing through financial markets.

Fed's money market move lifts Northern Trust fund above key threshold

Liquidity at a $2.2 billion prime money-market fund run by Northern Trust Corp fell below the key 30% U.S. regulatory threshold twice last week, but rebounded above that level after the U.S. Federal Reserve shored up the industry.

Some U.S. wealth advisers tell clients to stay put as markets fall

The deepest U.S. stock market sell-off since the 2008 financial crisis is prompting some financial advisers to tell wealthy clients to hold steady or even increase their equity exposure if they have at least 10 years until retirement.

Your Money - Separation anxiety: Divorce, money and coronavirus

The first few days of staying at home for coronavirus seclusion with my two kids were chaotic, stressful and scary, much like they were for everyone else.

Your Money: Coronavirus fears shake Yale economist Robert Shiller

In scary times like these, it is comforting to talk to someone who has seen and studied a lot of things – booms, busts, and everything in between.

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