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Google Market NewsMar 31, 2020
Dow futures point to a lower open after market's rebound from massive coronavirus sell-off - CNBC
Dow futures point to a lower open after market's rebound from massive coronavirus sell-off  CNBCUS STOCKS-Wall Street rallies, led by healthcare jump  Yahoo FinanceUS stocks close up 3.4% in positive start to week  Financial TimesMarket call difficult in generation-defining moment  Business Times

NYTimes BusinessMar 31, 2020
Stock Markets in Asia Signal Investor Caution: Live Updates
Live updates on stock market and business news during the coronavirus outbreak.

Reuters BusinessMar 31, 2020
Oil rebounds from 18-year lows after U.S., Russia agree to talks
Oil recovered ground on Tuesday after U.S. President Donald Trump and Russian President Vladimir Putin agreed to talks to stabilize energy markets, with benchmarks climbing off 18-year lows hit as the coronavirus outbreak cut fuel demand worldwide.

MarketWatch MarketPulseMar 30, 2020
Airbnb pledges $250 million for hosts to weather coronavirus-related cancellations
Airbnb on Monday pledged $250 million to help support hosts whose guests have canceled reservations due to the coronavirus outbreak. In a blog post, Airbnb said its "extenuating circumstances policy" would apply for trips booked before March 14 and check-ins between March 14 and May 31. Guests will be able to cancel for full refunds, while Airbnb will pay hosts 25% of what they would have made on the canceled trip. The company said stays booked after March 14 -- the date the World Health Organization declared a global pandemic -- will not fall under under the extenuating circumstances policy, and regular cancellation terms will apply. For stays reserved after May 31, the company asked hosts and guests to either cancel or re-affirm their reservations. The COVID-19 pandemic has dealt a severe blow to Airbnb, with the Wall Street Journal reporting hundreds of millions of dollars lost this year, forcing the company to consider a capital raise or whether to alter its plan to go public via a direct offering.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Google Business NewsMar 30, 2020
Dow Jones Futures Extend Gains On Strong Chinese Data After Big Coronavirus Stock Market Rally; 4 Top Stocks To Watch - Investor's Business Daily
Dow Jones Futures Extend Gains On Strong Chinese Data After Big Coronavirus Stock Market Rally; 4 Top Stocks To Watch  Investor's Business DailyView Full Coverage on Google News

Yahoo BusinessMar 30, 2020
Crude rises after U.S., Russia agree to oil market talks
Oil recovered some ground on Tuesday as U.S. President Donald Trump and Russian President Vladimir Putin agreed to discuss stabilizing energy markets, but prices remain near 18-year lows as the coronavirus shutdown destroys demand. Oil markets have faced a double whammy from the coronavirus outbreak and a price war between Saudi Arabia and Russia after OPEC and other producers failed to agree on deeper cuts to support oil prices in early March. U.S. President Donald Trump and Russian President Vladimir Putin agreed during a phone call on Monday to have their top energy officials discuss stabilizing oil markets, the Kremlin said on Monday.


MarketWatchMar 30, 2020
The New York Post: Amazon fires organizer of strike at Staten Island warehouse
Amazon has fired the worker at its Staten Island warehouse who organized a walkout on Monday to demand greater protections from the company amid the coronavirus outbreak.

Google Business NewsMar 30, 2020
Fed: coronavirus could mean 47 million laid off, 32% unemployment rate - Business Insider - Business Insider
Fed: coronavirus could mean 47 million laid off, 32% unemployment rate - Business Insider  Business InsiderCoronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates  CNBCFed's Bullard Says Interest Rates Likely to Stay Low for Quite a While  Bloomberg Markets and Finance47 Million Americans Work in Jobs at High Risk of Layoffs, Federal Reserve Analysis Says  Newsweek

CNBC FinanceMar 30, 2020
Stock futures rise, extending market's rebound from massive coronavirus sell-off
The overnight action followed a strong session on Wall Street, with the Dow jumping nearly 700 points.

Yahoo BusinessMar 30, 2020
Paying $4.79 a Gallon, California Didn't Get the Cheap Gas Memo
(Bloomberg) -- At least there's this: The average price for a gallon of gasoline in the U.S. has fallen below $2 for the first time in four years.That's average -- which California is not. As crude oil prices have tanked, depressed by the coronavirus pandemic and the market-share war between Saudi Arabia and Russia, at least a dozen service stations in the Golden State are charging more than $4, according to the tracker GasBuddy. One unnamed location in Santa Clara, near the heart of Silicon Valley, was on Monday demanding the most that GasBuddy's research found in the state: $4.79.According to AAA, only Hawaii has higher average prices than California, at $3.36 versus $3.06. That compared to the lowest of 95 cents at one outlet in Oklahoma and another in Wisconsin, according to GasBuddy. Meanwhile, in New York, just five stations are asking more than $3 and neighboring Connecticut doesn't have a posting at more than $2.99, GasBuddy found -- though suburban Connecticut residents will tell you they've seen signs for $3-plus.The U.S. has always been a very mixed market when it comes to gasoline, with different taxes and smog-control regulations in different states. Another thing California and Hawaii have in common: They're nowhere close to the shale formations producing most of the nation's crude. In contrast, Texas -- home of the oil-rich Permian Basin and almost a third of the country's fuel refining capacity -- boasts pump prices averaging about $1.75.But wherever you are filling up, with the U.S. ben

MarketWatchMar 30, 2020
The New York Post: Fauci anticipates second coronavirus wave in the fall, but U.S. will likely be better prepared
The nation's top infectious disease expert said Monday that he anticipates the U.S. will endure another coronavirus outbreak in the fall — but by then he said, the country will be better equipped to fight the illness.

MarketWatchMar 30, 2020
The Fed: ‘I am scared of losing my income, my shop and my home' — Texas businesses worry about coronavirus
Anxiety and uncertainty are spreading rapidly among business leaders as the coronavirus lashes the broader economy.

AdWeek NewsMar 30, 2020
Facebook Pledges Another $100 Million to Support the News Industry
Facebook said Monday that it will invest $100 million to help support the news industry during the coronavirus pandemic: $25 million in emergency grant funding for local news via its Facebook Journalism Project, and $75 million in additional market spending to help move money to news organizations globally. Vice president of global news partnerships Campbell...

Yahoo BusinessMar 30, 2020
Oil Halts Drop Near 18-Year Low After Crashing on Demand Shock
(Bloomberg) -- Oil clawed back some losses after plunging to the lowest level in 18 years as investors grapple with demand shocks and an impending supply flood from some of the world's biggest producers.Futures in New York advanced 2.8% as equity markets rallied on glimmers of optimism about the health sector's efforts to deliver rapid testing for the new coronavirus. While oil climbed for the first time in four sessions, prices are still set for the worst month and quarter on record as the rapidly spreading virus leads to lockdowns across the globe, sapping demand for crude and fuels.U.S. President Donald Trump spoke with Russian counterpart Vladimir Putin Monday to discuss the importance of stable energy markets, but that did little to improve sentiment. The demise of the OPEC alliance means that former allies Saudi Arabia and Russia will be able to pump-at-will from April 1.The slump in demand has shut refineries from South Africa to Canada, leading to excess barrels in the market. A huge oversupply is further collapsing the oil market's structure, and there may be more weakness to come as the world quickly runs out of storage capacity."Any little bit of optimism is welcome even if it is little more than a false dawn," said Stephen Innes, global chief market strategist at AxiCorp Ltd. "The demand devastation is the most aggravating factor these days, while the supply issues are exacerbating that pressure."West Texas Intermediate for May delivery added 57 cents to $20.66 a barrel on the the New York Merc
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