All eyes are on Congress to pass a much-needed stimulus bill to rescue the economy from the coronavirus damage. The stock market is staging a turnaround with the Dow rebounding from its 2016 low. Here’s what’s happening: 10:52 am: Goldman says buy gold now: ‘Time to buy the currency of last resort’ Gold prices jumped more than […]
Tag: Hilton Worldwide Holdings Inc
GOP bill fails in key Senate procedural vote
A massive funding package to combat the impact of coronavirus did not get enough votes in a key Senate procedural vote Sunday evening. The stalemate came hours after Democratic leaders warned that the bill did too much to bail out companies and not enough to help workers. Stock futures cratered as the two parties failed to […]
Stocks try to hold gains in choppy trade, Dalio concerned
Traders work on the floor at the New York Stock Exchange October 31, 2019. Brendan McDermid | Reuters This is a live blog. Check back for updates. 10:32 am: Battered hotel stocks on the rise Some of the hotel and casino stocks, which have taken the hardest hits from the coronavirus, were in the green Thursday. […]