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Stocks tumble again as oil wipeout continues

Stocks fell sharply again Tuesday as oil prices continued their unprecedented wipeout.

Under pressure, feds might step in to help housing market

The Federal Housing Finance Agency is considering taking steps to ease strains on mortgage companies facing a cash crunch as millions of Americans struggling with fallout from the coronavirus suspend their monthly payments, according to people familiar with the matter.

Home sales tumble as sellers take properties off market

These sales figures are based on closings that represent contracts signed mostly in late January and February, before the coronavirus shut down so much of the economy.

What does oil below zero mean for consumers?

The price of a barrel of benchmark U.S. oil plunged below zero Monday for the first time, a troubling sign of an unprecedented global energy glut as the coronavirus pandemic halts travel and curbs economic activity.

How Richard Branson spends his $4.4 billion fortune

Richard Branson, founder of the Virgin Group, has a net worth of $4.4 billion. When he spends his money indulgently, it's to make money in return.

Coronavirus payouts will go to some seniors this week

The growing panic expressed over pandemic-related relief money seems not to take into account that not all the money was set to be paid out at once.

Rich mortgage borrowers get cold shoulder from lenders

The wealthiest, most reliable mortgage borrowers in the U.S. are hearing an unfamiliar word from lenders: No.

Thousands of businesses seeking disaster loans told of data leak

A bug in the SBA's site was mistakenly showing applicants' personal information to other applicants who subsequently used the portal.

Corporations seek legal protection for when lockdowns lift

Major U.S. business lobbying groups are asking Congress to pass measures that would protect companies large and small from coronavirus-related lawsuits when states start to lift pandemic restrictions and businesses begin to reopen.

How a barrel of oil came to be worth less than nothing

Something bizarre happened in the oil markets on Monday: Prices fell so much that some traders paid buyers to take oil off their hands. 

Why you might not be able to track your coronavirus payment

A new IRS tool that was supposed to make it easy to find out when you'll get your money isn't working for some people.

Oil meltdown widens as June contract sinks below $10

Oil’s meltdown spread to the June contract as the price plummeted $10 in New York.

Hundreds of US oil companies could go bankrupt

The American oil industry is facing a doomsday scenario.

Ticketmaster to offer refunds on postponed events

More than 30,000 events have been cancelled or postponed, the company said, noting that two of its largest organizers are beginning to offer refunds.

Private jet company JetSuite grounds fleet and furloughs crew

The wealthy aren't traveling and businesses have cut all nonessential travel, forcing private jet companies to scramble to cut costs to maintain basic operations.

Trump adviser says quarterly economic plunge could be biggest on record

Oil dip unsurprising, second-quarter GDP drop could be biggest ever: White House's Hassett

Earnings are set for their biggest dive since late 2009

The S&P 500 index is set to suffer the worst quarter for earnings since the 2008 financial crisis, and it’s likely to get a lot worse because these results will barely show the impact of the COVID-19 pandemic.

What should oil investors do after the drop?

Many energy stocks are at their all-time lows, but the discount provides opportunities for investors.

These oil companies are most at risk in the danger zone

Survival will be difficult on plunging oil prices and mounting debt.