PT Global Economy

PT Global Economy

Oil prices climb as key OPEC+ production conference set to get under way

Investors bid the price of crude up on Wednesday in anticipation of a pact between the oil-producing behemoths, which could result in daily cuts...
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Why Are Dairy Farmers Being Forced to Dump Millions of Gallons of Milk While...

As restaurants close all over America, wholesale markets for dairy products have largely shut down. Read Article

Oil moves higher ahead of OPEC-led talks on output cuts

Oil steadied near $32 a barrel on Wednesday, supported by hopes that a meeting between OPEC members and allied producers on Thursday will trigger...

Requests to delay mortgage payments jump nearly 2,000% as borrowers seek relief

It is also getting more difficult for borrowers to get through to their mortgage servicers to make these forbearance requests. Read Article

Almost Half Of Small Businesses Will Close If They Cannot Re-Open Soon

In a new survey of small business owners, almost half (43%) say their livelihood is on the line and they are going to be...

Kudlow Claims Fed Still Has “Ultimate Bazooka”

The Fed has something else under its Kimono that it's not quite ready to share... Read Article ...

U.S. airlines want a $50 billion bailout. They spent $45 billion buying back their...

it's a sure bet that a ton of money will be earmarked for our nation's four biggest airlines - American, Delta, Southwest and United. Read...

New York Fed, FDIC Tout “Opacity in a Banking Crisis” …

... to Keep Corporations, Hedge Funds, PE Firms & Counterparties in the Dark about Weak Banks Read Article

Rally continues in US/ EU stocks on virus hopes as pound recovers from Johnson...

The pound GBPUSD, 0.834% more than recovered the losses from the hospitalization of U.K. Prime Minister Boris Johnson over the coronavirus. Read Article