Lenders fear the launch of the $350 billion program could be "a disaster that could dwarf the failed kickoff of the Obamacare enrollment web site in 2013."
Job losses amid the coronavirus pandemic amount to "a staggering, sudden blow to American workers never seen before in the U.S. economy."
“Altria and Juul turned from competitors to collaborators by eliminating competition and sharing in Juul’s profits."
Even export powerhouses Germany and Japan saw steep decreases in factory output last month as the coronavirus upended supply chains and crushed demand.
The market values of both companies have declined since the coronavirus pandemic intensified.
The new FIMA Repo Facility is the Fed's latest move to relieve stresses in financial markets resulting from the coronavirus crisis.
The Fed's unusual intervention in the market will help but "is unlikely to prevent distress at businesses with less certain long-term viability."
Loan forbearance offers to coronavirus-hit consumers are "prudent" but lenders' credit performance could “deteriorate rapidly” once they expire.
"This is really an unprecedented activity that GM and Ventec are in to mass-produce a ventilator with an auto manufacturer."
Congress makes a rare intervention to delay when large public banks must change how they account for losses on souring loans.
“The oil industry could take a sustained hit as people stay close to home and forgo typical commutes along with travel plans."
“We are cautiously optimistic that this will provide the cash flow that small businesses needed yesterday."
