The see in conservation: Stay-at-home pays off as more people pay more attention to natural world

A great horned owl spotted in the Lisle area during the stay-at-home. | Credit: John Cuculich With the stay-at-home edicts, more people are paying more attention to their immediate natural world. Conservation begins with a see. That’s my great hope coming out of months of stay-at-home edicts. My mother-in-law pointed out the dining-room window last […]

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Credit rating ‘Fallen angel’ danger at record high: S&P Global

LONDON (Reuters) – The number of companies or countries at risk of seeing their credit ratings cut to junk from investment grade has been pushed to a record high of 111 by the coronavirus pandemic, S&P Global analysis shows. The number of so-called ‘fallen angels’ has already reached 24 this year, impacting over $300 billion […]

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Bullard: Credit facilities, including ETF purchases begun today, already helping

WASHINGTON (Reuters) – The Fed’s credit facilities including the purchases that opened today of some exchange traded funds has already helped markets just by their announcement, St. Louis Federal Reserve bank president James Bullard said on Tuesday. “It was the announcement that it would be set up — from a market point of view it […]

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Mike Tyson Is Training for a Boxing Comeback at Age 53

Photo credit: Donald Kravitz – Getty Images From Men’s Health World heavyweight boxing champion Mike Tyson says he is in the best shape of his life as he prepares to make his return to the ring. Speaking with rapper T.I. on Instagram Live from quarantine this week, the retired fighter revealed that he’s been training […]

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Tesla shares jolted up nearly 30 percent in two days thanks to stock upgrade

Shares of Tesla surged 13 percent on Tuesday after Credit Suisse upgraded its rating on the electric-car maker and as Wall Street rallied on optimism the coronavirus outbreak was reaching a plateau. The stock has jumped nearly 30 percent in the past two days as investors look beyond disruptions caused by the pandemic, which has […]

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Kendrick Perkins discusses his kids spending $16K on Fortnite and the NBA returning | Get Up

Kendrick Perkins tells a story about how his children charged over $16,000 on his credit card for Fortnite purchases, then discusses the potential of the NBA season resuming. #GetUp #NBA ✔️Subscribe to ESPN+ https://plus.espn.com/ ✔️ Get the ESPN App: http://www.espn.com/espn/apps/espn ✔️Subscribe to ESPN on YouTube: http://es.pn/SUBSCRIBEtoYOUTUBE ✔️ Subscribe to NBA on ESPN on YouTube: http://bit.ly/SUBSCRIBEtoNBAonESPN […]

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S&P says major Aussie banks not at risk of downgrade amid pandemic

(Reuters) – Major Australian banks can weather a substantial rise in credit losses triggered by the coronavirus outbreak while credit ratings of most banks in the country are not at risk of a downgrade, ratings agency S&P Global said. The agency, however, expects credit losses at banks in 2020 to more than triple from 2019 […]

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Fed Is Buying Credit ETFs But One Hedge Fund Is Shorting Them

© Reuters. Fed Is Buying Credit ETFs But One Hedge Fund Is Shorting Them (Bloomberg) — Adam Schwartz didn’t know a lethal virus more contagious than the flu would spark the biggest credit crash in a decade. But his hunch that exchange-traded funds would buckle in a major rout is getting some vindication in the […]

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U.S. Fed moves to ensure liquidity in money market mutual funds

WASHINGTON (Reuters) – The U.S. Federal Reserve on Wednesday night rolled out its third emergency credit program in two days, announcing it would make loans to banks that offer as collateral assets purchased from money market mutual funds. The new facility through the Boston Federal Reserve bank will offer “support for the flow of credit […]

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Fed’s failure to fix credit plumbing leaves markets scrambling for dollars

© Reuters. Fed’s failure to fix credit plumbing leaves markets scrambling for dollars By Hideyuki Sano and Sumeet Chatterjee TOKYO/HONG KONG (Reuters) – A global scramble for U.S. dollar financing worsened on Monday as the Federal Reserve’s aggressive move to flood markets with cash failed to temper borrowing costs and unclog funding for companies and […]

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China to support trade finance, consumer credit to boost economy – banking regulator

© Reuters. China to support trade finance, consumer credit to boost economy – banking regulator BEIJING (Reuters) – China will encourage banks to offer more trade finance and also issue more consumer credit, said an official with the banking regulator on Sunday, in a bid to help the world’s No. 2 economy recover from the […]

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Lender CAF approves $300 million in credit to help Latin American countries hit by coronavirus

BOGOTA (Reuters) – Latin American development bank CAF has approved a credit line worth $300 million to manage emergencies related to coronavirus in its member countries, it said on Tuesday. CAF made the announcement shortly after Chile and Argentina confirmed their first cases of the fast-moving virus. Other countries in the region with COVID-19 include […]

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