Five Minute Drill

Supreme Court Rules in Favor of Expedited Removal for Asylum Seekers

Fri, 26 Jun 2020 09:00:00 +0000

President of the International Association of Fire Fighters accused of multimillion-dollar corruption scandal; All U.S. major indexes end in positive territory; Salesforce invests $100 million in Tanium; Simran Sandhu & Darian Phillips report.

Majority of U.S. States Report a Surge in New Coronavirus Infections

Thu, 25 Jun 2020 09:00:00 +0000

All major U.S. indexes fall 2-3%; Amazon announces a plan to help non-coders build apps; House launches investigation regarding Venntel and potential personal data violations; I.R.S. will pay interest to taxpayers on delayed refunds; Simran Sandhu & Darian Phillips report.

Johnson & Johnson Ordered to Pay $2.1 Billion Over Cancer-Causing Talc Powder

Wed, 24 Jun 2020 09:00:00 +0000

Dell explores potential sale of 81% stake in VMware; Amazon sets up $2 billion VC fund for clean energy investments; Etsy shares triple over the past three months; DOJ and state attorney generals discuss potential Google anti-trust case; Simran Sandhu & Darian Phillips report.

Apple Ends 15-Year Partnership with Intel

Tue, 23 Jun 2020 09:00:00 +0000

All major indexes increased by 10-50 basis points; Raw materials surge as world economy reopens; Existing home sales fall by 9.7% last month; U.S. & Russian negotiators begin nuclear arms talks; Simran Sandhu & Darian Phillips report.

President Trump Fires U.S. Attorney for the Southern District of New York

Mon, 22 Jun 2020 09:00:00 +0000

Commerce department bans companies from supplying semiconductors to Hauwei; American Airlines seeking $3.5 billion in new financing; U.S. banks experience a $2 trillion increase in deposits accounts; Black-owned companies surge during Juneteenth; Simran Sandhu & Darian Phillips report.

Special Guest: Jason Gilbert, EVP & Chief Nurse Executive, IU Health

Fri, 19 Jun 2020 12:00:00 +0000

Interview with Jason Gilbert from IU Health; Simran Sandhu reports.

Former National Security Advisor Claims President Trump Sought China's Assistance for His Re-Election Efforts

Thu, 18 Jun 2020 09:00:00 +0000

Dow Jones and S&P 500 snap 3-day winning streak; Fed Chairman, Jerome Powell, says U.S. is experiencing short-supply of coins; Officer responsible for Rayshard Brooks' death receives felony murder charge; Simran Sandhu & Darian Phillips report.

President Trump Signs Executive Order On Police Reform

Wed, 17 Jun 2020 09:00:00 +0000

Retail sales jumped by nearly 18% in May; All major indexes up 150-180 basis points; Softbank plans to sell two-thirds of their T-Mobile stake worth ~$20 billion; Simran Sandhu & Darian Phillips report.

Supreme Court Ruling Prohibits Workplace Discrimination Against LGBTQ Workers

Tue, 16 Jun 2020 09:00:00 +0000

President Trump removes troops from Germany; FED announces plan to purchase individual corporate bonds; BP suffers $17.5 billion write-down; Joe Biden and D.M.C. raked in $80 billion in donations last month; Simran Sandhu & Darian Phillips report.

China Reclaims Its Position As America's Largest Trading Partner

Mon, 15 Jun 2020 09:00:00 +0000

Black Lives Matter protests reignited in Atlanta after Rayshard Brooks' death; AT&T plans to sell Warner Bros. gaming division for nearly $4 billion; China's Central Bank approves American Express for operating card-clearing network; Simran Sandhu & Darian Phillips report.

Twitter Removes Over 170,000 Accounts Linked to The Chinese Government

Fri, 12 Jun 2020 09:00:00 +0000

All major indexes fall 5-7%; Five most valuable tech companies lost ~$270 billion in market value; 30-year mortgage rates fell below 3%; DoorDash nears deal valuing the company at more than $15 billion; Simran Sandhu & Darian Phillips report.

Fed Expects Interest Rates To Remain Near Zero Until 2022

Thu, 11 Jun 2020 09:00:00 +0000

50 states and other territories sue drug makers for inflating prices; Elon Musk gives green light for production of Tesla semi-truck; Grubhub and JustEatTakeaway.com near potential merger. Simran Sandhu & Darian Phillips report.

House Republicans Oppose The Removal Of American Troops From Germany

Wed, 10 Jun 2020 09:00:00 +0000

President Trump plans to use the police defunding issue against former VP Biden and the Democratic Party; Nasdaq briefly trades above 10,000-mark for the first time in the index's history; New home sales surged by 21% last month; Simran Sandhu & Darian Phillips report.

AstraZeneca Approaches Gilead Sciences Regarding A Potential Merger

Tue, 09 Jun 2020 09:00:00 +0000

Nasdaq surpasses NYSE for total capital raised by companies via IPO this year; Dunkin' Donuts plans to hire 25,000 employees; Federal budget deficit more than doubled in May; Simran Sandhu & Darian Phillips report.

OPEC and Allies Finalize Agreement To Extend Oil Output Cuts Through July

Mon, 08 Jun 2020 09:00:00 +0000

Minneapolis city council takes action to disband the local police department; Tent sales soar as businesses begin to reopen; Economists question the validity of China's unemployment data; Simran Sandhu & Darian Phillips report.

U.S. Unemployment Claims Fall Below 2 Million Last Week

Fri, 05 Jun 2020 09:00:00 +0000

U.S. business bankruptcies up 48% last month; S&P snaps winning streak; Slack forms alliance win Amazon; Bail for three ex-Minneapolis police officers set at $1 million; Simran Sandhu & Darian Phillips report.

U.K. Offers Refuge To 3 Million Hong Kong Citizens

Thu, 04 Jun 2020 09:00:00 +0000

Former Defense Secretary badgers President Trump for dividing the American people; S&P caps off the greatest 50-day rally in index history; COVID-19 bonds fruitful investment for governments and companies globally; Simran Sandhu & Darian Phillips report.

U.S. Government Seeks To Negotiate Another Coronavirus Relief Package

Wed, 03 Jun 2020 09:00:00 +0000

Zoom reports 169% surge in first-quarter sales; Lyft experiences a 26% demand increase compared to last month; Peaceful protesters near White House are forcefully removed by authorities; Simran Sandhu & Darian Phillips report.

President Trump Threatens To Deploy Federal Troops To Combat Nationwide Unrest

Tue, 02 Jun 2020 09:00:00 +0000

All major U.S. indexes rise, while crude oil prices fall; European court orders Nestle to change the name of its meatless burger; Facebook employees hold a virtual walkout; Simran Sandhu & Darian Phillips report.

SpaceX's Crew Dragon Successfully Reaches The International Space Station

Mon, 01 Jun 2020 09:00:00 +0000

Nationwide protests escalate and force temporary store shutdowns; President Trump postpones G-7 Summit; Tencent Holdings considers investment into Warner Music Group; Simran Sandhu & Darian Phillips report.

U.S. Economy Contracted 5% In The First Quarter

Fri, 29 May 2020 09:00:00 +0000

Federal authorities bust a massive coronavirus related scam; U.S. charges North Korean officials for illegally transferring $2.5 billion; Weekly jobless claims declined to 2.1 million last week; Pending home sales fell 34% last month; Simran Sandhu & Darian Phillips report.

Dow Jones Rises Above 25000 After Bank Stocks Experience Large Gains

Thu, 28 May 2020 09:00:00 +0000

EU intends to set up a $2 trillion euro relief plan; SpaceX postpones launch until Saturday; Amazon in advanced talks to buy autonomous vehicle company, Zoox; Disney World plans to reopen July 11th; Simran Sandhu & Darian Phillips report.

Amtrak Plans To Cut Their Workforce By Up To 20% As Ridership Drastically Falls

Wed, 27 May 2020 09:00:00 +0000

Pentagon intends to pull back forces from Afghanistan; Twitter adds fact-check notices on mail-in ballot tweets; Facebook shutdowns study aimed at making the platform less divisive; Warner Music Group announces plan for an IPO at an $11 billion valuation; Simran Sandhu & Darian Phillips report.

New York Stock Exchange Reopens After Being Shutdown For Over Two Months

Tue, 26 May 2020 09:00:00 +0000

Facebook's Mark Zuckerberg announces that working from home can impact employee salaries, depending on location; Futures on all major indexes up by 1-2%; Virgin Orbits' first satellite launch fails; Lufthansa receives $9.8 billion from Germany; Simran Sandhu & Darian Phillips report.

Special Guest: Michael Huber, President & CEO, Indy Chamber of Commerce

Fri, 22 May 2020 16:03:53 +0000

Interview with Michael Huber from the Indy Chamber of Commerce. Simran Sandhu reports.

Amazon Postpones 'Prime Day' Until September

Fri, 22 May 2020 09:00:00 +0000

Another 2.4 million Americans filed for unemployment last week; President Trump seeks an in-person G-7 meeting at the White House; Facebook encourages a transition to a remote workforce over the next decade; Simran Sandhu & Darian Phillips report.

All U.S. States Have Officially Begun The Reopening Process

Thu, 21 May 2020 09:00:00 +0000

Unanimous Senate vote could force Chinese companies to be removed from U.S. stock exchanges; House members now able to vote via proxy; All major indexes increase by 1.5-2%; Virgin Orbit will attempt its first orbital rocket launch; Simran Sandhu & Darian Phillips report.

Johnson & Johnson Plans To End All Baby Powder Sales In The U.S. & Canada

Wed, 20 May 2020 09:00:00 +0000

President Trump threatens to permanently cut off funding to the World Health Organization; All major indexes fall .5-1.5%; Walmart experiences a 74% increase in e-commerce sales; Facebook launches Facebook Shops; Simran Sandhu & Darian Phillips report.

Moderna Reports Optimistic Results Regarding Their Experimental Coronavirus Vaccine

Tue, 19 May 2020 09:00:00 +0000

Dow Jones experiences its best day since April 6th; Peet's Coffee plans for a $2.2 billion IPO; Former head of Disney+ named CEO of TikTok; Uber cuts 3,000 more jobs; Simran Sandhu & Darian Phillips report.

Europe Relies On Silicon Valley For Contact-Tracing Apps

Mon, 18 May 2020 09:00:00 +0000

8 different Coronavirus vaccines have begun testing on humans; Fiat Chrysler announces plan to set up a $6.8 billion credit line backed by the Italian government; Berkshire Hathaway sells 10 million shares of Goldman Sachs; Simran Sandhu & Darian Phillips report.

NYSE President Announces Trading Floor Will Reopen In Late May

Fri, 15 May 2020 09:00:00 +0000

U.S. import prices fell by 2.6% last month; An additional 3 million Americans filed for jobless benefits last week; Apple acquires NextVR; FedEx limits the number of items retailers can ship from specific locations; Simran Sandhu & Darian Phillips report.

U.S. Indexes Fall After Fed Chairman Urges For Additional Fiscal Stimulus

Thu, 14 May 2020 09:00:00 +0000

Small businesses and corporations benefit from billions of dollars in tax breaks; Gasoline demand increases as states reopen; New York City places a ceiling on delivery fees; Simran Sandhu & Darian Phillips report.

House Democrats Disclose $3 Trillion Coronavirus Aid Package

Wed, 13 May 2020 09:00:00 +0000

All major U.S. stock indexes fall; U.S. grocery costs are highest in 46 years; Uber announces takeover proposal for GrubHub; J.C. Penney seeks $450 million in financing prior to bankruptcy filing; Simran Sandhu & Darian Phillips report.

Electricity Prices Experience Large Decline Due To Shrinking Consumption

Tue, 12 May 2020 09:00:00 +0000

Nasdaq and S&P 500 see moderate gains while Dow Jones falls; PNC exits BlackRock investment; Neiman Marcus expected to burn an additional $300 Million+ before stores reopen; Elon Musk plans to restart Tesla production; Simran Sandhu & Darian Phillips reports.

Life Insurance Companies Shift Strategy Amid Growing Demand

Mon, 11 May 2020 09:00:00 +0000

FED announces that negative rates are not on the forecast; Russell 2000 surges 12% and outpaces the S&P 500; Vroom releases plan to file for an IPO; MLB expected to present a proposal on staging 2020 season; Simran Sandhu & Darian Phillips report.

Special Guest: Marsha Stone, Senior Executive, Indianapolis International Airport

Fri, 08 May 2020 16:00:00 +0000

Interview with Marsha Stone from the Indianapolis International Airport. Simran Sandhu reports.

U.S. Unemployment Claims Increase By 3.2 Million

Fri, 08 May 2020 09:00:00 +0000

U.S. removes patriot anti-missile systems from Saudi Arabia; Dropbox sees first quarterly profit in company history; Roku sees a 37% increase in new users last quarter; GM announces $4 billion in bond offerings; Simran Sandhu & Darian Phillips report.

President Trump Vetoes Iran War Powers Resolution

Thu, 07 May 2020 09:00:00 +0000

Peloton's first-quarter sales increase by 66%, while subscriptions increase by 94%; Grubhub reports loss of $33.4 million; Papa John's CEO claims April was the best month in company history; U.S. Department of Education releases final version of new Title IX regulations; Simran Sandhu & Darian Phillips report.

U.S. Oil Prices Surge 20% As Investors Bet On Demand Increase

Wed, 06 May 2020 09:00:00 +0000

Occidental Petroleum considers buying back $35 billion in bonds; U.S. stocks see back-to-back gains; Beyond Meat posts 141% increase in annual revenue; U.S. pressures E.U. to support Beijing Investigation; Simran Sandhu & Darian Phillips report.

California Becomes The First State To Borrow Federal Funds To Pay For Jobless Benefits Claims

Tue, 05 May 2020 09:00:00 +0000

Treasury Department announces plan to borrow $3 trillion this quarter; SEC increases reward offerings to whistleblowers; L Brands and Sycamore agree to end litigation; Simran Sandhu & Darian Phillips report.

FDA Approves Roche's Antibody Test For Emergency Use

Mon, 04 May 2020 09:00:00 +0000

WHO announces that past Friday was the deadliest day for coronavirus patients in the U.S.; Pentagon and Treasury have $17 billion available to lend to national security affiliated companies; Kim Jong Un makes his return to the public stage; Joe Biden publicly denies sexual assault allegations; Simran Sandhu & Darian Phillips report.

Boeing Announces $25 Billion Bond Sale After Posting Two Consecutive Quarterly Losses

Fri, 01 May 2020 09:00:00 +0000

An additional 4 million Americans filed for jobless benefits; Gilead expects to have more than 140,000 treatment courses by the end of May; Amazon sees a 26% increase in revenue; U.S. intelligence agencies investigate Wuhan laboratories; Simran Sandhu & Darian Phillips report.

U.S. GDP Marks The Largest Decline Since 2008

Thu, 30 Apr 2020 09:00:00 +0000

Gilead's drug, Remdesivir, shows positive results in a recent clinical trial; Facebook reports a $17.7 billion increase in revenue; Microsoft generated $10.75 billion in net profit; Tesla shocks investors with first-quarter profits; Simran Sandhu & Darian Phillips report.

President Trump Orders Meat Processing Plants To Remain Open

Wed, 29 Apr 2020 09:00:00 +0000

Ford reports $2 billion in net losses for Q1; Starbucks experiences in-store sales decline for the first time in 11 years; Simon property plans to reopen 49 locations; Hillary Clinton endorses Joe Biden; Simran Sandhu & Darian Phillips report.

Trump Administration Intends To Send Each State Enough Tests To Cover 2% Of Their Population

Tue, 28 Apr 2020 09:00:00 +0000

CVS and UPS delivering prescriptions via drones to a Florida retirement community; Detroit carmakers expect to resume production on May 18th; Curbside pickups at retail stores surge by 208%; Optum plans to acquire mental health provider, AbleTo; Simran Sandhu & Darian Phillips report.

U.S. Federal Reserve Announces Plan To Remove Bank Withdrawal Restrictions

Mon, 27 Apr 2020 09:00:00 +0000

Futures on all major U.S. indexes fall; Tesla resumes unauthorized production; IRS asks thousands of workers to return to work; President Trump squanders rumors regarding Alex Azar removal; Simran Sandhu & Darian Phillips report.

Special Guest: Dave Fagan, Union Executive, Local 150

Fri, 24 Apr 2020 16:31:12 +0000

Interview with Dave Fagan from the Local 150 Union; Darian Phillips reports.

2020 NFL Draft Begins With Joe Burrow As First Pick

Fri, 24 Apr 2020 09:00:00 +0000

House approves a $484 billion aid package; U.S. added 4.4 million jobless claims this past week; President Trump plans to extend social distancing guidelines; Supreme Court votes in favor of deporting lawful immigrants with criminal records; Simran Sandhu & Darian Phillips report.

Facebook Makes $5.7 Billion Investment In Reliance Jio

Thu, 23 Apr 2020 09:00:00 +0000

Hydroxychloroquine proves ineffective in recent analysis; Hospitals and clinics resume delayed procedures; U.S. stocks rise after two-day fall; Delta Airlines reports first loss in five years; Simran Sandhu & Darian Phillips report.

Senate Passes An Additional $484 Billion Aid Package For Small Businesses And Hospitals

Wed, 22 Apr 2020 09:00:00 +0000

President Trump plans to prohibit immigration for the next 60 days; Netflix attracts 16 million new subscribers; Snapchat's Q1 earnings increase by 44%; Virgin Australia engages in bankruptcy administration; Rob Gronkowski traded to the Tampa Bay Buccaneers; Simran Sandhu & Darian Phillips report.

U.S. Crude Oil Prices Reach Historic Lows Due To Lack Of Storage Capacity

Tue, 21 Apr 2020 09:00:00 +0000

United Airlines warns investors of a $2.1 billion loss in earnings; Unemployment claims exhaust state trust funds; Fandango buys Vudu; New Michael Jordan documentary attracts millions of viewers; Simran Sandhu & Darian Phillips report.

Joe Biden Wins Wyoming Democratic Caucus Via Mail-In Voting

Mon, 20 Apr 2020 09:00:00 +0000

Treasury secretary and congressional leadership work on additional aid programs; 740,000+ confirmed Coronavirus cases and 40,000+ deaths in the U.S.; Ford Motor Company raises $8 billion in debt financing; Simran Sandhu & Darian Phillips report.

Gilead's Experimental Drug Exhibits Early Signs Of Improvement

Fri, 17 Apr 2020 09:00:00 +0000

Boeing resumes production of wide-body commercial jetliners; GE & Ford sign a $336 million contract to produce ventilators; Robinhood seeks to raise $250 million in funding; Simran Sandhu & Darian Phillips report.

California Announces $125 Million Fund For Illegal Immigrants

Thu, 16 Apr 2020 09:00:00 +0000

World Health Organization criticizes U.S. decision to halt funding; All major U.S. indexes down 1.5-2%; Crude oil prices hit 18-year low; Simran Sandhu & Darian Phillips report.

President Trump Halts U.S. Funding To The World Health Organization

Wed, 15 Apr 2020 10:43:57 +0000

Airbnb raises another $1 billion; Big bank stocks experience sharp decline in quarterly earnings; J.C. Penney considers bankruptcy protection; International Monetary Fund expects the global economy to contract 3%; Simran Sandhu & Darian Phillips report.

Amazon Withdraws Restriction On Third-Party Sellers Shipping Nonessential Items

Tue, 14 Apr 2020 09:00:00 +0000

The Walt Disney Co. furloughs 43,000 workers; 2020 census expected to be delayed by 120 days; House won't return to Washington until at least May 4th; Simran Sandhu & Darian Phillips report.

23 Countries Reach Agreement On Oil Production Cuts

Mon, 13 Apr 2020 09:00:00 +0000

Q1 earnings reports begin this week; Medical supply companies ask for the removal of tariffs on essential inputs; Airline industry seeks to renegotiate contingencies in stimulus package; Simran Sandhu & Darian Phillips report.

Special Guest: President Gregory Hess, Wabash College

Fri, 10 Apr 2020 09:00:00 +0000

Debt escalates for both public and private sectors; FED offers further aid to small businesses; State Farm cuts $2 billion in premiums; Saudi Arabia and Russia agree in principle over production cuts; U.S. stocks finish their best week since 1974; Simran Sandhu and Darian Phillips report.

Bernie Sanders Drops Out Of 2020 Presidential Race

Thu, 09 Apr 2020 09:00:00 +0000

U.S. Coronavirus infections exceed 420,000; U.S. bans mask and glove exports for the next 4 months; Democrats block GOP proposal; All major U.S. stock indexes rise; Simran Sandhu & Darian Phillips report.

U.S. Expected to Block Iran's Request For A Multibillion Dollar Loan From The I.M.F.

Wed, 08 Apr 2020 09:00:00 +0000

Foursquare merges with Factual; Jack Dorsey donates $1 billion to COVID-19 relief and other charitable causes; Fannie Mae and Freddie Mac unlikely to provide aid to the mortgage industry; Simran Sandhu & Darian Phillips report.

Loan Restrictions From Big Banks Pose Challenges for Small Businesses

Tue, 07 Apr 2020 09:00:00 +0000

All major U.S. indexes up 7%; FED plans further funding for small businesses; JP Morgan CEO anticipates a large recession; Meat factories grapple with Covid-19 concerns; Simran Sandhu & Darian Phillips report.

Airlines Cut 90% of Flights to New York City Amid Coronavirus

Mon, 06 Apr 2020 09:00:00 +0000

Jeff Bezos donates $100 Million to Feeding America; Tiger at Bronx Zoo tests positive for Coronavirus; OPEC hosts a virtual meeting with Canada and Russia this week; Simran Sandhu & Darian Phillips report.

U.S. Unemployment Claims Officially Exceed 6.6 Million

Fri, 03 Apr 2020 08:51:30 +0000

Loans available to small businesses; Crude oil prices rise 25% in one day; Dow Jones, Nasdaq, and S&P 500 rise roughly 2%; Unemployment claims double in the past two weeks and rise to 6.6 million; Simran Sandhu & Darian Phillips report.

Federal Reserve Assists Large Banks In Reaching Additional Capital

Thu, 02 Apr 2020 09:00:00 +0000

Oil companies unsure regarding potential government aid; Fourth stimulus package considers supporting America's infrastructure; Tensions rise between the U.S. and Iran; FTC sues Altria, one of the largest tobacco companies; Simran Sandhu & Darian Phillips report.

Stocks Conclude Their Worst Quarter Since The Great Recession

Wed, 01 Apr 2020 09:00:00 +0000

All major U.S. indexes fall roughly 1-2%; Xerox withdraws its hostile takeover bid for HP; Facial recognition technology gains ground in Washington; Simran Sandhu & Darian Phillips report.

U.S. Department of Justice Investigates Lawmakers Regarding Potential Insider Trading

Tue, 31 Mar 2020 09:00:00 +0000

Government commits to sending stimulus payments within the next 3 weeks; U.S. indexes rise, but crude oil prices decline to their lowest point in 18 years; Stock investors shift toward the corporate bond market; Senator Burr is investigated for possible insider trading; Simran Sandhu & Darian Phillips report.

President Trump Extends Social Distancing Guidelines To The End of April

Mon, 30 Mar 2020 09:00:00 +0000

Social distancing guidelines extended until April 30th; Over 2,400+ Coronavirus related deaths in the United States; Pandemic spurs the fastest reallocation of labor since World War 2; Indianapolis 500 postponed until August; Simran Sandhu & Darian Phillips report.

G-20 Members Commit To Spending $5 Trillion To Aid Global Economy

Fri, 27 Mar 2020 09:00:00 +0000

The shortest bear market in Dow Jones history officially ends; Millions apply for unemployment benefits in the United States; G-20 members come to a multi-trillion dollar agreement; Venezuelan leader is charged with drug trafficking by the United States; Simran Sandhu & Darian Phillips report.

Senate Unanimously Approves Roughly $2 Trillion Relief Package

Thu, 26 Mar 2020 09:00:00 +0000

Airline and energy stocks fuel consecutive gains for the Dow Jones and S&P 500; Coronavirus stimulus package approved in the Senate; Neiman Marcus evaluates potential bankruptcy to offload its $4.3 billion debt; Simran Sandhu & Darian Phillips report.

Dow Jones Leaps To Its Largest One-Day Gain In Nearly 90 Years

Wed, 25 Mar 2020 09:00:00 +0000

Congress is closing on a potential deal for the Coronavirus relief package; All three major U.S. indexes surge by at least 8%; U.S. officials recommend anyone leaving New York to self-quarantine for 14 days; Tokyo Olympics postponed; Simran Sandhu & Darian Phillips report.

Federal Reserve Intervenes To Support Struggling Markets

Tue, 24 Mar 2020 09:00:00 +0000

Dow Jones, Nasdaq, and S&P 500 fall after the second failed attempt at passing a Coronavirus relief package; Big retailers intend on hiring 500,000 workers. Trump Administration considers easing restrictions on social-distancing; Simran Sandhu & Darian Phillips report.

Coronavirus Stimulus Package Endures A Setback In The Senate

Mon, 23 Mar 2020 09:00:00 +0000

Markets and crude oil prices fall; Airlines use idle planes for cargo shipping; Jails release low-level offender inmates; Todd Gurley signs with the Falcons; Simran Sandhu & Darian Phillips report.

U.S. Oil Prices Experience Their Largest One-Day Percentage Gain

Fri, 20 Mar 2020 21:11:58 +0000

Federal Reserve commits to buying at least $500 billion in government bonds; U.S. crude oil prices increase by roughly 25%; U.S. implements three new rounds of sanctions on Iran; Simran Sandhu & Darian Phillips report.

House's Coronavirus Relief Bill Passes In The Senate

Thu, 19 Mar 2020 09:00:00 +0000

Dow Jones sinks by over 6% and crude oil prices continue to fall; NYSE moves to electronic trading; Trump administration seeks safety net for the $4 trillion money-market mutual fund industry. Joe Biden wins primaries in Florida, Illinois, and Arizona; Simran Sandhu & Darian Phillips report.

Markets Rally As Trump Administration Proposes Roughly Trillion Dollar Stimulus Package

Wed, 18 Mar 2020 09:00:00 +0000

Stocks and Treasury yields rise sharply amid news of potential White House stimulus package; Retail sales drop 50 basis points; SoftBank reneges on WeWork bailout plan; Tom Brady leaves the Patriots; Simran Sandhu & Darian Phillips Report.

Airport Travelers Stuck In Hours-Long Lines Due To Coronavirus Screening

Mon, 16 Mar 2020 13:38:58 +0000

Long lines in airports; Travel ban extended to UK and Ireland; Debate between former Vice President Joe Biden and Senator Bernie Sanders. NFLPA announces new rules; Simran Sandhu & Darian Phillips report.

Global Sports Brought to an Abrupt Halt as Coronavirus Infections Rise

Fri, 13 Mar 2020 09:00:00 +0000

NCAA cancels March Madness; Broadway & Disneyland closed; US & European stocks suffer heavy losses; Simran Sandhu & Isaiah Mears report

Nationwide School Cancellations Amid Coronavirus

Thu, 12 Mar 2020 09:00:00 +0000

Dow Jones goes into a bear market, US bans travel, and NBA suspends season due to coronavirus concerns. Simran Sandhu & Isaiah Mears report.

Global Panic Incentivizes Governments to Implement Stimulus Tools

Wed, 11 Mar 2020 17:43:26 +0000

The number of global Coronavirus cases rise, PepsiCo acquires Rockstar, and Joe Biden picks up a key win in Michigan. Simran Sandhu reports.

Market Turmoil Continues and Tensions Flare on Capitol Hill

Tue, 10 Mar 2020 10:00:00 +0000

Markets reach a new low since the 2008 financial crisis. Massive selloff briefly halts trading, Aon pursues plans to acquire Willis Towers Watson, and President Trump shares plan to combat the economic downturn resulting from coronavirus. Simran Sandhu & Darian Phillips report.

Treasury Yields, Equities, and Oil Take a Hit as Coronavirus Escalates

Mon, 09 Mar 2020 16:18:12 +0000

Stocks, treasury yields, and oil fall, while gold prices rise as coronavirus spreads globally. The Sanders campaign focuses on Michigan, as the Biden campaign continues to flourish after their recent Kamala Harris endorsement. Simran Sandhu & Darian Phillips report.

Welcome to the Five Minute Drill!

Tue, 03 Mar 2020 04:01:55 +0000

As you wrap up your morning routine and frantically work your way out the door, don’t worry about scrolling through your cluttered email to find that newsletter you subscribed to.

Short, sweet (humorous) and to the point. UpFive Media’s 5-minute drill delivers you headline news at your convenience.