CBOE VIX spikes to highest since 2008 in manic Monday trading

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CBOE VIX spikes to highest since 2008 in manic Monday trading

By Yakob Peterseil The Cboe Volatility Index surged to the highest since 2008 on Monday as a plunge in oil prices frazzled traders already on edge over the coronavirus. The VIX, which measures the 30-day implied volatility of the S&P 500 based on …
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New York City billionaire may want to build paper bag factory in Syracuse area (report)

Syracuse, N.Y. — A New York City billionaire and major opponent of the state’s plastic bag ban wants to build a paper bag factory somewhere in Upstate New York and he’s reached out to a local group for help. John Catsimatidis sent a letter about the …
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Pound-Canadian Dollar at Best Rate since 2018 on Oil Price Plunge

Oil price slump bites CAD – Can get weaker says strategist – GBP/CAD spiked to 1.80 earlier in the day – Oil prices can fall to $25 say MUFG. oil price slump and CAD. Image © Adobe Stock. – GBP/CAD spot: 1.7817, +1.84 – Bank transfer rates: 1.7209-1.7334
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FDA warns televangelist Jim Bakker and six others to stop selling fraudulent coronavirus products

The FDA has issued warning letters to seven companies for reportedly selling fraudulent coronavirus treatment products. The products at the center of the warning letters include teas, essential oils, tinctures and colloidal silver. GP: FDA Nominee Stephen …
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Royal Caribbean Leads Cruise Lines Lower on Government Travel Warning

Royal Caribbean Cruises (RCL) – Get Report was leading cruise lines into a sea of red ink Monday as the government advised travelers to stay away from the battered sector in light of the spreading coronavirus outbreak. Shares of Royal Caribbean were …
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