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Jay Siebold

Technical Director, Marketplace Morning Report

Latest from Jay Siebold

  • Mar 20, 2020

    Hiring and sick leave at one of the largest private employers

    Two thousand people have already signed on to work at Kroger. CEO Rodney McMullen says many are coming from industries already hit by the downturn.
    Gregory Shamus/Getty Images

    Supermarket chain Kroger is hiring 10,000 people. Goldman Sachs predicts first-time unemployment claims will soar to 2.25 million. The White House wants $50 billion to help U.S. airlines stay alive, and another $150 billion for other distressed industries.

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  • Mar 20, 2020

    Italy calls on retired medics to bolster hospitals

    Health workers at a field hospital in Italy.
    Massimo Bertolini/NurPhoto via Getty Images

    More than 8% of COVID-19 cases in Italy are among health care workers. European shares rise as oil prices rally. Germany considers a $540 billion emergency business support fund. Slack workers try out a virtual pub quiz.

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  • Mar 19, 2020

    COVID-19 drives unemployment claims up

    Many more people than expected signed up for unemployment benefits last week.
    David McNew/Getty Images

    There were 281,000 more people who signed up for unemployment benefits last week. The big three Detroit automakers say they’re shutting down factories until at least March 30. The cities and states putting temporary holds on evictions.

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  • Mar 19, 2020

    Keeping money market funds safe

    The Fed is trying to be sure that money market funds have plenty of money.
    Mark Wilson/Getty Images

    The Fed offers emergency loans to what are considered low-risk money market mutual funds, and why that’s important. An early measure of layoffs during COVID-19. Price discrimination in the age of coronavirus.

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  • Mar 19, 2020

    European Central Bank pledges “no limits” to bolster economies

    Christine Lagarde, president of the European Central Bank, speaks to the media at the ECB headquarters in Frankfurt, Germany.
    Thomas Lohnes/Getty Images

    The European Central Bank will buy government and company debt across the eurozone, including that of Greece and Italy. The British pound is at a 30-year low against the U.S. dollar. A bar turns to at-home wine tasting.

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  • Mar 18, 2020

    Paying taxes, postponed

    The top of a form 1040 individual income tax return.
    Tim Boyle/Getty Images

    Crude oil at its lowest point in 17 years. A penalty-free, interest-free delay on paying taxes you owe to the federal government. Partial, rotating factory shutdowns for U.S. automakers. How homeless shelters are handling social distancing.

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  • Mar 18, 2020

    $1 trillion to cushion the economy

    Sending checks to most American households is a major component of the economic stimulus bill.
    Drew Angerer/Getty Images

    The White House’s plan to send money directly to Americans to soften the economic blow from COVID-19: How would it work? Businesses in London finding it harder to “keep calm and carry on.”

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  • Mar 18, 2020

    Can the internet cope with a working from home surge?

    Can the internet cope with a working from home surge?

    As more people use their home offices, broadband networks face greater demand. Investors are still wary, even after lots of government stimulus. Keeping calm and carrying on is getting harder for British restaurants.

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  • Mar 17, 2020

    An airline bailout ahead?

    The airline industry is seeking government aid amid the COVID-19 outbreak crisis.
    Andreas Gebert/Getty Images

    Will what happened to automakers 10 years ago now happen to airlines? A new economic stimulus package under discussion. The logistics challenges that grocery stores are trying to fix. What COVID-19 has done to investment portfolios, and how to proceed.

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  • Mar 17, 2020

    Don’t panic over the Dow’s drop

    On Monday, the Dow Jones Industrial Average had its second-biggest drop in history percentage-wise.
    Spencer Platt/Getty Images

    Taking a critical look at your investments during this continued market turmoil. Amazon announces it will hire an additional 100,000 workers. Why hackers like all this working from home.

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