The stock market had its worst day since the first American case of COVID-19 was detected back in March. The market tailspin on Thursday came as concerns grow about a second wave of coronavirus cases and as the Federal Reserve forecasts an unsettling economic outlook.
Although the global economy has slowed down considerably since the beginning of the year, there are still some companies that are managing to overcome the market. Here are 5 top tech stocks that look like a promising investment for this year. Some of these companies are included...
On Monday, Japanese multinational conglomerate SoftBank Group announced that Board Director Jack Ma would be stepping down, effective June 25th. This decision comes as SoftBank reports historic losses. Stepping Down and Stepping Back Jack Ma, founder of e-commerce behemoth Alibaba, has...
The United Kingdom has decided to restart its housing market this Wednesday, lifting restrictions on moving and real estate tours. Participants will be required to adhere to specific safety measures, including strict physical distancing regulations. Housing Market Hit Hard by Covid-19
During the first quarter of 2020, the US economy contracted by 4.8 percent on an annualized basis, the worst contraction since 2008. In total, 30 million Americans have filed for unemployment in the US over the past six months, a rate comparable to Great Depression levels....
What Does A Negative Price Mean? For the first time in US history, benchmark US crude oil prices traded in the negative. In practice, this means that those in the market were basically paying each other to take oil off their hands. This historic...
On Friday, New York Governor Andrew Cuomo discussed what an economic recovery might look like following the current downturn caused by the COVID-19 pandemic. He emphasized that it will not be a sudden change and that testing for the coronavirus will be a huge part of getting...
Senior Cabinet members have agreed to new restrictions on Huawei Technologies’ global supply of chips. Huawei is a telecommunications equipment company based in Shenzhen, Guangdong, China, which sells smartphones and home electronic goods, but also has a contentious relationship with the U.S. government. There is a lot...
A business (also known as an enterprise, a company or a firm) is an organizational entity involved in the provision of goods and services to consumers.Businesses serve as a form of economic activity, and are prevalent in capitalist economies, where most of them are privately owned and provide goods...
A business (also known as an enterprise, a company or a firm) is an organizational entity involved in the provision of goods and services to consumers.Businesses serve as a form of economic activity, and are prevalent in capitalist economies, where most of them are privately owned and provide goods...
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