As the race for developing treatment and vaccines for the Covid-19 amongst pharmaceuticals, England-based AstraZeneca has developed a potential vaccine for the Covid-19. With the recent development of...
In a Friday report, the International Monetary Fund IMF said banks across the major nine global economies will struggle to generate profits for the next five years even as global economies recover. St...
On Wednesday, L Brands (LB) reported its third straight quarterly loss and fourth consecutive drop in sales, with its net sales decreased by 37% to $1.65 and stores shut, as a result of the coronaviru...
The housing market has once again been hit hard by coronavirus; probably the worst yet, since the 2001 housing crisis.According to the National Association of Realtors, in the month of April, sales of...
The stock market continues to go up and people think things are back to normal. However, things are getting worse, the economic condition will continue to get worse as long as the unemployment rate co...
On Wednesday, the United State Senate passed a bill that could remove publicly listed Chinese companies from American stock exchanges. These companies would no longer be able to sell shares on any of ...
On Tuesdays, the Congressional Budget Office released its outlook for economic growth, federal budget, and the unemployment rate for the second quarter, as nearly 26 million Americans remain unemploye...
Saudi’s sovereign wealth fund, a Public Investment Fund (PIF) has acquired more than 5 million shares in Walt Disney at a value nearly $500 million. It has also purchased more than 3 million shares ...
Weekly Unemployment rateEffect of coronavirus on the economy 3 Mllion people filled for unemployment 36 million people now out of work due to the pandemic. As uncertainties about the fu...
On Monday, JCPenney announced that it paid a $4.5 million bonus to CEO Jill Soltau, and CFO Bill Wafford, Chief Merchant Michelle Wlazlo, and Chief Human Resources Office Brynn Evanson, each received ...