When the COVID-19 pandemic recently broke out in the US, a few pharmaceuticals took it upon themselves to develop a vaccine or treatment for the coronavirus, and Gilead Sciences was one of the fore-ru...
Thanks to technology and digitalization, stock market investors and traders no longer have to physically gather themselves at a stock exchange to read market quotes or trade. The whole process has bee...
Tesla stock (TSLA) was up by as much as 80 dollars after the company's earnings report was released today. The stock had a great run before the coronavirus selloff knocked it down back to around...
With China on the verge of reopening the coronavirus hotspot city of Wuhan, Covid-19 infection cases continue to surge globally. As of Wednesday, the number of confirmed global cases is 510,000 and mo...
Even as the coronavirus pandemic hits the market and causes many stocks to plunge, the 'big short' investor, Michael Burry is not disturbed by the turn of events in the stock market. “I have had a s...
The past few weeks/days have been quite terrible for the stocks market as many companies’ stocks have performed their worst recently, and the entire stock market plunged. Only a few days ago the Dow...
Like all other sectors of the economy, the housing sector continues to weaken as coronavirus threats continue to increase. The US homebuilding experienced a sharp drop in February following a decline ...
Quantitative easing (QE) is an economic strategy—monetary policy, wherein, the central bank deliberately buys financial assets or government bonds in large amounts to pump money directly into the ec...
FactsThe Great Depression started in September 1929 and it lasted till the 1930s. It was also the worst economic decline of the 20th century.The effect of the wake of the 1929 economic decline resulte...
Time Period: December 2007 - June 2009Duration: 18 monthsGlobal GDP: -5.1%Global Unemployment Rate: 10%Similar Instance: The 1930s Great DepressionThe Great Recession was an economic decline era which...