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...
Facebook (FB) CEO Mark Zuckerberg on Tuesday announced the new Facebook feature, ‘Facebook Shops’, this would allow businesses to easily list their products for sale on both Facebook and Instagram...
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 ...
Since DraftKings went public in April, its shares have jumped 50% with a lot of online gambling activities, from video games to charity golf match, table tennis, and Korean baseball.The daily fantasy ...
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...
While many banks have signaled that they would pay out dividends to investors regardless of the coronavirus crisis, analysts at Keefee, Bruyette & Woods have come out to say that there were “21 ...
Warren Buffett and Berkshire (BRK-A and BRK.B) have left a lot of investors confused about the state of investing in these times. About a month ago the company sold off its major airline shares. Berk...
Moderna (MRNA) has successfully reported positive results from its phase-1 clinical trial of its Covid-19 vaccine candidate, mRNA-1273. It was led by the National Institutes of Health’s (NIH) Nation...