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...
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 ...
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 Thursday, chairman of Senate Intelligence Committee Sen. Richard Burr, R-N.C stepped aside as chairman after the FBI seized his cellphone as investigations of possible insider trading are ongoing. ...
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 ...
As the retail store faces bankruptcy threats, JCPenney has been in talks with major lenders to secure a $450 million “debtor in possession” (DIP) loan to keep the company afloat. The DIP loan is s...
As many states in the US reopen and explore more ways to ensure precautionary measures such as social distancing and the use of face masks, experts are concerned that there could be an increase in inf...
The House Democrats presented a $3 trillion coronavirus pandemic relief to the House on Tuesday. The relief package is meant to serve as second-round support to provide financial aid to American citiz...
As part of the government’s strategy to salvage the US economy during the coronavirus pandemic, the Federal Reserve has introduced a bond ETFs program. The program is aimed at supporting credit flow...