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 ...
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...
Multiple news outlets reported on Tuesday that Uber Technologies (UBER) has made a move towards acquiring GrubHub Inc (GRUB), an online food delivery company. Final conclusions are yet to be made as t...
In April, some US governors declared their plans to reopen their states amid the coronavirus pandemic. These states include Connecticut, Delaware, Massachusetts, New Jersey, Pennsylvania, and Rhode Is...