The question about how money is created in the US comes up a lot. This is because many people wonder why a country that produces its own money would still be in debt. One thing is certain, the Treasur...
Senate Majority Leader Mitch McConnell on Wednesday said the next coronavirus bill will not include enhanced unemployment insurance as the pandemic continues to ravage the US economy. In a call with G...
On May 15, the bill for Second Stimulus Check and Hazard for Essential Workers was successfully passed by the House. This happened in spite of the Republican-led Senate objecting the move of pumping m...
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...
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 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 ...
Due to shortages of meat, Wendy’s (WEN) has been forced to take burgers off the menu in some restaurants, due to the coronavirus pandemic. This decision was a ‘hard pill’ for Wendy’s to swallo...
While other daring investors Michael Burry thinks that investing in stocks in spite of the current market situation is worth the risk, other investors like Charlie Munger are of the opinion now may no...
The airline industry is one of the most hit industries in the coronavirus pandemic. As a result of the pandemic and lockdowns spread across the world, many airline companies had to forcefully shut dow...