22 Aug 2020 SAN FRANCISCO Editor’s note: Some of our covid-19 coverage is free to readers of The Economist Today, our daily newsletter. See our hub for more stories and our pandemic tracker THE IPO is dead, live the IPO. When the pandemic hit in March, initial public offerings, particularly …
Read More »Mortgage rates expected for rest of 2020
Mortgage rates are currently at or near record lows, but they could fall further. Check out this mortgage rate forecast to learn more. (iStock) With coronavirus sending the US into a recession and causing record unemployment, the Fed set benchmark interest rates close to zero to support the economy – …
Read More »Milwaukee restaurant receives first mask mandate quotes, more than $ 1K in fines, says report
The city of Milwaukee provided masks to COVID-19 at the end of July and have now sent a warning to 18 companies and issued their first three quotes. TMJ4 news partners the Milwaukee Business Journal reported that Walker’s Point restaurant Fiesta Café received three of the quotes, each for $ …
Read More »Uber and Lyft are not actually stopping operations in California, according to the court ruling
Uber and Lyft have been battling with state regulators for more than a year over driver classification. Angela Lang / CNET Lyft and Uber will not suspend their ride-hilling services in California on Thursday at midnight after a state appeals court decision in their favor regarding an injunction against the …
Read More »Tesla’s share hits $ 2,000 as bulls run wild, zero of market cap in at $ 400B
Tesla (TSLA) extended its rally on Thursday, deciding above $ 2000 per share, setting a new record high ahead of an expected 5 to 1 share split, and its recent inclusion in the S&P 500 Index (GSPC). The share for eco-friendly car manufacturers, currently one of the most expensive on …
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