The number of Americans applying for unemployment benefits increased more than expected last week, as the coronavirus pandemic continues to affect the US economy. The Labor Department said Thursday that initial jobless claims increased by 1.416 million for the week ending July 18. Economists surveyed by Dow Jones expected initial …
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An oceanfront residence is seen in East Hampton, New York. Jeffrey Basinger | Reuters According to a new report, home prices in the Hamptons hit new records as wealthy New Yorkers fled the city’s Covid-19 trouble over the beach. According to a report by Miller Samuel and Douglas Elliman, the …
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The growing tensions between the US and China are refocused after the State Department ordered the closure of the Chinese consulate in Houston due to intellectual property and privacy concerns. The tension outbreaks could last another decade, warns Mark Tepper, president of Strategic Wealth Partners. He adds that two popular …
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The planes are parked on runway 28 of the Pittsburgh International Airport on March 27, 2020 in Pittsburgh, Pennsylvania. Jeff Swensen | Getty Imageas American Airlines on Thursday posted a net loss of $ 2.1 billion in the second quarter, the latest airline to describe financial damage to demand for …
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Valdis Dombrovskis John Thys | AFP | fake pictures Strict financial regulations in Europe, known as Mifid II, have been in place for more than two years, but the change is just around the corner. The European Commission, the EU’s executive arm, will announce adjustments on Friday to its Financial …
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