Legendary hedge fund manager Ray Dalio said the stability of the US dollar is threatened as tensions between Beijing and Washington could lead to a “capital war.” In an interview with Fox Business, Dalio said that if the US government prohibits investments in China or withholds payments on Chinese debt …
Read More »European travel stocks sink into second wave fears
Shares in the European tourism sector sank on Monday morning when investors became anxious about a surge in coronavirus cases in the region. The top sixteen travel and leisure stocks in Europe fell more than 3% in the first hour of trading, with Tui, easyJet and International Airlines Group, the …
Read More »China’s industrial earnings growth accelerates, signs of strong economic recovery
BEIJING (Reuters) – China’s industrial companies’ profits rose for the second consecutive month and at the fastest pace in more than a year, adding to signs that the country’s economic recovery from the coronavirus crisis is winning impulse. FILE PHOTO: A worker welds a steel bicycle tire at a factory …
Read More »Major General Juan Ayala says about SA’s economy amid the COVID-19 pandemic
SAN ANTONIO – As coronavirus cases continue to reach daily rates in San Antonio and Bexar County, the pandemic continues to have an impact on the local economy. Maj. Gen. Juan Ayala, acting president and CEO of the San Antonio Hispanic Chamber of Commerce, joined Leading SA on Sunday to …
Read More »Details about the proposed $ 1,200 stimulus check, eligibility and time
Stimulus Check – US Government Check, Payment getty On Sunday morning, White House economic adviser Larry Kudlow provided some highly anticipated details on the second stimulus check, as well as other benefits that may be included in the Senate’s CARES 2 Act. The big question for many American minds, as …
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