Billionaire Mark Cuban told CNBC on Monday that the stock market rebound from its coronavirus-driven low in late March reminds him of the dot-com bubble of the 1990s. “In some ways, it is different because of the Federal Reserve and the liquidity that they have introduced and the inflation of …
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The European Union is fighting a savage recession brought on by the coronavirus pandemic, and the worst-hit countries like Italy and Spain urgently need new economic relief worth hundreds of billions of dollars. But so far the deal has been thwarted by deep divisions about the overall size of the …
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Eric Jing, CEO of Ant Financial Bobby Yip | Reuters Chinese financial technology firm Ant Group has begun the process of a concurrent initial public offering in Shanghai and Hong Kong. Ant, a subsidiary of e-commerce giant Alibaba, said Monday it would list its shares on both the STAR of …
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WASHINGTON (Reuters) – During a blue sky moment in 2018 near the end of a decade-long economic expansion, it was the United States that helped propel the world as additional cash from tax cuts and spending by the government flowed through national funds and global markets FILE PHOTO: A 3D …
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A chart is shown showing the areas of Melbourne that will need to be closed as Victorian Prime Minister Daniel Andrews speaks to the media on July 7, 2020 in Melbourne, Australia. Darrian Traynor | fake pictures Australia will reveal its first economic and fiscal update since the coronavirus outbreak …
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