Charles Zhengyao Lu, President and Founder of Luckin Coffee, and Jenny Qian Zhiya, CEO of Luckin Coffee, ringing the opening bell during the company’s Initial Public Offering (IPO) at Nasdaq in New York on May 17, 2019. Victor J. Blue | Bloomberg | fake pictures The Luckin Coffee fraud scandal …
Read More »
Christophe Barraud, chief economist at stockbroker Market Securities, has been rated Bloomberg’s most accurate forecaster of US economic data eight years in a row. He told Business Insider that the United States will not return to its fourth quarter 2019 GDP of 2.1% until at least 2022, and for some …
Read More »
The United States received good news Thursday with the rehiring of 4.9 million people in June, but the economy’s two steps forward in May and June could be followed by a step backward in July. The problem? A resurgence in coronavirus cases, especially in states that allowed their economies to …
Read More »
Tolga Akmen / Getty The chief economists at the Bank of England and the European Central Bank are indicating that it may be time to back off from injecting massive amounts of economic stimulus into the economies. Trade indicators seem to suggest that the world economies and the UK have …
Read More »
Getty Getty Second stimulus tests may be good news for many, but not necessarily if you have student loans. This is what you need to know. Second stimulus check If President Donald Trump has his way, a second stimulus check can be included in the next stimulus. While this is …
Read More »