Eastman Kodak was fired on Tuesday after President Donald Trump announced an agreement to work with the photography pioneer to produce ingredients in generic drugs in response to the coronavirus pandemic. Kodak shares soared over 60% in extended trading. The shares tripled during Tuesday’s regular exchange for its best day …
Read More »Dollar movement signals a new era of currency weakness as gold gains
The dollar has become the boxing bag of the world and is likely to remain that way for a time. The global reserve currency benefited greatly from a flight to security, which took it to a peak of three and a half years in March as the coronavirus pandemic spread …
Read More »Stock futures rise ahead of big week of gains, coronavirus stimulus in focus
A man in a mask walks the New York Stock Exchange (NYSE) on March 17, 2020 on Wall Street in New York City. Johannes Eisele | AFP | fake pictures US stock futures rose Sunday night as investors prepared for a big week of corporate earnings and lawmakers continued coronavirus …
Read More »Gold Rises to Record Levels as Tensions Increase Between the United States and China and Concerns About Coronavirus Increase
Leonhard Foeger | Reuters Gold prices rose to a record high on Friday as investors sought security in the precious metal amid mounting tensions between the United States and China and lingering fears about the coronavirus pandemic. The August metal futures contract rose 0.4% to hit $ 1,897.50 an ounce, …
Read More »Dow drops nearly 200 points after China retaliates by ordering Chengdu consulate closed
TOPLINE The market ended lower on Friday as high-tech stocks lagged, and stocks were hit as well after China retaliated for the closure of its consulate in Houston earlier this week by ordering States United that you close your consulate in Chengdu. Relations between the United States and China hit …
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