The New York Stock Exchange (NYSE) is located in Lower Manhattan on May 18, 2020 in New York City. Markets increased today as promising details of a possible COVID-19 vaccine were released and more European countries were gradually reopened after months of closure. Spencer Platt | fake pictures This is …
Read More »Weekly unemployment claims in the United States total 1.48 million, compared to an estimated 1.35 million
Unemployment claims totaled 1.48 million last week as unemployment related to the coronavirus pandemic remained stubbornly high, though those who received benefits fell below 20 million for the first time in two months. Economists surveyed by Dow Jones expected 1.35 million claims. While the weekly figures remained high and were …
Read More »Biden leads Trump in all matters except economy, according to CNBC All-America poll
Democratic presidential candidate and former Vice President Joe Biden listens as he meets with local residents at Carlette’s Hideaway sports bar during a campaign stop in Yeadon, Pennsylvania, the United States, on June 17, 2020. Jonathan Ernst | Reuters Vice President Joe Biden jumped to a 9-point lead over President …
Read More »Stocks depleted by increased coronaviruses, sadness of recession
LONDON / SINGAPORE (Reuters) – Global stocks plummeted to their lowest level in more than a week on Thursday, due to an increase in US coronavirus cases. USA And an IMF warning of a nearly 5% drop in the world economy this year again. FILE PHOTO: An SGX sign is …
Read More »Wirecard filed for insolvency after a devastating scandal in which $ 2 billion went missing and its former CEO was arrested.
CHRISTOF STACHE / Getty Wirecard, a valuable German financial technology firm, filed for bankruptcy on Thursday as it battles a major accounting scandal. According to auditors, more than $ 2 billion disappeared from the company’s balance sheet, and Wirecard later admitted that the money never existed. In a statement Thursday, …
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