Here are five things you should know for Thursday, July 30: 1. – The point of futures of actions lowers considerably Shares plummeted on Thursday after the Federal Reserve issued a bleak outlook for the US economy and pledged its continued support, and the largest and most powerful tech companies …
Read More »Cramer says Trump’s suggestion of electoral delay ‘wreaks havoc and mayhem is bad for the stock market’
CNBC’s Jim Cramer said Thursday morning’s tweet by President Donald Trump suggesting that delaying the November election could cause problems for capital investors. “It sows chaos, and chaos is bad for the stock market,” Cramer said in “Squawk on the Street.” Dow futures extended their decline slightly in the wake …
Read More »US Second Quarter GDP Dropped a Record 32.9%
The US economy experienced the largest decline in activity it has ever seen in the second quarter, although it was not as bad as feared. Gross domestic product from April to June fell 32.9%, according to the Commerce Department’s first reading of data released Thursday. Economists surveyed by Dow Jones …
Read More »Procter & Gamble (PG) Fourth Quarter 2020 Earnings
Detailed view of Charmin toilet paper rolls in a domestic home, San Ramón, California, March 25, 2020. Smith Collection | Gado fake pictures Procter & Gamble reported strong quarterly revenue growth on Thursday as consumers trapped in their homes bought more Tide laundry detergent and Mr. The company’s shares rose …
Read More »Volkswagen records a loss of $ 940 million in the first half and cuts dividends
A car assembly line worker wears a protective face mask when Volkswagen AG (VW) restarts production at its headquarters factory in Wolfsburg, Germany, Monday, April 27, 2020. Volkswagen is restarting production at its plant. Auto Industry Wolfsburg, the world’s largest, with A group of labor leaders warned that the political …
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