Unemployment checks set to return to pre-pandemic amounts The Senate has yet to unveil the next phase of their COVID-19 relief plan; economist Peter Morici reacts. Senate Republicans are discussing cutting
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How to appeal college financial aid decisions due to coronavirus
If your household income has changed, filing a financial aid appeal might be a smart move. (iStock) Most college students have already received their financial aid award letters for next
Continue reading »Yelp finds more than half of restaurants are permanently closed
Restaurants forced into takeout by coronavirus lose appeal of atmosphere: Zane Tankel Apple-Metro CEO and Chairman Zane Tankel on how coronavirus-hit restaurants are adapting and surviving. Restaurants are recovering from
Continue reading »Twitter’s user growth spikes amid COVID-19, but ad sales tank
Twitter reported its strongest-ever user growth as people took to the social network to chatter about the coronavirus, but its ad sales suffered. Shares of the San Francisco-based company spiked
Continue reading »Crypto Exchanges Suffering Major Outflows Even As Bitcoin Soars
Despite soaring prices for Bitcoin and other digital currencies, several crypto exchanges are experiencing major net capital outflows as allegations of fraud and manipulation create market volatility for the young
Continue reading »How Amazon $5 Billion In Prime Day Sales Could Fire Up Sales Growth
E-commerce leader Amazon.com Inc. (AMZN) is in the midst of its latest Prime Day sale, an event that may generate $5 billion of revenue, up 56% from $3.2 billion brought
Continue reading »Johnson & Johnson Stock Stays Below Risky Levels After Earnings Beat
Health care giant Johnson & Johnson (JNJ) beat earnings per share (EPS) estimates on July 16, but the stock stayed below its monthly and quarterly risky levels at $151.95 and
Continue reading »EU Leaders Agree On Landmark Coronavirus Recovery Package
EU leaders agreed on a EUR 1.8 trillion package of measures to tackle the exceptional nature of the economic and social situation posed by the coronavirus pandemic. After four days
Continue reading »Wells Fargo Stock Slumped on Earnings but Is Rebounding
Wells Fargo & Company (WFC) missed earnings per share (EPS) estimates in each of the past four quarters. The stock bottomed at $22.00 on May 13, but its weekly chart
Continue reading »Amazon’s Jeff Bezos net worth increases by $13B in one day
Amazon CEO Jeff Bezos added a record $13 billion to his fortune on Monday amid a coronavirus-fueled boom for his e-commerce empire. A 7.9 percent jump in Amazon’s stock price
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