The surging U.S. savings rate means the country can afford to support Americans laid off due to the coronavirus pandemic, while a “hard” lockdown could deliver a faster economic recovery,
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Thailand’s Only Exchange-Traded School Cuts Enrollment Target
Thailand’s only exchange-listed school operator will fall short of its target enrollment in the new academic year as the coronavirus crimped foreign recruitment, though SISB Pcl has nearly met its
Continue reading »Risk of delayed, disputed election results looms over market rally
Where to put your money if Biden wins the election FOX Business’ Lauren Simonetti breaks down where to invest your money based on presidential election results. President Trump linked his
Continue reading »Apple leapfrogs Saudi Aramco now world's biggest company
Apple hits all-time high on blowout earnings, stock split FOX Business’ Susan Li breaks down the big week for the big tech companies including Apple and Facebook, Tim Cook’s economic
Continue reading »United Airlines Director Sells $5.25 Million in Holdings as Travel Plummets
A director of United Airlines Holdings Inc. liquidated all of his directly owned shares in the company as the carrier struggles with a devastating decline in travel because of the
Continue reading »SFO Charges Airbus Unit, Three Individuals in Saudi Probe
The U.K.’s Serious Fraud Office charged a unit of Airbus SE and three individuals as part of its investigation into allegations of corruption in Saudi Arabia. GPT Special Project Management
Continue reading »U.S. Economy Shrinks at Record 32.9% Pace in Second Quarter
In this article The U.S. economy suffered its sharpest downturn since at least the 1940s in the second quarter, highlighting how the pandemic has ravaged businesses across the country and
Continue reading »Historic second-quarter GDP report will show how hard the economy crashed in virus shutdowns
Economists expect a 34.7% decline in second-quarter gross domestic product, an unprecedented and rapid drop. The economy suffered a huge hit across the board, but economists say it was the
Continue reading »Gold Futures Extend Gains To 9th Straight Session
Gold futures settled higher on Wednesday, extending gains to a ninth consecutive session, thanks to continued safe-haven demand amid the relentless surge in coronavirus cases across the world. The dollar’s
Continue reading »Kodak Stock Surge Attracts 43,000 Robinhood Traders in 24 Hours
Robinhood day traders swarmed to Eastman Kodak Co. shares as the stock rallied 1,600% this week. As of 11 a.m. in New York on Wednesday, 43,000 users of the investing
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