General
Kynikos Associates founder warns investors against ‘virus stocks’
Kynikos Associates founder Jim Chanos warns investors about the possible drop in stock value of what he called "virus stocks,"...
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China is underreporting COVID-19 cases, U.S. intelligence community says
A new report has revealed that the intelligence community told the White House that China and its government is purposely...
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The world economy is on ‘recession,’ says IMF chief
The COVID-19 has brought the global economy to a recession, International Monetary Fund (IMF) chief Kristalina Georgieva said Friday. However,...
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GM to cut 20% off pay of 69,000 employees amid promise to start production of critical-care ventilators
About 69,000 employees of General Motors worldwide will have their salary cut by 20% in an effort by the automaker...
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Trump signs $2 trillion coronavirus relief
President Donald Trump signed the $2 trillion coronavirus stimulus package on Friday, a law designed to provide relief to affected...
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GM announces the start of production of critical-care ventilators shortly after Trump’s tweets against CEO
General Motors and Washington-based Ventec Life Systems announced that efforts to begin production of critical-care ventilators are "already underway" and...
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$2 trillion coronavirus stimulus package passed by the House amid efforts to delay voting by Massie
After efforts of Rep. Thomas Massie, R-Ky, to delay the passage of the much awaited Coronavirus Stimulus Package, the House...
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Xi, Trump to work ‘closely together’ to fight against COVID-19
President Donald Trump has been in communication with Chinese President Xi Jinping as the two superpowers aim to work closely...
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Boeing CEO says he is confident that they will survive but seeks for $60 billion in government aid amid COVID-19 pandemic
Boeing CEO Dave Calhoun said that he is confident that the aeronautics company will survive the impacts of COVID-19 pandemic to...
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Dow loses everything it gained since Trump’s election
The coronavirus pandemic has pushed the Dow to a level below where the 30-stock index closed on the day that...
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Vaccine Tug of War: Germany resists as reports say US is luring firms for vaccine exclusivity
The German government insists that no country in the world should have a monopoly on all developed vaccines against COVID-19...
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France suspends class in schools and universities to prevent spread of COVID-19
The French government ordered the closure of all schools and universities in the country in a bid to contain the...
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US futures nosedive as Trump speech fails to quell investor woes over the COVID-19 pandemic
Major US stock market indexes nosedived once again and fell sharply early Thursday as President Donald Trump's address disappoints investors....
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‘The genie’s out of the bottle’: Singaporean minister warns that COVID-19 outbreak could last a year
Singapore's Foreign Minister Vivian Balakrishnan said on Wednesday that the world must prepare for the impacts of COVID-19 as the fatal...
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Dow fell sharply right after Tuesday surge
Dow rumbles once again on Tuesday night amid a positive start of the week. US futures plunged sharply, pointing to...
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US stocks lost $3 trillion in value this week as coronavirus fears force investors to abandon risky assets
The impact of the deadly coronavirus, which has been a matter of concern for the global market since the beginning...
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The US is ‘totally ready’ to respond to the COVID-19 outbreak, Trump says after calling it a ‘hoax’
President Donald Trump said Friday that his administration is 'magnificently organized' in its response to the fast-spreading deadly coronavirus that...
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Dow faces the biggest one-day plunge in history as COVID-19 fears intensify in the US
US futures plunged sharply as intensifying fears over coronavirus infection hit the United States. The drop in most stocks has...
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Warren Buffet says Apple Stock is Berkshire’s third-largest business
Warren Buffett said that Apple is "probably the best business I know in the world," and that he does not...
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Gold continues rally on its fifth consecutive day, tallying a new high for the last 7 years
Gold prices continue a decisive rally on its fifth consecutive day on Wednesday, signaling a new high for the haven...
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