General
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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Gold floats above $1600 in its most buoyant since 2013
Gold becomes more buoyant, and prices floated the highest on Tuesday for the last seven years as the global fear...
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Tesla stocks shot up to $850 after analyst said it could end up more profitable than Volkswagen
Tesla's stocks skyrocketed once again after Bernstein analyst Toni Sacconaghi nearly doubled his price target, arguing that he can't see...
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