Latest Survey Revealed Largest Private Payroll Decline in Record
The U.S. private employers laid off a record of 20.236 million workers in April as the coronavirus pandemic took the country's economy ...
Beyond Meat Exceeds Expectation, Reported 141% Revenue Increase for Q1 2020
Beyond Meat -- a plant-based startup -- exceed Wall Street's expectation in after trading Tuesday, up by 7%. According to ...
Airbnb Cuts 1,900 Jobs to Compensate Losses
Airbnb, the largest online marketplace and one of Silicon Valley's most financially secure unicorns, succumb to the financial challenge and ...
India Assets: Sensex and Nifty Down
India's stock plummets the most in more than a month on Monday as the country extends nationwide lock and effects ...
Stock Market Headlines Friday, May 1 Recap
Stock Market closed at a disadvantage last Friday, May 1, 2020, as corporate earnings revealed more damage due to the ...
American Airlines is looking into canceling up to 60% of its summer schedules as the pandemic continues to push demand down
With travel restriction in almost all countries around the world are in place as part of the effort to contain ...
Oil slightly recovers after Trump said a deal between Saudi Arabia and Russia might be reached in a ‘few days’
President Trump's latest statements inspired the oil market to jump 10% on Thursday. Crude oil futures slightly recovered from weeks ...
Here are the states that suffered the most unemployment due to COVID-19 pandemic
As the coronavirus pandemic continues to afflict the entire world, industries and markets are profoundly affected by government policies that ...
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," ...
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 ...
IMF approves a new round of bilateral borrowing agreements to maintain $1 trillion lending capacity
A new round of bilateral borrowing has been approved by the board of the International Monetary Fund (IMF) from January ...
Facebook COO says they are ready for crisis because they learned from their mistakes
Facebook has learned from the lessons and the mistakes in the past, which prepared the tech giant to deal with ...
Oil prices are approaching ‘negative territory’ as production increases after OPEC+ cuts expire
As the coronavirus pandemic continues to paralyze business operations that require the government to implement draconian measures as the world ...
Ted Cruz: GOP senators warned Saudi Arabia against using oil as ‘economic warfare’ against Americans
Some GOP senators have recently "unloaded" on Saudi Arabian ambassador, demanding that the Middle East country cease weaponizing oil and ...
17% of all confirmed COVID-19 cases in the world comes from the US
The United States has charted an additional 8,407 COVID0-19 cases bringing the total infected individuals to 112,533, representing 17% of ...
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, ...
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 ...
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 ...
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 ...
$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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