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U.S Stocks Post Gain For Second Straight Week
US stocks soared on Friday, giving markets their second week of gains in a row. This hasn’t happened since the…
Investors Fired Up By Signs Experimental Drug Can Treat Coronavirus
Investors around the world are fired up by signs that an experimental drug made by Gilead Sciences is helping some…
UK Not Thinking Of Easing Virus Lockdown Measures Yet, Minister Says
Britain is not considering lifting the lockdown enacted almost four weeks ago to control the coronavirus outbreak…
Canada-U.S Border Restrictions Extended For Another 30 Days
Canada and the United States have agreed to extend border restrictions for another 30 days to help control the…
U.S. Banks Seek Term Changes As Fed Finalizes Main Street Lending Program
U.S. banks are pushing the Federal Reserve to change the terms of a $600 billion lending program for small and…
Coronavirus: Queen Elizabeth Cancels Birthday Plans
Britain’s Queen Elizabeth will not celebrate her 94th birthday in any special way and has asked that there be no…
Ford Raises $8 billion Debt Securities After Virus Causes $2 billion Loss
Ford Motor Co (F.N) on Friday raised $8 billion from corporate debt investors to shore up its cash reserves as the…
United Says Demand For Travel Is ‘Essentially Zero’ And Signals…
Air passenger traffic has virtually vanished, prompting airlines to slash their schedules. But cargo still needs to…
Walmart Plans To Hire 50,000 Additional Employees To Keep Up With Demand
said Friday that it has reached its goal of hiring 150,000 additional employees. Now, it said it plans to add…
Recovered Coronavirus Patients Are Testing Positive Again
In South Korea, health officials are trying to solve a mystery: why 163 people who recovered from coronavirus have…
Lagos State Records 32 New Cases Of Coronavirus
Lagos State has recorded 32 new coronavirus cases, bringing the state total to 283, the Nigeria Centre for Disease…
Volkswagen And Toyota Will Begin Reopening European Car Plants Next Week
The world's biggest carmakers will gradually reopen plants in Europe starting next week, but with a focus on health…
People Are Still Buying Beauty Products Despite Not Leaving Home
Demand for beauty products appears to be holding up even though hundreds of millions of consumers are not leaving…
The US Dollar Is Still King During The Coronavirus
The economic shock of the last few weeks has shaken the United States economy, erased the last two and a half years…
Oil Crashes Below $18, The Cheapest Since 9/11
President Donald Trump's victory lap for convincing Russia and Saudi Arabia to cut production looks awfully…
COVID-19: China Hiding Information, Not Transparent – President Macron
French President, Emmanuel Macron has dismissed the idea that China’s handling of the Coronavirus epidemic was…
Arsenal Players Set To Become First In Premier League To Agree Pay Cut
Arsenal players are set to be the first in the Premier League to agree to a pay cut after being offered Champions…
Jeff Bezos Reveals What The U.S Needs To Do Before Reopening The Economy
The pressure is rising in the U.S. economy.
Another 5.245 million Americans filed for unemployment insurance last…
Don’t Expect Crude Demand Recovery Before July, Says OPEC
The demand for crude oil will not recover till the second half the year, the Organisation of Petroleum Exporting…
China’s First Quarter GDP Shrinks For The First Time
China’s economy contracted for the first time on record in the first quarter as the coronavirus shut down factories…
22m Americans File For Jobless Claims
After three consecutive weeks of jobless claims in the millions, another 5.245 million Americans filed for…
Uber Withdraws Forecast And Will Write Down About $2 Billion
Uber Technologies Inc. withdrew its financial guidance for 2020 and said it will write down about $2 billion in…
Nasdaq Rises As Amazon And Netflix Surge To Record Highs
The Nasdaq rose in afternoon trading on Thursday as Amazon.com and Netflix surged to record highs, while worries…
Half Of The World Has Asked For A Bailout – IMF
Half of the world's countries have approached the International Monetary Fund for emergency loans to weather the…
Facebook Cancels Large In-person Events Through June 2021
Facebook (FB) is canceling all of its planned physical events with 50 or more people through June 2021 due to…
Seven U.S. States Extend Lockdown to May 15 Despite Trump’s Plan To End…
Seven Northeastern states on Thursday extended a shutdown to contain the coronavirus pandemic until May 15, even as…
Trump To Push For Reopening U.S. Economy Despite Concerns From Experts
U.S. President Donald Trump on Thursday plans to announce new guidelines to reopen the economy after a monthlong…
Over 20 Million Americans Have Filed For Unemployment Benefits
Millions more Americans likely sought unemployment benefits last week, lifting total filings for claims over the…
Wedding Preparations Resume In Wuhan, China
Peng Jing stifles a laugh as she looks into the eyes of her tuxedo-clad fiancee, Yao Bin, who is in turn trying not…
Mexico Could Force Businesses To Close If They Violate Coronavirus Rules
Mexico could force the closure of companies in non-essential sectors if they refuse to suspend operations during a…