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Stocks closed higher as volatility takes up
According to the buzz, American stocks closed at modest increments on Thursday even as volatility continued to be the command force in September report of Wall Street. American stocks market momentum [...] Read More
Bank shares drop on unchecked laundering
On Monday, the financial sector was badly hit following a report indicating that a number of banks such as HSBC, JPMorgan, Deutsche Bank, Standard Chartered Bank and Bank of New York Mellon have conti [...] Read More
Oil prices declines as demand concerns reappearance
According the latest news, on Thursday, oil prices dropped sharply because of the United States oil producers in the Gulf of Mexico are all set to restart output following Hurricane Sally and on worri [...] Read More
Chip sector warns administration against blacklisting SMIC
According to the buzz, the firms that supply the high quality and advanced chip sector equipment is now planning to urge the administration of the US president Donald Trump against an idea to ban Chin [...] Read More
Oil firms taking back crude from emergency reserve
Reportedly, the Department of Energy said that the energy companies have started taking back millions of barrels of crude oil from the United States government’s immediate stockpile after renting stor [...] Read More
Service sector powering extravagantly
The United States private employers recruited fewer employees than anticipated in July because many companies exhausted loans to help with wages as well as new coronavirus infections gained across the [...] Read More
Many people filed for jobless benefits for the first time
Just under the 1.2 million people filed for the jobless benefits for the very first time previous week, a huge drop from the last two weeks but still the 20th straight week for claims more than one mi [...] Read More
Economy observes sharpest downturn in decades
Reportedly, the US economy decreased at a 32.9 percent annual rate between April and June because the country hampered with the lockdowns and spending reductions during the coronavirus pandemic. It wa [...] Read More
Oil prices high on decline in crude stocks
Reportedly, oil prices increased to their highest level since early March on Wednesday on a huge decline in the United States crude inventories and the weakest dollar, but increasing coronavirus pande [...] Read More
Tech giant registers powerful quarterly earnings
The US tech giants such as Amazon, Facebook, Apple as well as Alphabet recorded their massive quarterly earnings, just a day after the Congressional antitrust hearing wherein the chief executive offic [...] Read More
Small business ejects money flowed to other companies
The president of the United States blamed China for the COVID-19 outbreak and the ensuing economic problem, but as the White house plans to stabilize US small businesses, the rescue effort has had an [...] Read More
Republicans release new coronavirus plan
On Monday, the United States Senate Republicans unveiled a $1 trillion COVID-19 aid package that hindered out with the White House, heading the path for discussions with Democrats on how to help the p [...] Read More
