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Market Overview - Page 350


Biden losing economic argument to Trump as U.S. begins to re-open
Biden losing economic argument to Trump as U.S. begins to re-open

Biden losing economic argument to Trump as U.S. begins to re-open U.S. President Donald Trump is trusted more than Democratic nominee Joe Biden to handle the economy, polls show, even with more than 40 million Americans filing jobless claims and.

Sweden’s economy actually grew in the first quarter after it opted against a full virus lockdown
Sweden’s economy actually grew in the first quarter after it opted against a full virus lockdown

The Swedish economy expanded at a far superior rate than many of its European counterparts over the first three months of the year, data published Friday showed, following the government’s decision not to impose a full lockdown to contain the.

Bitcoin Will Replace Gold, Crypto Data Analytics Company CEO Says
Bitcoin Will Replace Gold, Crypto Data Analytics Company CEO Says

As the world turns more digital, crypto’s pioneer asset Bitcoin (BTC) could take on gold’s store of value role, according to the CEO and co-founder of Digital Assets Data, an analytics firm. “I see Bitcoin replacing gold as the hardest.

Stocks, Futures Dip Before Trump Speaks on China
Stocks, Futures Dip Before Trump Speaks on China

Stocks slipped and U.S. futures edged lower on Friday as President Donald Trump’s planned press conference on China threatened to further stoke tensions between the world’s two largest economies. Treasuries gained along with most European bonds. The Stoxx 600 Index.

IMF says pandemic may skew economic data and cause them to be less accurate
IMF says pandemic may skew economic data and cause them to be less accurate

Key economic indicators may be skewed, and perhaps less accurate, as a result of the coronavirus pandemic, according to the International Monetary Fund. “Accurate and timely economic data are crucial for informing policy decisions, especially during a crisis. But the.

EURUSD and S&P500 gave a strong bullish signal. Is growth ahead?
EURUSD and S&P500 gave a strong bullish signal. Is growth ahead?

The dollar is going down, and it is bullish for the markets. The two most closely monitored instruments of the world markets, EURUSD and S&P500, signal a breakthrough of their downtrends. The dollar not only declines against the euro but.

Britain only built 197 cars during the month of April
Britain only built 197 cars during the month of April

British car production could slump this year to the lowest level in decades after the coronavirus pandemic forced factories to close and hit demand, according to an industry body. Just 197 cars were made in April compared with 71,000 in.

Trump may punish China — but it won’t be very damaging, says Chinese economist
Trump may punish China — but it won’t be very damaging, says Chinese economist

U.S. President Donald Trump could punish Beijing for eroding Hong Kong’s autonomy and other human rights abuses — but his options won’t be very damaging to China, said a leading Chinese economist on Friday. Hong Kong has special privileges under.

U.S. weekly jobless claims still elevated; core capital goods orders fall
U.S. weekly jobless claims still elevated; core capital goods orders fall

The number of Americans filing for unemployment benefits held above 2 million last week for a 10th straight week amid job cuts by U.S. state and local governments whose budgets have been decimated fighting the COVID-19 pandemic and more second-wave.

COVID-19 could be the final nail in the coffin of HP’s printing business
COVID-19 could be the final nail in the coffin of HP’s printing business

HP Inc.’s printing business could be finally running out of ink, thanks to COVID-19. Profits in the venerable Silicon Valley tech company’s struggling printer business dipped below profits from PCs for the first time in at least five years in.

The White House Has a Plan to Revive the Economy: Don’t Talk About it
The White House Has a Plan to Revive the Economy: Don’t Talk About it

Donald Trump is refusing to be fact-checked once again. This time it’s Americans, not Twitter, looking for answers. The Washington Post, citing White House sources, reveals that the Trump administration won’t reveal its economic forecasts this summer, despite having done.

How Goldman Sachs unintentionally sparked a war with cryptocurrency evangelists
How Goldman Sachs unintentionally sparked a war with cryptocurrency evangelists

Goldman Sachs isn’t convinced there’s a case for investing in cryptocurrencies like bitcoin. Crypto evangelists — perhaps unsurprisingly — aren’t impressed with its assessment. The U.S. bank’s consumer and investment management division released a slide deck ahead of an investor.

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