Wall Street closes up on tech rally
There have been mixed signs about an economic rebound, but Wall Street rallied up after a rocky session. Tech shares gained momentum as there have been some steady investments in tech and also with a surge in sales of new homes. You can read more about this here. ...
824,000 Americans file for unemployment
On Thursday, the Labor Department said more than 824,000 Americans filed for unemployment insurance last week, for the first time. This takes the total to about 57M in the last seven months. There's a lot of speculation and studies about how soon or later, things will get better. No know more abou ...
U.S recovery still uncertain
Given the magnitude of the economic downturn triggered by the pandemic, we still face the possibility of a coming wave of credit downgrades and defaults, says Jeremy Stein, a Harvard University professor and former Fed Governor. The money in savings and checking account that was $700M higher than M ...
U.S. economy will soon recover
A majority of the people were having the times of their lives before the pandemic hit us out of the blue. People didn't realize how good 2019 was until 2020 happened. American households enjoyed record standards of living. and in all likeliness, it'll go back to that soon. Read more on this here. ...
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