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Wednesday, August 12, 2020
When a country, namely the US, can print trillions of dollars to keep its economy afloat, but is struggling to produce basic medical gear during a pandemic, it raises serious questions about its economic basis.
In a new interview, the left-wing billionaire called the coronavirus pandemic 'the crisis of my lifetime.' Left-wing billionaire George Soros has indicated that the coronavirus pandemic paves the way for societal changes previously thought...
Ryanair Chief Executive Michael O’Leary has blasted the British government for mismanaging the Covid-19 crisis, and hit out at fresh measures for quarantining travelers coming from abroad. “It’s idiotic and it’s unimplementable. You don’t...
Prime Minister Justin Trudeau says he plans to keep working with airlines hard hit by the COVID-19 pandemic but wouldn't address whether a bailout of the beleaguered industry is on the table. His comments came...
KeyBanc Capital Markets outlines in a new report, using internal credit card data, that Apple's iPhone sales recorded a "sharp decline" in April as coronavirus-related shutdowns crimped consumer spending and kept many of the company's brick and mortar stores closed.
Recall, it was just weeks ago that we pointed out how a crash in used car prices could be putting significant pressure on the rental car industry. That is, obviously, in addition to the fact that nobody is traveling. 
The coronavirus lockdown has caused most US department stores to shut, threatening their survival. But even without the impact of virus, many retailers would still eventually have collapsed, a former Fed insider believes. No...
How did you end up with negative oil prices today?  This happens when a physical futures contract find no buyers close to or at expiry.  Let me explain what that means:
Mark Zuckerberg, like a number of wealthy CEOs desiring to recieve "humble" compensation, has an official salary of just $1 a year.  However, according to a financial filing published last Friday, Facebook racked up a...
The US Labor Department reported on Thursday that the jobless rolls continued to grow due to the Covid-19 lockdown, with 6.6 million Americans filing first-time unemployment claims in the week ending April 4. The...

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