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Airlines face $157 billion in losses as COVID is expected to wipe out even more flights in the year ahead

November 24, 2020

Via: Fortune
Category: Industries, Others

Record airline losses from the coronavirus outbreak will balloon further next year as anticipated vaccination programs take time to revive travel demand, according to the industry’s main trade group. The International Air Transport Association on Tuesday predicted carriers will lose […]


Google Pay app gets reborn as a personal finance assistant

November 19, 2020

Google is transforming its Google Pay app into a personal finance powerhouse, which can help users with transferring money and budgeting amongst other things. The revamp focuses on users friends and businesses, making it much easier to ping funds to […]


US consumer prices unchanged in October, lowest in 5 months

November 12, 2020

Category: News

U.S. consumer prices were unchanged in October, the lowest reading in five months, suggesting that a price spike over the summer is beginning to fade as coronavirus cases spread. The flat reading for last month followed a gain of 0.2% […]


Industries, Retail & Wholesale

Amazon Sellers Cash In With $4.8 Billion Holiday Sales Worldwide

December 1, 2020

Via: PYMNTS.com

Amazon merchants rang up over $4.8 billion in global sales Black Friday through Cyber Monday, a 60 percent increase over 2019 sales for the same period. More than 71,000 independent small- and medium-sized businesses worldwide have surpassed $100,000 in sales […]


Industries, Others, Retail & Wholesale

COVID-19 vaccine prospects may already be boosting consumer spending, economy

November 30, 2020

Via: USA TODAY

Stan Novak, of Valencia, California, has been hunkering down this year amid the coronavirus pandemic, spending little beyond the bare essentials. But after a flurry of positive news reports this month about COVID-19 vaccines, Novak ventured out to department stores […]


News

How water-resistant is the iPhone? Italian watchdog says Apple’s claims are overblown

November 30, 2020

Via: Fortune

Apple has been offering water-resistant iPhones for several years now, but are its protection claims actually justified? The Italian Antitrust Authority (AGCM) thinks Cupertino has been overstating the handsets’ water resistance. The agency, which is in charge of consumer protection […]


Finance Tech, Liquidity, Trading

The market is looking for clues from the Fed on whether it will adjust bond buying

November 25, 2020

Via: CNBC

The Federal Reserve could provide clues about its bond buying program when it releases its minutes Wednesday, but the odds the central bank takes action at its December meeting have fallen slightly with the expected nomination of Janet Yellen as […]