1.4 million seek jobless aid as virus surges in South, West

July 30, 2020

Category: News

WASHINGTON — More than 1.4 million laid-off Americans applied for unemployment benefits last week, further evidence of the devastation the coronavirus outbreak has unleashed on the U.S. economy. The continuing wave of job cuts is occurring against the backdrop of […]

Weekly mortgage demand from homebuyers jumps even higher, up 19% annually

July 22, 2020

Category: Industries, News, Others

As temperatures soar this summer, homebuyer demand is heating up with it. Add that to an already strong refinance market, and total mortgage application volume rose 4.1% last week from the previous week, according to the Mortgage Bankers Association. Helping […]

Oil under pressure as global equities wobble, demand uncertainty persists

July 16, 2020

Category: Energy, Industries

Oil futures fell Thursday, taking a cue from a decline in global equities, after holding their own a day earlier following a decision by the Organization of the Petroleum Exporting Countries and its allies to begin trimming production cuts next […]

Enterprise, Industries

Apple beats on earnings and announces stock split, sending shares toward record high

July 31, 2020

Via: Market Watch

Apple Inc. brushed off the COVID-19 crisis to report record results Thursday, and the company said it plans to split its stock in an attempt to make it “more accessible to a broader base of investors.” Apple shares AAPL, +1.21% […]


Eurozone economy suffers record drop during lockdown months

July 31, 2020

Via: ABC News

PARIS — The economy of the 19-country eurozone shrank by a devastating 12.1% percent in the April-June period from the quarter before – the largest drop on record – as coronavirus lockdowns shut businesses and hampered consumer spending. Economists say […]

Finance Tech, Liquidity

Gold price declines, on the verge of snapping 9-session win streak

July 30, 2020

Via: Market Watch

Gold prices headed slightly lower Thursday morning, retreating from a record rally that has seen the precious metal notch nine consecutive days of gains. Bullion prices were supported Wednesday following the Federal Reserve signaling that it planned to keep the […]