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9 successful companies created during an economic crisis

Now that the coronavirus epidemic is having a serious negative impact on the economies of many countries, economists are making the most...

Netflix capitalization reaches historic high

Netflix, the video streaming company, is valued more than American oil giant ExxonMobil. Stock Prices of the service reached a historic high...

US Consumer Prices Fall to Five Years Low in March

US consumer prices fell to a 5 year low March. This indicator is likely to decline in the future as the outbreak...

Yelp Lays off 1000; Furloughs 1100 Workers

In response to the coronavirus outbreak, crowd-sourced review site Yelp announced they will layoff 1000 workers, and furlough an additional 1100; all...

In February central banks added 36 tons of gold to reserves

According to the World Gold Council, (WGC) global central banks in February increased their purchases of gold to replenish reserves by a...

How has crypto been doing during COVID-19?

During the ongoing COVID-19 pandemic, we have not just been witnessing some of it’s many effects, but...

SoftBank Backs out of $3 billion WeWork Stock Purchase

Despite threats of legal action, global tech investor SoftBank recently announced they were no longer going to ahead with their deal to...

Macy’s To Furlough Most of Its 125,000 Employees; Retailers Continue to Struggle

Macy’s has announced that the beginning of this week it will furlough the majority of its employees in an effort to transition to an...

Nestle Executive Director: “Get ready for the storm to hit”

(Financial News) Nestle, one of the world's largest food producers, asked its employees to prepare for difficult times and make every effort...

Chloroquine: Can this malaria drug treat COVID-19?

In a press conference on Thursday, President Trump said that, Chloroquine, a drug commonly used to fight malaria and certain liver infections,...

US Stock Market Halted!

For the 4th time this month, the circuit breakers have kicked in and pulled the plug on the stock market for a...

Global Markets Faced with Shortages of USD

The “bloody slaughter” in global markets, which burned $18 trillion of capitalization over three weeks and forced investors to cash, more than...

Most Read

Financial News: Report for May 27 2020

Overview of today’s trading day: (Financial News) Financial markets around the world mostly experienced green today, with most of...

Polkadot blockchain launched

The non-profit organization Web3 Foundation launched the first phase of the core blockchain network of the Polkadot blockchain after more than three...

Anti-Israel Law Enters into effect in Iran

Iranian President Hassan Rouhani ordered the implementation of the law on countering the what he calls the "hostile actions" of Israel.

Financial News: Report for May 25 2020

Overview of today’s trading day: Due to memorial day, many major financial markets were closed today. However, those that...