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Shares in healthcare companies rallied, and Brent crude recently broke through the $30 mark for the first time since the middle of April. The S&P 500 rose by 0.9 percent, and the Nasdaq Composite was up 1.1 percent. The healthcare sector performance was boosted after Pfizer announced the commencement of human testing for a potential […]

When measured in U.S. dollars, the price of gold is rapidly approaching its all-time high. According to recent research reports, gold prices will do the same when measured against other major currencies. In recent years, gold has performed well. Year on year, the yellow metal is up by 35 percent while the S&P 500 and […]

It is a new week, and there are new stories. Several states are thinking of making efforts to restart their local economies, and many have already started. That little bit of good news has been overshadowed by increased negative rhetoric between the US and China and the economic costs associated with COVID-19. Warren Buffet, the […]

The economy is in dire shape. Unemployment figures are shocking. Consumer spending has dropped to all-time lows. Yet, the stock market is doing well. The Dow and the S&P 500 had their best month since 1987. These diametrically opposite facts are confusing, but there are valid reasons for them. The S&P 500 is an index […]

The global economy is in shock. Stocks, bonds, gold; they have all come under siege, with the S&P 500 predicted to plunge by at least 40 percent from the years high. Gloomy forecasts are becoming a regular component of every day, with the level of investor confidence, unemployment numbers, and coronavirus cases all tracking in […]

Many people became instantly wealthy when Bitcoin debuted in 2017. Although the price of Bitcoin is down around 50 percent on last year’s high, it is up around five percent in 2020.  The crash caused by the COVID-19 virus has cryptocurrency investors scrambling to keep up with, and make sense of, what is now a […]

Although the precise date of the next Bitcoin halving is hard to pinpoint, it is expected to occur during the week of May 18, 2020. This halving may result in increased demand in Bitcoin, and at a higher price. Understandably, there is a great deal of conversation on crypto news websites and Twitter threads. There […]

Last week, 5 million more Americans filed for unemployment. In four weeks, the newly unemployed total is over 20 million. In one short month, coronavirus has wiped out nearly nine straight years of growing employment. This figure of 5 million dwarfs the previous high in 1982, when 695,000 people filed for unemployment benefits. At its […]

The current pandemic has brought nothing but social upheaval, death, despair, and an unnerving number of people filing for unemployment benefits. Even with the load on government systems, the number of people out of work and filing unemployment is at least 10 times the previous record. Businesses throughout the United States and the rest of […]