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The Dow Jones stepped up. This is also due to the...

US stocks erased last week's losses on Monday. Markets were flooded with hopes of an early coronavirus vaccine, as well as expectations of several...

Americans are pessimistic, yet they spend money massively

Millions of Americans are still jobless and those who work often stay home with half their salary. The coronavirus pandemic is still not under...

There’s growing numbers of Britons willing to accept any kind of...

While in the beginning of June, there was 23% of workforce in the UK willing to accept almost any kind of job, the number...

The US Labor market won’t recover any time soon

According to Mark Zandi, main economist at Moody's Analytics Consulting Services, the coronavirus pandemic undoubtedly caused major losses on the US labor market. “Many...

Speed of economic recovery and Fed’s policy is most important to...

According to a survey by Jefferies Financial Group, coronavirus pandemic represents the third most important factor, which affects investors‘ decisions on securities, and more...

Top 5 companies hugely affected by the coronavirus crisis

While some assets, such as Tesla or Beyond Meat shares, made the most of the coronavirus crisis, prices of some other instruments traded on capital markets significantly dropped.

American economy entered a recession in February, NBER reported

National Bureau of Economic Research (NBER) reported that the U.S. entered a economic recession. Despite expectations that the country plunged into recession in March,...

Two thirds of jobless Americans have higher incomes than before the...

Democrats in the American Congress demand the extra subsidy of $600 a week to be paid until the end of July. Yet, Republicans argue...

Brazil’s government to provide financial aid to energetic utilities

Reuters reported that power distribution companies have applied for stimulus package, as demand for electricity has plunged due to coronavirus pandemic. As such, distributors...

Rationing? American retailer Costco temporarily limited meat purchases per person

American retailer Costco limited meat purchases to 3 items per person Meat processing plants capacities significantly dropped due to coronavirus and there’s a shortage of...

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