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Trucking Has Been In Recession Since 2018 [Video]

Trucking Has Been In Recession Since 2018

AP Photo/Carolyn Kaster Business Insider Aaron Terrazas is the director of economic research at Convoy, a digital freight network. He says that, for the millions of truckers around the United States,..

Credit: Wochit     Duration: 00:33Published

Money Talks for May 31, 2020: Coronavirus Recession [Video]

Money Talks for May 31, 2020: Coronavirus Recession

Brad Zucker tells us if we are in the midst of a recession.

Credit: KTNV Channel 13 Las Vegas     Duration: 03:19Published
Money Talks for May 30, 2020: Stimulus Debit Cards [Video]

Money Talks for May 30, 2020: Stimulus Debit Cards

Some Americans are receiving coronavirus stimulus payments via prepaid debit cards.

Credit: KTNV Channel 13 Las Vegas     Duration: 03:15Published
Most Americans worry they will never be financially stable [Video]

Most Americans worry they will never be financially stable

Seven in 10 Americans worry they will never be financially independent, according to new research.The study asked 2,000 Americans about their finances and how knowledgeable they feel on the..

Credit: SWNS STUDIO     Duration: 00:59Published
Covid update: Flight passengers infected; China's plan; Karnataka blockade [Video]

Covid update: Flight passengers infected; China's plan; Karnataka blockade

From over a dozen passengers on domestic Indian flights found to be infected, to Karnataka placing a complete travel blockade on people from 5 states - here are the top ten news updates on the Covid-19..

Credit: HT Digital Content     Duration: 04:15Published
German economy likely to shrink 6.6% this year [Video]

German economy likely to shrink 6.6% this year

The German economy is likely to shrink by 6.6% this year as a consequence of the coronavirus crisis before growing by 10.2% in 2021, the Ifo Institute said on Thursday in its latest update. Ciara Lee..

Credit: Reuters Studio     Duration: 01:15Published
EU unveils 750 bln euro plan for coronavirus recovery [Video]

EU unveils 750 bln euro plan for coronavirus recovery

The European Commission on Wednesday unveiled a plan to borrow on the market and then disburse to EU countries 750 billion euros in grants and loans to help them recover from their coronavirus slump...

Credit: Reuters Studio     Duration: 02:00Published
Slow economic recovery expected for Mississippi [Video]

Slow economic recovery expected for Mississippi

The state economist says Mississippi can expect a long, slow economic recovery from the shock of job losses and the steep decline in commercial activity tied to the coronavirus pandemic.

Credit: WXXVPublished
Virus could cost Mexico a million jobs: president [Video]

Virus could cost Mexico a million jobs: president

Mexican President Andres Manuel Lopez Obrador said on Sunday that the novel coronavirus could cost as many as a million jobs in the country as many industries considered not essential remain shut...

Credit: Reuters - Politics     Duration: 01:24Published
Japan seeks to end Tokyo's state of emergency, eyes $930 bln stimulus [Video]

Japan seeks to end Tokyo's state of emergency, eyes $930 bln stimulus

Japan is expected to lift its state of emergency over Tokyo, as it eyes a fresh stimulus relief package worth nearly $930 billion. Gloria Tso reports.

Credit: Reuters Studio     Duration: 01:05Published
Laid off? This group helps pay for job training [Video]

Laid off? This group helps pay for job training

This program is helping steer people towards reemployment by offering free personalized job search assistance, and connecting them to a training provider. That way, they can enhance their skills and..

Credit: WCPO Cincinnati     Duration: 01:58Published
Europe's week: Franco-German recovery plans, recession fears and US-China relations [Video]

Europe's week: Franco-German recovery plans, recession fears and US-China relations

Europe's week: Franco-German recovery plans, recession fears and US-China relations

Credit: Euronews English     Duration: 07:06Published
Macy's Loses $1 Billion In First Quarter Of 2020 [Video]

Macy's Loses $1 Billion In First Quarter Of 2020

The department store was forced to close its locations on March 18, causing sales to plunge by as much as 45%. CBS2's Mary Calvi reports.

Credit: CBS 2 New York     Duration: 00:30Published
Victoria's Secret To Close 251 Stores After Coronavirus Hit To Business [Video]

Victoria's Secret To Close 251 Stores After Coronavirus Hit To Business

Victoria's Secret is among the latest retail chains to be impacted by the economic recession created by the spread of coronavirus. CBS2's Mary Calvi reports.

Credit: CBS 2 New York     Duration: 00:26Published
China ditches GDP target for first time [Video]

China ditches GDP target for first time

China will refrain from setting a GDP target citing concerns over the coronavirus and global uncertainty, the country's premier said on Friday. Ciara Lee reports

Credit: Reuters Studio     Duration: 01:27Published
Midmorning Wtih Aundrea - May 21, 2020 (Part 1) [Video]

Midmorning Wtih Aundrea - May 21, 2020 (Part 1)

(Part 1 of 2) Many Americans say they will refuse to fly even after coronavirus restrictions are lifted. United Airlines is trying to allay customer fears by instituting new cleaning procedures and..

Credit: WCBIPublished
'We need to do more': California schools face daunting task of reopening amid recession [Video]

'We need to do more': California schools face daunting task of reopening amid recession

Lonnie Wong reports

Credit: KTXL     Duration: 01:40Published
UK inflation slumps to lowest since 2016 as coronavirus hits [Video]

UK inflation slumps to lowest since 2016 as coronavirus hits

Britain's inflation rate sank in April to its lowest since August 2016 as the coronavirus pandemic pushed down global oil prices and clothing stores slashed prices, bolstering the prospect of more Bank..

Credit: Reuters Studio     Duration: 01:29Published
Equity indices hold firm, pharma and financial stocks up [Video]

Equity indices hold firm, pharma and financial stocks up

Equity benchmark indices gained for the second consecutive day on Wednesday as heavy buying was witnessed in pharma and financial stocks. The BSE SandP Sensex closed 622 points or 2.06 per cent higher..

Credit: ANI     Duration: 01:16Published
Teachers union responds to school district budget shortfall [Video]

Teachers union responds to school district budget shortfall

NEWS: The district faces a 37.8 million dollar budget shortfall because of the coronavirus.

Credit: KTNV Channel 13 Las Vegas     Duration: 02:01Published
Last Time Investors Were This Bearish on Value Was Right Before Great Recession -- ICYMI [Video]

Last Time Investors Were This Bearish on Value Was Right Before Great Recession -- ICYMI

The point: the nature of the current crisis could mean we're in for another bout of economic and market turmoil.

Credit: The Street     Duration: 02:58Published
No quick economic bounce back warns Chancellor [Video]

No quick economic bounce back warns Chancellor

The UK economy may not bounce back straightaway from the massive crisis caused by the coronavirus pandemic, the Chancellor has said. Rishi Sunak said he is not counting on the “V-shaped” recovery..

Credit: PA - Press Association STUDIO     Duration: 00:56Published
Midmorning With Aundrea - May 19, 2020 (Part 1) [Video]

Midmorning With Aundrea - May 19, 2020 (Part 1)

(Part 1 of 2) It's been an intense allergy season, and trying to figure out if your symptoms are allergies or COVID-19 is making many people feel anxious and stressed. We'll explore the key differences..

Credit: WCBIPublished
CCSD trustees approve final budget [Video]

CCSD trustees approve final budget

Next year's CCSD budget shortfall could be one of the largest since the great recession. The board of trustees approved the final budget last night.

Credit: KTNV Channel 13 Las Vegas     Duration: 00:19Published
Obama Criticizes Trump's Response To Coronavirus Pandemic [Video]

Obama Criticizes Trump's Response To Coronavirus Pandemic

Former President Barack Obama gave a college commencement address that criticized President Donald Trump’s coronavirus response. Obama spoke to the class of 2020 for 74 historically black colleges..

Credit: Wochit     Duration: 00:32Published

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Virus leaves the US travel industry struggling to recover

U.S. air travel down almost 90% from a year ago. A ghostly emptiness at Hawaii's tourist hotels. Deserted Las Vegas casinos counting the days to reopening. Few sectors of the economy have endured as..
SeattlePI.com - Published

Examining the Coronavirus Impact: Internet of Things (IoT) Security Product Sales Accelerate, as Security Risk Concerns Aggravate over Remote Work Policies - Future Market Insights

examining the coronavirus impact: internet of things (iot) security product sales accelerate, as security risk concerns aggravate over remote work policies - future market insights
*Internet of Things (IoT) security product market players are investing in the development of digital infrastructure for network security to sustain growth post the end of the COVID-19..
Accesswire - Published

Bank of America breaks down the next 2 steps the Fed will take to stimulate the coronavirus-addled economy

bank of america breaks down the next 2 steps the fed will take to stimulate the coronavirus-addled economy
· *The Federal Reserve is poised to implement stricter forward guidance and yield-curve control in September as the US economic rebound faces new challenges, Bank of America said Tuesday.* · *The..
Business Insider - Published

The US economy could take nearly a decade to recover from the coronavirus pandemic, according to the CBO

the us economy could take nearly a decade to recover from the coronavirus pandemic, according to the cbo
· The Congressional Budget Office on Monday lowered its projection for 2020-2030 US economic output, signaling it may take the US economy nearly a decade to recover from the coronavirus..
Business Insider - Published

'Get on the train': Famed investor Michael Novogratz says bitcoin will soon break the $10,000 threshold as US turmoil spreads (BTCUSD)

'get on the train': famed investor michael novogratz says bitcoin will soon break the $10,000 threshold as us turmoil spreads (btcusd)
· *Famed investor Michael Novogratz tweeted on Monday that bitcoin will soon take out the $10,000 resistance level, telling his followers, "Get on the train."* · *Novogratz said that turmoil..
Business Insider - Published

National Lottery operator warns UK recession threatens charity funding

Camelot says downturn would hit sales and the amount of money given to good causes
FT.com - Published

Amazon raised $10 billion in the bond markets, including $1 billion of debt yielding just 0.4% — reportedly the lowest rate in the history of US corporate bonds (AMZN)

amazon raised $10 billion in the bond markets, including $1 billion of debt yielding just 0.4% — reportedly the lowest rate in the history of us corporate bonds (amzn)
· *Amazon raised $10 billion in corporate debt markets Monday, including a $1 billion bond yielding just 0.4%.* · *The Financial Times reported that this was the lowest interest rate for any bond in..
Business Insider - Published

Ping An: China's SMEs Amid the Pandemic Are Facing Cash Flow Problems

HONG KONG and SHANGHAI, June 2, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) announces that according to the SME..
PR Newswire Asia - Published

Get Ready to Buy the Salesforce Post-Earnings Dip

The start of 2020 was good, and shareholders can’t complain much about guidance with a recession underway.
Motley Fool - Published

BTIG warns stocks will plunge 15-20% from current levels, as US protests add to the market's 'menu of uncertainties'

btig warns stocks will plunge 15-20% from current levels, as us protests add to the market's 'menu of uncertainties'
· BTIG's chief strategist Julian Emanuel warned investors to prepare for a 15-20% pullback in stocks, saying that widespread protests in the US have added to "menu of uncertainties" in the market. ·..
Business Insider - Published

ATWEC to Introduce New COVID-19 UV Sterilization System by Fall of 2020

atwec to introduce new covid-19 uv sterilization system by fall of 2020
*MEMPHIS, TN / ACCESSWIRE / June 2, 2020 /* ATWEC Technologies, Inc. (OTC PINK:ATWT), a US-based technology company specializing in child safety, is pleased to announce its new KV-X, a COVID-19 UV..
Accesswire - Published

Investment banks are torn on which way the market is heading. Citi warns stocks are 'way ahead of reality,' but JPMorgan says they can climb higher.

investment banks are torn on which way the market is heading. citi warns stocks are 'way ahead of reality,' but jpmorgan says they can climb higher.
** · *Experts disagree on whether the recent stock rally is overblown or set to continue.* · *"We definitely feel that the markets are way ahead of reality," Citigroup executive Manolo Falco told..
Business Insider - Published

4 Ways to Resist Emotional Trading During This Recession

Don't let your emotions get the best of you in turbulent markets.
Motley Fool - Published

China refuses from US food

Chinese state-owned companies have suspended the purchases of American food in response to Washington's decision to strip Hong Kong of its privileged bilateral trade status. The development of this..
PRAVDA - Published

10 things you need to know before the opening bell

10 things you need to know before the opening bell
Here's what you need to know before the markets open. 1. *Global stocks jump as analysts say widespread protests in the US will have 'little to no effect' on markets**.* "Other than insurance and..
Business Insider - Published

The French economy will shrink 11% this year in a 'brutal' recession after the country imposed one of Europe's harshest pandemic lockdowns

the french economy will shrink 11% this year in a 'brutal' recession after the country imposed one of europe's harshest pandemic lockdowns
· *The French government has cut its annual GDP forecast to -11% from -8% this year, in anticipation of a deeper recession than expected triggered by the coronavirus pandemic.* · *"The economic..
Business Insider - Published

Germany is planning a fresh $112 billion domestic coronavirus stimulus package, just days after the EU launched its historic $826 billion plan

germany is planning a fresh $112 billion domestic coronavirus stimulus package, just days after the eu launched its historic $826 billion plan
· Germany could launch a fresh package of stimulus of as much as 100 billion euros ($112 billion) to defend against the coronavirus, Bloomberg reported, just days after the EU proposed a 750 billion..
Business Insider - Published

Best’s Market Segment Report: AM Best Assigns Negative Outlook to Spain’s Life Insurance Market

best’s market segment report: am best assigns negative outlook to spain’s life insurance market
LONDON--(BUSINESS WIRE)--AM Best has assigned a negative market segment outlook to the Spanish life insurance market. Key supporting factors include AM Best’s expectation of a negative impact on..
Business Wire - Published

The car industry now: Is this the best time to buy a new car?

As dealerships reopen for the first time since lockdown, customers might expect better deals - but that may not be the case Unless you move quickly and take advantage of dealers and manufacturers..
Autocar - Published

'The stock market doesn't care about social justice': Jim Cramer says investors are backing potential winners from protests

'the stock market doesn't care about social justice': jim cramer says investors are backing potential winners from protests
· *Stocks shrugged off mass protests to close higher on Monday because investors expect some companies to benefit, Jim Cramer said on "Mad Money" on Monday.* · *"The stock market doesn't care about..
Business Insider - Published

Global stocks jump as analysts say widespread protests in the US will have 'little to no effect' on markets

global stocks jump as analysts say widespread protests in the us will have 'little to no effect' on markets
· *Global stocks climbed on Tuesday as investors largely ignored mass protests in the US, threats from President Donald Trump to deploy military forces to quash the protests, and a backdrop of..
Business Insider - Published

Former PMs among world leaders callin...

A joint letter from 225 world leaders and experts calls for quicker action to avoid a deep global recession.
Express and Star - Published

Aves One remains on the path of operational growth in the 1st quarter

DGAP-News: Aves One AG / Key word(s): Quarterly / Interim Statement 02.06.2020 / 08:30 The issuer is solely responsible for the content of this announcement.*Aves One remains on the path of..
EQS Group - Published

Apprenticeship fees scrapped for all from July 1

apprenticeship fees scrapped for all from july 1
The Government has scrapped fees for all apprentices from July 1 in a bid to maintain trades training through the Covid-19 recession.The $320 million programme aims to stave off a sharp drop in..
New Zealand Herald - Published

Small Banks Make Outsized Impact In PPP Applications

small banks make outsized impact in ppp applications
Watch VideoSarah Ladley was approved for emergency funding in the second round of the Paycheck Protection Program. But getting there was difficult. Ladley’s food truck, Ba-nom-a-nom, specializes..
Newsy - Published

A new Republican bill would give people a $1,200 hiring bonus for going back to work after coronavirus lockdowns

a new republican bill would give people a $1,200 hiring bonus for going back to work after coronavirus lockdowns
· Republican Rep. Kevin Brady unveiled a bill that would offer a $1,200 cash bonus for Americans going back to work. · It would be equivalent to collecting two weeks of ramped-up unemployment..
Business Insider - Published

US stocks climb as economic-reopening hopes overshadow protests, China tensions

us stocks climb as economic-reopening hopes overshadow protests, china tensions
** · *US stocks traded climbed on Monday as optimism around economic reopenings offset nationwide protests and new trade stresses between China and the US.* · *A key measure of US manufacturing..
Business Insider - Published

Gun stocks rally amid nationwide protests and looting

gun stocks rally amid nationwide protests and looting
· *Gun stocks surged through Monday's session after several of the weekend's police-brutality protests turned violent.* · *Smith & Wesson climbed as much as 28%, while Taser-manufacturer Axon..
Business Insider - Published

The Atlanta Fed's latest model estimates a 52.8% GDP contraction this quarter as the US grapples with COVID-19

the atlanta fed's latest model estimates a 52.8% gdp contraction this quarter as the us grapples with covid-19
· *A rolling GDP "nowcast" from the Federal Reserve Bank of Atlanta sees US growth shrinking 52.8% on the coronavirus' economic fallout.* · *The estimate is down from a May 29 projection of -51.9%..
Business Insider - Published

George Soros made 8 predictions about politics, financial markets, and Facebook. Here's how they turned out.

george soros made 8 predictions about politics, financial markets, and facebook. here's how they turned out.
· *The billionaire investor George Soros is known for making a series of predictions across topics as diverse as social-media networks, the Chinese economy, and Iranian politics.* · *Markets Insider..
Business Insider - Published

Here's how 4 financial experts think protests could negatively affect markets and the US economic recovery

here's how 4 financial experts think protests could negatively affect markets and the us economic recovery
** · *Protests and lootings taking place across the US in response to the May 25 death of George Floyd in police custody could weigh on both markets and the economic recovery, according to..
Business Insider - Published

Nationwide Uprising Against Failed State Triggered By Police Killings – OpEd

The nationwide uprising sparked by the murder of George Floyd and other recent racially-motivated events is a response to the bi-partisan failed state in which we live. It comes in the midst of the..
Eurasia Review - Published

MORGAN STANLEY: The market's hottest stocks are in danger of being disrupted to a degree not seen since the Great Recession. Here's how to adjust your portfolio for the coming shift.

morgan stanley: the market's hottest stocks are in danger of being disrupted to a degree not seen since the great recession. here's how to adjust your portfolio for the coming shift.
· So-called momentum stocks that are popular because of their persistent price gains are trading with their highest volatility since the 2008 financial crisis, according to Morgan Stanley. · This..
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Hedge-fund boss Crispin Odey is famous for his bearish bets. Here are 10 of his best quotes on investing.

hedge-fund boss crispin odey is famous for his bearish bets. here are 10 of his best quotes on investing.
· *British hedge-fund boss Crispin Odey is one of the most influential and best-known fund managers in Europe.* · *Odey Asset Management made a sizeable £115 million ($142 million) in just three..
Business Insider - Published

April construction spending falls 2.9% as virus upends work

WASHINGTON (AP) — U.S. construction spending fell 2.9% in April with broad declines across all building activity as shutdowns hobbled projects and workers were told to stay home. The Commerce..
SeattlePI.com - Published

TLC and Limestone FX Join Forces to Win the First Battle

tlc and limestone fx join forces to win the first battle
*HONG** **KONG, CHINA / ACCESSWIRE / **June 1, 2020** /*In early 2020, a sudden financial crisis resulting from the COVID-2019 pandemic caused unprecedented panic and turmoil in the global financial..
Accesswire - Published

$85.7M sale ranks among Denver's largest single-building industrial deals

The current tenant's "recession-resiliency" was a selling point.
bizjournals - Published

Cloud Communication Platform Market Prospers in the New Working Reality of COVID-19 Outbreak, Says Future Market Insights New Report

cloud communication platform market prospers in the new working reality of covid-19 outbreak, says future market insights new report
*As a majority of employees have been displaced to their homes amidst the virus spread, having a foolproof cloud communication platform solution is becoming a business essential.* *DUBAI, UAE /..
Accesswire - Published

Goldman Sachs starts shorting the dollar as economic reopenings boost foreign currencies

goldman sachs starts shorting the dollar as economic reopenings boost foreign currencies
· *Some nations' strong fiscal positions and smooth reopenings are creating attractive opportunities to short the dollar, Goldman Sachs said in a Sunday note.* · *The firm highlighted the Norwegian..
Business Insider - Published

A Dividend-Growth Stock for Big Monthly TFSA Income

Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) is one of many dividend-growth stocks that TFSA investors should seek to own in a recession. The post A Dividend-Growth Stock for Big Monthly TFSA..
Motley Fool - Published

Morning View - Amur Minerals; Mkango Resources; Savannah Resources; Strategic Minerals and more...

SP Angel . Morning View . B01 06 20 Gold prices jump as riots weaken US dollar and new China security law on HK MiFID II exempt information – see disclaimer below         Amur Minerals*..
Proactive Investors - Published

Drug maker asks for IDA tax breaks; promises no new jobs

InvaGen Pharmaceuticals is seeking aid to modernize one of three Suffolk factories; the firm pledges to maintain current employment through the recession. 
Newsday - Published

Run-down Auckland bungalow sells for $1.14 million

run-down auckland bungalow sells for $1.14 million
A run-down 120-year-old house has sold for $1.14 million in Auckland despite warnings that house prices are about to plunge because of the Covid-19 recession.The 124-square-metre bungalow at 10..
New Zealand Herald - Published


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