President-elect Joe Biden announced plans to nominate former Federal Reserve Chair Janet Yellen as Treasury Secretary. If approved, Yellen, 74, will become the first woman to head the Treasury Department.…
Japanese weekly consumption has recovered to the level of the past three years since September, according to the Government of Japan Cabinet Office press release. Here are the key highlights…
Dow Jones industrial Average Hits a Historical Record to Trade above 30,000 Dow Jones Industrial Average rose to 30,000 for the first time on Tuesday. The rise was led by…
U.S. Consumer confidence plummeted to a reading of 96.1 in November, down from October's 101.4, and expected 98, according to Nasdaq. The fall in consumer confidence was attributed to a…
Britain’s Society of Motor Manufacturers and Traders (SMMT) on Tuesday called on Brexit negotiators to clinch a deal by the end of 2020 since a no-deal outcome could cost the…
Best Buy’s same-store sales rose 23%, more than expected 13.6%, while online sales in the U.S. grew by 174% in the third quarter, according to the company’s press release. The…
Emily Murphy, the General Services Administrator, said on Monday that she would avail resources and services to help President-elect Joe Biden begin his presidential transition, according to Business Insider. The…
German’s gross domestic product (GDP) expanded by a record 8.5% in Q3, more than expected 8.2%, according to the Federal Statistical Office’s press release. The growth was a recovery from…
Bitcoin rose as high as $19,103 on Tuesday, the first time since 2017, as the interest in digital currencies continues to grow. The digital currency pared and traded up 2.2%…
Regeneron COVID-19 therapy, U.K private-sector output, Google's fiber-optic network, and New York stimulus benefits - what you've missed at the week start? Global Insights U.K stocks were weighed down by…
New York Mayor Bill de Blasio said the residents of the city received $40 billion in stimulus help to recover from the Coronavirus, Bloomberg reports. The relief includes stimulus checks,…
Google is laying the groundwork for a fiber-optic network connecting historical enemies Saudi Arabia and Israel, according to The Wall Street Journal. The project is Google’s latest globe-crossing internet construction…