Dow Jones industrial Average Hits a Historical Record to Trade above 30,000
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 Falls to 96.1 November
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…
U.K. Car Industry Could Lose up to $74 billion by 2025 in a No-Deal Brexit
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 Earnings Top Estimates In The Third Quarter, But Shares Plummet
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…
Gsa Will Provide Biden With The Resources To Begin The Presidential Transition
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…
Germany Economy Grew by 8.5% in Third Quarter amidst Recession Fears
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 Surges Past $19,000 First Time Since 2017
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%…
What Moved Markets Today: Monday FXAudit Review
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 Residents Received $40 Billion in Stimulus Benefits-Mayor
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 to Install a Fiber-Optic Network to Connect Via Saudi Arabia and Israel
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…
U.K Private Sector Output Falls the Sharpest Since May. Offsets 4-Month Expansion Gains
U.K’s private sector growth tumbled to a five-month low of 47.4 in November, down from 52.1 in October, according to IHS Markit’s press release. The decline was better than the…
Regeneron Receives Emergency Use Authorization for COVID-19 Therapy
Regeneron Pharmaceutical Inc.'s REGN-COV2 has been authorized by the U.S. drug regulators to treat early, mild to moderate COVID-19 symptoms in adults and some children of at least 12 years,…
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