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…
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 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,…
Citron Research has termed ElectraMeccanica Vehicles Corp.’s stock, SOLO, a complete joke and said it is overvalued in a Citron’s Tweet. Andrew Left’s Research company believes the stock will trade…
Nike announced on Friday it would raise its quarterly dividend by 12% or 3 cents per share, a rare reflection of financial strength in the middle of COVID-19 pandemic, according…
Ethereum's number of addresses holding 1+ coins reached 1,170,598 on Friday, according to Cointelegraph. Ether traded at over $500, continuing a strong upward trend that started in early November. The…
Brent crude futures gained 28 cents or 0.6%, at $44.46 a barrel at 1027 GMT, and were on track for a third consecutive weekly rise following successful COVID-19 vaccine trials,…
Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell clashed over whether the U.S. should maintain emergency lending programs to support the economy. In a letter to Fed on…
G-20 countries have deployed about $11 trillion to accelerate equitable and sustainable recovery from the coronavirus, according to CNBC. The spending is, by comparison, more than twice the gross domestic…
ECB fiscal support, G-20 joint economic stimulus, Nvidia Q3 revenues and U.S. jobless claims, existing home sales. What impacted the markets today? Global Insights U.S. stocks were weighed down by…
U.S. sales of existing homes in October rose 4.3% from September and 26.6% annually to a seasonally adjusted annualized rate of 6.85 million units, above expected 6.47 million, according to…