[Washington Post] The pandemic’s devastating economic toll came into sharp focus Friday, via grim data about the U.S. workforce: More than 20 million jobs disappeared from payrolls in April — wiping out a decade of gains in a single month as the unemployment rate jumped to 14.7 percent, highest since the […]
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[USA TODAY] The U.S. economy lost 20.5 million jobs in April and the unemployment rate soared to 14.7% — both record highs — laying bare the starkest picture yet of the crippling gut-punch delivered by the coronavirus pandemic. In just a month, the historically dismal performance abruptly wiped away nearly all the nation’s […]
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[NBC NEWS, GETTY IMAGES] Shopping for face masks? We consulted medical experts on how to shop for face masks and rounded up those adhering to the CDC’s guidelines. The Centers for Disease Control and Prevention advised Americans last month to wear face masks while in public to minimize the spread of COVID-19 — guidance which seems […]
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[THE ATLANTIC] So far, all available evidence suggests that few Americans were infected in the first weeks of the year. It would be next to impossible to find out who they were. There is no doubt that the coronavirus was spreading in the United States in January. We can at […]
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[INVESTORS, (©Chris Gash)] The stock market held gains at midday Friday, demonstrating faith in an economic recovery after a stunning unemployment report that showed a historic drop in jobs. The Nasdaq composite climbed 1.5% and was on track for a fifth consecutive gain. The S&P 500 added 1.4%. Small caps […]
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[Investors Place, Shutterstock] The 5G revolution is coming, and that means it’s time to look for the best 5G stocks to buy to play this revolution. First, let’s take a step back. What exactly is 5G? 5G is simply the 5th Generation (hence 5G) mobile network. It naturally follows 1G, 2G, 3G, […]
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[Business Insider, Getty Images] When the Federal Reserve dropped the federal funds rate target to zero in March 2020, the average interest rate fell to a record low. As interest rates fell, I jumped at the opportunity to save on my mortgage. Instead of opting for the lowest-possible payment on a […]
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[InvestorPlace] Here are the top stock trades we’re watching for Monday morning Despite more than 20 million job losses in April, equities continued to power higher on Friday. Let’s look at a few top stock trades for next week. Top Stock Trades for Tomorrow #1: Invesco QQQ ETF Click to […]
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BY SAMUEL HAIG (Cointelegraph) With the Bitcoin halving set to transpire in just a few days, analysts are predicting significant disruptions to mining operations. With Bitcoin (BTC) block rewards expected to halve during the early hours of May 12, many analysts are starting to weigh in on what the event […]
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[Bloomberg] Becomes one of first big-name investors to embrace crypto. Private Company Macro investor Paul Tudor Jones is buying Bitcoin as a hedge against the inflation he sees coming from central bank money-printing, telling clients it reminds him of the role gold played in the 1970s. “The best profit-maximizing strategy […]
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