Mon, May 06, 2024

Month: April 2020

Local economy and its recovery

U.S. Should Spend Trillions of Dollars to Help the Economy

The ongoing coronavirus pandemic and how to deal with the economic impact of coronavirus remains the main topic of discussion. It will take one maybe even two years for the economy to rebound to full strength as coronavirus created a lot of problems. Moreover, the Federal Reserve, as well as Congress, will need to spend …

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Finger touching Amazon logo on a screen in a dark.

Hawley Requests for a Criminal Antitrust Probe into Amazon

Sen. Josh Hawley is calling on federal prosecutors to open a criminal antitrust investigation into Amazon. The Republican has urged the attorney general to make the move on Tuesday. Hawley presses the Justice Department to open an investigation into Amazon’s data tactics.  A report outlined several instances in which Amazon employees peered into the sales …

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Online stock trading platforms and new users

Online Stock Trading and First-Time Investors

Healthcare professionals, as well as authorities, underlined the importance of social distancing numerous times. Governments restricted the freedom of movement to curtail the number of new cases. Thanks to such efforts, countries avoided many problems related to coronavirus pandemic. Thus, millions of people spend more time at home and some of them started to use …

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Market Charts and Analysis

Daily Market Charts and Analysis April 29, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDUSD The better than anticipated results reported yesterday such as the consumer price index helped sealed the bullish AUDUSD pair. That means that the greenback will remain on the defending side as bullish investors …

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Legislators and cryptocurrencies

The Importance of Crypto and Blockchain Bills

Bitcoin is the oldest and biggest cryptocurrency when it comes to market capitalization. However, there are hundreds of cryptocurrencies across the globe. However, Bitcoin retains the status of the most valuable cryptocurrency for years. Moreover, crypto companies continue to expand their services to attract new customers as well as investors. It is worth mentioning that, …

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Currencies Severely Impacted By The Russia-Ukraine Conflict

Swedish crown climbed up against U.S. Dollar and Euro

The Swedish crown soared against the U.S. dollar and euro on Tuesday. The currency rose by 1.2% versus the greenback to 9.911, reaching a two-week high. And it climbed up by 0.6% against the euro to 10.7905, its highest point since mid-March. The central bank held interest rates steady. This, combined with stimulus measures issued …

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Stocks and online trading

Online Stock Trading Platforms and New Opportunities

The global economies are struggling to deal with the economic impact of the coronavirus pandemic. Authorities in many countries introduced strict measures to contain this virus. However, it will take several months if not more to solve some of the major issues. The coronavirus pandemic affected the stock markets around the globe. For example, the …

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How to earn cryptocurrencies

U.S. Lawmakers Introduced Dozens of Crypto-Related Bills

Cryptocurrencies continue to attract attention from investors, analysts, regulators, and etc. There is no shortage of interest when it comes to cryptocurrency and blockchain policy. It is not surprising as crypto-related companies have the potential to boost the economy. It is worth mentioning that, members in the House of Representatives, as well as U.S. senators, …

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The DJI logo at a DJI store.

DJI’s Mavic Air Upgrades to Mavic Air 2 | Wibest Broker

Two and a half years ago DJI introduced the first Mavic Air. The compact drone came with a 12-megapixel camera and a handful of different flying and shooting modes. It also came with new obstacle avoidance technology. However, short battery life is the Air’s biggest limiting factor. Now, it has upgraded its camera and with …

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Stocks and various factors, Baltimore

How Long It Will Take to Receive Unemployment Check

The coronavirus pandemic created a lot of problems for the U.S. economy. Once a thriving economy is struggling to cope with numerous challenges. Millions of Americans lost their jobs since the beginning of coronavirus pandemic. A historic $2.2 trillion coronavirus relief package expanded unemployment benefits in several ways, partly by increasing jobless pay by $600 …

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Commodity Trading

China’s Biggest Bank Suspends Retail Products in Commodities

China’s largest lender, the Industrial and Commercial Bank of China, halted sales of more products that let retail investors speculate on fluctuations in commodities after the unprecedented crash in crude oil burnt many. The lender will temporarily suspend the opening of new positions in products linked to crude oil, soybeans, and natural gas. The bank …

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Yen

Pound soared against U.S. Dollar and Euro. What about Yen?

The major currencies fluctuated on Monday. The sterling traded at 87.20 pence against the euro. It jumped against the dollar and the euro due to the reports that Britain may ease its lockdown this week. Moreover, Prime Minister Boris Johnson is also returning to work after recovering from the COVID-19 infection. Meanwhile, an EU meeting …

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