Category: Banking & Insurance

Chinese Companies Must Play By American Rules Or Be Banned From U.S. Exchanges, Senate Rules

The new bill passed by the Senate would force Chinese companies to certify that “they are not owned or controlled by a foreign government.”

Best Buy Earnings Fall, Target Sales Soar: Here’s How All The Big Retailers Fared In The First Quarter

Retailers have seen higher demand, with online sales booming, but also higher costs related to the pandemic.

Dow Jumps Nearly 400 Points As Amazon And Facebook Hit New Record Highs

U.S. tensions with China continued to flare up.

DraftKings Shares Skyrocket Thanks To Bets On Table Tennis, Korean Baseball

Online gamblers are making unusual bets in the absence of traditional sports.

60% Of America’s CFOs Don’t Expect A Return To Normal Until At Least 2021

Most companies will continue to allow employees to work from home after the crisis is over, findings show.

Dow Falls 400 Points As Questions Are Raised Over Moderna’s Coronavirus Vaccine

Retail and bank stocks were hardest-hit on Tuesday.

Cuomo: New York Down To 400 New Coronavirus Cases Per Day

Half of New York’s ten regions have begun a phased reopening.

Republicans ‘Appalled’ By $3 Trillion Heroes Act, As Democrats Urge Its Passing

Political leaders had mixed reactions to the bill’s passage through the House, largely splitting along party lines.

Here’s Why House Democrats’ $3 Trillion Coronavirus Relief Bill May Fail

The House will vote on the legislation Friday evening and not all democrats are on board.

Cuomo: Five New York Regions To Begin Reopening Today

Confirmed cases in New York continue to decline, as that number increases across the rest of the country.