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Tag: Outlook

‘A fool’s game’: 4 economists break down what it’s like forecasting the worst downturn since the Great Recession

A number of economic indicators including retail sales, consumer sentiment, and more have posted record drops amid the coronavirus pandemic, while weekly jobless...

Exploring the Expanse: 30 Years of Hubble Discoveries

If you think back almost 12 months, you’ll remember that the markets opened the year with extreme levels of volatility. Stocks had just finished...

Crypto Firms Brace as World Bank Predicts 20% Crash in Global Remittances

The World Bank has predicted that the global remittance industry will retract by 20% amid the global economic slow-down resulting from the coronavirus...

Survey: Lack of Knowledge is Preventing Mainstream Adoption of Crypto

A survey published by peer-to-peer Bitcoin (BTC) marketplace, Paxful, has found that Americans with a working knowledge of cryptocurrency believe that the largest...

Coronavirus Has Put Bitcoin’s Safe Haven Narrative to the Test

The price of Bitcoin (BTC) suffered a tremendous crash on March 12, falling from almost $8,000 to stabilize at around $5,000, a loss...

Here’s why you can’t find frozen fries, while U.S. farmers are sitting on tons of potatoes

(Reuters) - Shopper Lexie Mayewski is having a hard time finding frozen french fries in Washington, D.C.-area supermarkets in the wake of coronavirus-fueled...

Crypto Banks Answer the Call Amid Coronavirus-Fueled Economic Decline

As 2020 staggers on, the scourge of the coronavirus is showing no sign of relenting any time soon. Since the reality of the...

This Week in Fintech ending 24 April 2020

This weekly summary from our 7 experts, brings you insights based on their experience as investors, entrepreneurs & executives. To continue receiving This Week...

Asian stocks fall, Europe set to follow on doubts over coronavirus drug

TOKYO/WASHINGTON (Reuters) - Asian shares and U.S. stock futures fell on Friday, spurred by doubts about progress in the development of drugs to...

Millions of Americans join unemployment line as coronavirus savages economy

WASHINGTON (Reuters) - A stunning 26.5 million Americans have sought unemployment benefits since mid-March, confirming that all the jobs gained during the longest...

Equities climb on oil price rebound, stimulus hopes

NEW YORK (Reuters) - World stock markets climbed on Thursday as investors weighed a rebound in oil prices and prospects for further government...

Alcoa Cuts Supply and Pulls Outlook for Reeling Aluminum Market

One of the most recognizable names in the aluminum market offered little optimism for the industry as it’s rocked by the coronavirus crisis....

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