The sun shines again on the American economy as the stocks continue to rise, and the US manufacturing gets closer to expansion. Concurrently, another round of stimulus checks to US citizens is a step in the right direction. Currently, the stock market takes a sigh of relief as the S&P 500 reaches its two-week record Read More…
As many countries come back to the new mainstream steadily lifting prohibitions, there is no agreement on the recovery of the eurozone fund. The EUR/USD rate has escalated from 1.08 last March to around 1.12 nowadays showing signs of improvement for the euro. In the next months, though, there is the need for a compromise Read More…
The number of Americans that applied for employment benefits heightened at an unprecedented rate for the second week. The increase in the rate of unemployment shows that the expected labor market recovery is slowing down against expectations. The previous numbers of people who regularly claimed unemployment benefit reduced by 60,000 to 1.48 million last week Read More…
US New home sales hit an unprecedented record last May. The Coronavirus epidemic brought the market to a standstill. However, the aftermath of low mortgage rates it created got many buyers rushing back into the housing market. The sale of single-family houses rose by 16.6%, making the second-biggest number of sales recorded in a month Read More…
ECommerce stock prices soar high, thanks to Coronavirus and social distancing. The contemporary wave of online shopping has seen an interesting new dimension to the COVID-19 Crisis. While traditional shopping gets limited due to lockdown measures, online shopping has become more dynamic. People who previously wouldn’t purchase things online are now compelled by the present situation to start looking online. Read More…
Technically, de-urbanization would further slow down economic growth. Unlike developed nations, the continuous movement of individuals from rural regions to expanding city areas has become vital to reduce poverty in developing countries. That said, there is a need for better economic policies to ensure financial stability for cosmopolitan cities that may have long-term consequences. Responses Read More…
