Tag Archives: coronavirus

The Economic Stimulus Package Has Passed in the Senate

Once again, the stock market has continued to move upward. The key factor was the completion of the $2 trillion economic stimulus package in the Senate. The next step is for it to go to the House for their approval, where it is expected to be quickly passed. President Trump has already said that he will sign it. The Distribution ...

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Politicians Want End of Drug Reliance from China

Amid the rapidly growing coronavirus situation, which certainly has most everyone’s attention, two politicians bring up once again the matter of drug shortages in the United States. The matter was first brought to light back in 2011, which saw a shortage of injectable drugs, and it resulted in the formation of the Drug Shortage Task Force, an agency overseen by ...

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The Stock Market Rallies Once Again

After a large loss yesterday at the stock market, Tuesday saw a large recovery. Investors are glad to see such a strong one-day gain after things were looking quite bleak on Monday. Salary Tax Cuts for Business Promised One of the events that were believed to bring some positive action to the markets was the White House’s move to help ...

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The Oil Wars Have Begun

After a deal between Russia and OPEC could not be reached, oil prices were sent to levels it has not seen since 2016. Russia was hoping to broker a deal with Saudi Arabia in which overall oil production would be reduced. The major oil-producing company refused to cut production. In fact, they did the opposite – announcing that they would ...

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What Investments to Make While Coronavirus Spreads

In the past few days, the stock market has taken quite a loss. This may have you wondering if you should be investing in stock at all or what kind of stock you might buy in light of the current stock market losses. Remember that while some sectors may experience losses, such as oil and transportation, other markets will thrive. ...

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Stock Markets Hit Record High as China Seeks to Reboot Business

The major stock markets hit new highs by the end of the trading day on Wednesday. News that the number of new infections of coronavirus was down for the second day in a row seems to have lifted the cloud hanging over many investors. China has also announced that it is seeking to get more businesses open and operating. More ...

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The Oil Market Slowdown

China reported earlier today that there was a decrease in the daily number of deaths from coronavirus. While this is certainly good news, there is no way of knowing whether the trend will continue. Many markets have been affected, and the oil market continues to suffer from it. Oil Prices Slip At 2:00 pm, oil is showing a slight dip ...

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Coronavirus Affects Apple’s Manufacturing – May Lower Stock

Foxconn is one of the major producers of goods for Apple through the Hon Hai Precision Industry Co. The largest manufacturing plant of iPhones is in Zhengzhou. Since the coronavirus struck China and many cities quarantined, the factories that make goods for Apple have been closed. News has been contradictory from China as to when the plants will reopen. At ...

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How Coronavirus Is Affecting the Stock Market

There is now no doubt that coronavirus is seriously beginning to affect the market. It appears to be affecting markets all across the board, which has dropped considerably. The only thing doing well today is gold. Gold prices today have reached the highest levels since 2013. China and Coronavirus Coronavirus continues to spread and the news coming out of China ...

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How Coronavirus Is Affecting the Travel Industry

With coronavirus spreading in China and now in other nations, the travel industry is being greatly affected. In China, this is the Lunar New Year and it is when millions of Chinese go and visit family and loved ones. It has been called the world’s biggest migration as hundreds of millions of Chinese travel in-country and internationally. The travel season ...

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