As the coronavirus pandemic is causing many shutdowns, a record number of workers have been laid off. An extension to unemployment insurance will give $600 to every U.S. worker for four months. Uniform payments might seem unfair, but computer systems are very old and cannot handle different benefits. The coronavirus is bringing its share of […]

The stock market looks set to secure a solid weekly gain, Friday’s downturn notwithstanding. But that’s just the sugar rush from the $2 trillion stimulus package and a promising slowdown of coronavirus cases in China. A famed Wall Street economist says the stock market still hasn’t priced in stagnant corporate profits and ballooning corporate debt. […]

Aging and largely irrelevant rockers Bon Jovi released a new single, “Unbroken,” which features the hidden musical talents of Prince Harry. Proceeds from the track, which was recorded at Abbey Road studios, will go to the Invictus Games Foundation. The single will feature on Bon Jovi’s upcoming album, which looks like a cynical ploy to […]

U.K. Prime Minister Boris Johnson became the first major world leader to test positive for coronavirus. He may have infected countless other vital members of the U.K.’s coronavirus response team – maybe even the Queen. He is likely the first of many shocking high-profile coronavirus cases to emerge in the coming days. The U.K. government […]

The Dow’s recovery ended on Friday as the United States became the most-infected country in the world. Now that the coronavirus stimulus package has been absorbed, the Dow has little in the way of the catalyst to fuel a sustained rally. Profit-taking will likely erase most of this week’s gains. The Dow Jones Industrial Average […]

The U.S. stock market is set to open with a 2% drop after a strong day of recovery on Thursday. Analysts believe the recent upsurge resembles the 1929 Great Depression bull trap. The number of coronavirus cases is still rapidly increasing and there are no clear fundamental factors to support an extended stocks rally. The […]

Starbucks CEO Kevin Johnson sees the U.S. going through the same trend as China in dealing with coronavirus. China reopened factories and most businesses 9 weeks after the virus outbreak was reported. That time period would coincide with summer, with warm weather speculated to weaken the coronavirus. Starbucks thinks the U.S. is seeing a similar […]

The United States has become the epicentre of the coronavirus pandemic. Confirmed U.S. cases has overtaken China and this is ‘only at the beginning’. 85,991 Americans have been infected with the death toll hitting 1,000. Coronavirus cases in the U.S. have accelerated so fast – jumping by 18,000 cases on Thursday – the nation has […]

Amazon has at least ten confirmed cases of COVID-19 across its U.S. warehouses. COVID-19 can remain “stable” on cardboard for 24 hours, three days on plastic and stainless steel. U.S. senators have questioned Amazon’s working conditions and if they are putting the country at risk. As coronavirus gripped headlines over the past several weeks, at […]

Coronavirus may transition into a seasonal winter disease according to American scientists. This suggests that people who don’t get infected in the first wave of the virus may face reinfection when it comes back in the future. Hard-hit countries like China, the United States and Italy may develop herd immunity. This could soften the blow […]

Borderlands is finally making its way to Nintendo Switch. The physical version requires a massive download to play all three games of the collection. This is a slap in the face to anyone purchasing Switch games without a big micro SD expansion card. It’s official. Borderlands Legendary Collection is coming to Nintendo Switch. Soon you’ll […]

June gold futures peaked at $1,677.20/oz., fully offsetting losses incurred over a ten-day slump earlier this month. Bullion is one of the only positive-returning assets of 2020, partly because options for wealth preservation are extremely limited right now. U.S. economic numbers are about to get even grimmer as millions are laid off work amid the […]

Donald Trump is making a dangerous gamble by telling the stock market the economy will reopen by Easter. Stocks are surging now, but health officials aren’t confident the president can deliver on his promise. He may be about to learn a painful lesson. Donald Trump has not had an enviable month. He spent his first […]

Fed Chair Jerome Powell did a rare interview on “Today.” While his appearance was alarming in itself, the Federal Reserve Chair’s conflicting messages sent a worrisome signal about the economy. If there’s “nothing fundamentally wrong with our economy,” why is the Fed pumping $4 trillion into it in one fell swoop? Fed Chair Jerome Powell […]