Month: May 2020

The U.S. coronavirus death toll is approaching 100,000 about five months after the first case of Covid-19 was confirmed in the country. More than 1.57 million people across the country have been infected, according to data compiled by Johns Hopkins University.  On Thursday, President Donald Trump told reporters that ”we are not closing our country” if
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Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles, California, U.S., on Monday, Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Nvidia reported first-quarter earnings after the bell on Wednesday. The stock fell over 1% in after-hours trading
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Pedestrians walk past a J.P. Morgan Chase bank branch. Alex Tsai | SOPA Images | Getty Images WASHINGTON — The beaten-down banking sector will remain under pressure through 2025 even as the economy recovers, the International Monetary Fund said Friday.  In its latest “Global Financial Stability Report,” the IMF found banks across nine advanced economies will struggle
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TOPLINE China pledged on Friday to uphold its commitments under the phase one trade deal with the U.S., including purchasing of American goods like soybeans and pork, as tensions between the world’s two largest economies flare up once again. Beijing promised to implement the phase one deal despite renewed tensions with Washington. Xu Congjun/VCG via
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Photo: Getty There is a metric in apartment investing known as cash-on-cash return. It represents the power of multiplying money. Consistent investment in strong performing assets over long periods of time yields the greatest return, so knowing how to calculate that return is essential. For many, it’s not the acquiring of money that’s the issue.
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Visitors browse at the display of Expedia during the International Tourism Trade Fair in Berlin. Fabrizio Bensch | Retuers Expedia reported its first quarter earnings after the bell on Wednesday, continuing to show the financial devastation the coronavirus is having on the travel industry.   Executives said during the company’s earnings call that Expedia was seeing
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