Month: December 2020
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Biden May Not Roll Back Trump Campaign Against China Tech
Joe Biden has said that he is unlikely to reverse the challenge to China’s technology industry put by the Trump administration. Trump has challenged China’s tech industry on many occasions by issuing executive orders and sanctions. In a recent interview, Biden said that he is likely to continue such a policy in the future. Experts…
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Wells Fargo’s Top 10 Predictions For 2021
Wells Fargo Securities has come out with its top ten predictions for the next year. It is interesting considering the pandemic situation, and many businesses are hoping that the availability of vaccines will put them back to their normal position in 2021. Wells Fargo’s Top 10 Predictions For 2021 One of the biggest predictions made…
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Independent Movie Theatres Hope To Survive With Federal Aid
The Covid 19 crisis has affected movie theatres in a big way as their business is down by more than 80% since March. Many small independent movie theatres are on the verge of shutting down due to lack of business. However, the federal aid that is supposed to help the small movie theatres and art…
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Coronavirus Has Crippled US Auto Sales In 2020
The sales of new vehicles in the US is expected to come down by at least 15% this year when compared to 2019. This is one of the worst annual declines for the auto industry since 1980. Coronavirus Has Crippled US Auto Sales In 2020 Considering the numbers, the rapid fall in sales of new…
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Former Florida Covid-19 Data Manager Files Suit Over Raid
The former Florida Covid-19 Data Manager, Rebekah Jones has alleged that the raid on her house by the Florida Department of law enforcement was done as she did not agree to alter the covid-19 data. Jones worked as a data manager in the covid-19 department before she was fired from her job in May. She…
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Americans Face Lapse In Jobless Aid Due To Outdated State Systems
Even as Congress managed to come to an agreement to extend the financial relief for jobless Americans, several millions of them could see their unemployment benefits lapse during Christmas. It may take several weeks for the aid to reach the beneficiaries due to the outdated systems of the States. Americans Face Lapse In Jobless Aid…
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S&P Nears Record Due To Fed Moves And Stimulus Progress
The S&P 500 is close to its record high due to progress in the stimulus package and the stance of the Federal Reserve. The Federal Reserve on Wednesday announced that it would continue to buy bonds till the economy makes a decent recovery from the pandemic situation. S&P Nears Record Due To Fed Moves And…
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Walmart Announces Shipping Deadlines For Christmas 2020
Walmart has announced the deadline for Christmas deliveries this year. Consumers can place orders till Tuesday to ship gifts using the services of the US Postal Service, UPS, and FedEx. According to the announcement made by the company, December 19 is the last deadline for free two-day shipping. On the other hand, December 21 is…