China was the only economy to grow in 2020
JUST IN: China was the only economy to grow in 2020 They attribute their "hard-won" economic gains to the "strong leadership and scientific decision-making" of the Communist party leadership "with…
Billionaires thriving as poor suffer under COVID-19 – Reuters
The 10 richest men, including Amazon's Jeff Bezos, Tesla founder Elon Musk, Microsoft's Bill Gates and Facebook CEO Mark Zuckerberg, saw their net worth increase by $540 billion LONDON, Jan…
World’s richest men added billions to their fortunes last year as others struggled
The pandemic has forced untold hardships onto many Americans, with tens of millions of families now reporting that they don't have enough to eat and millions more out of work…
Billionaire wealth rises to more than $10 trillion for first time ever amid pandemic
Rich get richer as millions of Americans fall into poverty and 100 million plunge into "extreme poverty" globally Source: Billionaire wealth rises to more than $10 trillion for first time…
World leader doesn’t follow the C19 rules
Netherlands' King Willem-Alexander and his wife cut short a vacation to Greece on Friday after coming under criticism for travelling during the coronavirus pandemic. “We see the reactions by people…
Governments Use Pandemic To Crack Down On Online Dissent | Barron’s
Governments around the world are using the pandemic as a justification to expand surveillance and crack down on dissent online, resulting in a 10th consecutive annual decline in internet freedom,…
Costa Rica protests the IMF
Costa Rican President Carlos Alvarado on Sunday withdrew a negotiation proposal with the International Monetary Fund and called for a national dialogue after a wave of protests in the country.…
‘Free money’ for banks as investors pile into fractured gold market | Reuters
The world’s largest 50 investment banks are on track to double their income from precious metals this year to around $2.5 billion, most of it from gold, Coalition, a banking…
Billionaires are profiting from a pandemic – Baltimore Sun
Since the start of the pandemic, American billionaires have been cleaning up. As more than 50 million Americans filed for unemployment insurance, billionaires became $637 billion richer. Facebook CEO Mark…
Ultra-Rich Tiger 21 Club Stockpiles Cash as U.S. Economy Fears Grow
(Bloomberg) -- A group of multimillionaire investors in the U.S. are hoarding cash at unprecedented levels.Tiger 21, a club of more than 800 investors, reported Thursday that its members have…
Dollar Tree and Dollar General sales soar
Even as coronavirus fears prompt consumers to rethink their shopping strategies, dollar-store giants Dollar Tree and Dollar General continue to win over deal seekers. Both chains posted second-quarter earnings results…
Stock Markets Soar To Record Highs
But the booming stock markets will offer little solace to the many millions of people who have lost their jobs and livelihoods as the coronavirus pandemic pushes economies around the…
Home Depot posts record sales – Reuters
The company’s same-store sales jumped 23.4% in the second quarter, surging past analysts’ average estimate of a 10.5% rise, as the home improvement chain emerged as one of the corporate…
The Luxe Quarantine Lives of Silicon Valley’s Elite | Vanity Fair
Are you going to Travis Kalanick’s party this weekend?” read a text that popped up on my phone a couple of weeks ago. “Umm, no!” I replied. First, I…
Bloomberg: The richest families in the world, ranked
The richest families own billions, possessing $1.1 trillion in wealth collectively, according to Bloomberg. Source: Bloomberg: The richest families in the world, ranked - Business Insider
Australian ‘state’ to deploy military, impose hefty fines to enforce virus lockdown – Reuters
SYDNEY (Reuters) - Australia’s second-most populous state Victoria said on Tuesday military personnel will be deployed to enforce COVID-19 isolation orders, with anyone caught in breach of those rules facing…
How billionaires have stayed at the top during the pandemic – Video
How billionaires have stayed at the top during the pandemic while the US middle and lower classes are experiencing losses pic.twitter.com/ObFSY8uuoO— Business Insider (@businessinsider) August 1, 2020
Big Tech Is Inescapable – The Atlantic
Like many professional families, mine is spending most of our time at home. I watch our younger daughter while my wife works, then we swap. I cheat, though, letting my…
U.S. agrees to pay Pfizer and BioNTech $2 billion for coronavirus vaccine
Under the agreement, the U.S. will get 100 million doses of the vaccine, if it works, and can acquire 500 million additional doses if needed. The U.S. will pay Pfizer…