Markets
Wall St slips after strong recent rally, as COVID cases mount
Earlier, the S&P 500 e-minis triggered a "golden cross" pattern on Tuesday , when the 50-day moving average crossed above the 200-day moving average, which could portend more gains for stocks in the short term. What's more, some states that were among the first to ease restrictions saw their biggest number of cases over the weekend. Atlanta Federal Reserve President Raphael Bostic also told The... [Full Article...]
MSI President and CEO Charles Chiang Has Passed Away
Throughout the course of his tenure there, MSI has evolved from being motherboard and graphic cards makers to full-fledged laptops, PCs, as well as gaming peripherals. Chiang was found lying on the ground in the company's vehicle lane. The death however has occurred under circumstances that arise many questions and has been turned into a matter of police investigation thus far. [Full Article...]
Oil edges lower as United States inventory build stokes supply fears
However, what these means is that we could see the price of Crude oil breaking its strong support levels back below the$40 in Brent , more especially if the resurgence of the virus is not curtailed coupled with the fact that many oil traders are watching the crude oil inventory numbers cautiously, along with the implied demand for crude oil in gauging if the energy market is saturated. [Full Article...]
Audi Q4 E-Tron, 2021 BMW M4, 2020 Polaris Slingshot R
Rounding out the highlights are a large diffuser and a liftgate with an integrated spoiler. And although it might hamper visibility, we think it looks rather cool as a design element. The seats are draped in high quality Alcantara instead of the conventional leather. The lack of a traditional gear shifter on the central console has also freed up a fair bit of space for storage. [Full Article...]
What Is Blackout Day 2020 & How Can You Participate?
While the current campaign plans to boycott non-Black-owned businesses for only July 7, Calvin Martyr , founder of The Blackout Coalition , has previously said that this campaign can potentially be expanded upon even further in the future. [Full Article...]
Closing Bell 7/6/20: U.S. Stocks Grab the Baton From China
Investor sentiment has continued to improve following better than expected macro data from China last week. "We must remember too that USA and China relations are deteriorating noticeably". It indicates that the service industry in China is expanding. Last Friday, China's Caixin Services PMI rose to 58.4 in June (53.2 expected) from 55.0 in May. [Full Article...]
Employees Can Work From Home Forever — Twitter CEO
If employees do want to return to the office, they can do so when the time comes with some additional precautions. Jack Dorsey , Twitter CEO, send an email to all his employees on Tuesday addressing the matter. But if the employees choose to come back, the offices will be as welcoming as they were before. Jack Dorsey is also giving $1000 allowance to all of its employees to purchase any... [Full Article...]
European Union forecast: Denmark second best economy in Coronavirus Crisis
The EU executive said the 19 nation single currency area would contract by a record 8.7 percent this year before rising by 6.1 percent in 2021. 2021 forecast now at 6.1% from 6.5%. "This is why it is so important to reach a swift agreement on the recovery plan proposed by the commission - to inject both new confidence and new financing into our economies at this critical time". [Full Article...]