Forex14 hours ago (Apr 21, 2020 03:36PM ET) (C) Bloomberg. A pedestrian wearing a protective mask and gloves passes in front of closed kiosks on Santiago Arguello street in Tijuana, Mexico, on March 23. Photographer: Alejandro Cegarra/Bloomberg (Bloomberg) — Mexico’s central bank delivered a second emergency interest rate cut amid […]
Coronavirus-related job losses hit U.S. black, Hispanic families hardest, studies find
Economic Indicators1 hour ago (Apr 21, 2020 03:30PM ET) (C) Reuters. FILE PHOTO: People wait in line for donated food distribution at the Queensbridge houses, a NYCHA public housing complex, during the outbreak of the coronavirus disease (COVID-19) in Queens, New York By Jonnelle Marte (Reuters) – Black and Hispanic […]
Mexico inflation in first half of April seen falling to lowest since 2015: Reuters poll
Economic Indicators2 hours ago (Apr 21, 2020 02:25PM ET) (C) Reuters. Man counts money to pay meat products at Granada market in Mexico City MEXICO CITY (Reuters) – Mexican annual inflation likely eased in the first half of April to its lowest in more than four years, a Reuters poll […]
U.S. home sales tumble as coronavirus keeps buyers indoors
(C) Reuters. Real estate signs advertise new homes for sale in multiple new developments in York County, South Carolina By Lucia Mutikani WASHINGTON (Reuters) – U.S. home sales dropped by the most in nearly 4-1/2 years in March as extraordinary measures to control the spread of the novel coronavirus brought […]
Spain’s service sector created net jobs in mid-April after March layoffs
Economic Indicators5 hours ago (Apr 21, 2020 10:50AM ET) MADRID (Reuters) – Spanish labour minister Yolanda Diaz said on Tuesday the country’s services sector started creating net jobs last week, marking a slight improvement after companies massively laid off workers in March, but overall unemployment still rose in April. “Since […]
One Woman’s Instagram-Fueled Ascent to ‘Boss Lady Status’
By age 7, Dupart was already cutting and styling the hair on her dolls. By 12, she was braiding her friends’ hair after school. Dupart’s parents initially discouraged this (they had high hopes she would become a lawyer or another professional), but when she got pregnant at 15, they let […]
Gold Trend Reversal Towards Its All-Time High More And More Likely
Since my last analysis, spot gold and GLD indeed sold off down to US$1,450 and US$136.12. However, thanks to worldwide “whatever it takes” measurements by central bankers and governments spot gold prices quickly came back roaring up to US$1,747 just last week. Even though this unprecedented money expansion will spark […]
MIT Cuts Ties With a Chinese AI Firm Amid Human Rights Concerns
MIT has terminated a research collaboration with iFlytek, a Chinese artificial intelligence company accused of supplying technology for surveilling Muslims in the northwestern province of Xinjiang. The university canceled the relationship in February after reviewing an upcoming project under tightened guidelines governing funding from companies in China, Russia, and Saudi […]
New Covid-19 Antibody Study Results Are In. Are They Right?
All of that might be moot if the testing devices used in both surveys turn out to be flawed. The results come amid widespread concerns about the accuracy of blood antibody tests–especially the rapid lateral flow tests like the ones used in this study. The Stanford preprint referred to a […]
How Is the Coronavirus Pandemic Affecting Climate Change?
It is an invisible, deadly menace. It’s causing almost unfathomable economic destruction. We knew it was coming, but were caught woefully unprepared. It tricked nations into blaming one another–the US being the primary antagonist–instead of working together to stop it. It is the novel coronavirus SARS-CoV-2, and it is climate […]