Global Stories

Last week, stocks closed sharply lower, as the weight of the ever-increasing coronavirus cases in half of the United States became too much for the optimistic investors to overlook. Florida and Texas— which had an early lockdown— are now the epicenters of America’s outbreak. Both states took additional measures to …

As the market closed last Friday (June 19, 2020), the S&P 500 was going up to 41% from the March 23 lows. According to FactSet, the rally in stock process combined with the reduction in earnings forecasts have pushed the S&P’s forward 12 months P/E ratio to 21.9. The widely …

After June 16’s rally on the better-than-expected figures of retail sales as well as the encouraging study of a certain drug to treat COVID-19 patients, the S&P 500 has rallied 40 percent from its closing low and has dropped just 8 percent from the February peak. Obviously, disasters are not …

The global US dollar crisis, a hallmark of the early events of the coronavirus pandemic, seems to have passed, with the latest milestone of a remarkable turnaround in financial situations engineered by the Fed Reserve and other major central banks. Fed data last week showed that its peer banks from …

Ukraine’s Ministry of Energy is currently dealing with a surplus in energy produced by nuclear power plants of the nation as a result of the lockdown in the country. With that in mind, they believed that utilizing nuclear power plants for mining cryptocurrency can be one of the best ways …

Good news, an antibody test for coronavirus or COVID-19 has been developed by UK scientists. According to the scientists, with this test, results will be released with an accuracy of 99.8 percentage. Edinburgh researchers at blood-screening company Quotients have created a kit to find out if persons are invulnerable to …

One of the heaviest words that you may possibly hear in your life is HYPERINFLATION. This word refers to a very simple breath that bears with an overwhelming amount of historical and trauma and significance. The fall of the first-ever American currency distributed by the Continental Congress as well the …

Companies, more specifically, the largest ones are becoming bigger and bigger. But startups are disappearing, brick-and-mortar shops are having a hard time financing only to make it to the following month, whereas the mid-size players are running in fumes. All of these add up to the sobering challenges for the …

Discovering Ethereum: What It Can Do For Your Business? Founded by Vitalik Buterin, Ethereum is the second-largest cryptocurrency technology in the world. Although relatively new, having emerged in the year 2015, Ethereum is the primary competitor of bitcoin and has a significant amount of crowdfunded money. Ethereum Offers More Than …

As the Covid-19 pandemic rages across the globe, IBM helps fight the battle of shortages in the medical supply chain by bringing in new technology solutions called the IMB Rapid Supplier Connect. This tech is a blockchain-based network that is designed to help the government and healthcare organizations to identify …