Thursday, September 23, 2021

Cyber Monday Breaks Records

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As one of the most important days for shoppers and companies alike, Cyber Monday has generated millions annually in recent years. Some of the best sales are released, and consumers often jump on the purchase.

Dimon calls for Stimulus Package as Cases Rise

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As Congress has been deadlocked over a stimulus package, they have attracted many critics. One of them, JPMorgan Chase CEO Jamie Dimon, had some less than flattering words to describe them.

Pharmaceutical and Biotechnology Stocks Increase After Vaccine Announcements

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The stocks of several pharmaceutical and biotechnology companies rose after they announced the successes of their COVID-19 vaccine trials. And some have already submitted them for emergency approval from the FDA. These vaccines have been considered to be at least 90% effective. The stocks and investors of these companies will have obviously benefited financially as a result of these announcements.

Pelotons Rise in Sales as Lockdown is Reinstated

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After months of lockdown due to the COVID-19 pandemic, people have been looking for new ways to exercise without going to gyms. Many turned to Pelotons, or exercise bikes where an instructor can teach an online exercise class to any who would like to join.

Airlines Cut Jobs as Second Wave Progresses

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Source: AP Photo/Ted S. Warren By Seth Gellman As the second wave of Coronavirus continues across the world, Cathay Pacific and Boeing have announced thousands of...

Online Sales Expected to Surge this Holiday Season

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Source: Thorston Wagner/Bloomberg/Getty Images By Seth Gellman Throughout the pandemic, many have turned to online shopping in order to buy goods that they didn’t feel comfortable...

Potential Impact of Not Having A Second Stimulus Package

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By Michael Ge Source: Angela Lang/Cnet Congress and the President have been at odds with each other over the passage of a second stimulus package.  Talks...

Blue Origin Launches Tourism Spaceship

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By Seth Gellman Source: Blue Origin, NYT Blue Origin, a rocket venture owned by Jeff Bezos, launched its space tourism rocket to the edge of Earth’s...

US Economic Recovery

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By Grace Hwang Source: TheStreet Due to the coronavirus, the US entered a steep economic recession in February. But now that some businesses have reopened, it...

Impact of New Climate Report on the US Economy

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There have been worries about the US economy and how it will be impacted for decades. Speculation has run wild as the world tries to combat climate change. The future is looking increasingly uncertain for the largest economy in the world if climate change isn’t combatted swiftly, but seldom has it been put into words of the disaster that will come if climate change isn’t stopped.

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