The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
We have seen a grand disparity in between the wealthy and everyone else. This has gone to record levels and cannot be stopped. We know specifically that there’s no chance in a general recovery because they’ve already applied the maximum amount of stimulus. The only solution is to print. Print more and more. Print until it rains confetti. Enjoy the party while it lasts.
Shell third quarter 2020 update note | Shell Global
Shell third quarter 2020 update note | Shell Global
This is an update to the third quarter 2020 outlook provided in the second quarter results announcement on July 30, 2020. The impacts presented here may vary from the actual results and are subject to finalisation of the third quarter 2020 results.
Goldman Sachs to cut about 400 jobs – Bloomberg News | Reuters
https://www.reuters.com/article/goldman-sachs-layoffs/goldman-sachs-to-cut-about-400-jobs-bloomberg-news-idUSL4N2GR4HO
(9) Carl Quintanilla on Twitter:
“Layoff news, past 24 hours: * Disney: 28,000 jobs cuts * Shell: 9,000 * Dow: six percent of workforce * Marathon Petroleum: https://t.co/B6mgCoMu8b” / Twitter
Carl Quintanilla on Twitter: “Layoff news, past 24 hours:* Disney: 28,000 jobs cuts* Shell: 9,000 * Dow: six percent of workforce* Marathon Petroleum: https://t.co/B6mgCoMu8b / Twitter”
Layoff news, past 24 hours:* Disney: 28,000 jobs cuts* Shell: 9,000 * Dow: six percent of workforce* Marathon Petroleum: https://t.co/B6mgCoMu8b
New York Region Sees 40% Bankruptcy Surge, Braces for More
New York Region Sees 40% Bankruptcy Surge, Braces for More
The pandemic has battered New York City businesses, with almost 6,000 closures, a jump of about 40% in bankruptcy filings across the region and shuttered storefronts in the business districts of all five boroughs.
L.A. Top Shopping Streets Struggle Amid Pandemic: “We Have Vacancies Throughout Our City” | Hollywood Reporter
L.A. Top Shopping Streets Struggle Amid Pandemic: “We Have Vacancies Throughout Our City”
Hit by a sharp drop in tourism, Beverly Hills and West Hollywood fill with For Lease signs, even as brands like Chanel bet on a comeback.
Retail on pace for the most bankruptcies and store closures ever in one year, BDO says | Retail Dive
Retail on pace for the most bankruptcies and store closures ever in one year, BDO says
The pandemic has interfered with the usual business cycle and accelerated existing trends, according to the firm’s biannual bankruptcy report.
The covid-19 recession is the most unequal in modern U.S. history – The Hour
The covid-19 recession is the most unequal in modern U.S. history
The economic collapse sparked by the pandemic is triggering the most unequal recession in…
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Federal Government to Conclude Fiscal 2020 With Record Spending – Nextgov
Federal Government to Conclude Fiscal 2020 With Record Spending
Even without data from the month of September, the Treasury Department reports total federal spending exceeded $6 trillion for the first time.
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(9) CNBC on Twitter:
“”Not a single extra dollar should go to these companies. All this money should be focused on those people.” Chamath Palihapitiya says people out of work should be assisted through unemployment benefits and eviction protections. #deliveringalpha https://t.co/CSZkx3uhQc https://t.co/ManLHAZScj” / Twitter
CNBC on Twitter: “”Not a single extra dollar should go to these companies. All this money should be focused on those people.” Chamath Palihapitiya says people out of work should be assisted through unemployment benefits and eviction protections. #deliveringalpha https://t.co/CSZkx3uhQc pic.twitter.com/ManLHAZScj / Twitter”
“Not a single extra dollar should go to these companies. All this money should be focused on those people.” Chamath Palihapitiya says people out of work should be assisted through unemployment benefits and eviction protections. #deliveringalpha https://t.co/CSZkx3uhQc pic.twitter.com/ManLHAZScj
Chamath Palihapitiya rips airlines again and calls for more money to consumers and small businesses
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The economy is […] different than the stock market. The market has seen much interest. It’s rising thanks to tech stocks. We are watching as more money and debt are flowing into equities.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
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