The U.S. GDP grew at an annual rate of 6.4 percent in the first quarter of 2021, according to the advance estimate released by the U.S. Bureau of Economic Analysis (BEA) on Thursday. Fueled by several rounds of stimulus checks, personal consumption exp…
Amazon was the last of the big five U.S. tech companies to report its earnings for the first three months of 2021 on Thursday. And like the other four GAFAM companies before it, Amazon reported yet another blowout quarter, flying past analyst expectati…
Many developing nations in the East and Southeast Asia region have taken a major hit economically due to the coronavirus pandemic. According to the latest economic outlook by the Asian Development Bank, all countries are supposed to bounce back in 2021…
Wireless mapping company Opensignal released an analysis of real-world 5G measurements across all frequency bands in mid-April which highlights network speeds in major cities around the world. South Korea has the fastest 5G download speeds of any count…
The number of miles that Americans are covering in airplanes has risen sharply since 1960, according to the U.S. Department of Transportation. Bus travel has also picked up in recent years as more companies entered the U.S. market. Even though the tota…
This market is full of potholes! Drive defensively!
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
The sheer weight of this outlandish asymmetry of wealth and power is pulling the nation into disorder.
As Europe’s vaccine rollout is picking up pace, the European Commission is doubling down on its use of mRNA vaccines, with the Pfizer/BioNTech shot central to its inoculation efforts. According to a statement issued on Friday, the European Commission i…
Despite the Covid-19 pandemic causing the global auto industry to shrink 16 percent, electric vehicle sales actually posted strong growth during the crisis. A new report from the International Energy Agency (IEA) found that the number of electric cars,…