Tag: economy
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Mohamed El-Erian says bitcoin’s surge holds ‘important messages’ on the future of money and technology for policymakers in Europe and the US
Mohamed El-Erian Bitcoin’s surge shows that lawmakers should view its technology more seriously, Mohamed El-Erian wrote in an op-ed.Adoption by major players indicates the potential of a growing migration away from traditional money, he said.”Too many officials are inclined to look at the cryptocurrency in a rather narrow way. They shouldn’t.”Sign up here for our…
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Tesla P/E Ratio is 1305😱😱,Indian economy to grow at 10%❤️🔥 ,Market Crash,Amazon,Facebook,Paytm
Hello everyone welcome to the 129 Video of Business and Startup news. All important company news is already covered. Business News: Tesla P/E Ratio is currently 1305😱😱,Indian market to grow at 10 percent ❤️🔥,Market Crash,Amazon,Facebook,Paytm,Google,ICICI,respectively Watch the movie to know more.Let’s Make Your Business Digital With Lapaas.Share, Support, Subscribe!!! News Covered in This Video: 00:00…
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World’s Richest People Are Now $813 Billion Wealthier Despite the Pandemic
The huge boost to the fortunes of technology and health-care billionaires during the coronavirus pandemic may be the beginning of a more permanent trend. The Covid-19 shock could act as a catalyst to spur increased opportunities for those who offer digital or other tech solutions, while the wealth of those in older industries may in…
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Billionaire investor Leon Cooperman praised tech stocks, criticized Trump, and disclosed his first gold bet in a new interview. Here are the best 12 quotes.
Jeff Zelevansky/Reuters Leon Cooperman sounded the alarm on the ballooning national deficit and downplayed the medium-term prospects for US stocks in a RealVision interview released this week.The billionaire manager of Omega Advisors also commended”big tech” stocks, also called out Tesla CEO Elon Musk, criticized both Republicans and Democrats, also disclosed that he recently bought gold for…
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Wall St ends lower on fears of slowing economy
Wall Street’s major indexes fell sharply on Wednesday after data showing a cooling system of U.S. business activity along with the stalemate in Congress over more fiscal stimulus increased concerns about the economy while the coronavirus pandemic remains untouched. The Nasdaq and S&P 500 dropped more than 2 percent, and all 11 of the major…
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A Wall Street chief strategist explains how the shockingly quick onset of pandemic fear may have set up both the economy and stock market for a surprisingly strong 2021
Spencer Platt/Getty Images The sharp reaction to the coronavirus pandemic through widespread saving and economic policy could boost the US recovery in 2021, James Paulsen, chief investment strategist at The Leuthold Group, said in a Friday note.The government’s degree of policy support dwarfs that seen during recessions in the 1980s and 2008. Companies took similarly drastic…
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Global equities find some footing after another slide in US tech stocks, led by a record fall in Tesla
Traders work on the floor of the New York Stock Exchange shortly after the start of trading August 6, 2014. REUTERS/Lucas Jackson European and US equity futures rose on Wednesday as investors went bargain-hunting following a massive sell-off in Big Tech.Asian indices declined after the previous day’s total wash-out saw tech favorites such as Apple,…
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Senate Minority Leader Chuck Schumer tears into ‘completely inadequate’ GOP stimulus proposal
Samuel Corum/Getty Images Democrats have to combine against Senate Republicans’ new, slimmed-down proposal for fresh stimulus, Senate Minority Leader Chuck Schumer said in a Thursday letter to his caucus. The GOP is floating a bill expected to cost $500 billion for replenishing select relief programs. The proposal”seems to be totally insufficient and, by every measure,…
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Cheap gas and weaker US rules for fuel economy aren’t going to help Tesla sell more electric cars (TSLA)
Hollis Johnson/Business Insider Tesla have to face a world where gas prices are falling amid the COVID-19 pandemic along with the US government just weakened fuel-economy criteria that was demonstrated under the Obama administration. The company could manage one of those improvements, but needing two happen at the same time may be hard. Luckily, the…