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Tuesday, April 20, 2021
Yahoo Finance's Alexis Christoforous spoke with Shark Tank's Kevin O'Leary about the dangers of overstimulating the economy plus he weighs in on shorting the market, retail trading and Robinhood.
On Saturday, Warren Buffett, reported a massive loss of $50 billion, in his company Berkshire Hathaway, as the pandemic continues to wreak havoc in the common stock investments.  Berkshire suffered a $54.52 billion loss from investments, primarily common stocks in the first quarter. The loss was $30,653 per Class A...
While not giving out $1200 stimulus checks the lawmakers announced a bill that will provide $300 in weekly extra federal unemployment benefits. Joe Biden will have to deal with the direct payments when he takes over in the new year. The aid package of $908 billion releasing on Monday is...
$242 billion has already been dispatched and has hit banks. This was revealed by the IRS and the Treasury Department. Here is a look at the initial batch that received it. Check if you are among those who have already received their third stimulus check? You will also get...
You can expect your stimulus check in your mailbox if you have not already received the amount in your bank account. But you need to also know the way you can identify and trace it. If in doing so you realize that it is not on its way, you...
Around 1 million to 4 million people may have petitioned for joblessness benefits a week ago, the biggest number ever in such a brief timeframe. The filings figure, which will be discharged Thursday before U.S. markets open, will be the main sign of how hard the work power is being...
We are on the home run of the Covid-19 payments and the third stimulus check should be on its way soon. The payment is part of the nearly 2 Trillion relief package approved on Saturday after some changes in the Senate It is expected to be signed immediately after...
What is Bitcoin ? To put it simply, Bitcoin is nothing by cryptocurrency- electronic money. This form of cryptocurrency is completely decentralized and can be transferred from one user to the other using bitcoin blockchain which is peer-to-peer. In fact, bitcoin is completely independent of banks and doesn't need...
Biden’s $1.9 trillion covid relief package is facing the final hurdle. Senators have been putting in overtime to get the bill ready for the vote. The Democrats are looking to pass the bill without a single nod of assent from the Republicans. The bill would be a massive gamble,...
Pete Buttigieg, the secretary of the department of transportation gave a statement with regard to the economic plan of the country that is formulated by President Joe Biden. It was stated that the plan does not talk about the mileage tax or gas tax anywhere. Earlier, a date was...
Mike Mayo, Wells Fargo Senior Analyst joins the Yahoo Finance's Aikiko Fujita and Zack Guzman to discuss what to expect from big banks during earnings season.
Jeff Bezos, the CEO of Amazon, has actually recommended that tests are performed around the world to fight the spread of the infection. Bezos made sure that Amazon has actually been taking actions to care for the security of its employees. Face masks and temperature level check center...
The economy of the US added very few workers in the past six months till November. The resurgence of the raging number of coronavirus cases has further hindered the growth of the labor market along with the lack of additional relief aid from the government. All these factors and more...
In his last weeks, President Trump is urging Congress to include another set of stimulus checks to Americans inside the next COVID-19 relief package. Trump mentioned to Brian Kilmeade, Fox News, that he wants more stimulus checks containing more money to get approved. Trump stated in the Sunday morning...
Fed chairman Jerome Powell says the Fed will provide support to the economy as long as it takes. He also said the 'worst was avoided by swift, vigorous action' but that recovery is far from complete. Steve Liesman joins 'Closing Bell' to discuss. The U.S. economy is “much improved,” Federal...
The COVID-19 relief bill awaiting President Biden’s signature is aimed at defeating the raging pandemic and jump-starting the American economy. A slew of measures has been put forth over and above the stimulus check. The legislation will send much more than the $1,400 stimulus checks to most American households....
The coronavirus has not been easy on the nation’s economy. The US economy saw its biggest plunge in the second quarter of 2020. Even though the estimated plummet showed even more fall, the GDP figures for the second quarter still remain devastating. The Commerce Department’s first readings were released on...
Another round of impetus stimulus checks that were a part of the coronavirus incentive program passed by Congress is at risk if PresidentTrump doesn't approve the bill. The deal made for $600 stimulus checks but Trump said that he would like to raise it to $2,000 for each. Republicans,...
Yahoo Finance’s Akiko Fujita and Zack Guzman spoke with Ryan Payne, President Payne Capital Management about the tech sell-off, what stocks to look at as the economy begins to reopen, and the outlook for the market.
Yahoo Finance's Zack Guzman and Aikiko Fujita spoke with Timothy Chubb, Girard CIO about the latest economic data, the outlook for the markets, and the economy.