The drugmaker Gilead slipped 9% at intraday lows after a mistakenly posted report on its in-development coronavirus treatment revealed the drugg didn't help afflicted patients.US closed mixed on Thursday as markets mulled the latest economic data detailing the coronavirus pandemic's economic fallout.. It marked a decrease from previous weeks but brought the metric's five-week total to more than 26 million.
"This is another terrible week for layoffs." James McCann, senior global economist at Aberdeen Standard Investments said. "The scale of joblessness in the US is clearly larger than other economies."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
So a report from the WHO, that covered up for China and has an axe to grind with America for being defunded. Based on a study done in China, who released this virus and lied about it killing thousands of Americans . That is what disrupts a market rally? REALLY . Unbelievable.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2nd coronavirus wave could US harder than current outbreak: CDC director - Business InsiderCDC Director Robert Redfield said a second wave of COVID-19 coinciding with the regular flu season could be disastrous for hospitals. Should of would of could of, everyone wear a mask and wash your hands. No large gatherings over 50 and we are good to go! El director de Centros para el Control y Prevención de Enfermedades CDC (por su siglas en inglés) dice que una segunda ola de coronavirus en el invierno podría golpear a los EE.UU. más fuerte que el brote actual. by: It will also not be taken seriously. Lot of people will die.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Several major US banks are being sued for unfair PPP lending practices - Business InsiderJPMorgan Chase, Wells Fargo, Bank of America and US Bank are being sued for unfair practices in their processing of Paycheck Protection Program loans. Hate to break it to you but this is all banks regardless of size Government should have done a better job on incentivizing banks on processing smaller payroll loans than larger. They did try with a tiered commission but it wasn’t effective enough. As a reminder, people should never want big government cause they rarely get things done right Unethical
Source: BusinessInsider - 🏆 729. / 51 Read more »
Reopening economy too soon could send US debt skyrocketing - Business InsiderA new analysis shows what states are risking by reopening too early: A longer pandemic that could kill more Americans and send the national debt skyrocketing both he and gates both have patents on parts on the coronavirus “If we nominate Trump, we will get destroyed.......and we will deserve it.” LG (he meant the GOP but Trump is ambitious so why not the whole country?)
Source: BusinessInsider - 🏆 729. / 51 Read more »
People posting oil memes after US price drops below $0 for first time - Business InsiderAs oil prices plummeted as a result of the coronavirus pandemic, people made memes on Twitter about becoming oil barons for mere pennies. BrianRivera45
Source: BusinessInsider - 🏆 729. / 51 Read more »
US weekly jobless claims preview: another week of millions unemployed - Business InsiderThere is 'probably no single metric you can look at' to better get a broad sense of how the economy is doing than unemployment, said Jason Thomas. Finally, this is real, i never believed until i made my withdrawal, i was so scared to invest but it real...all thanks to Matthew61158286
Source: BusinessInsider - 🏆 729. / 51 Read more »
Spotify took first place in brand intimacy among US consumers - Business InsiderSpotify's personalization and social features fueled it to the No.1 spot on brand intimacy –– and that high user trust could attract ad dollars.
Source: BusinessInsider - 🏆 729. / 51 Read more »