Economy 1927 May12:0014:0016:0018:0020:00
Biotech Stocks Have Been on Fire, But Timing Is Everything

27 May 19:08 3 articles

Biotech Stocks Have Been on Fire, But Timing Is Everything

Consensus is that the experts will find a vaccine to Covid-19 soon, so the biotech stocks have rallied hard. Buying them now carries risk.

27 May 19:08 InvestorPlace 24614509458666124.html
Taking care of your retirement savings so that these savings make the degree of difference

Around 100 years ago, the average life expectancy was approximately 50 years. Nowadays, an ever-greater number of people are reaching their 100th birthday. Thanks to advances in healthcare technology over the past century, the world’s population has experienced a marked increase in longevity and, while it is rather unnerving to think of one’s own mortality, most of us underestimate the investment horizon that needs to be planned for in retirement.

27 May 19:36 Daily Maverick 2373996788703366290.html
Why Patience Is Key When It Comes to DraftKings Stock

The sports betting market offers a huge growth runway and DraftKings stock is a play on it, but the share price has gotten too high.

27 May 19:42 InvestorPlace 24614510236895094.html
Winter of discontent looms for mining sector

27 May 19:02 3 articles

Bringing the focus back to the informal sector

It could be the harbinger of economic revival in post-COVID India

27 May 19:02 The Indian Express 2885715105403740471.html
Trump’s Economic Advisers Are Wrong

Forget a V-shaped recovery, or even a U.

27 May 19:20 NY Times 1961078289921581625.html
Winter of discontent looms for mining sector

As the mining sector gears up to resume full production from June, the Minerals Council South Africa sees a 6%-10% contraction in overall mining production for 2020 because of the Covid-19 impact. It is also satisfied that its screening and testing measures are working. Unions would beg to differ.

27 May 19:52 Daily Maverick 2373996787571776078.html
CMHC sees declines in home prices, sales, starts that will linger to end of 2022

27 May 19:12 2 articles

CMHC sees declines in home prices, sales, starts that will linger to end of 2022

Canada's housing sector will see a retreat in prices, sales and building in the months ahead and likely won't see a return to pre-pandemic levels until at least the end of 2022, said Canada Mortgage and Housing Corp. in an outlook released Wednesday.

27 May 19:12 CP24 1887544294507441174.html
Marathon Oil Stock Still Deserves Your Attention Despite Analyst Concerns

A couple of high-profile financial firms are firmly bearish on Marathon Oil, but there are two sides to the story for MRO stock.

27 May 19:57 InvestorPlace 24614510670167585.html
Tractor Supply News: Why TSCO Stock Is Surging 8% Today

27 May 19:02 2 articles

Tractor Supply News: Why TSCO Stock Is Surging 8% Today

Tractor Supply (TSCO) is in the news Wednesday after revealing an incredibly strong outlook for the second quarter of 2020.

27 May 19:02 InvestorPlace 24614509955458748.html
Ralph Lauren Earnings: RL Stock Ticks Lower On Q4 Misses

Ralph Lauren earnings on Wednesday have RL stock slightly lower after the company missed both EPS and revenue estimates from Wall Street.

27 May 19:36 InvestorPlace 24614509743060065.html
The demise of oil may have been greatly exaggerated

27 May 19:15 1 article

The demise of oil may have been greatly exaggerated

The pandemic sent shockwaves through the oil industry but there are reasons to believe the worst has passed.

27 May 19:15 Brisbane Times 2314609339937379090.html
Netflix Stock Is a Win No Matter Where the Pandemic Goes

27 May 19:28 1 article

Netflix Stock Is a Win No Matter Where the Pandemic Goes

NFLX stock is more than just a pandemic play. The firm will likely continue to perform in the quarters ahead despite the economic downturn.

27 May 19:28 InvestorPlace 24614511171410388.html
Fixed Deposits: State Bank of India (SBI) cuts FD interest rate by 0.4% across all tenure – Check new rates

27 May 19:05 1 article

Fixed Deposits: State Bank of India (SBI) cuts FD interest rate by 0.4% across all tenure – Check new rates

SBI Latest FD Rates: The new rates of interest will apply to fresh deposits and renewals of maturing deposits.

27 May 19:05 The Financial Express 1288289581459810089.html
Floor price issue may not figure on Trai’s radar for at least 2 months amid COVID-19 crisis: Source

27 May 19:49 1 article

Floor price issue may not figure on Trai’s radar for at least 2 months amid COVID-19 crisis: Source

This is not an "opportune moment" to address the issue, and in any case, telecom operators are free to take decisions on tariff matters, the senior Trai official said.

27 May 19:49 The Financial Express 1288289580379096890.html
Why NIO Stock Is Rising Today

27 May 19:34 1 article

Why NIO Stock Is Rising Today

An analyst upgrade ahead of earnings is giving shares a boost.

27 May 19:34 The Motley Fool 2231313658549831853.html
Thanks to Covid, India shows highest surge in preference for e-commerce among these top nations

27 May 19:45 1 article

Thanks to Covid, India shows highest surge in preference for e-commerce among these top nations

The hygiene and risk factors have contributed to the increased adoption of e-commerce channel among customers who have either been inactive in digital buying or preferred traditional channel for touch-and-feel factor before making purchases.

27 May 19:45 The Financial Express 1288289581528201808.html
New Jersey Bill On Table To Boost Solar In Equitable Way

27 May 19:00 1 article

New Jersey Bill On Table To Boost Solar In Equitable Way

New Jersey State Senator Troy Singleton recently introduced the NJ Clean Energy Equity Act, S. 2484, to help low-income New Jersey families benefit from solar, storage and energy efficiency. Senator Singleton explains the necessary and positive step: “All New Jerseyans — regardless of their zip code or socio-economic status — must have access to the many

27 May 19:00 CleanTechnica 1065744424382179078.html
Is India's richest man Mukesh Ambani betting on US-China tech war?

27 May 19:35 1 article

Is India's richest man Mukesh Ambani betting on US-China tech war?

US-traded Chinese technology firms such as JD.com and NetEase are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate

27 May 19:35 Business-Standard 1502508925616984586.html
General Electric News: GE Stock Lights Up 8% on Light Bulb Business Sale

27 May 19:50 1 article

General Electric News: GE Stock Lights Up 8% on Light Bulb Business Sale

General Electric (GE) news for Wednesday concerning the sale of the company's lighting business has GE stock taking off.

27 May 19:50 InvestorPlace 24614509692782925.html
Economy contracted by 1.7 per cent in March quarter - PIOJ

27 May 19:48 1 article

Economy contracted by 1.7 per cent in March quarter - PIOJ

Jamaica’s real Gross Domestic Product (GDP) contracted by an estimated 1.7 per cent during January to March 2020, ending 20 consecutive quarters of no economic contraction. Director General of the Planning Institute of Jamaica (PIOJ) Dr Wayne...

27 May 19:48 The Gleaner 1215260530149044821.html
Reserve Bank paints sobering picture of SA financial (in)stability

27 May 19:51 1 article

Reserve Bank paints sobering picture of SA financial (in)stability

The South African Reserve Bank has just published its first Financial Stability Review for 2020. It makes for sober reading ahead of the expected end of prohibition.

27 May 19:51 Daily Maverick 2373996787396836849.html
Coronavirus lockdown has driven dairy consumption in homes up to 20%, says Amul MD

27 May 19:23 1 article

Coronavirus lockdown has driven dairy consumption in homes up to 20%, says Amul MD

However, categories such as ice-cream has seen a 80 per cent dip in sales. Amul is also sitting on huge inventory of milk powder, with HOREKA sales coming to a halt

27 May 19:23 Business Today 1145527432239661185.html
Merkel vows a ‘tough fight’ with Brussels over Lufthansa rescue

27 May 19:22 1 article

Merkel vows a ‘tough fight’ with Brussels over Lufthansa rescue

Merkel and Vestager brace for a fight over how far Berlin can go to save its flag carrier.

27 May 19:22 POLITICO 2584151346612800170.html
SGX plunges most in 17 years as MSCI inks agreement with Hong Kong

27 May 19:49 1 article

SGX plunges most in 17 years as MSCI inks agreement with Hong Kong

SGX's stock fell close to 12%, the most since 2003, amid concerns over revenue loss

27 May 19:49 Business-Standard 1502508926251020854.html
After Modi’s economic package, Nitin Gadkari asks states to chip in Rs 20 lakh cr more to fight coronavirus

27 May 19:03 1 article

After Modi’s economic package, Nitin Gadkari asks states to chip in Rs 20 lakh cr more to fight coronavirus

Nitin Gadkari today said that states must contribute Rs 20 lakh crore to fight against coronavirus-led disruptions.

27 May 19:03 The Financial Express 1288289579845485752.html