A record number of Americans are seeing their hours cut or losing their jobs due to the initial economic repercussions of the coronavirus pandemic. How will millions of newly jobless families keep putting food on…
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© Reuters. By Barani Krishnan Investing.com – Oil posted a fifth straight week of losses amid fear of more demand destruction as U.S. cities and businesses braced for a greater shutdown after America eclipsed China…
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These past few weeks have shown the brittleness of Australia’s online systems. It’s not surprising the federal government’s traditionally slow-moving IT systems are buckling under the pressure. On Sunday, the federal government announced it would…
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My brother Khary is a 40-year old former mechanic who has earned his living as an Uber driver in New York City for the past four years. He’s one of the millions of full-time American…
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© Reuters. By Peter Nurse Investing.com – Oil markets traded lower Friday, as market participants continue to fret about the powerful combination of deepening demand destruction and massive oversupply. AT 9:45 AM ET (1345 GMT),…
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New Zealand and much of the world is now under an unprecedented lockdown. Public health experts say this is the best way to suppress the spread of the virus. But how long will such a…
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The United States Federal Reserve has committed to do everything it can to save the financial system and the American economy from collapse. Most recently, it began an unprecedented effort to ensure banks, companies and…
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© Reuters. TOKYO (Reuters) – Oil prices rose on Friday after world leaders promised a massive injection of funds to limit the economic fallout from the coronavirus pandemic, despite fears the outbreak will destroy demand…
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Exponential growth is a hard thing for the human mind to grasp. In nature, it seldom comes at us with the rapidity with which the COVID-19 pandemic is unfolding. This leads people and governments to…
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Rapid acceleration of coronavirus-related infections and fatalities in countries like Italy, Spain and the United States has led to widespread bans on communal activities, global restrictions on travel and an increasing reliance on virtual interactions.…
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