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Oil Bulls Keep Piling Into Beaten-Down ETFs on Hopes for Rebound By Bloomberg

Oil Bulls Keep Piling Into Beaten-Down ETFs on Hopes for Rebound By Bloomberg

© Reuters. Oil Bulls Keep Piling Into Beaten-Down ETFs on Hopes for Rebound (Bloomberg) — Investors betting on a rebound in oil keep piling into exchange-traded funds only to get burned as efforts to stabilize…

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Coronavirus lockdowns are pushing mass transit systems to the brink – and low-income riders will pay the price

Coronavirus lockdowns are pushing mass transit systems to the brink – and low-income riders will pay the price

CC BY-ND Low-income Americans have borne the brunt of the coronavirus pandemic. They may also get left behind in the recovery. Steep declines in ridership during the crisis have pushed public transit systems across the…

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Three key drivers of good messaging in a time of crisis: expertise, empathy and timing

Three key drivers of good messaging in a time of crisis: expertise, empathy and timing

Not since World War II have people across the globe been so united in fear as now, when the COVID-19 pandemic dominates headlines and daily realities. People are fearful of catching the virus and anxious…

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Oil rises on bargain-hunting, hopes for stockpile purchases By Reuters

Oil rises on bargain-hunting, hopes for stockpile purchases By Reuters

© Reuters. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County By Yuka Obayashi TOKYO (Reuters) – Oil prices rose on Wednesday as investors looked…

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Income inequality is getting worse in US urban areas

Income inequality is getting worse in US urban areas

Income inequality has increased dramatically in the United States over recent decades, surpassing its previous peak in the 1920s. In 2016, the average income among the bottom 24.9 million households was US$21,000. Meanwhile, the top…

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Exclusive: Saudi Aramco in talks with banks to borrow about $10 billion

Exclusive: Saudi Aramco in talks with banks to borrow about $10 billion

2/2 © Reuters. FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Abqaiq 2/2 By Yousef Saba, Clara Denina and Davide Barbuscia DUBAI/LONDON (Reuters) – Saudi Aramco , the world’s largest oil…

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5 ways to understand coronavirus graphs

5 ways to understand coronavirus graphs

Wrapping your head around the scale of a global pandemic is not easy, and the volume of stats and data can be bewildering. What, for instance, are we to make of the fact Australia recorded…

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the economic recovery won’t only be U-shaped – it’ll look like a wheelbarrow

the economic recovery won’t only be U-shaped – it’ll look like a wheelbarrow

The economic effects of the coronavirus crisis will be severe but short-lived, according to much of the recent commentary. The cautious revival in stock markets points in the same direction, while recent polling suggests that…

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Gold’s Powerful Rally Has Bulls Setting Their Sights on $1,800 By Bloomberg

Gold’s Powerful Rally Has Bulls Setting Their Sights on $1,800 By Bloomberg

© Bloomberg. An employee holds a gold bar weighing 12.5 kilograms in the precious metals vault at Pro Aurum KG in Munich, Germany, on Wednesday, July 10, 2019. Gold rose for a third day after…

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Why is it so hard to stop COVID-19 misinformation spreading on social media?

Why is it so hard to stop COVID-19 misinformation spreading on social media?

Even before the coronavirus arrived to turn life upside down and trigger a global infodemic, social media platforms were under growing pressure to curb the spread of misinformation. Last year, Facebook cofounder and chief executive…

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