US flag

US Economic Policy Uncertainty Index Rockets by 633%

Justinas Baltrusaitis

The United States daily Economic Policy Uncertainty index has dramatically skyrocketed in 2020. Data gathered by Learnbonds indicates that between December 2007 to April 2020 this year, the index had grown by a staggering 633%. From the data, between 2016 and 2020, the US Economic Policy Uncertainty Index was fluctuating around 100 points. However, by…

US earnings season: Investors braced for brutal sessions with trading at some S&P 500 firms down by more than 50%

Roger Baird

The S&P 500 closed 1 per cent down on Monday as investors prepare for the most brutal earnings season in recent memory as firms report trading in a period hamstrung by the coronavirus. US top stocks slipped 28.19 points in trading to 2,761.63, as the biggest companies in the country prepare to post first-quarter figures…

US-Listed Chinese Companies Suffer on News of Luckin Coffee Fraud

Galina Mikova

The disclosure of the fraud by Luckin Coffee has had an adverse effect on the majority of Chinese companies listed on United States exchanges, Financial Times reported on Sunday. “It makes you question the whole system, honestly,” the Citron Research founder Andrew Left told the FT. “It just shows you the lack of controls; you obviously…

Starbucks says second-quarter earnings will plunge by almost half, investors swoop on stock

Alejandro Arrieche

Starbucks expects its second-quarter earnings to fall by almost half and scrapped its full-year forecast due to the coronavirus – but investors bought what they saw as a cheap stock. The world’s largest coffee chain forecast its profits in the second three months of its year would tumble by 47%, anticipating earnings per share of…

The Best Torrent Sites for 2021

Pavel Pudakov

Torrentz was at one point deemed the biggest torrent meta-search engine. It was used by many people from around the world to discover torrents they could use to download videos and other content. Sadly, the domain for Torrentz was shut down in 2016 due to legal disputes. However, Torrentz2.eu, a stand-in for the original Torrentz…

Planet Earth with a madical face mask amid coronavirus.

10 Tech Companies Donates Over $1.4bn to Fight Coronavirus

Justinas Baltrusaitis

Ten leading tech companies have pledged to donate a significant amount of funds to help contain the novel Coronavirus. Data gathered by Learnbonds.com indicates that the companies have offered at least $1.4 billion towards mitigating the virus. Top on the list is California based Google (NASDAQ: GOOGL) that has donated about $800 million that will…

Chinese savings after the coronavirus outbreak-LearnBonds.com

Almost 75% of Chinese Plan to Increase Savings After the Coronavirus Outbreak

Jastra Ilic

Coronavirus pandemic has disrupted the lives of billions of people around the world, shaking the global economy and job security. The virus outbreak already severely damaged many industries, leaving millions of people without jobs. Although there will be sectors and companies that may benefit from this crisis, the severe changes already seem set to leave…

medical equipment

Babcock and Apple manufacture ventilators and masks to battle coronavirus

Alejandro Arrieche

The UK-based engineering firm and the developer of the iPhone have joined the group of non-medical companies who are refocusing their manufacturing bases to provide much-needed medical equipment to health care workers and patients to combat coronavirus pandemic. Babcock, a large European defense contractor, said earlier today that it was joining forces with a major…

Ford first-quarter sales tank on worsening crisis, stock down by almost half this year

Galina Mikova

The worsening economic crisis has taken its toll on America’s number two automaker Ford Motor Co, as it posted a 12.5% fall in US auto sales for the first quarter of the year. The carmaker’s stock slipped just under 1% to close at $4.36 on Thursday. Year-to-date, Ford’s stock is down 47%, and that’s just…