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Wednesday, July 15, 2020
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Economy

Find the latest economic news, current events and headlines about Economy, as well as blogs and video from The Union Journal

THE GREAT DEPRESSION — The U.S. economy is presently in the biggest hole since the Great Depression, with around 30 million Americans losing positions in only seven weeks and an unemployment rate prone to hit more than 20%. Most probably, it's going to require some investment to uncover. Many investigators and...
Investing your money can be a great way to earn returns and build up a fund for your retirement. In fact, many people invest to be able to retire early and feel financially independent, meaning they can quit their full-time job and concentrate on hobbies or their investments. Depending...
On Saturday, Warren Buffett, reported a massive loss of $50 billion, in his company Berkshire Hathaway, as the pandemic continues to wreak havoc in the common stock investments.  Berkshire suffered a $54.52 billion loss from investments, primarily common stocks in the first quarter. The loss was $30,653 per Class A...
Amazon has urged its warehouse workers to submit a formal request if they want to stay back home due to the Coronavirus scare. It has asked its workers to come to their shifts starting 1st May or apply for absent leave. The leave would be applicable for part-time as well as...
The $300 billion that was kept to help small businesses acquire some loans in the face of this global pandemic has already been used up, most banks record. The Paycheck Protection Program, which promised a whopping $349 billion was all but over by April 16, merely two weeks after...
The shares of Zoom increased considerably after Nasdaq included the video conference servicing company to its Nasdaq 100. It surged 3.9% towards a record high in years, as the global pandemic has led to its usage in business, educational, and the multimedia sector.  Zoom is said to replace Willis Towers...
Despite criticisms, state officials of Georgia have decided to reopen a couple of non-essential services like gyms, barbershops, tattoo parlors, and bowling alleys ignoring the spike in COVID-19 deaths. Interestingly, governor Brian Kemp was the last state official to declare stay-at-home orders on 3 April. However, he is the first...
A new owner and life for Indiana Beach! Indiana Park is a 94-year-old entertainment park in the view of Lake Shafer in Monticello. Now, it has been bought by the Indiana Beach Holdings, LLC, Gene Staples, as indicated by Monticello News & Review Facebook post. Staples bought the park before Apex...
Oil prices were plummeting down for a long time. However, the prices are slowly recovering. It has risen by 20 percent. It shows that the market is stabilizing after the oil prices went negative for the first time ever in history. West Texas Intermediate has opted for $13.78 per...
The coronavirus might seemingly be reaching its peak in the US. There have been many job losses that took place in the country. However, it does not seem like the job losses will stop all of a sudden. Economists believe that the Labor Department might report that there were...