Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020, according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 5.0 percent. Department of Labor released the data which shows that another 1.4M Americans filed unemployment claims last week. It is an increase of 12,000 from the ...

The FINANCIAL -- The online retailing giant - Amazon opened its first-ever full-size, cashier-less grocery store. Just Walk Out Technology automatically detects when products are taken from or ...

United Airlines (UAL) today announced second quarter 2020 financial results, the most difficult financial quarter in its 94-year history, with a net loss of $1.6 billion, and an adjusted net loss¹ ...

Bank of America reported its second-quarter 2020 financial results today. "It is the most tumultuous period since the Great Depression for Bank of America", says its CEO Brian Moynihan. The fall in ...

The FINANCIAL -- “China’s pattern of misconduct is well known. For decades, they have ripped off the United States like no one has ever done before. Hundreds of billions of dollars a year were ...