Markets are trying to price in a ‘V’-shaped recovery for the economy, but that scenario is getting less likely.
Damage done to consumers and small business, as well as high debt loads, will act as headwinds.
Several major manufacturers are now developing electric vehicle offerings.
Worldwide electric car sales hit 1.98 million in 2018, according to the IEA, with global stock reaching 5.12 million.
The media hype and disinformation campaign regarding the spread of the COVID-19 novel coronavirus have created a Worldwide atmosphere of fear and uncertainty following the launching of a global public health emergency by the WHO on January 30th.
U.K. authorities have abandoned efforts to contain the spread of coronavirus and will focus on delaying the worst of the outbreak, as officials said as many as 10,000 Britons may be infected.
At a time when everyone needs better information, from disease modelers and governments to people quarantined or just social distancing, we lack reliable evidence on how many people have been infected with SARS-CoV-2 or who continue to become infected. Better information is needed to guide decisions and actions of monumental significance and to monitor their impact.
The 10-year Treasury yield broke below 1% for the first time ever in the wake of an emergency rate cut by the Federal Reserve to combat the economic effects of the spreading coronavirus.
Lululemon announced Thursday that it will be paying all of its workers through June 1, whether or not its stores reopen before then amid the coronavirus pandemic.
“From a balance sheet perspective, we are in very good standing,” CEO Calvin McDonald says.
Bitcoin Soars 50% So Far in 2020: Will the Momentum Continue? Back in early 2019,…
An employee at Tesla’s sprawling battery plant outside of Reno, Nevada, has tested positive for COVID-19 according to internal communications obtained by CNBC.
Tesla announced on March 26 that it plans to reduce the number of workers at the Gigafactory by around 75%.
On March 27, Dorsey responded to the tweet of a Cash App user suggesting that the payments application could be used to distribute the United States’ forthcoming $2 trillion stimulus package.
