Many Americans had barely been making ends meet before the coronavirus tipped the U.S. into a deep recession. Now, millions are falling into poverty.
Warren Buffett’s Berkshire Hathaway bought back a record $9 billion in stock in the third quarter
Berkshire Hathaway said on Saturday it ramped up its stock repurchasing program during the third quarter to record levels.
Sterling (GBP) Weekly Outlook – Brexit Deadline Nears as UK PM Johnson Comes Under the Spotlight
The UK Prime Minister Boris Johnson has had an uncomfortable week and next week is likely to continue in the same vein as Brexit and Covid-19 worries continue.
Japanese Yen May Rise on Covid-19 Lockdowns, Trump Legal Challenges
The haven-associated Japanese Yen may move higher on the back of tightening Covid-19 restrictions and President Trump’s legal challenges in several battleground states.
US election – AP declares Biden the winner
AP have called the win for Biden:
Joining in on pronouncing the inevitable, NBC and CNN have also both projected Biden has won the US presidency. Edison Research also.
Joining in on pronouncing the inevitable, NBC and CNN have also both projected Biden has won the US presidency. Edison Research also.
China weekend data, exports jumped 11.4% in October & imports +4.7% (USD terms, y/y)
Data was released over the weekend for China trade balance’s last month
A surplus of 401.75bn yuan
Exports +7.6% y/y vs.
Imports +0.9% y/y
USD terms
China trade balance: 58.44bn vs.
A surplus of 401.75bn yuan
Exports +7.6% y/y vs.
Imports +0.9% y/y
USD terms
China trade balance: 58.44bn vs.
US Election Update: Biden widens lead (except in Arizona but still ahead)
Biden holds lead in key four states.
Former VP Biden continues to hold the lead in the 4 key states. The leads widened in Pennsylvania, Georgia, and Nevada. The lead for Biden narrowed in Arizona, but he still maintains a lead of close to 30,000 in that state.
Former VP Biden continues to hold the lead in the 4 key states. The leads widened in Pennsylvania, Georgia, and Nevada. The lead for Biden narrowed in Arizona, but he still maintains a lead of close to 30,000 in that state.
Von der Leyen: Significant differences on trade deal remain
No breakthrough in talks
There was a brief pop in sterling on Friday on news that Boris Johnson and EU president Ursula von der Leyen would speak in a phone call today. The hope was for a breakthrough but it hasn’t come.
There was a brief pop in sterling on Friday on news that Boris Johnson and EU president Ursula von der Leyen would speak in a phone call today. The hope was for a breakthrough but it hasn’t come.
New coronavirus breakout at the White House as Meadows and 6 others infected
White House chief of staff Mark Meadows has the virus
White House chief of staff Mark Meadows was diagnosed with covid-19 on Wednesday, just hours after he attended Trump’s declaration of victory party without a mask.
White House chief of staff Mark Meadows was diagnosed with covid-19 on Wednesday, just hours after he attended Trump’s declaration of victory party without a mask.
Katja Beibl: In der Krise zeigt die Maerz-Chefin ihr Kämpferherz
Die Managerin hat den Strickwarenhersteller erfolgreich verjüngt. Dass im Jubiläumsjahr die Corona-Pandemie die Bilanz verhagelt, entmutigt sie nicht.