For more than two months now, the coronavirus disease 2019 (COVID-19) has wreaked havoc on the U.S. economy and labor market. In total, more than 33 million people have filed for initial unemployment benefits, the official unemployment rate has soared back to Great Depression levels (14.7%), and...
There's one number that stands out the most for Aurora Cannabis (NYSE:ACB) over the last 12 months -- 92%. That's how much Aurora's shares have plunged during the period. The marijuana version of Murphy's law has struck the Canadian cannabis producer at every turn.
But Aurora reported...
The right way to approach the oil downturn.
The U.S. economy is slowly opening up in the hopes that the worst of the COVID-19 pandemic is over. Oil prices will likely remain depressed from the shockwaves of lower demand, namely from transportation and industrial...
Many commodity firms pay investors.
Lately, commodity prices have been going haywire – including the low pricing for crude oil futures, with contracts for May delivery actually closing with a negative price thanks to a glut of supply, little demand and no place to...
Keep these stocks on your radar.
Projections for the shape of the economic decline and recovery read like alphabet soup. Will it be a short V-shaped bounce? Will the worst part drag on before we see a rebound, making the shape look like a...
Video game companies are quietly thriving as coronavirus rages.
Around the world, hundreds of millions of people have been forced to stay at home to prevent the spread of COVID-19. As it happens, one industry is custom-built for people to stay indoors and socialize...
Individual investors might be tempted to chase vaccines for SARS-CoV-2 or treatments for COVID-19, but it's still way too early to know which companies will succeed in their efforts. There will likely (hopefully) be multiple vaccines and treatments approved for use in the next two years, and...
For much of the past three months, investors have had their resolve tested like never before. The emergence and spread of the coronavirus disease 2019 (COVID-19) in the U.S. wound up leading to record-breaking volatility for the benchmark S&P 500, and sent the index lower by a whopping...
On Tuesday, UK telecoms giant Vodafone (LSE: VOD) released its full-year preliminary results for 2020. Safe to say, the news release detailed an impressive set of results in light of current circumstances. Here’s why I think the company is one of the best FTSE 100 stocks to buy right now.
Last month, Kenneth S. Rogoff, a Harvard economist and co-author of the book, This Time Is Different: Eight Centuries of Financial Folly, shared his opinion of the current financial crisis with The New York Times, saying:
This is already shaping up as the deepest...