Due to the unique challenges that have arisen from the pandemic-induced lockdowns, 2020 has been a tough year for many industries around the world—not least for the auto industry. As COVID-19 cases continue to emerge in earnest, government restrictions that remain in place to this day throughout much of the world
On June 20, 2020, it was reported that 20-year-old Alexander Kearns, a student at the University of Nebraska, had taken his own life after believing he had racked up more than $700,000 in losses by trading options using the popular Robinhood investing app.
With the prices of used cars and trucks recently experiencing their greatest increases in more than 51 years in the United States, US consumer prices rose solidly in August by a seasonally adjusted 0.4 percent compared with July. As such, prices have now risen for three consecutive months, with July and June levels each rising by 0.6 percent.
We often like to make predictions about the future, especially when it comes to what we believe are likely to be popular trends. In today’s world, it’s often some new technology that people tout as being “the future”, such as robotics or electric vehicles
2020 marks the 15th anniversary of the US shale boom, a period in which discoveries of deposits of shale oil and gas across such states as Colorado, Texas, North Dakota, New Mexico and Wyoming propelled the United States to the top of the list of the world’s biggest oil producers.
At the end of July, it was announced that EQUOS is set to become the US’ first publicly traded cryptocurrency exchange, with a planned “backdoor listing” on the Nasdaq before year-end, having received approval from market regulators. As part of the blockchain-powered Hong Kong-based financial-services company Diginex
The proliferation of digital currencies over the last few years has led to a rapidly growing list of use cases for tokenised assets. Thanks in no small part to the development of blockchain technology, as well as the recognition and anticipation of what cryptocurrencies
The last few years have seen arguably a closer relationship between politics and investing than in previous decades. With seismic events such as the United Kingdom’s Brexit referendum in June 2016 and the United States’ presidential election later that same year, market uncertainty remained at elevated levels during much of the latter half of the last decade
On January 20, reports emerged that the Caribbean nation of Guyana had officially exported its first-ever shipment of crude oil. The one million barrels of sweet crude that were sent to the United States had been produced at the Stabroek Block’s Liza oil field, which thanks to operator ExxonMobil had made history in December by producing the first crude oil in Guyana’s history.
Some companies define their space, and for decades, this was true of Thomas Cook, the world’s oldest travel firm. Longevity was not enough to save it, as it succumbed to mounting debt and pressure from new, agile industry players as well as consumers who became adept at developing their own travel itineraries. Thomas Cook may go down in history books as a sad example of unsuccessful adaptation to changing times.