In the USA, new restrictions due to the pandemic led to the first drop in new jobs since April 2020: in December the figure fell by 140,000 (analysts had forecast an increase of 70,000). Growth in new jobs slowed to 336,000 in November from 638,000 in October. The decline is associated with a fall...

The combined market cap of all cryptocurrencies has surpassed $1 trillion for the first time, CoinMarketCap reports. According to CoinMarketCap, cryptocurrency market capitalisation had risen to $1.051 trillion. Bitcoin's value jumped in late December. The coin broke the record of $20,042 then...

An executive order that bans all transactions with eight Chinese software applications, including Ant Group’s Alipay, was signed by the United States President Donald Trump on Tuesday, the White House said.   This latest move against suspect Chinese firms has escalated the tensions between...

The full economic brunt of the novel coronavirus pandemic and a related recession has been offset partially and at least temporarily by a flood of government support programs in the United States resulting the number of bankruptcy filings for 2020 in the country reached their lowest level since...

After the New York Stock Exchange gas started taking action against Chinese companies by delisting them - three Chinese telecom companies have so far been delisted, Chinese authorities have said that the country will take "necessary measures" in order to safeguard the interests of its companies...

Analysts expect silver to perform “better than gold”. Precious metals have seen “a spectacular year” in terms of gains, while in 2021 the rising trend is likely to continue as silver is thought to be at the fore front. However, analysts worry about “the prospects for gold” while the world’s economy...

Holiday weekend could also result in increased market volatility. The stock index of U.S. saw a rise on Wednesday, December 30, 2020 with investors’ focus turned towards the prospects of gradual economic recovery in the coming year due to the vaccine roll out whereby being accompanied “more...

This number demonstrate “stunning result” from a year that saw stocks plunging down due to the quick reach of COVID-19 pandemic as the globe economy went under lockdown in the spring following which they turned around to conquer “fresh highs”. The investors at Wall Street who put their money in...

The most popular of the cryptocurrencies in the world saw almost 50% surge once it broke the barrier of “$20,000 for the first time on Dec. 16”. On Wednesday, 30 December 2020, Bitcoin surged to a record high of “$28,599.99” as digital currencies multiplied four times in value this year whereby...