BP cuts dividends on plummeted earnings and poor oil demand

Following the dividend cut by Shell the other day, it looks like U.K. oil giant BP would follow in its footsteps. Oil is having a...

Crude oil prices waver as OPEC+ makes preparations to increase output

Last Monday, crude oil prices went up by 2% due to promising economic data from Europe, Asia, and the United States. However, the rise...

Kodak stock price surges over 500% as analysts doubt over deal

Kodak just received a US$756 million loan from the U.S. government, and the massive stock rally has analysts skeptical about it. With no prior...

NY billionaires to pay more under Democrats’ proposed tax plan

A democrat-led tax scheme wants NY billionaires with $1 billion or more in assets to pay more as a solution to prevent budget cuts. Pressured...

US GDP may fall further amid COVID-19 spike, end of fiscal aid

The United States has yet again recorded its worst GDP slump in the second quarter despite May and June rebound. The coronavirus pandemic has yet...

Major bank analyst recommends investing in Bitcoin now

Ari Wald, the head of technical analysis at investment bank Oppenheimer, says now is the time to invest in Bitcoin. Speaking to CNBC, Wald touted...

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