financial
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Did you spend all your emergency savings during the pandemic? A new study reveals that Black respondents are 43% more likely than overall respondents to have spent their emergency savings since the COVID-19 pandemic began. The study by Real Estate Witch was based on an online survey done in late January of 1,000 people questioned […]
What does Drake, Samuel L. Jackson and Boston Red Sox Chairman Tom Werner all have in common? They all have a minority stake in Dave’s Hot Chicken, the fried-chicken chain. Drake will own less than 50% of the company, but will be among the biggest investors alongside Werner and Jackson. The company didn’t give further details […]
The US has claimed it wishes to borrow a record $3t, as the budget for this quarter has been blown on COVID-19 financial rescue packages. In the whole of 2018, the county borrowed $1.28t, meaning $3t is a significant increase for the government. If the US government is successful at securing this figure, the total […]
The financial impact of COVID-19 has now reached a historic level when it comes to unemployment. Just released numbers have 4.4 million people filing for unemployment insurance this past week. That brings a grand total for the last five weeks to 26.4 million according to the labor department. 16 million people are receiving unemployment right […]
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