U.S. Retail Sales Edge Up 0.2% As Shoppers Remain Cautious
Money

U.S. Retail Sales Edge Up 0.2% As Shoppers Remain Cautious

DoorDash Wants to Get a $27 Billion IPO Valuation
Money

DoorDash Wants to Get a $27 Billion IPO Valuation

With a sharp increase in valuations and profits due to the pandemic, the food delivery startup will debut as of one of the highest profile IPOs this year, expecting to sell 33 million shares.

Biggest US Retailers Make Their Black Friday Plans Public
Money

Biggest US Retailers Make Their Black Friday Plans Public

With in-store sales expected to drop 35% as a result of the pandemic, major retailers are prolonging the sale to last a few more days and investing heavily in online offers.

Bitcoin Won’t Be Used for Another 5 Years at Least According to Mike Novogratz
Money

Bitcoin Won’t Be Used for Another 5 Years at Least According to Mike Novogratz

The billionaire investor believes that Bitcoin won’t be used as your typical currency in the coming five years, terming the digital currency as “digital gold” as more banks and other players in financials are still developing capacities needed to support the currency.

Trump’s Tax Returns Is The 'IRS Scandal Of This Generation'
Money

Trump’s Tax Returns Is The 'IRS Scandal Of This Generation'

Sources claim the President paid only $750 in federal taxes between 2016 and 2017, and received a $75 million tax refund from the IRS back in 2010 even though he paid zero dollars in taxes for years.

US Government Debt to Reach Double the GDP by 2050
Money

US Government Debt to Reach Double the GDP by 2050

US public debt will increase to 98% of GDP this year alone and to 104% of GDP by 2021, according to estimates released by the nonpartisan congressional body.

Federal Government to Pay $300 a Week in Unemployment Benefits in 34 States
Money

Federal Government to Pay $300 a Week in Unemployment Benefits in 34 States

The plan looks to give people $300 a week in relief, but states have the option to add another $100 if they so wish to bring the total figure to $400. However, there’s a real fear that the program could run out of money before it has any real impact.

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