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Coronavirus’ aftermath hit Apple’s business operations, with production levels dropping significantly. South Korea’s outbreak is becoming a “grave situation,” with Samsung Electronics’ factory being shut down. Both tech giants are expected to suffer large losses due to the ongoing epidemic. The arguments between iOS and Android lovers can go
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As the deadly coronavirus continues to spread and claim more lives, it’s wreaking havoc on China’s economy. But its effects could be more far reaching than economics. Coronavirus could be a factor in helping to reelect Donald Trump in 2020. Studies show fear of germs and disease makes people
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The Wuhan coronavirus is rapidly spreading around the globe and may soon be declared a global pandemic. The crisis is having a significant economic impact on companies, but financial markets remain nonchalant. China’s economic stimulus may be distorting financial markets. The West should avoid falling into the same trap.
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Coronavirus continues to rage in China. The official death toll is 2,345, while total cases crossed 76,000 this week. But more people have died in the United States from taking a selfie than contracting coronavirus. While black swan events like this pandemic garner more attention, the predictable threats to
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A terrible PMI reading prompted a massive slide in the Dow Jones Industrial Average (DJIA) on Friday. Stock market bulls appear to have underestimated the effect of the coronavirus on the U.S. economy. Donald Trump’s phase one deal with China looks unlikely to be fulfilled, posing a significant risk
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PewDiePie is back after a 37-day YouTube hiatus. And he’s back to his old ways right off the bat. His return video is rife with racially “edgy” humor. PewDiePie, the king of gaming YouTube, took a break last month. It was a momentous event for his channel after ten
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During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone
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U.S. services PMI plunged into contraction territory for the first time since 2013. The broader U.S. economy is on pace to grow just 0.6% this month, according to IHS Markit. Business spending plans have been curbed over fears of a worsening coronavirus pandemic. Output in the U.S. services sector
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The Dow Jones Industrial Average (DJIA) declined on Friday, setting the index up to record a weekly loss. Damage from the coronavirus outbreak prompted another Dow 30 component to cut its earnings guidance. The infection toll continues to mount outside of China, especially in South Korea and Japan. The
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Officials in Daegu suspect hundreds of additional coronavirus cases could be confirmed in the days to come. Over 400 people from the Shincheonji Church are showing symptoms of the virus. The outbreak started with a single individual at the church. South Korea has become the most infected country by
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