Are millennials with student debt buying homes?

Millennials saddled with student loans are becoming homeowners. (iStock) While many millennials are saddled with student loans and credit cards, they still plan on becoming homeowners despite their debt. Continue Reading Below About two out of five millennials have student loan debt and owe approximately $498 billion out of the $1.6 trillion in outstanding loans, said Bruce McClary, spokesperson for the […]

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Defense Production Act invoked for coronavirus is 'great leverage': Trump

Trump: GM has ‘been great’ in coronavirus support since Defense Production Act President Trump discusses GM agreeing to produce thousands of ventilators each month and how production is progressing worldwide. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below President Trump described the Defense Production Act as "great leverage" in […]

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Saudis gambling on game of oil-price chicken

The demand for oil is falling. The supply of oil is increasing. The result – as even those with only the scantiest understanding of economics knows – is that the price of oil must be falling. And some. The cost of Brent crude – one of the market benchmarks – fell to below $23 a barrel in early trading, the […]

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Beam me up, Scotty! Indian tech firm helped in Wuhan’s Covid-19 fight

Thanks to technological support provided by BlinkIN, a Bengaluru-based intelligent visual-assistance company, engineers in Wuhan were able to remotely install air ventilation systems in two hospitals in Wuhan, the epicentre of the coronavirus pandemic, reports Peerzada Abrar. Soon after the coronavirus (Covid-19) outbreak in the Chinese city of Wuhan in December 2019, the authorities were able to quickly set up new […]

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'Most Hurtful President': As Coronavirus Deaths Skyrocket, Trump Brags of Bachelor-Like TV Ratings

Many on social media are deeming President Donald Trump‘s tweet about his spike in television ratings as “hurtful” as the United States battles the coronavirus pandemic. Speaking about his daily coronavirus briefings, Trump quoted a New York Times article about recent viewership statistics that compared his ratings to the popularity of The Bachelor and Monday Night Football. “‘President Trump is a […]

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Myer better off with fewer stores: Geoff Wilson

One of the largest shareholders in struggling department store Myer has said it would "make sense" for the retailer to use the coronavirus shutdown as an opportunity to permanently shutter or shrink more stores across the country. Veteran stockpicker and head of Wilson Asset Management, Geoff Wilson, told The Age and The Sydney Morning Herald Myer would be better off […]

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