
Americans Spend Part of Coronavirus Stimulus Checks to Speculate in Stock Market
There are no restrictions on how the stimulus package can be used, and many Americans spent them on investing. They buy stocks, securities, and cryptos.
There are no restrictions on how the stimulus package can be used, and many Americans spent them on investing. They buy stocks, securities, and cryptos.
Jeff Bezos and Mark Zuckerberg added $34.6 billion and $25 billion respectively during the coronavirus lockdown between mid-March and mid-May.
Though many things have changed for people due to the COVID-19 pandemic, Warren Buffett and Bill Gates still manage to play bridge from home.
Sneakers autographed and worn by basketball legend Michael Jordan, Nike Air Jordan 1s, were auction for a whopping $560,000. It makes this pair the most expensive sneakers ever sold.
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Another 3 million people filed initial unemployment claims last week. That brings the total number of first-time claimants to 36.5 million since mid-March.
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After tweeting that he will own no house on May 1, Elon Musk has now 5 other properties for sale worth more than $100M.
Democrats in the House of Representatives offer a new coronavirus stimulus relief bill that presupposes a second round of $1,200 stimulus checks, or up to $6,000 per household.
The U.S. unemployment rate in April 2020 has got worst since the Great Depression at 14.7%. This was a steep jump from the 4.4% rate in March 2020. The Trump administration is looking at ways to reopen the economy and get the engine running.
During an interview with comedian Joe Rogan, Tesla CEO Elon Musk commented on a number of his recent sentiments, including his opinion about ongoing coronavirus ‘shelter in place’ policy.
Elon Musk is now one step closer to receiving the totality of his $55 billion award from Tesla, as contained in his 2018 agreement with the company.
According to Warren Buffett, these two historic books may help people to better understand what is happening in the world today.
Elon Musk has listed two of his houses for sale on Zillow.com. Meanwhile, Tesla (TSLA) stock is moving higher again.
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