Author: JavaExchange

The US government is in the process of boosting America’s capability to manufacture semiconductors “to reduce the industry’s reliance on producers in…

Intel Wants to Help US Officials Boost Chipmaking on American Soil (Macro News for May 16, 2020 – May 22, 2020)

Wall Street was set to surge at the open, with the S&P 500 poised to breach a major technical barrier on Tuesday as business restarts and optimism …

Wall St set to surge at open on recovery, vaccine hopes

By Ewa Krukowska and Vanessa Dezem Read More

Hydrogen Primed For Key Role in World’s Greenest Stimulus Plan

The question of where to invest is a common occurrence. For most new investors the decision is best to keep the initial investment simple until you understand the “game” a little better. Don’t assume you can read a book to get the answers. The infomercial ran by an average looking guy in a G7 jet telling you “I did it and so can you, just send me your info and $29..99 …” Don’t overthink the market just yet. If you don’t believe me, listen to Warren Buffet.

Investing legend Warren Buffett wants you to keep it simple and trust index funds when it comes to investing your money. 

https://www.cnbc.com/2020/05/22/warren-buffett-most-people-shouldnt-pick-single-stocks.html

LONDON — The United Kingdom has drawn up plans to require employers to cover 20% to 30% of furloughed employees’ wages from August to reduce the vast burden of the coronavirus crisis on government finances, The Times newspaper reported. Read More

UK to require employers to pay 20-30% of furloughed wage cost – The Times — Financial Post

Jaguar Land Rover is in talks with the British government about a request for temporary state funding of more than 1 billion pounds ($1.22 billion), Sky News said on Saturday, a report the company said was inaccurate. Read More

Jaguar seeks state loan as coronavirus pandemic takes toll- Sky News — Financial Post

U.S. billionaires saw their fortunes soar by $434 billion during the nation’s lockdown between mid-March and mid-May, according to a new report.

https://www.cnbc.com/2020/05/21/american-billionaires-got-434-billion-richer-during-the-pandemic.html

ETF Edge: QQQ ETF nears $100 billion in assets-under-management milestone

https://www.cnbc.com/video/2020/05/11/etf-edge-qqq-etf-nears-100-billion-in-assets-under-management-milestone.html

Online used car seller Vroom Inc filed for its U.S. initial public offering on Monday, at a time when the coronavirus-led restrictions are shifting consumer spending to online platforms. Read More

Online used car seller Vroom files to go public — Financial Post