US President Donald Trump tweeted on Friday: “There is a rise in Coronavirus cases because our testing is so massive and so good, far bigger and better than any other country,” adding that this is excellent news, but “even better news is that death, and the death rate, is down. …
Read More »US NFP Surges by 4.8 M in June
The US Non-Farm Payrolls report (NFP) released by the United States Bureau of Labor Statistics on Thursday increased by 4,800,800 in June, compared to an increase of 2,699,00 for May. This number is better than the market forecast; the market expected 3,000,000. Other details of the release indicated that the …
Read More »US Oil Inventories Down 7.2 M Barrels in Week
The United States crude oil inventories decreased by 7.195 million barrels during the week ended June 26, according to data by the US Energy Information Administration (EIA) released on Wednesday. This is the first decline in US oil inventories after three consecutive weekly increases. The decrease exceeded the expectations of …
Read More »COVID-19 Updates: Gloomy Warnings in the US
The world’s efforts for discovering a cure are going at full capacity, with Gilead’s remdeisivr being a potential cure. In the US, the number of cases reached 40,000 again, and epidemiologist Anthony Fauci warned that the US could see 100,000 cases per day. While testifying on Capitol Hill, he told …
Read More »