The U.S. trade deficit rose 17.7% last year to $679 billion, the highest since 2008, as the coronavirus disrupted global commerce and confounded then-President Donald Trump’s attempts to rebalance America’s trade with the rest of the world.
The deficit narrowed slightly in 2019 but then ballooned last year as coronavirus restrictions hammered U.S. exports of services such as tourism and education. Services exports dropped 20.4% last year.
THIS STOCK IS UNLIKE ANYTHING I’VE EVER SEEN BEFORE
No doubt it would have hundreds of billions in revenue – more than tech giants like IBM, Facebook and Google.
It would probably be a leader in cutting-edge technology like smartphones, robotics, e-commerce and medical equipment.
It would have tens of thousands of unbreakable patents.
It would pay an enormous dividend.
It would be on the verge of dozens of blockbuster announcements that would send the stock higher and higher.
Investors are looking forward to another positive week on the stock market after watching the S&P 500 soar over 4.6% in the previous days. This week, they’ll have their eyes on earnings reports from big names like Coca-Cola, Pepsico, Cisco, and Disney. They are also anticipating more news on the stimulus front.
“I think the path of least resistance has resumed to a higher level,” said Art Hogan, a strategist for National Securities. “I think we had a mini correction a week ago and I think it happened pretty quickly. I think we continue to grind higher and the only bumps in the road that I can see are a delay in fiscal stimulus or some exogenous factor comes in and changes the dynamics.”
As more colleges and universities have shut down their campuses and in-person learning in an effort to slow the spread of the virus, many learners have found themselves at a disadvantage.
Thankfully, many tech companies have stepped up to the plate offering free services, lifting limits for services, and making their paid services free throughout the rest of this school year.
Not only can students and teachers benefit from these resources, but also those in other professional settings. So, whether you could use tutoring services or graphic design tools, this list has you covered.
On Thursday evening, an unknown entity stole $2.8 million from a shared digital “vault” on the investment website Yearn.finance.
While Yearn.finance has not yet issued a full report of what happened, the theft may show that blockchains, a security technology behind digital currency transactions may have more vulnerabilities than originally thought.
When digital currency first emerged, advocates said that blockchain technology would prevent theft because multiple computers in a non-centralized network would have to validate each and every transaction.
However, a February 2019 report by the MIT Technology Review stated that hackers have stolen nearly $2 billion worth of cryptocurrency since the start of 2017, partly because they’ve figured out ways to hack blockchains by exploiting poor security features on web servers and on websites that operate as cryptocurrency exchanges.