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Economy

source - https://as-images.apple.com/is/og-default?wid=1200&hei=630&fmt=jpeg&qlt=95&op_usm=0.5,0.5&.v=1525370171638

Apple Reaches $2 Trillion Valuation

Apple reached a record market cap of $2 trillion today, becoming the first publicly traded U.S. company to hit that milestone. Just two years ago,...
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photo source - https://abcnews.go.com/Business/19-million-americans-filed-unemployment-bringing-pandemic-total/story?id=71063691

Over One Million People File for Unemployment in Last Week

Over the course of the past week, 1,186,000 Americans have filed for unemployment. This is a slight improvement from two week ago, when 1,434,000...
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Photo source- https://venturebeat.com/wp-content/uploads/2018/09/amazon-apple.jpg?fit=3397%2C1917&strip=all

Amazon and Apple Combined Earn $148 Billion from April thru June

Amazon.com and Apple have just reported their financial results for the quarter ending June 30, 2020; Net sales for Amazon totaled $88.9 billion in...
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source - https://www.bea.gov/system/files/gdp2q20_adv_chart.png

U.S. Q2 GDP Drops 32.9% as 1.4 Million People File for Unemployment Last Week

Gross domestic product (GDP) for the United States decreased “at an annual rate” of 32.9 percent in the second quarter of 2020, the Bureau of...
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photo source - https://abcnews.go.com/Business/19-million-americans-filed-unemployment-bringing-pandemic-total/story?id=71063691

Over 1 Million File for Unemployment Last Week; 32 Million Total on Unemployment

In the week ending July 11, there were roughly 1,300,000 new unemployment claims in the United States. On average for the past four weeks,...
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IRS - https://www.cbo.gov/publication/56467#_idTextAnchor090

$511 Billion in Taxes Left Unpaid to IRS in 2018

In 2018, United States taxpayers owed the Internal Revenue Service (IRS) about $511 billion in delinquent tax debt. Delinquent tax debt arises “when taxpayers file...
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https://www.bea.gov/system/files/inline-images/intinv120chart1.png

Foreign Investment in the U.S. Drops as U.S. International Investment Rises

Foreign investment in the United States for 2019 totaled $194.7 billion, “down 37.7 percent from $312.5 billion… in 2018 and below the annual average...
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