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financial crisis

03/06/2020 / By Ralph Flores

World Bank commits $12 billion in aid for countries hit by coronavirus, but experts are bracing for a global recession

The World Bank on Tuesday has committed $12 billion in aid to help countries with the health and economic impacts of the global coronavirus (COVID-19) outbreak. The emergency aid package will include low-cost loans, grants and technical assistance, and is designed to provide a fast and reliable response for developing countries, especially those that are […]

02/29/2020 / By Ralph Flores

COVID-19 fears send global markets into a tailspin, U.S. stock market closes its worst week in 10 years

The U.S. stock market capped its worst week since the 2008 financial crisis on Friday, with all major stock indexes tanking over worries that COVID-19 could potentially end one of the longest economic expansions in history and send the global economy into recession. The CDC reports 15 confirmed COVID-19 cases in the U.S., as well […]

04/25/2018 / By Jessica Dolores

Major financial losses in middle age can KILL you: Research shows that the stress of losing your nest egg increases risk of early death by 50%

Do you want to live longer? Then exercise, have a nutritious diet, maintain an ideal body weight, and keep in touch with family and friends. New research added one more must: financial stability. The study, led by Dr. Lindsay Pool, research assistant professor of preventive medicine at Northwestern University Feinberg School of Medicine showed that half […]

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