Day: October 2, 2020

Stock futures slide after Trump tests positive for Covid-19

TipRanks

3 “Strong Buy” Healthcare Stocks Under $5 That Could Go Boom

Since 2019, the healthcare sector has been bracing for the wild ride that would be the election year. However, according to some Street pros, 2021 is looking a lot like 2009, and this could actually be a good thing for the space.“[We] think 2021 will play out very similarly to 2009 for the health care sector. If in fact the political prediction markets are correct and Democrats seize control of the presidency and the U.S. Senate, the rhetoric on changes to health care policy exceeds the reality of

Gradual recovery: How economy is inching back to normalcy

In May, as it was becoming clear how prolonged and severe the pandemic-induced shock to the industry would be, several corporate leaders glumly predicted a recovery may take a year or more.

Forget the perceived fall in India’s potential growth rate for now, some credible evidence seems to have emerged lately of a return to what could be called economic normalcy. This is a big positive, and exhibits the resilience of each segment of the economy to overcome a gripping crisis.

In May, as it was becoming clear how prolonged and severe the pandemic-induced shock to the industry would be,

Caveat emptor: Users seek better disclosures on pay-later schemes from e-tailers

The online shopping platforms in these instances had at no point disclosed that the shopper was in effect being given a loan by a bank to avail of the ‘pay-later’ option.

The pandemic and the associated lockdowns have led to an increase in the use of ‘buy now, pay later’ schemes on e-commerce platforms. Consumers availing of this convenient facility, however, are often unaware of the fact that they are in effect creating a loan account at the back end.

Shoppers who bought products discovered that even after they had paid for the products, their credit reports showed a large