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Category: Financial Markets

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Google-backed ‘plumber’ Amwell spikes in debut, IPO a barometer of booming telehealth market

SOURCE: YAHOO FINANCE American Well Corp. (AMWL), began trading Thursday in a long-awaited move that may help boost competition in the increasingly hot telehealth market, and rides a wave of growing enthusiasm for virtual doctor visits that swelled during the COVID-19 pandemic. Amwell’s stock opened at $25 per share, well above the initial public offering (IPO)…
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U.S., Chinese trade deputies face off in Washington amid deep differences

Reuters WASHINGTON (Reuters) – U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks for the first time in nearly two months on Thursday, as the world’s two largest economies try to bridge deep policy differences and find a way out of a bitter and protracted trade war. READ MORE

Futures Explained: What Futures Provide the Financial System and Society

The role of futures in the financial markets and society is widely misunderstood. Futures do not inherently destabilize the financial system, and they are not devices made purely for speculation. Futures, especially exchange-traded futures, have massively contributed to the creation of the modern financial system. This system allows for capital to be put to use…
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