English news 2 by anthonyhobeikahotmailcom | May 27, 2020 S&P 500 jumps 2.5% in broad rally as both economic comeback plays and tech names gainNew York attorney general warns cryptocurrency industry: 'Play by the rules or we will shut you down'Warren Buffett says 'never bet against America' in letter trumpeting Berkshire's U.S.-based assetsSaudi Arabia pledges $430m to UN's Yemen responseWarren Buffett owns more of a Chinese electric car company than General MotorsBitcoin is at a tipping point and could become 'currency of choice' for global trade, Citi saysStimulus checks, unemployment benefits lift 1.6 million Americans out of povertyExxon shares jump as activist investor Jeff Ubben joins the boardUS mission to Saudi Arabia to reopen routine visa servicesPicture perfect: Saudi Arabia’s ancient beauty finds a new audienceAl-Rabeeah, EU envoy discuss relief effortsFamily affair: Saudi siblings inherit father’s law legacyAmaala, Saudi cybersecurity federation sign MoUSaudi Arabia records 43,428 COVID-19 violationsPersonal income leaps 10% in January thanks to stimulus, but inflation still in checkHere's why jobless claims are the wrong way to understand unemployment in the U.S.Carlyle’s Rubenstein says biggest economic risk is high unemployment, not stock market speculationWeekly jobless claims drop sharply but labor market remains challengedPowell says inflation is still 'soft' and the Fed is committed to current policyDecember home prices rose 10.4%, the biggest gain in 7 years, Case-Shiller saysTreasury Secretary Janet Yellen makes push for major stimulus, sees bigger risk in not doing enough
