Fortnite New Update 13.30 Got New Skins and V Bucks

Fortnite battle royale season 3 has come up with its latest update version 13.30. There have been several new inputs in the game, including all the new vehicles, cosmetics, and much more. Summer Splash will be continuing and returning with a bunch of new LTMs that would stay for a while.

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The patch notes have made few announcements, nothing major but still pretty much relevant. Payback, Catch, and One Shot is going to be there this week in the LTMs.

Now TikTok disables QAnon hashtags

This news comes as many Western countries are considering TikTok bans. Citing national security concerns, many governments -- including the US and Australia -- are worried that the Chinese government might have sway over the app.

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India has already banned TikTok for being "prejudicial to the sovereignty and integrity of India, defence of India, security of state and public order."

Congress approved an extra $600 in weekly unemployment benefits

The unemployment insurance programme has emerged as a crucial source of support at a time when the jobless rate is at Depression-era levels. In May, unemployment benefits made up 6 percent of all US income, ahead of even Social Security, and up dramatically from February, when it amounted to just 0.1 percent of national income.

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10 stocks we like better than Ford Motor Company

General Motors, which rose more than 3% today, saw terrible effects from the pandemic. Second-quarter vehicle deliveries were down 34% year over year, with Cadillac in particular suffering a 41% drop. Ford's delivery decline of 33% was just about the same.

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Although GM and Ford said things got better as the quarter went on, June's numbers were still far off their pace from the same month in 2019.

Even with today's rise, stock prices for both Ford and GM remain more than 30% lower than where they started the year. Tesla managed only a 1% gain Tuesday, but its stock has jumped 262% so far in 2020. Although value-hunting investors have looked at the automakers for some time, it'll take a lot more from General Motors and Ford to convince anyone that they've turned things around for good.

As Stocks Rally, Bitcoin Trades Above $9.3K for the First Time in 10 Days

Market participants are pointing to global stock markets as reasons for bitcoin’s rise in price, with the world’s oldest cryptocurrency in a narrow range just above $9,000 since July 3. “Equity markets are up across the board and so you see a spike in bitcoin’s price,” said Michael Rabkin, head of institutional sales at Chicago crypto trading firm DV Chain.

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Indeed, stock indexes globally are flashing green. In Asia, the Nikkei 225 index of companies ended the day up 1.8%. Despite a rising number of coronavirus cases in Japan, gains were made in industrial stocks including conglomerate Mitsubishi. Europe’s FTSE 100 index closed up 1.5%. Optimism on fresh government stimulus across the continent contributed to leading the index higher. The U.S. S&P 500 index gained 1.6%. Record highs for tech stocks Netflix and Amazon led the way.

A central bank would cut interest rates when economic times

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The relationship also worked in reverse. As the benefits of lower interest rates stabilised the economy and the outlook for corporate earnings improved, central banks could then normalise their policy rates. For equities, the prospect of stronger corporate earnings overwhelmed the fact that you were discounting them at a higher rate of interest.

In short, the inverse correlation between stocks and government bonds created a perfect symbiotic relationship, helping those investors with a balanced portfolio to sleep easy through good times and bad.

But with the advent of QE, the narrative has shifted. And the scale of that shift has become increasingly apparent during the pandemic, as illustrated by the Federal Reserve’s commitments in March and April to buy assets as far down the risk spectrum as high-yield credit.