Rightmove scraps all its forecasts and axes a £38m dividend payout to shareholders 

High-flying Rightmove dragged down to earth by the property market freeze as it scraps its dividend and forecasts People have been told not to move and agents instructed not to market homes FTSE 100 group has ‘suspended’ all its financial forecasts for the year Online property portal has also axed its 4.4p a share final … Read more

US coronavirus: Goldman Sachs forecasts staggering 24% drop in Q2 GDP

Goldman Sachs has issued a grim forecast, predicting that U.S. gross domestic product will plummet by 24 percent in the second quarter of this year, by far the largest drop since detailed records have been kept.  The investment banking giant issued its revised forecast in a note on Friday, dramatically slashing its economic forecast as … Read more