Americans in August felt no better about the economy than about their own financial situation than they did in the previous month, reflecting broad concerns about the still-spreading coronavirus and the chance of a slow recovery, emerged from a new survey. The preliminary reading of the consumer sentiment survey in …
Read More »The extra $ 600 in weekly unemployment benefits expired – but gig workers and self-employed Americans still qualify for benefits
For the first time during the pandemic, weekly unemployment claims dipped below 1 million, but there are likely to be many more Americans eligible for unemployment benefits that were not applicable. When the $ 2 trillion CARES law was passed in March, the self-employed, self-employed, gig workers and other non-traditional …
Read More »Consumer prices jump again in July, handball recovers from pandemic declines, but inflation remains low
The numbers: The cost of many goods and services such as gas, cars, clothing and aircraft elevation rose in July in a rebound of pandemic lows, but inflation is still barely visible in the wake of a recession caused by coronavirus, which putting the demand too much into the whole …
Read More »How China could repay against Apple and Tesla for TikTok and WeChat connections
Text size Transversospinales / Dreamstime Let us assume that the Trump administration is advancing its threats to stop American companies from working with both ByteDance unit TikTok and Tencent Holdings-owned WeChat. What will the Chinese government do in response? Amber analyst Toni Sacconaghi has pondered that question. He owns both …
Read More »