Tag Archives: economy

European stocks were lower on Monday as U.S. Monetary policy signals boosted global risk assets. As most major European bourses were higher as global market players relied on supportive monetary policy measures, stocks would rebound despite the economic damage to the coronavirus epidemic. Last week, the Fed, which has cut …

U.S. The recent layoffs and furlough provocations are also creating a new obstacle to a fragile economic recovery, the pace of which seems to be waving the flag. A large number of airline carriers and hotel chains such as American Airlines AAL. + 2.33% And MGM Resorts MGM, + 4.60% …

Unemployed California workers can expect to receive an additional 300 300 in weekly unemployment payments in early September, the state labor agency announced, welcoming the dream economic crisis unleashed by the coronavirus. U.S. Additional unemployment payments are being made to states across the country using funds from the Federal Emergency …

On Friday, Canada joined France, Germany, Italy, Japan, the United Kingdom and the United States in announcing that its economy would shrink dramatically in the first half of 2020 due to the pandemic. Canadian economic production shrank by 11.5% between April and June, the sharpest decline in records dating to …

U.S. consumers increased their spending last month by 1.9%, a dose of support for an economy struggling to emerge from the grip of a pandemic that has recovered and left roughly 27 million people unemployed. The July gain marked the third straight monthly increase in consumer spending, the primary driver …