(Reuters) – The US drive to boost its economy in the midst of a pandemic came to a halt last week with signs that declining unemployment and business subsidies may have begun to take a toll. PHILO PHOTO: People who lose their jobs are usually waiting to work for unemployment …
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BEIJING (Reuters) – China’s retail sales fell in July, sparking high expectations for modest growth as consumers in the world’s second-largest economy failed to shake warnings about the coronavirus while recovering of the manufacturing sector struggled to pick up pace. PHILO PHOTO: People wear protective face masks as seen in …
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BEIJING (Reuters) – China’s retail sales fell in July, sparking high expectations for modest growth as consumers in the world’s second-largest economy failed to shake warnings about the coronavirus while recovering of the manufacturing sector struggled to pick up pace. PHILO PHOTO: People wear protective face masks as seen in …
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While Latin America continues to struggle with the outbreak of coronavirus, some economies in the region could see a “record-breaking contraction” not seen since World War II, according to investment bank Goldman Sachs. Latin America and the Caribbean have become a new global epicenter of the pandemic, and the United …
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Has the widespread unemployment benefits discouraged many workers from returning to work? A big drop in people seeking or receiving benefits in the past two weeks after the end of a $ 600 federal grant suggests that the answer may be yes. Early unemployment fell to 963,000 in early August, …
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