Thousands of small businesses going bankrupt in the US are not counted in Covid
UK job losses hit tens of hundreds, less anticipated
LONDON (Reuters) – The number of people at work in Britain has suffered the biggest drop since 2009 and signs are growing that the coronavirus will take a heavier toll on the labor market as the government abandons its enormous job protection scheme. Led by a record dip in self-employment, …
Read More »Jamie Dimon: The stock market does not reflect the pain of Americans
“If you have 13 million people out of work, and your people are suffering and suffering from small business, that’s much more important than the Wall Street changes,” Dimon told CNN’s Christine Romans. “We have to worry about that.” Dimon said companies need to do more to help low-income Americans. …
Read More »Trump’s COVID orders too little, too late to help US economy, experts say
(Reuters) – U.S. President Donald Trump’s weekend effort to hold stagnant congressional talks on the next coronavirus bailout package will not do much to boost the economy, experts said. US President Donald Trump speaks at a pandemic briefing on coronavirus (COVID-19) disease at the White House in Washington, USA, August …
Read More »Singapore publishes second GDP 2020, economic data
A woman runs past a closed off Merlion Park on June 12, 2020 in Singapore. Suhaimi Abdullah | Getty Images Singapore’s economy shrank by 42.9% in the second quarter of 2020 compared to the previous quarter – sending the Southeast Asian country into a technical recession, the Ministry of Trade …
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