(Newser) – The Chinese economy grew 3.2% in the second quarter compared to the previous year, a statistic that normally would not generate much attention. In this case, however, it represents the first major economy to return to growth since the pandemic began, reports the Wall street journal. China did …
Read More »Investigators: Texas couple disappointed Army of millions
Federal agents have seized more than 20 vehicles and the money from 10 bank accounts belonging to married veterans of the US Army in Texas. By JAKE BLEIBERG Associated Press July 16, 2020 8:25 PM 4 min read Share on FacebookShare on TwitterEmail this article DALLAS – Federal agents have …
Read More »Retail sales in the United States decline; high unemployment, COVID-19 rise looms over recovery
WASHINGTON (Reuters) – US retail sales rose more than expected in June as consumers bought high-priced items like motor vehicles and went out to dinner, but a resurgence in new COVID cases- 19 is impacting the budding recovery, keeping 32 million Americans unemployed benefits. Economists attributed the second consecutive monthly …
Read More »Waves of viruses. Plateau working hours. America may be flattening the wrong curve
(Reuters) – The United States’ economic recovery showed signs of stagnation last week when the country struggled against rising coronavirus cases and an increasingly fractured government response, according to data from a broad set of industry sources and government. FILE PHOTO: A waitress takes customers’ temperatures when they come to …
Read More »Retail sales in the United States decline; high unemployment, COVID-19 rise looms over recovery
WASHINGTON (Reuters) – US retail sales rose more than expected in June as consumers bought high-priced items like motor vehicles and went out to dinner, but a resurgence in new COVID cases- 19 is impacting the budding recovery, keeping 32 million Americans unemployed benefits. FILE PHOTO: People line up outside …
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