(Reuters) – The US economic recovery, After two months of faster-than-expected job gains, may stumble as a surge in new coronavirus infections prompts states to delay and, in some cases, reverse plans to allow stores to reopen and activities to resume. FILE PHOTO: Hundreds of people line up in front …
Read More »
President Donald Trump went to the White House briefing room on Thursday morning to announce new employment figures showing that 4.8 million jobs were added in June, calling it “spectacular news.” President Donald Trump arrives to speak to the media in the White House meeting room on July 2, 2020. …
Read More »
Saudi Arabian citizens entered stores after coronavirus blockade restrictions were lifted in June, hoping to save money on non-perishable goods, from food and clothing to electronics and cars, before the kingdom triples your value added tax or VAT. Riyadh announced the levy, which increased from 5% to 15% on July …
Read More »
CNBC’s Jim Cramer said Thursday that massive job gains in June indicate confidence in the United States economy despite the coronavirus pandemic. “There is an optimism in the country that I think is often not shared with people on the air, and that is just because we don’t see the …
Read More »
Pedestrians in Washington pass a “We Are Open” restaurant sign during the Covid-19 outbreak on May 12. Jonathan Ernst | Reuters When it comes to the next coronavirus stimulus package and providing more direct financial aid, the question on the lips of most Americans is, “Will they or won’t they?” …
Read More »