The number of Americans applying for unemployment benefits increased more than expected last week, as the country continues to grapple with the economic impacts of the coronavirus pandemic. Weekly initial jobless claims reached 1.3 million for the week ending July 11, the Labor Department said Thursday. Economists surveyed by Dow …
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China is unlikely to use its currency aggressively as a tool against the United States, even if tensions continue to rise between the two economic giants, chief economist at Morgan Stanley told CNBC. “I think another trend is emerging … China does not want its currency to be so volatile, …
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US government debt prices were slightly higher on Thursday morning due to concern over rising coronavirus cases in the United States and tensions between the US and China dampened optimism stemming from of progress towards a vaccine. At around 2 am ET, the benchmark 10-year Treasury yield was 0.6250% lower …
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President Donald Trump speaks during an event to announce proposed setbacks to the National Environmental Policy Act regulations in the Roosevelt Room of the White House in Washington on January 9, 2020. Kevin Lamarque | Reuters President Donald Trump finalized on Wednesday a reversal of the country’s environmental law, the …
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Customers dine outside at the Via Carota restaurant in West Village, New York, June 26, 2020. Noam Galai | fake pictures American companies saw a spike in activity in early July as states eased restrictions to contain the new coronavirus pandemic, a Federal Reserve report showed Wednesday, but were unsure …
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