The numbers: Initial jobless claims fell slightly in the second week of July to a post-pandemic low of 1.30 million, but the decline reluctantly points to continued stress on the economy as the United States struggles to cope with the latest outbreak of coronavirus. New claims for unemployment benefits, a …
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Just as the war of words between Anthony Fauci and the Trump administration seemed poised to come to a stop, things suddenly took another nasty turn. The fractured relationship between President Donald Trump and Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases for three decades and …
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Data from China, a Twitter hack, geopolitical tensions and worries about viruses are scaring investors out of stocks on Thursday, with more earnings and weekly unemployment claims ahead. Markets encouraged positive news about vaccines just a day earlier. The week has also seen the Nasdaq Composite COMP, + 0.59% wobble, …
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The headquarters of the European Central Bank in Frankfurt am Main, Germany, on March 12, 2020. daniel roland / Agence France-Presse / Getty Images European stocks fell on Thursday as the world’s two largest economies continue to collide, and before the latest decision by the European Central Bank. 5% more …
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S Shares fell in Asia on Thursday as investors reflected on figures showing China’s economy returned to growth in the last quarter. The Shanghai SHCOMP Composite Index, -4.49% led the falls on Thursday, falling 4.2% to 3,262.41. Benchmarks also fell in Tokyo, Hong Kong, and Sydney. News that China’s economy …
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