This summer, we face two simultaneous crises: a public health crisis caused by the coronavirus — a novel virus that has killed hundreds of thousands of people worldwide and more than 10,000 people in Texas — and an economic crisis that has resulted in millions of Americans losing their jobs. […]
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27 July 2020, Berlin: A traveller with a mouthguard comes out of the door of the arriving planes at Tegel airport. Annette Riedl | picture alliance via Getty Images The German economy contracted by a record 9.7% in the second quarter as consumer spending, company investments and exports all collapsed […]
Esther George joins Fox Business Network’s Edward Lawrence to discuss signs of life for the U.S. economy, forecast for GDP growth, significance of employment numbers and how the coronavirus pandemic is reshaping the American workforce. Kansas City Federal Reserve President Esther George says the U.S. economy is in a recession […]
“I don’t think it is a given that we have to accept these expenses, and certainly it’s not a given that we have to reimburse them,” Duda said. The board’s next meeting is next Tuesday. Duda said the new state guidance has implications beyond Omaha. The county must also consider […]
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MIAMI – Former Guatemala economy minister regularly received backpacks, duffel bags, and briefcases full of dirty money, according to the U.S. Attorney’s Office for the Southern District of Florida. At least two Miami companies, a Guatemalan bank, banks in the U.S. were involved in the $9.5 million money-laundering scheme, according […]
JAKARTA (Reuters) – Indonesia’s efforts to support its economy through the coronavirus crisis were being hampered by the slow disbursement of a $50 billion stimulus plan, economists said.The World Bank and Indonesian government have warned that millions more people risk being plunged into poverty amid the pandemic, as data showed […]
TOPLINE The stock market was mixed on Friday, paring back earlier losses to finish positive despite a stronger-than-expected July jobs report being offset by rising U.S.-China tensions and “disappointing” coronavirus stimulus talks. Investors are keeping an eye on ongoing stimulus talks. Johannes Eisele/AFP via Getty Images KEY FACTS The Dow […]
Chief Investment Officer at Cetera Financial Group (@CeteraFinancial). Find more insights at Cetera Investment Management (@CeteraIM) getty Any forecast at the start of 2020 could not have predicted the unthinkable: that a global pandemic would threaten millions of lives and livelihoods and quickly lead to a staggering economic decline. In […]