Economy
Economy Articles
Hong Kong is under siege. China has said it will push new national security laws to control the population. Protests have erupted and the dispute has moved toward violence. More is at stake than the...
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Here are ten issues that offer some views to explain the stock market gains, even as the reopening of America's economy is still in the beginning stages.
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A new survey from the World Economic Forum highlights the global risks that pose the greatest threats to economic recovery from the COVID-19 outbreak.
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Europe remains the place where most nations are at risk of losing hundreds of millions of visitors and billions of dollars from tourism.
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Germany’s Federal Statistical Office (Destatis) announced that first-quarter GDP dropped 2.2% as its economy plunged into recession. Notably, COVID-19 could only have affected the latter part of...
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More employees appear to be heading back to work. The weekly jobless numbers are still ghastly compared to the past, but they are becoming less ghastly.
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Sometimes the news has an exaggerated impact on the financial markets. Federal Reserve Chairman Jerome Powell provided the exaggeration on Wednesday.
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When the Federal Reserve lowers interest rates to zero at the same time the Treasury has printed trillions of dollars for economic stimulus, many classical economists would throw up a red flag.
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If one thing has proven to be true over time, and particularly in a wild 2020, the stock market is not the economy and the economy is not the stock market.
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Global Manufacturing PMI as reported by IHS Markit, dropped to an 11 year low as all nations but China suffered sharp drops in factory activity. China’s improvement was negligible. According to IHS...
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The Institute for Supply Management has shown a dire picture of the U.S. economy.
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The Congressional Budget Office is forecasting a decline of 12% in U.S. GDP for the second quarter.
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The U.S. economy has already seen its short-term interest rates taken down to zero-percent, and the Federal Reserve has injected trillions of dollars into the economy with asset purchases and other...
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U.S. gross domestic product saw its steepest contraction since the Great Recession more than a decade ago, and the writing is on the wall that GDP will become much worse in the second quarter.
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Italy, suffering from one of the highest COVID-19 death rates in the world, crushing sovereign debt and a collapsing economy, took another blow as rating agency Fitch cut its credit rating to just...
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