Economy
Economy Articles
The American jobless rate saw a sharp improvement in July. However, one group fared much worse.
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In July, most segments of the population posted an improvement in employment. The rate among Black Americans did not improve much.
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The financial markets and Main Street agree that each release of the U.S. Department of Labor's Employment Situation report is one of the most important as a fair measure of the economy.
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The Institute for Supply Management's readout for the services sector posted its second monthly gain in a row for July.
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Economists look closely ahead of each monthly unemployment and payrolls report at hiring trends in the private sector and in small businesses.
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The hottest place in the world right now is a city in Tunisia, where it is over 121 degrees Fahrenheit and isn't expected to cool much soon.
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The COVID-19 pandemic is making the problem of food insecurity even worse for the world's poorest countries. A new report from Oxfam illustrates the extent of the damage.
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Corporate debt defaults soared in the second quarter according to the latest report from Moody's. And it will get worse the longer the COVID-19 pandemic lasts.
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The final reading for July from the University of Michigan consumer sentiment index revealed a 7.2% month-over-month drop in consumer sentiment and a decline of more than 26% compared to July of last...
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Can a small city that is relatively isolated and has several small businesses ride out a recession that has badly damaged almost every other part of the country?
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Hammered by a downturn in the gaming industry and torn to shreds by Hurricane Sandy, Atlantic City has the highest unemployment rate of any city in the country.
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U.S. second-quarter GDP fell at an annualized rate of nearly 33% in the second quarter, the largest decline since reporting began following World War II. Consumer spending fell by 25%.
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Global experts warn that the hottest areas in the world will get much hotter. Two locations in Iraq topped 124 degrees today.
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The world and the financial markets are both addicted to government sponsored economic stimulus. Companies love stimulus and millions of consumers currently have no job and have little to no...
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24/7 Wall St. has been tracking GDP forecasts and other economic forecasts around the pandemic. Unfortunately, the great economy of 2019 will not be seen for quite some time. Just don't bother...
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