Economy

Economy Articles

Early indications are that the Bureau of Labor Statistics unemployment report could show 2 million jobs lost last month.
A new report on global supply chains and the coronavirus pandemic details what firms should have learned and what they need to learn going forward.
One thing that most of America has not come to grasp fully is that the jobs market in America is crumbling, as waves of layoffs have started.
U.S. consumer confidence continues tumbling as the coronavirus spreads across the country.
Before the coronavirus pandemic is stopped, 25 million more people around the world could become unemployed and up to 35 million could join the ranks of the working poor.
A survey of German executives suggests that the German economy is speeding into recession. If its business climate is deteriorating, so is that of every nation in the European Union.
by Catherine Wood, ARK Invest CEO The coronavirus has thrown the markets for a loop, understandably. Half of the solution is understanding the problem, so we are reassured by the universal and...
Research firm Morning Consult's consumer sentiment index has fallen to a new low again Tuesday as stopping the spread of coronavirus begins to hamper larger chunks of the U.S. economy.
If you have been hoping that formal recession calls due to the coronavirus would not be coming, the time for that hope has ended.
What is unfolding in the wake of the coronavirus-induced economic panic is starting to feel like a runaway train. The reality is that the population seems to know that things are going to get worse...
By The Pew Charitable Trusts The coronavirus is already affecting state budgets, from pressure on public health systems to revenue losses from canceled events. Lawmakers in states such...
The government will have to forget about interest rates and bond buying for a moment. The proverbial helicopter money drop is going to have to come into play.
Consumer worries about the coronavirus epidemic are weighing heavily on their views of their financial prospects.
The International Monetary Fund is encouraging central banks and governments to take steps soon that could offset the impact of the coronavirus pandemic. The IMF has a $1 trillion fund to assist...
The chance of two consecutive quarters of negative gross domestic product worldwide has spiked due to the effects of the spread of COVID-19.