Consumers drive economy while businesses cut back
State health officials say nearly all New Yorkers won't see health care premium increases through the New Yorkers have until Dec. 15 to enroll for coverage effective Jan. 1, and until Jan. 31 for... To view the full story, click the title link......»»
Economic Preview: Jobs are coming back as the U.S. economy speeds up and the coronavirus wanes
Consumers flush with stimulus money are spending like mad and businesses are rushing to keep up by pumping out more goods and services. So don't be shocked if the U.S. adds millions of new jobs in the next several months......»»
Economy slows, Fed hits brakes, and uncertainty clouds Washington’s next steps
Trump promised at least 3 percent growth a year, an annual pace he has yet to achieve. Consumers are still spending, but businesses have pulled back sharply as the trade war and global tensions escalate......»»
Big banks say U.S. consumers sturdy
Quarterly results from four of the largest U.S. banks Tuesday showed that American consumers are helping to prop up the economy, even as recession fears have led businesses to pull back on spending and borrowing. Fred Katayama reports......»»
Big banks say U.S. consumers sturdy as businesses quiver with growth fears
Quarterly results from four of the largest U.S. banks on Tuesday showed that American consumers are helping to prop up the economy, even as recession fears have led businesses to pull back on spending and borrowing......»»
Consumers on Firm Footing, Businesses Wary as 2019 Nears
The U.S. economy struck mixed chords as it rounded out the year, with consumer confidence high and households spending robustly but manufacturers pulling back as the global economy cools......»»
Market Extra: Inflation is climbing, but it isn’t blasting past its 30-year range — yet
Prices consumers are paying for goods and services are climbing to post-recession highs, causing households and Wall Street anxiety just as the economy roars back with the lifting of pandemic restrictions. Here's when markets might really worry......»»
Biden’s economy shows strength, but recovery is far from complete
The American Rescue Plan stimulus package and broad economic optimism have helped businesses and consumers, but many Americans are still jobless......»»
Millions of jobs probably aren’t coming back, even after the pandemic ends
Many workers will not be able to do the same jobs they did before the pandemic. The economy is changing significantly. Businesses are planning for a future of less business travel, more automation and more people working from home......»»
Caroline Baum: The economy can’t really come back until consumers feel safe
Short of a vaccine, Americans won’t be eager to board an airplane, sit in a crowded theatre or pack into a sports stadium......»»
To help the US economy bounce back from the pandemic, we need to make sure businesses aren"t buried by red tape
Britta Pedersen/picture alliance via Getty Images To help US businesses bounce back from the COVID-19 crisis, the Senate should include a rollback of some regulations in the next "rescue" package. We need to make it easier for businesses to reopen as q.....»»
The Margin: West Virginia’s governor claims he’s never dropped an F-bomb before — this hilarious clip suggests otherwise
During a news conference West Virginia’s plan to reopen its economy, Gov. Jim Justice seemed to say that businesses will be able to get back to work “only if they f*****g follow the guidelines†to keep the state safe......»»
‘It’s something we’re going to have to get used to.’ How businesses reopening in Georgia could give a preview of what’s waiting for consumers across the country
Georgia is among the first states trying to reopen its economy......»»
Comcast faces cord-cutting risks as new TV content dries up
Cost-conscious consumers looking to cut back on their household expenses as the COVID-19 outbreak rocks the U.S. economy may take aim at pay-TV plans, warns Oppenheimer’s Timothy Horan, putting Comcast Corp. at risk......»»
The Ratings Game: Comcast faces big cord-cutting risk as COVID-19 limits new TV content, analyst cautions
Cost-conscious consumers looking to cut back on their household expenses as the COVID-19 outbreak rocks the U.S. economy may take aim at pay-TV plans, warns Oppenheimer’s Timothy Horan, putting Comcast Corp. at risk......»»
Polis shares initial plan to loosen coronavirus restrictions for businesses
With the state's coronavirus cases appearing to plateau, Colorado's governor is plotting out how to steer the economy back into working order......»»
For some China businesses, there"s no going back to normal
As the second quarter begins in China, it's an altered landscape in the coronavirus-stricken economy with businesses that remain shut — some for good......»»
For some Chinese businesses, there"s no going back to life
As the second quarter begins in China, it's an altered landscape in the coronavirus-stricken economy with businesses that remain shut — some for good......»»
China"s auto industry wastes no time coaxing drivers back to showrooms after lockdown
China's auto industry has gone from zero to sixty in its post-pandemic campaign drive, with manufacturers and dealers quick to woo back lockdown-weary consumers through campaigns as unusual as a makeup-promoting personality touting car leasing......»»
Big banks reassure staff about potential job cuts
Big banks are postponing decisions about staff cuts as the coronavirus hits their businesses hard, with executives saying they are unsure how long the outbreak will hurt the economy and worried about being unprepared if business suddenly snaps back......»»
The Trump administration is seeking a $1 trillion stimulus package as the coronavirus begins to shut down the US economy
AP Photo/Evan Vucci The Trump administration is seeking a $1 trillion stimulus package to prop up the US economy. The coronavirus pandemic increasingly shutters businesses and keeps consumers at home. The proposal has developed .....»»