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A healthy US economy’s secret ingredient: Immigrant workers, eager to fill jobs

Millions of jobs that new immigrants have been filling in the United States appear to solve a riddle that has confounded economists for at least a year: How has the U.S. economy managed to prosper? MIAMI — Having fled economic and political c.....»»

Category: topSource: chicagotribuneApr 12th, 2024

Hope grows for an L.A. summer economic boom as COVID-19 fades, tourists return, businesses recover

L.A. hoping to supercharge economy by summer. But will tourists and office workers really return?L.A. hoping to supercharge economy by summer. But will tourists and office workers really return?.....»»

Category: topSource: latimesMay 5th, 2021

UK Plans To Launch "Vaccine Passports" Next Month

UK Plans To Launch "Vaccine Passports" Next Month The tourism industries of Spain, Greece an.....»»

Category: smallbizSource: nytApr 22nd, 2021

Data dive: How"s the economic recovery going in Memphis? And who"s hiring?

The Memphis MSA is closer to its pre-pandemic employment level than all but seven of the nation's 53 largest MSAs, according The Brookings Institution. Here's the good news and complicating factors as the workforce looks to recover from the COVID economy......»»

Category: topSource: bizjournalsApr 12th, 2021

Commodities Corner: Why gold’s biggest quarterly drop in 4 years doesn’t mark the end of its bull cycle

After suffering its biggest quarterly loss since 2016, gold stands as one of the few commodities trading lower this year, but prices still have room to run higher even if the global economy continues to recover and the pandemic moves closer to an end......»»

Category: topSource: marketwatchApr 9th, 2021

The US economy is set to fully recover to pre-COVID levels this quarter - a feat that took more than 3 years after the last financial crisis

It took more than three years for the US economy to recover its pre-crisis size after the 2008 crash, Commerzbank e.....»»

Category: topSource: businessinsiderApr 8th, 2021

Market Snapshot: Dow retreats from record as rising bond-yields keep investors on edge

U.S. stocks finished slightly lower Thursday as investors contended with higher bond yields and the threat of inflation given expectations for the the economy to recover quickly later this year......»»

Category: topSource: marketwatchMar 30th, 2021

Market Snapshot: Dow trades higher after worst day in 3 weeks as oil prices recover

U.S. stocks are mostly higher Wednesday afternoon as investor cheered a sharp rebound in oil prices, slightly lower Treasury yields and a brighter outlook for the economy......»»

Category: topSource: marketwatchMar 24th, 2021

Metals Stocks: Gold in ‘danger zone,’ struggles to retain perch at $1,800 as stocks rebound

Gold contracts on Wednesday trade slightly lower after Federal Reserve Chairman Jerome Powell tried to placate markets that had grown skittish about a rapid rise in bond yields as the economy attempts to recover from the COVID-19 pandemic......»»

Category: topSource: marketwatchFeb 24th, 2021

Sign of inequality: US salaries recover even as jobs haven’t, showing how economy ‘really tanked for the most vulnerable’

In a stark sign of the eco.....»»

Category: topSource: chicagotribuneFeb 12th, 2021

Economic Report: U.S. gains just 49,000 jobs in January with labor market still under acute stress

The U.S. regained a meager 49,000 jobs in January and the unemployment rate fell again to 6.3%, but the economy is still struggling to recover after a record coronavirus surge induced more layoffs at the end of last year......»»

Category: topSource: marketwatchFeb 5th, 2021

Economic Report: U.S. gains just 49,000 jobs in January. Labor market still under acute stress

The U.S. regained a meager 49,000 jobs in January and the unemployment rate fell again to 6.3%, but the economy is still struggling to recover after a record coronavirus surge induced more layoffs at the end of last year......»»

Category: topSource: marketwatchFeb 5th, 2021

NewsWatch: U.S. gains just 49,000 jobs in January. Labor market still under acute stress

The U.S. regained a meager 49,000 jobs in January and the unemployment rate fell again to 6.3%, but the economy is still struggling to recover after a record coronavirus surge induced more layoffs at the end of last year......»»

Category: topSource: marketwatchFeb 5th, 2021

Biden’s commerce secretary pick pledges a tough line on China but doesn’t detail how she’d deal with Huawei

Rhode Island Gov. Gina Raimondo also pledged to help the U.S. economy recover from the pandemic, to expand broadband access to regions with patchy Internet connections, and to promote manufacturing and clean-energy jobs......»»

Category: topSource: washpostJan 26th, 2021

Stocks open higher ahead of Biden inauguration; Netflix shares soar

Stocks opened higher Wednesday, ahead of the inauguration of President-elect Joe Biden at noon Eastern, as investors remained optimistic over prospects for a round of aggressive fiscal spending to help the economy recover from the .....»»

Category: topSource: marketwatchJan 20th, 2021

Bond Report: U.S. Treasury yields renew climb on fiscal spending prospects

U.S. Treasury yields rise Thursday amid anticipation that the Biden administration would press forward with significant additional fiscal spending measures to help the economy recover from the coronavirus pandemic......»»

Category: topSource: marketwatchJan 14th, 2021

12 charts show the wild ride US employment took in 2020 - and just how far we still have to go to recover

As the year comes to an end, these charts show the tumult in the US economy caus.....»»

Category: dealsSource: nytDec 19th, 2020

In One Chart: How quickly will U.S. economy recover? One economist looks at Southern restaurant bookings for an answer

Torsten Slok, the chart-happy chief economist of Deutsche Bank Securities, on Thursday took a stab at estimating when the U.S. economy would recover to pre-COVID-19 levels by looking at restaurant bookings......»»

Category: topSource: marketwatchMay 14th, 2020

Fed policymakers see slow, uneven U.S. recovery after coronavirus downturn

The U.S. economy could start to recover in the second half of the year after what is shaping up to be the worst recession in decades, but growth is likely to be slow and uneven, several top Federal Reserve policymakers indicated on Tuesday......»»

Category: topSource: reutersMay 5th, 2020

The horrendous impact of coronavirus on Europe"s economy is growing clearer as GDP shrinks 3.8%, and Germany, France, and Spain report catastrophic data

REUTERS/John Kolesidis The eurozone economy contracted by 3.8% in the first quarter of 2020, according to preliminary estimates from Eurostat. The EU as a whole lost 3.5% of GDP, the data showed. France and Spain's economies.....»»

Category: topSource: businessinsiderApr 30th, 2020