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The government is asking millennials to do their part during the coronavirus pandemic, here"s what millennials should demand in return

Pablo Monsalve /Getty Images For millennials, adulthood has now been defined by careening from one economic crisis to another. Unl.....»»

Category: topSource: businessinsiderMar 22nd, 2020

U.K. government to pay up to 80% of wages in ‘economic fight-back’ against coronavirus as pubs are forced to close

The government has stepped in to help pay U.K. workers’ lost wages in an unprecedented move amid the deepening coronavirus crisis......»»

Category: topSource: marketwatchMar 20th, 2020

NewsWatch: Stocks rise in choppy trade as governments, central banks try to calm investor nerves

U.S. stocks turned higher midday Thursday in seesaw price action as investors digested the latest economic data showing the impact of the coronavirus pandemic as well as moves by government and central banks to alleviate the crisis......»»

Category: topSource: marketwatchMar 19th, 2020

Market Snapshot: Stocks rise in choppy trade as governments, central banks try to calm investor nerves

U.S. stocks turned higher midday Thursday in seesaw price action as investors digested the latest economic data showing the impact of the coronavirus pandemic as well as moves by government and central banks to alleviate the crisis......»»

Category: topSource: marketwatchMar 19th, 2020

Market Snapshot: Stocks open mostly lower as government, central bank efforts fail to calm investor nerves

U.S. stocks opened mostly lower Thursday in seesaw price action as investors digested the latest economic data showing the impact of the coronavirus pandemic as well as moves by government and central banks to alleviate the crisis......»»

Category: topSource: marketwatchMar 19th, 2020

World stocks rise on spending hopes, still set for worst week since 2008

World stocks bounced off their lows on Friday on hopes of more central bank stimulus and government spending, but were still set for their worst week since the 2008 financial crisis, with coronavirus panic-selling hitting nearly every asset class......»»

Category: topSource: reutersMar 13th, 2020

IMF begins visit as Lebanon grapples with financial crisis

A team from the International Monetary Fund (IMF) met Lebanese government officials on Thursday at the start of a visit to advise on how to tackle the country's crippling financial and economic crisis......»»

Category: topSource: reutersFeb 20th, 2020

Economic Report: U.S. consumer spending posts modest gain in December as inflation accelerates

U.S consumer spendin.....»»

Category: topSource: marketwatchJan 31st, 2020

U.S. economy grows steadily in third quarter; consumer spending solid in November

U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor market......»»

Category: topSource: reutersDec 20th, 2019

U.S. third-quarter growth unrevised; consumer spending strong

U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor market......»»

Category: topSource: reutersDec 20th, 2019

Economic Report: Consumers lift spending in September and take advantage of rising incomes and falling rates

Americans increased spending in September for the seventh month in a row but did so at a more moderate pace, taking advantage of falling interest rates, rising incomes and low inflation......»»

Category: topSource: marketwatchOct 31st, 2019

WhatsApp protests erupt in Lebanon as economic crisis deepens

Thousands of protesters cut off roads and burned debris around Lebanon Thursday night, as anger over plans to impose a levy on WhatsApp calls escalated into demands for the government to resign......»»

Category: topSource: moneycentralOct 18th, 2019

More big donors push Charlotte"s public-private campaign for affordable housing past $250M

In less than 18 months, a coalition of nonprofits, local government and businesses has pulled in $250 million worth of grants, land donations and low-cost financing to help solve Charlotte’s affordable housing crisis. The leader of the campaign, Foun.....»»

Category: topSource: bizjournalsSep 5th, 2019

Economic Report: U.S. consumer spending surges in July — but inflation is still quite tame

Americans boosted spending in July on recreational goods and vehicles as well as energy to run their air conditioners, but inflation remained low enough to give the Federal Reserve room to cut interest rates next month......»»

Category: topSource: marketwatchAug 30th, 2019

U.S. economy slowing, but consumers limiting downside

U.S. economic growth slowed in the second quarter, the government confirmed on Thursday, but the strongest consumer spending in 4-1/2 years amid a solid labor market threw cold water on financial market expectations of a recession......»»

Category: topSource: reutersAug 29th, 2019

A Rainy-Day Giveaway From India’s Central Bank

RBI Governor Shaktikanta Das’s $24 billion windfall buys the government time to stave off a full-blown economic crisis......»»

Category: topSource: washpostAug 27th, 2019

Economic Report: Eurozone inflation slows to weakest in more than two years

Inflation in the eurozone was the weakest in more than two years in July, according to data released Monday, underscoring the difficulties the European Central Bank has in trying to stimulate the economy as member states keep a tight lid on spending......»»

Category: topSource: marketwatchAug 19th, 2019

Argentina Treasury minister resigns, says "significant renewal" needed amid economic crisis

Argentina´s Treasury Minister Nicolas Dujovne has resigned, saying in a letter seen by Reuters on Saturday he believed the government needed “significant renewal” in its economic team amid a crisis which saw the peso plunge this week......»»

Category: topSource: reutersAug 17th, 2019

The Tell: Negative Treasury yields in the U.S. could become a reality, Pimco analyst says

Some $14 trillion in government bonds offer negative yields and the U.S. could soon be a part of that legion, according to Joachim Fels, a global economic adviser for Pimco......»»

Category: topSource: marketwatchAug 7th, 2019

The Tell: U.S. government bonds going negative are a real possibility, Pimco analyst says

Some $14 trillion in government bonds offer negative yields and the U.S. could soon be a part of that legion, according to Joachim Fels, a global economic adviser for Pimco......»»

Category: topSource: marketwatchAug 7th, 2019