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Economic Preview: The economy is ailing again and layoffs are rising, but vaccines offer hope for cure

It's not just the lives of Americans that rest on quick rollout of coronavirus vaccines, it's the livelihoods of millions of people who lost their jobs during the pandemic. Can they every go back?.....»»

Category: topSource: marketwatchJan 16th, 2021

Bond Report: U.S. Treasury yields slip after weak data underlines consumer weakness

U.S. Treasury yields fall Friday as data from December points to continuing economic pain in the U.S. economy, following renewed lockdown measures by some states to fight an intensifying COVID-19 pandemic......»»

Category: topSource: marketwatchJan 15th, 2021

Richmond Fed CEO: Economic uncertainty will continue well into 2021. But these bright spots stick out.

Even with the rollout of vaccines, the Covid-19 crisis will continue to cause uncertainty well into 2021 – at the least. But there are multiple bright spots in the economy......»»

Category: topSource: bizjournalsJan 9th, 2021

Inslee announces new statewide Covid recovery plan

Gov. Jay Inslee on Tuesday announced a new pandemic economic recovery plan that will eventually reopen restaurants at limited capacity and relax other tight restrictions that have clamped down large portions of the economy during Covid-19’s .....»»

Category: topSource: bizjournalsJan 5th, 2021

Economic Preview: U.S. economy may have lost jobs in December for first time since earliest stages of coronavirus pandemic

The U.S. economy stumbled toward the finish line as 2020 ended, with the recovery from the coronavirus pandemic slowing, putting it in danger of losing jobs for the first time since the pandemic erupted last spring......»»

Category: topSource: marketwatchJan 1st, 2021

Economic Preview: U.S. economy could lose jobs in December for first time since the start of pandemic

The U.S. economy stumbled toward the finish line as 2020 ended, with the recovery from the coronavirus pandemic slowing, putting it in danger of losing jobs for the first time since the pandemic erupted last spring......»»

Category: topSource: marketwatchJan 1st, 2021

Covid impact: These are the Cincinnati restaurants that closed in 2020

This year has been tough as the coronavirus pandemic ravaged much of the world economy, but it's been especially hard for the restaurant industry, which continues to face the brunt of economic restrictions put in place to slow the virus' spread......»»

Category: topSource: bizjournalsDec 30th, 2020

Cities on the Verge of a COVID-Driven Housing Crisis

As the continued spread of COVID-19 puts much of the U.S. economy at a standstill, many are wondering how the economic slowdown will affect the real estate market. While construction is considered an........»»

Category: blogSource: 247wallstMay 15th, 2020

Leaders stress urgent need for plan to reopen Hawaii"s economy

A unified plan for the state and county governments, as well as the public-private partnership under the House Select Committee on Covid Economic Impact & Preparedness, was to have been released by the end of last week......»»

Category: topSource: bizjournalsMay 12th, 2020

Economic Report: Consumer prices post biggest decline since 2008 as coronavirus puts clamps on inflation

One thing anxious Americans don’t have to worry about, with the COVID-19 pandemic shutting down large slices of the economy, is inflation. Consumer prices sank 0.8% in April to mark the biggest decline since the 2008 Great Recession......»»

Category: topSource: marketwatchMay 12th, 2020

"We"re all in this together" — Georgia businesses find silver linings amid Covid-19"s dark economic outlook

Despite an economy ravaged by the Covid-19 pandemic, some local businesses are finding ways to pivot and fill niche areas where there is demand......»»

Category: topSource: bizjournalsMay 12th, 2020

Economic Preview: April is likely to be the cruelest month for retailers as sales slump and prices tumble

Spring has sprung but April may turn out be the cruelest month for retailers in a epoch of COVID-19......»»

Category: topSource: marketwatchMay 11th, 2020

As Austin extends stay-at-home order, business leaders recommend steps for reopening economy

A Greater Austin Chamber of Commerce task force has released its recommendations for reopening the local economy during the Covid-19 pandemic, on the same day more economic restrictions lifted statewide and local officials extend stay-home orders. Among.....»»

Category: topSource: bizjournalsMay 8th, 2020

StanChart chairman predicts economic recovery led by Asia in late 2020

Standard Chartered Chairman Jose Vinals said on Wednesday his Asia-focused bank was well placed to benefit from a late 2020 economic rally, despite the "extraordinary" impact of the COVID-19 pandemic on the global economy......»»

Category: topSource: reutersMay 6th, 2020

Market Extra: Treasury yields inch higher as investors look beyond economic wreckage to assess reopening progress

Treasury yields rose on Tuesday as stocks gained ground on hopes that the U.S. economy had handled the worst of the COVID-19 crisis as states and counties start to reopen businesses......»»

Category: topSource: marketwatchMay 5th, 2020

Market Extra: Treasury yields rise as investors look beyond economic wreckage to assess reopening progress

Treasury yields rose on Tuesday as stocks gained ground on hopes that the U.S. economy had handled the worst of the COVID-19 crisis as states and counties start to reopen businesses......»»

Category: topSource: marketwatchMay 5th, 2020

Freightonomics: The Worst Has Yet To Come For Carrier Financials And GDP

Zach and Anthony review some of the latest company earnings and a major economic releases which have yet to reveal the full story of the COVID-19 impact on the freight economy......»»

Category: blogSource: benzingaMay 1st, 2020

Lagarde Warns Eurozone Faces "Unprecedented" 12% Economic Contraction Thanks To COVID-19: Live Updates

Lagarde Warns Eurozone Faces "Unprecedented" 12% Economic Contraction Thanks To COVID-19: Live Updates Summary: LA becomes first US city to offer county-wide testing Lagarde warns eurozone economy could shrink up to 12% in 2020 Russia p.....»»

Category: blogSource: zerohedgeApr 30th, 2020

The Fed: Fed has simple goal Wednesday— project confidence in face of the unknown

Federal Reserve, having done an enormous amount to soften the blow of the Covid-19 pandemic, will try to bolster confidence that the economy can weather the storm......»»

Category: topSource: marketwatchApr 29th, 2020

Five Things for Wednesday, including economic contraction and a potential Covid cure

Good morning. Here are the latest Five Things for Wednesday. The economy contracted by 4.8 percent in the first quarter of 2020, shrinking by rate not seen since 2008. And the bad news is that only captures part of the downturn kicked off by the.....»»

Category: topSource: bizjournalsApr 29th, 2020