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Italy Credit Rating Slashed Toward Junk
Italy, suffering from one of the highest COVID-19 death rates in the world, crushing sovereign debt, and a collapsing economy, took another blow as rating agency Fitch cut its credit rating to just........»»
The Fed: Fed has simple goal this week — 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......»»
Economic Preview: Sinking U.S. economy hasn’t hit bottom yet
The coronavirus capsized what had been the longest expansion in U.S. history. Now the wait is on to see how far the economy sinks before it finds bottom......»»
Every State’s Unemployment Claims Since COVID-19 Shut the Economy Down
The continuing economic slowdown in the United States has resulted in another weekly surge of jobless claims, with more than 4 million Americans filing for unemployment last week......»»
Gov. names council of biz leaders to plan re-opening of NM"s economy
To begin the process of lifting restrictions in place to stem the spread of Covid-19 infections that also put the economy in a stranglehold, Gov. Michelle Lujan Grisham on Wednesday announced the formation of an economic recovery council. The counci.....»»
21 American Businesses Temporarily Laying off the Most People
As the U.S. grapples with the coronavirus pandemic, economic projections continue to spell an increasingly dire impact on the nation’s economy. As of Wednesday April 22, about 830,000 COVID-19........»»
From Proof of Health to UBI: How Everything Changes Post COVID-19, Feat. Joe McCann
From domestic manufacturing to economic nationalization by proxy to proof of health on a blockchain, a preview of the decade to come.....»»
Op-ed: Minority businesses hit hardest by COVID-19
In both Massachusetts and nationally, minority-owned small businesses make up the backbone of our economy, and our ability to help them pull through the COVID-19 crisis will predict our overall economic recovery. These include many Latino, Black and .....»»
COVID-19 crisis and the existential threat to the economy
Summary The most pessimistic analysts fear that the COVID-19 crisis will bring about an economic dislocation comparable to the 1930s, or at least 2008. The... The post COVID-19 crisis and the exist.....»»
Economic Preview: All signs point to deepening recession even as U.S. eyes how to reopen for business
The hits to the U.S. economy keep coming. This week’s upcoming reports on layoffs, housing, consumer confidence and the health of businesses are all going to be ugly. Again......»»
Stocks rally as investors take heart on U.S. economic reopening plan
Global stocks rallied on Friday on President Donald Trump's plans to revive the coronavirus-hit U.S. economy and a report about a clinical trial for a potential drug to treat COVID-19, while the dollar fell amid investors' growing risk-on sentiment......»»
Global stocks rally as investors take heart on U.S. economic reopening plan
Global stocks rallied on Friday on President Donald Trump's plans to revive the coronavirus-hit U.S. economy and hopes of a potential drug to treat COVID-19, while the dollar fell amid investors' growing risk-on sentiment......»»
Trump outlines a three-phase plan to reopen the economy
The White House on April 16 gave governors optional guidelines for gradually lifting economic restrictions put in place to slow the spread of covid-19......»»
Developing countries unlock key industries to safeguard earnings and jobs
From Africa to Asia and Latin America, emerging countries disproportionately bruised by the COVID-19 pandemic are allowing some key industries to start back up in a bid to soften the economic blow. Ciara Lee reports.....»»
Economic Report: U.S. leading economic indicators post record 6.7% plunge in March as COVID-19 pandemic broke out
The collapse of the U.S. economy because of COVID-19 is becoming more evident by the day, the latest sign a record 6.7% decline in the leading economic indicators in March......»»
BoE"s Bailey orders banks to "put their backs into it" on COVID-19 loans
Bank of England Governor Andrew Bailey told Britain's banks to speed up lending to companies as the coronavirus crisis threatens to deliver a historic blow to the economy, urging them to "put their back into it and get on with it"......»»
Developing countries unlock key industries to safeguard earnings and jobs
From Africa to Asia and Latin America, emerging countries disproportionately bruised by the COVID-19 pandemic are allowing some key industries to start back up in a bid to soften the economic blow......»»
Stock Futures Surge as Gilead’s Remdesivir Could Be COVID-19 Top Treatment Candidate
While the COVID-19 pandemic wrecked the stock market and the economy, the recent rally in the stock market has been at a time when the economic news is only getting worse and as coronavirus news........»»
Metals Stocks: Gold futures climb as jump in U.S. jobless claims feeds economic worries
Gold futures higher Thursday, as a surge in weekly U.S. jobless claims underlined rapid deterioration in the U.S. economy from the COVID-19 pandemic......»»
Weekly jobless claims highlight blow from coronavirus
USA-ECONOMY/ (WRAPUP 3, PIX):WRAPUP 3-U.S. weekly jobless claims highlight economic carnage from coronavirus.....»»