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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........»»

Category: blogSource: 247wallstApr 29th, 2020

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......»»

Category: topSource: marketwatchApr 28th, 2020

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......»»

Category: topSource: marketwatchApr 25th, 2020

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......»»

Category: topSource: moneycentralApr 23rd, 2020

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.....»»

Category: topSource: bizjournalsApr 22nd, 2020

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........»»

Category: blogSource: 247wallstApr 22nd, 2020

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.....»»

Category: forexSource: coindeskApr 21st, 2020

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 .....»»

Category: topSource: bizjournalsApr 21st, 2020

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.....»»

Category: blogSource: valuewalkApr 20th, 2020

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......»»

Category: topSource: marketwatchApr 18th, 2020

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......»»

Category: topSource: reutersApr 17th, 2020

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......»»

Category: topSource: reutersApr 17th, 2020

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......»»

Category: topSource: moneycentralApr 17th, 2020

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.....»»

Category: videoSource: reutersApr 17th, 2020

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......»»

Category: topSource: marketwatchApr 17th, 2020

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"......»»

Category: topSource: reutersApr 17th, 2020

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......»»

Category: topSource: reutersApr 17th, 2020

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........»»

Category: blogSource: 247wallstApr 16th, 2020

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......»»

Category: topSource: marketwatchApr 16th, 2020

Weekly jobless claims highlight blow from coronavirus

USA-ECONOMY/ (WRAPUP 3, PIX):WRAPUP 3-U.S. weekly jobless claims highlight economic carnage from coronavirus.....»»

Category: topSource: moneycentralApr 16th, 2020