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: China posts record growth on-year in Q1 but recovery seen as slowing
The Chinese economy grew by a record 18.3% in the first quarter of the year compared with the same period of 2020, when it had shrunk for the first time in decades due to the COVID-19 pandemic......»»
Frost Bank CEO Phil Green takes 20% pay cut
The chairman and CEO of Frost Bank took a 20% cut to his 2020 compensation along with other top executives in response to the challenging economic environment in part due to the Covid-19 pandemic......»»
Dispatches from a Pandemic: COVID-19 upends classrooms and fewer people study to become teachers, but the Class of 2020 can’t wait to start
Enrollment in teacher preparation programs was already plummeting before the pandemic......»»
: Chinese exports shot to a record high in 2020 as the world economy sank
Economists expect China’s exports growth to slow in the coming months if western economies manage to control the COVID-19 pandemic's second wave and resume normal activity......»»
: Europe hopes next COVID stimulus will be the last
The attention of governments is turning to the new fiscal effort needed to support the economy until vaccination campaigns succeed in controlling the pandemic......»»
Dow, S&P 500 close out historic 2020 at records; Nasdaq Composite clinches best annual return in 11 years
Equity benchmarks finished higher Thursday, the last trading session in 2020 to end the year on a strong note after plunging into a bear market in February and March as the COVID-19 pandemic threw the global economy into .....»»
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......»»
Global stocks rise after Mnuchin says $600 stimulus checks will begin arriving this week
The $600 stimulus checks are considered meager, but could provide a boost to the US economy, which has been slammed by the COVID-19 pandemic. Mario Tama/Getty Images Global stocks rose on Wednesday.....»»
Stimulus update: Federal pandemic relief set to expire, but there’s still COVID-19 aid available in Illinois. Here’s how to get help.
As Congress negotiates a fresh round of coronavirus relief, the clock is ticking on several forms of federal aid, but there is still C.....»»
Dispatches from a Pandemic: Phase 2 of the lockdown lift, and Romans are back in the streets, queuing outside their favorite bar for a long-awaited espresso
There are more people in the streets, but still not enough to boost the economy after COVID-19. According to bar owners, only 10% of their clientele is back......»»
Dispatches from a Pandemic: Phase 2 of the lockdown and the Romans are back in the streets, queuing outside their favorite bar for a long-awaited espresso
There are more people in the streets, but still not enough to boost the economy after COVID-19. According to bar owners, only 10% of their clientele is back......»»
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......»»
Experts: Economy will be stuck in neutral till schools open
This week, U.S. politicians began pushing to reopen schools as a crucial next phase in getting the economy back to work amid the Covid-19 pandemic......»»
Your airline and hotel elite status could be valid through 2021, as loyalty programs adjust in light of the coronavirus
Kate Taylor/Business Insider In response to the coronavirus pandemic and the current pause on travel, most major airlines and hotel programs are extending elite status that would usually expire at the end of 2020. Most t.....»»
Major travel brands like Delta and Hilton are extending elite status through 2021 or beyond while travel is paused due to the coronavirus
Kate Taylor/Business Insider In response to the coronavirus pandemic and the current pause on travel, most major airlines and hotel programs are extending elite status that would usually expire at the end of 2020. Mo.....»»
Experience Columbus lays off staff, cuts programs as Covid-19 ravages tourism industry
Columbus' tourism organization, Experience Columbus, has had to lay off staff and cut programs as tourism revenue falls due to the coronavirus pandemic. The organization is expecting revenues will drop by $6.4 million in 2020, or about 40% of its $1.....»»
Local bank offers glimpse into COVID-19"s economic impact
“We are a long way from fully understanding the impact of the pandemic on our economy and have very little information regarding fiscal stimulus.".....»»
Poll: Investors Confident In U.S. Economy, But See Recession Ahead
Detroit, MI, Mar. 27, 2020 -- Benzinga, a leading news and data platform, formally announced the results of its investor sentiment survey, as part of an effort to gauge the impact of the 2020 market crash and COVID-19 coronavirus pandemic. read more.....»»
Market Snapshot: Dow trades in bear-market territory after WHO declares coronavirus a pandemic
Stocks extend losses after the World Health Organization designates the global COVID-19 outbreak a pandemic, building on declines attributed in part to disappointment over prospects for a quick round of fiscal stimulus to cushion the U.S. economy......»»
Market Snapshot: Dow tumbles 1,200 points as stocks extend slide after WHO declares coronavirus a pandemic
Stocks extend losses after the World Health Organization designates the global COVID-19 outbreak a pandemic, building on declines attributed partly to disappoint over prospects for a quick round of fiscal stimulus to cushion the U.S. economy......»»