The UK economy is on the brink of a double-dip recession after it shrank 2.6% in November amid surging COVID-19 cases
The UK economy shrank 2.6% in November, bringing to an end 6 months of growth amid ri.....»»
The eurozone fell into a double-dip recession in the first quarter as it grappled with COVID-19 and a botched vaccine rollout
GDP shrank for the second quarter running, but economists say the worst should be behind the 19-member bloc. Mannequins wrapped in .....»»
: Locked-down Europe slides downhill to double-dip recession
The end of COVID-19 restrictions seems further away than ever, worsening the economy’s slump......»»
Bond Report: U.S. government bond yields stand pat as Dow slumps on Monday
U.S. Treasury yields hold steady, but edge slightly lower, on Monday as investors watch the market’s reaction to a global oil agreement and weigh the outlook for the economy amid the economic recession caused by the COVID-19 pandemic......»»
Japan on brink of recession as economy contracts, virus heightens risk
Japan's economy shrank at the fastest pace in almost six years in the December quarter as a sales tax hike hit consumer and business spending, raising the risk of a recession as China's coronavirus outbreak chills global activity......»»
U.S. jobless rate falls to 50-year low
U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of 3.5%, which could assuage financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions......»»
Instant View: U.S. September payrolls lower than expected, jobless rate drops
U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of 3.5%, which could assuage financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions......»»
Oil rises on fall in U.S. unemployment rate
Oil prices rose on Friday, although remained on track for a second consecutive weekly loss, as an increase in U.S. jobs eased financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions......»»
U.S. unemployment rate falls to 3.5%; job growth steady
U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of 3.5%, assuaging financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions......»»
Moderate U.S. job growth expected in September
U.S. job growth likely picked up in September, with wages increasing solidly, which could assuage financial market concerns that the slowing economy was teetering on the brink of a recession amid lingering trade tensions......»»
Germany On Brink Of Recession As Economy Shrinks In Q2
In the latest sign that the economic powerhouse of Europe is teetering on the edge of recession thanks to the trade war between the US and China, Germany's export-heavy economy shrank by 0.1% in the three m.....»»
Italy Is Heading for Recession in 2019. Here’s Why
Europe’s third-largest economy is on the brink of its third recession since the global financial crisis a decade ago Italy's manufacturing sector shrank for .....»»
Report: Kentucky lags nation in job seekers amid economic recovery
A report from the Kentucky Chamber of Commerce offers a glimpse into issues plaguing Kentucky's economy as it recovers from the impact of the Covid-19 pandemic......»»
Highlights of the day: Taiwan supply chain braces for COVID surge
The semiconductor and IT value chains in Taiwan have raised their alerts to the surging COVID cases locally, adopting work-from-home and other precautionary measures, though so far no major infections have been reported among the.....»»
Japan’s economy slumps back into decline as COVID-19 hits spending
Japan’s economy shrank more than expected in the first quarter as a slow vaccine rollout and new COVID-19 infections hit spending on items such as dining out and clothes, raising concerns the country will lag others emerging from the pandemic......»»
World"s Most Vaccinated Nation Sees Active COVID Cases Double In Under A Week
World's Most Vaccinated Nation Sees Active COVID Cases Do.....»»
Companies offering hiring incentives to lure workers amid COVID-19 state reopenings
A growing number of companies across the country are offering incentives to lure new employees as the US economy continues its recovery from the coronavirus pandemic......»»
Thailand, Laos Report Surging COVID Cases As India"s Outbreaks Spreads Across Asia
Thailand, Laos Report Surging COVID Ca.....»»
‘We are seeing all the engines of the economy rev up’: The pandemic recovery is gaining speed
Powered by consumers and fueled by government aid, the U.S. economy is achieving a remarkably fast recovery from the COVID-19 recession that cost ten.....»»
Federal Reserve keeps key interest rate near zero, signals COVID-19 economic risks receding
The U.S. economy has been posting unexpectedly strong gains in recent weeks, with barometers of hiring, spending and manufacturing all surging. Most economists say they detect the early stages of what could be a robust and susta.....»»
Coronavirus Update: India’s COVID surge is ‘beyond heartbreaking,’ says WHO head, as first relief supplies arrive
The number of confirmed cases of the coronavirus-borne illness COVID-19 edged closer to 148 million on Tuesday, as India's surge continued to overwhelm its healthcare system amid a global effort to send much-needed relief to the nation of 1.4 billion......»»