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What the new $2.2 trillion stimulus bill means for unemployment benefits
Andrew Kelly/Reuters The Senate passed a $2.2 trillion stimulus bill Wednesday evening to bolster the US economy during the coronavirus pandemic. The bill now needs to pass in the House of Represen.....»»
Trump has made it clear he wants to reopen the economy to boost his reelection chances, even if it means more Americans will die
REUTERS/Jonathan Ernst As the country strug.....»»
Unemployment surge: Goldman estimates unprecedented layoffs
The coronavirus has halted much of the U.S. economy, and that means a surge in unemployment. The numbers we’re starting to see from analysts and... The post Unemployment surge: Goldman estimates unpreced.....»»
Oil gains as governments pile on the economic stimulus
Oil prices rose on Friday as the world's richest nations poured unprecedented aid into the global economy to stop a coronavirus-driven recession and U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia......»»
A cruel paradox: Beating virus means causing US recession
No one knows how long it will last or how much it will hurt. But the U.S. economy is either sliding into a recession for the first time since 2009 or is already in one......»»
A cruel paradox: Beating virus means causing US recession
No one knows how long it will last or how much it will hurt. But the U.S. economy is either sliding into a recession for the first time since 2009 or is already in one......»»
Crude nears end of worst week in a decade, hit by coronavirus and price war eruption
Oil prices were on track for their worst week since the 2008 global financial crisis after the coronavirus outbreak rocked the world economy while top exporter Saudi Arabia and its allies stepped up plans to flood the market with record levels of supply......»»
Here"s what coronavirus means for Nashville"s economy
Tennessee's first confirmed coronavirus case made the outbreak all that more real for Nashville. With the Williamson County diagnosis, locals are forced to feel the same worries and concerns other small business owners and hospitality employees feel.....»»
Can Russia use Saudi price war to strike a fatal blow on US shale?
Armed with a $570bn foreign reserves war chest, a floating exchange rate and an economy tha.....»»
Guest column: What the coronavirus means for Nashville"s economy
Tennessee’s first confirmed coronavirus cases have made the outbreak all that more real for Nashville. With the local cases, locals may feel the same worries and concerns other small-business owners and hospitality employees feel around the world......»»
Mexico says seeking to mediate in Russia vs Saudi Arabia oil spat
Mexico is seeking to mediate the oil dispute between Russia and Saudi Arabia, its finance minister said on Tuesday, saying the conflict that has battered global oil prices has affected Latin America's second-largest economy......»»
Mexico seeks to mediate Russia, Saudi Arabia oil spat, minister says
Mexico is seeking to mediate in the oil row between Russia and Saudi Arabia, the finance minister said on Tuesday, saying the conflict that has battered global oil prices had affected Latin America's second largest economy......»»
The Oil Price War Is On; What That Means For Buyers Of Diesel
Oil markets are plummeting as the business week opens, and it's instructive to look at past Saudi-led price wars to see where prices may be heading. read more.....»»
Coronavirus Has Now Spread To Healthy Corporations, Set To Affect The Global Economy
It's official: the Coronavirus has hit global supply chains. This means that the risk it is posing to companies is even more profound than initially expected. It is certain at this point that on a global level, supply chains will.....»»
"An economic pandemic": The coronavirus is becoming a bigger threat to the U.S., economists say
The coronavirus's spread likely means the outbreak will have a bigger impact than expected on the US economy. Tourism, trade and m.....»»
Project Syndicate: Is a strong economy enough to re-elect Donald Trump?
The odds of an economic downturn in the this year remain low, which means that President Donald Trump’s prospects for re-election in November are strong. But he remains his own worst enemy, writes Michael Boskin......»»
Capitol Report: The U.S. created 514,000 fewer jobs in 2018-19 than originally reported — here’s what that means
The U.S. economy created about a half-million fewer jobs in 2019 and 2018 than it first appeared, but it doesn’t mean the labor market isn’t strong. It is......»»
Coronavirus means Hong Kong"s recession could deepen
Hong Kong's economy contracted 0.4 percent in the fourth quarter.....»»
Countdown to recession: What an inverted yield curve means
NEW YORK - A dramatic rally in Treasuries this week led some key parts of the U.S. yield curve to reinvert, a signal that has traditionally been bearish for the U.S. economy......»»
I flew both business class and economy on Saudi Arabia"s state-owned airline Saudia. Here"s what it was like.
Bill Bostock/Business Insider Earlier this month I got to fly business class from London to Riyadh on Saudi Arabia's government.....»»