The City of Denver is speeding up its Elevate Denver bond program to help accelerate recovery from the COVID-19-induced economic downturn. “Now more than ever, people in our community need access to good-paying jobs, so we’re deploying the same job-creating tools used to bring us out of past recessions by accelerating […]
economy
HONG KONG (AP) — Hong Kong Chief Executive Carrie Lam said Monday she will fly to Beijing to ask Chinese leaders for help to pull the territory out of its economic slump. Lam said an annual speech she was due to make this week about government plans will be postponed […]
That’s 21% fewer trips and 30% less spending than last year, but the numbers show consumption is beginning to bounce back following the battering it took earlier in the year from the coronavirus pandemic. The numbers are a “positive sign” both for China and the rest of the world that […]
Americans are cutting back on spending as they plan for a recession that might not end until the coronavirus pandemic is over. Angela Lang/CNET President Donald Trump’s call for an end to stimulus negotiations on a new stimulus bill presented a wrinkle in the story of the US economic recovery from the […]
EDITOR’S NOTE: NJ Cannabis Insider is hosting an online symposium on Tuesday, Sept. 29 at 1 p.m. The webinar, What Doctors Should Know About Cannabis, will address pressing questions healthcare professionals have about medical marijuana. Here’s how to sign up. By Smoke Wallin The pandemic has plunged America and New […]
It’s a Saturday in mid-August in northern Montana, about 45 minutes outside of Helena in an area informally referred to as Magpie Gulch by locals. Dustin LeDoux is standing in an ankle-deep stream, the crystal-clear water sparkling in the sunlight as it quickly moves downstream. Aside from the wireless speaker, it […]
The UK has already lagged behind its European peers in tackling the virus in terms of a rebound in GDP. Photo: Getty Economists have warned that the UK economy has “very little momentum,” ahead of a key economic data release. How quickly the UK is recovering from the coronavirus will […]
Stein Mart is closing at the Brookfield Fashion Center mall at 16720 W. Blue Mound Road in Brookfield, where several businesses are in the process of closing their doors or have closed. Department stores and many mall-based specialty retailers have closed stores, laid off workers and declared bankruptcy since the […]
(Bloomberg) — Australia’s hot spot Victoria state recorded 81 new virus cases overnight, after warning against easing lockdown measures too quickly. The country recommitted to opening up its economy by December. New Zealand will retain its social distancing requirements until at least mid-month to make sure a virus outbreak in […]
By Nick Carey, Richa Naidu and Siddharth Cavale (Reuters) – Instant coffee, ketchup, Lululemon yoga pants and Nike Air Max sneakers are all in. Bottled water, pricey diapers and Burberry luxury trench coats are out. Welcome to America’s pandemic consumer economy. And it’s like nothing we’ve seen before. “Everything we […]
A pool in the backyard? A fresh coat of paint on the deck? For some people flush with funds from canceled vacations due to the coronavirus pandemic, that’s exactly the plan. A new survey shows nearly one-third of homeowners are using money previously set aside for travel and spending it […]
A fundamental disagreement has prevented Congress from reauthorizing the extra $600 in weekly unemployment benefits that lapsed last week. Treasury Secretary Steve Mnuchin, the Trump administration’s lead negotiator for a new relief bill, said Sunday that he and his fellow Republicans agree on the “concept” of enhanced unemployment, but they […]
By Leika Kihara TOKYO (Reuters) – Big data is providing some surprising results for the Bank of Japan and helping ease concerns about pressure on the economy during the coronavirus pandemic, which could influence the way the BOJ manages the world’s most radical monetary stimulus. By tapping data provided by […]
BEIJING (AP) — China became the first major economy to grow since the start of the coronavirus pandemic, recording an unexpectedly strong 3.2% expansion in the latest quarter after anti-virus lockdowns were lifted and factories and stores reopened. Growth reported Thursday for the three months ending in June was a […]
Issy Rushton had always dreamed of becoming an American college student. Ever since she was 15 and traveled to the states from her native country of Australia for a study abroad trip, she was hooked. She began classes at the University of South Carolina in 2017 and prospered, becoming the […]
The U.S. added a whopping 916,000 jobs and the unemployment rate fell to 6 percent in March as the recovery from the coronavirus recession chugged ahead, the Labor Department reported Friday. The March jobs report showed the U.S. economy picking up speed as COVID-19 vaccinations accelerated, restrictions eased and President BidenJoe […]
Text size People eat in Jerusalem’s main market after authorities reopened restaurants, bars, and cafes to people who have proof that they were vaccinated. Emmanuel Dunand/AFP via Getty Images Israel has fully vaccinated more than half its population, getting shots in arms at a pace that is far ahead of […]
© Provided by The Points Guy MSN has partnered with The Points Guy for our coverage of credit card products. MSN and The Points Guy may receive a commission from card issuers. Load Error Southwest Airlines stands alone as the only major U.S. air carrier without a basic economy fare […]
With the new Congress two months into its term, lawmakers from both sides of the political aisle have found agreement on legislation to help conserve our public landscapes and aid our nation’s economic recovery. By a bipartisan vote, the House of Representatives last week passed the Protecting America’s Wilderness and […]
Text size Federal Reserve Chair Jerome Powell. Kevin Dietsch -Pool/Getty Images Federal Reserve Chairman Jerome Powell said on Tuesday that the recovery has “a long way to go,” though economists are focused on how much stimulus could be too much. The Fed has used its policy arsenal—setting short-term rates near […]
WASHINGTON (Reuters) – U.S. policymakers are touting the gradual rise in the number of people who have received a coronavirus vaccination as the beginning of the end of the economy’s fight with the pandemic, but real-time data suggests the awaited rebound is still at the starting line. The worst of […]
Coronavirus economic graphic The coronavirus pandemic has reached almost every country in the world. Its spread has left national economies and businesses counting the costs, as governments struggle with new lockdown measures to tackle the spread of the virus. Despite the development of new vaccines, many are still wondering what […]