The SARS-CoV-2 virus, a novel coronavirus, has exploded out of China and spread the disease Covid-19 around the world. Symptoms include fever, cough, and sore throat, and can lead to death in vulnerable populations, particularly the elderly. The World Health Organization declared it a global emergency in January, and now […]
Exclusive: StanChart says CEO Winters will stay to execute current strategy
Economic Indicators5 hours ago (Mar 06, 2020 01:22PM ET) By Lawrence White LONDON (Reuters) – Standard Chartered (L:STAN) Chief Executive Bill Winters is expected to stay at the bank until the conclusion of its current strategy, its Chairman Jose Vinals said in an internal memo seen by Reuters on Friday. […]
U.S. job growth robust before coronavirus outbreak hit shores
(C) Reuters. Veterans and military personnel discuss job opportunities at a military job fair in Sandy, Utah By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers maintained a robust pace of hiring in February, giving the economy a strong boost heading into the coronavirus outbreak, which has stoked fears of a […]
UK public inflation expectations fall to joint three-year low: Citi/YouGov
Economic Indicators7 hours ago (Mar 06, 2020 11:26AM ET) LONDON (Reuters) – The British public’s expectations for inflation in the coming 12 months eased in February to the joint-lowest level in three years, a survey showed on Friday. Year-ahead inflation expectations fell to 2.3%, matching December’s recent low point, from […]
Canada gains surprise 30,300 jobs in February, posts wider-than-expected trade deficit
Economy22 hours ago (Mar 06, 2020 09:29AM ET) By Kelsey Johnson OTTAWA (Reuters) – Canada gained a higher-than-expected 30,300 net jobs in February while the unemployment rate rose to 5.6%, official data showed on Friday, but analysts said the data was unlikely to trigger a rethink at the Bank of […]
The Alternate Universe Where Facebook Bought Twitter
The Twitter buy would have had an impact on Facebook’s News Feed also. In real life, after the rejected offer, Facebook tried to copy a number of Twitter’s features, including a real-time urgency and an increased viral pulse. That would not have been necessary if Facebook owned Twitter. Maybe the […]
U.S. trade deficit narrows in January; exports, imports fall
Economic Indicators9 hours ago (Mar 06, 2020 08:51AM ET) By Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit narrowed more than expected in January as imports declined, and further decreases are likely as the coronavirus outbreak disrupts the flow of goods and services. The Commerce Department said on Friday […]
Breaking: U.S. Added 273,000 Jobs in February; Jobless Rate 3.5%
Sign In/Free Sign Up 0 Economic Indicators10 hours ago (Mar 06, 2020 08:37AM ET) (C) Reuters. By Geoffrey Smith Investing.com — The labor market was in fine form in the month before the coronavirus arrived in the U.S., according to government data released on Friday. The […]
Measure the Speed of the ISS With Your iPhone
Can you spot the ISS? It’s that “star” that looks like a short line, near the tree. The phone took a 1-second exposure, and that’s how far the station moved in that time. That’s pretty cool. Oh, notice that this is right by the star Betelgeuse in the constellation Orion. […]
World stocks succumb to virus fears, Treasury yields hit record lows
(C) Reuters. FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London By Ritvik Carvalho LONDON (Reuters) – Global stock markets tumbled and government bonds rallied on Friday as disruptions to business from the spreading coronavirus epidemic worsened, stoking fears of a prolonged economic slowdown. […]