Economic Indicators12 hours ago (Mar 23, 2020 06:10PM ET) (C) Reuters. FILE PHOTO: People wearing face masks walk inside an office building at the Lujiazui financial district in Pudong BEIJING (Reuters) – China’s economy suffered through an “eye-popping” first quarter as a coronavirus epidemic hammered business activity, with deterioration even […]
Most Kids Only Get Mildly Sick From Covid-19–but Not All
The kids are alright. Right? Well … For months, as a new coronavirus has spread around the world–sickening nearly 370,000 people and killing more than 16,000 as of Monday afternoon–it’s seemed that children have been spared the worst of this global pandemic. The earliest data from China, where the outbreak […]
If Robots Steal So Many Jobs, Why Aren’t They Saving Us Now?
Modern capitalism has never seen anything quite like the novel coronavirus SARS-CoV-2. In a matter of months, the deadly contagious bug has spread around the world, hobbling any economy in its path. In the United States, where consumer spending accounts for more than two-thirds of economic activity, commerce has come […]
How ProMED Crowdsourced the Arrival of Covid-19 and SARS
It was about 8:30 pm on December 30, and Marjorie Pollack, a physician and epidemiologist, was working in her home office in Cobble Hill, Brooklyn. Her email pinged. In her inbox was a note from a frequent and reliable contributor to ProMED, an email list of disease alerts for which […]
Coronavirus crisis to cost Germany 255-729 billion euros in 2020: Ifo
Economic Indicators13 hours ago (Mar 23, 2020 04:05AM ET) (C) Reuters. The skyline is pictured at the end of the first day under a partial lock down of the city by authorities due to the spread of the coronavirus disease (COVID-19) in Frankfurt BERLIN (Reuters) – The coronavirus crisis could […]
Sending Money to Americans May Be Complicated
As the Coronavirus threatens more and more of the United States, both Republicans and Democrats seem to agree that getting money directly into the hands of Americans is critical. Doing that however, isn’t as easy as it sounds. The IRS can hit a number of Americans right away, through their […]
Singapore’s key price gauge flashes deflation for first time in decade on virus woes
Economic Indicators16 hours ago (Mar 23, 2020 01:25AM ET) (C) Reuters. People shop at a pop-up store in Singapore SINGAPORE (Reuters) – Singapore’s main price gauge slipped into deflation for the first time in over a decade in February, data showed on Monday, as the coronavirus pandemic drove declines in […]
South Korea’s March exports rise as virus drives teleconference demand
Economic Indicators21 hours ago (Mar 22, 2020 08:15PM ET) (C) Reuters. FILE PHOTO: A truck drives between shipping containers at a container terminal at Incheon port in Incheon By Joori Roh and Cynthia Kim SEOUL (Reuters) – South Korean exports rose 10.0% in the first 20 days of March year-on-year […]