Economic Indicators15 hours ago (May 07, 2020 07:10PM ET) (C) Reuters. FILE PHOTO: Outbreak of the coronavirus disease (COVID-19) in Bury LONDON (Reuters) – British consumer confidence edged up in late April but remained close to its lowest levels on record as the country remained in coronavirus lockdown and on […]
Portugal extends contracts, housing tensions intensify during pandemic
By Victoria Waldersee and Catarina Demony LISBON (Reuters) – In a move aimed at ensuring people had a roof over their heads for the duration of the coronavirus outbreak, Portugal’s government on Thursday extended a measure stating contracts could not expire or be cancelled to the end of September. But […]
Fed’s Kashkari sees slow, piecemeal, and rocky recovery
Economic Indicators8 hours ago (May 07, 2020 01:40PM ET) (C) Reuters. Minneapolis Federal Reserve Bank President Neel Kashkari poses during an interview with Reuters in his office at the bank’s headquarters in Minneapolis By Ann Saphir SAN FRANCISCO (Reuters) – A quick recovery from the coronavirus crisis is unlikely, Minneapolis […]
Fed still has tools to help economy, Daly says
Economic Indicators10 hours ago (May 07, 2020 11:40AM ET) SAN FRANCISCO (Reuters) – The Federal Reserve, which has lowered rates to zero, bought trillions of dollars of U.S. government debt and rolled out a range of lending programs to battle the effects of the coronavirus pandemic, still has tools to […]
U.S. Productivity Fell in First Quarter by Most Since 2015
Forex12 hours ago (May 07, 2020 09:18AM ET) (C) Reuters. U.S. Productivity Fell in First Quarter by Most Since 2015 (Bloomberg) — Productivity in the U.S. declined in the first quarter by the most since the end of 2015, as the world’s largest economy shrank faster than employers cut jobs […]
Millions more Americans join the unemployment line
Coronavirus12 hours ago (May 07, 2020 08:50AM ET) (C) Reuters. FILE PHOTO: The spread of the coronavirus disease (COVID-19), in Fayetteville By Lucia Mutikani WASHINGTON (Reuters) – Millions more Americans sought unemployment benefits last week, suggesting layoffs broadened from consumer-facing industries to other segments of the economy and could remain […]
U.S. Initial Jobless Claims Total 3.17 Million in Latest Week
Sign In/Free Sign Up 0 Economic Indicators13 hours ago (May 07, 2020 08:31AM ET) (C) Reuters. By Noreen Burke Investing.com – The number of Americans applying for initial unemployment benefits totaled 3.17 million in the week ending May 2, the U.S. Labor Department said Thursday, remaining […]
This Bizarre Insect Is Building Shelters Out of Microplastic
That’s not good, for the obvious reason that the caddis fly larva relies on the structural integrity of its case to protect itself from predatory fish. And it’s potentially not good for more subtle reasons: The case helps camouflage the larva on the river bottom. That may not be a […]
China’s April exports rebound but outlook remains grim
(C) Reuters. Crane lifts containers to be loaded onto a cargo vessel at a port in Qidong city of Nantong By Stella Qiu and Ryan Woo BEIJING (Reuters) – China’s exports unexpectedly rose in April for the first time this year as factories raced to make up for lost sales […]
Why Meatpacking Plants Have Become Covid-19 Hot Spots
This isn’t surprising to Ingrid Gould Ellen, who directs the Furman Center for Real Estate and Urban Policy at New York University. In a recent analysis of neighborhood demographic data, Covid-19 case reports from the department of health, and ridership data from the Metropolitan Transportation Authority, her research team discovered […]