Economic Indicators11 hours ago (May 13, 2020 07:05PM ET) (C) Reuters. LONDON (Reuters) – British house prices are likely to fall as the market slowly begins to reopen, after a collapse in activity due to COVID-19 restrictions last month, a survey showed on Thursday. The Royal Institution of Chartered Surveyors […]
U.S. March, April job losses revised higher
Economic Indicators13 hours ago (May 13, 2020 04:55PM ET) (C) Reuters. Job seekers prepare for career fair to open at Rutgers University in New Brunswick, New Jersey WASHINGTON (Reuters) – The U.S. economy lost a record 20.537 million jobs in April and not 20.5 million as reported last Friday, according […]
Trump’s USDA fights court ruling protecting food benefits during pandemic
Economic Indicators14 hours ago (May 13, 2020 04:25PM ET) 3/3 (C) Reuters. FILE PHOTO: The outbreak of the coronavirus disease (COVID-19) in Manhattan, New York City 2/3 By P.J. Huffstutter CHICAGO (Reuters) – The Trump administration, aiming to tighten rules for federal food benefits, has appealed a federal judge’s ruling […]
Italy finally approves economic stimulus package in virus fight
Economic Indicators15 hours ago (May 13, 2020 03:00PM ET) (C) Reuters. FILE PHOTO: Italian Prime Minister Giuseppe Conte attends a session of the lower house of parliament on the coronavirus disease (COVID-19) in Rome ROME (Reuters) – The Italian government has approved a long-delayed, 55-billion-euro ($59.6 billion) stimulus package aimed […]
Morocco hopes to boost domestic tourism to save key sector
Economic Indicators17 hours ago (May 13, 2020 01:15PM ET) (C) Reuters. FILE PHOTO: Chinese tourists visit the Hassan II Mosque in Casablanca By Ahmed Eljechtimi RABAT (Reuters) – Morocco’s government and tourism industry hope to encourage more Moroccans to explore the ancient souks of Marrakech and the beaches of Agadir […]
Coronavirus Guide: Symptoms, Testing, Treatment, and Economics
For the time being, generic drugs could prove helpful to those battling Covid-19. Blood from recovered patients is also promising, though getting it to those in need is a challenge. Most of all, it’s important to remember that finding treatments take time and there are a lot of dubious theories […]
Amid pandemic, world economy projected to shrink 3.2% in 2020: U.N.
Economic Indicators18 hours ago (May 13, 2020 12:35PM ET) By Michelle Nichols NEW YORK (Reuters) – The world economy is projected to shrink by 3.2 percent in 2020 after the coronavirus pandemic sharply restricted economic activity, increased uncertainty and sparked the worst recession since the depression, the United Nations said […]
U.S. producer prices record largest drop since 2009 as coronavirus suppresses demand
2/2 (C) Reuters. FILE PHOTO: The spread of the coronavirus disease (COVID-19) in New York 2/2 By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices fell by the most since 2009 in April, leading to the largest annual decline in nearly 4-1/2 years, bolstering some economists’ predictions for a brief […]
U.S. producer prices post biggest drop since 2009
Economic Indicators7 hours ago (May 13, 2020 09:55AM ET) (C) Reuters. People shop at Macy’s Department store in New York By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices fell by the most since 2009 in April, leading to the largest annual decline in nearly 4-1/2 years, which could bolster […]
U.S. Producer Prices Fall From Year Ago by Most Since 2015
Forex8 hours ago (May 13, 2020 09:10AM ET) (C) Reuters. U.S. Producer Prices Fall From Year Ago by Most Since 2015 (Bloomberg) — Prices paid to U.S. producers declined in April from a year earlier by the most since 2015, reflecting falling energy costs and signaling waning inflation pressures as […]