Economic Indicators12 hours ago (May 14, 2020 07:10PM ET) (C) Reuters. FILE PHOTO: Stainless steel tubes seen at a factory in Britain LONDON (Reuters) – British manufacturers think it will take longer to recover from the economic impact of COVID-19 than just a couple of weeks ago, according to an […]
Fed’s Kaplan says economy needs to be reopened, but gradually
Economic Indicators12 hours ago (May 14, 2020 07:00PM ET) (Reuters) – The U.S. economy needs to reopen after extended shutdowns to slow the spread of the coronavirus pandemic, but reopening must be gradual and with enough testing and other procedures that people feel comfortable to reengage, Dallas Federal Reserve Bank […]
Fed’s Kashkari: U.S. Congress needs to put ‘money in pockets’
Economic Indicators16 hours ago (May 14, 2020 03:00PM ET) By Ann Saphir (Reuters) – The recovery from the coronavirus crisis will be “long and drawn out’ and with the true U.S. jobless rate already at 24% or 25%, Congress needs to do more to help those without work cover their […]
Spain April final CPI -0.7 % vs 0.0 % In March: Reuters poll
Economic Indicators16 hours ago (May 14, 2020 02:50PM ET) May 14 (Reuters) – Spanish national consumer prices fell 0.7% year-on-year in April according to data from the National Statistics Institute on Thursday, compared to 0.0% in March and a Reuters poll forecast of a 0.7% decrease. Spanish European Union-harmonised prices […]
London transport operator secures 1.6 billion-pound government funding: BBC
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Second layoffs, backlogs wave keeps U.S. jobless claims sky high
2/2 (C) Reuters. FILE PHOTO: Outbreak of the coronavirus disease (COVID-19) in New Orleans 2/2 By Lucia Mutikani WASHINGTON (Reuters) – The novel coronavirus crisis continues to pummel the U.S. labor market, with the number of Americans filing for unemployment benefits falling less than expected last week, suggesting a second […]
UK optimistic about rescue deal for London transport operator after virus hit
Economic Indicators17 hours ago (May 14, 2020 01:45PM ET) (C) Reuters. FILE PHOTO: Jerome Powell holds a news conference in Washington LONDON (Reuters) – The British government said it is optimistic about reaching a deal to help rescue London’s transport operator, which has seen a big drop in passenger numbers […]
Trump pivots to embrace a strong U.S. dollar
Economic Indicators17 hours ago (May 14, 2020 01:45PM ET) 2/2 (C) Reuters. Illustration photo of a U.S. Dollar note 2/2 By Saqib Iqbal Ahmed NEW YORK (Reuters) – President Donald Trump may be warming to a strong dollar after years of bashing the U.S. currency’s stubborn appreciation. “It’s a great […]
U.S. import prices post largest drop in over five years
Economic Indicators10 hours ago (May 14, 2020 09:00AM ET) (C) Reuters. Outbreak of the coronavirus disease (COVID-19) in New Jersey WASHINGTON (Reuters) – U.S. import prices fell by the most in more than five years in April as the coronavirus crisis depressed demand for petroleum products, which could strengthen some […]
The Science of Temperature Is Weirder Than You Think
The point I’m making in this section is that it’s super easy to make things hot–because it’s probably going to happen anyway. No matter what you do, something is likely to increase in temperature, because your actions tend to transfer energy to other objects. How to Make Stuff Colder But […]