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August 12, 2020
US consumer prices rose 0.6% in July, matching June uptick
U.S. consumer prices jumped 0.6% in July as gasoline prices continued to rise. The Labor Department reported Wednesday that ...
August 05, 2020
Survey: US companies cut back sharply on hiring in July
U.S. businesses sharply reduced hiring last month, suggesting that resurgent COVID-19 infections slowed the economic recovery ...
July 31, 2020
Eurozone economy suffers record drop during lockdown months
The economy of the 19-country eurozone shrank by a devastating 12.1% in the April-June period from the quarter before - the ...
July 28, 2020
Visa's profits shrink as virus stops consumers from spending
Credit card processing giant Visa Inc. said its fiscal third quarter profit fell by 23% from a year ago, undercut by the ...
July 28, 2020
US consumer confidence tumbles in July as COVID-19 spreads
U.S. consumer confidence tumbled in July to a reading of 92.6 as coronavirus infections spread in many parts of the country.
July 16, 2020
US retail sales jump 7.5% in June, but economy still ails
U.S. retail sales climbed a solid 7.5% in June, a sign that the economy was healing right before infections from the ...
July 15, 2020
Fed survey says economy has picked up but outlook cloudy
The Federal Reserve says economic activity has picked up in most regions of the country but still remains well below ...
July 08, 2020
US consumers reduced their borrowing by $18.3 billion in May
U.S. consumers reduced their borrowing for a third straight month in May as the millions of jobs lost because of the ...
June 10, 2020
US consumer spending sinks by record 13.6% in face of virus
U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced ...
June 08, 2020
Japan says economy contracted less than earlier reported
Japan reported Monday that its economy contracted at an annual rate of 2.2% in January-March, less than initially estimated.
May 29, 2020
U.S. spending, virus cases after reopenings cloud outlook
With new U.S. economic numbers highlighting the rough road ahead for a hoped-for rebound, President Donald Trump on Friday ...
May 28, 2020
US economy shrank at 5% annual rate in Q1
The U.S. economy shrank at an even faster pace than initially estimated in the first three months of this year with ...
May 27, 2020
Japan OKs funds for $1.1T stimulus to fight pandemic woes
Japan’s Cabinet approved a proposed 32 trillion yen ($296 billion) supplementary budget on Wednesday to help fund $1.
May 21, 2020
China focused on jobs as national legislature meets
As job losses surge, China is joining the United States and other governments in rolling out stimulus spending to revive its ...
May 16, 2020
US retail sales plunged a record 16% in April as virus hit
U.S. retail sales tumbled by a record 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers ...
May 13, 2020
Why prospect of deflation could pose a threat to US economy
The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices ...
April 30, 2020
US consumer spending plunges record 7.5%, reflecting virus
U.S. consumer spending plunged 7.5% in March, reflecting the growing impact of the coronavirus pandemic as Americans complied ...
April 16, 2020
China tries to revive economy but consumer engine sputters
China, where the coronavirus pandemic started in December, is cautiously trying to get back to business, but it’s not easy ...
March 27, 2020
US consumer spending up modest 0.2% in February
Americans increased their spending by a modest amount in February but the expectation is that spending will be hit hard in ...
February 28, 2020
US consumer spending slowed in January while incomes jumped
Americans pulled back on their spending in January, even as their incomes surged, a sign the economy was growing modestly ...
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