UK economy grew 2.1% in August, below analyst expectations, as recovery from the coronavirus pandemic slows
The White Lion pub seen at the Covent Garden. UK Covid-19 cases are now doubling every seven to...
Years of low interest rates made the current economic crisis worse, Fed’s Rosengren says
The Federal Reserve Bank of Boston’s President and CEO Eric S. Rosengren Keith Bedford | Reuters Years of...
Jobless claims were worse than expected amid slowdown in hiring
First-time claims for unemployment benefits totaled 840,000 last week, higher than expected in another sign that the spike...
Lloyd Blankfein sees `bubble elements’ in markets thanks to ‘free’ money
Former Goldman Sachs CEO Lloyd Blankfein sees speculative elements across markets for stocks and bonds. Blankfein, a billionaire...
Consumers’ ‘savings buffer’ accumulated during pandemic could help aid the economy without stimulus
Americans are saving more than ever during the pandemic, and Morgan Stanley says it may be enough to...
Stanford professor on the new remote work economy: A ‘productivity disaster’ and ‘ticking time bomb for inequality’
One of the biggest changes brought on by the coronavirus pandemic has been the inundation of working from...
As stimulus talks falter, the U.S. economy faces growth coming to a halt
Senate Minority Leader Chuck Schumer, a Democrat from New York, left, listens as U.S. House Speaker Nancy Pelosi,...
Fed officials worried that lack of help from Congress will threaten recovery, minutes show
Federal Reserve officials worried that a lack of further fiscal stimulus would jeopardize an economy recovery that was...
‘No. 1 catalyst’ for market volatility is virus aid gridlock – not election uncertainty
National Securities’ Art Hogan blames the market’s wild swings on lawmakers’ inability to pass a second round of...
Mortgage rates set another record low, sparking new strength in refinances
An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus,...
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