Tag: Coronavirus

China’s economy showed surprising resilience in August

Key indicators of economic activity in China reached higher than expected levels in August. Both industrial production and retail sales...

Yen volatility hurting Japan’s economy, Bank of Japan chief warns

The weak yen is helping Japan's economy recover from the coronavirus pandemic. However, if its exchange rate fluctuates too much...

European stocks fell under the weight of the omicron. The sell-offs were dominated by miners and car manufacturers

The pan-European STOXX 600 stock index fell 1.4 percent to a two-week low in Monday's trading. This is due to...

U.S. economy gets worse before it starts to recover

The condition of the US economy will deteriorate even more temporarily before it starts to improve. This is apparent...

The Dow Jones stepped up. This is also due to the hopes of obtaining a coronavirus vaccine

US stocks erased last week's losses on Monday. Markets were flooded with hopes of an early coronavirus vaccine, as...

Americans are pessimistic, yet they spend money massively

Millions of Americans are still jobless and those who work often stay home with half their salary. The coronavirus...

There’s growing numbers of Britons willing to accept any kind of job

While in the beginning of June, there was 23% of workforce in the UK willing to accept almost any...

The US Labor market won’t recover any time soon

According to Mark Zandi, main economist at Moody's Analytics Consulting Services, the coronavirus pandemic undoubtedly caused major losses on...

Speed of economic recovery and Fed’s policy is most important to investors

According to a survey by Jefferies Financial Group, coronavirus pandemic represents the third most important factor, which affects investors‘...

Top 5 companies hugely affected by the coronavirus crisis

While some assets, such as Tesla or Beyond Meat shares, made the most of the coronavirus crisis, prices of some other instruments traded on capital markets significantly dropped.

American economy entered a recession in February, NBER reported

National Bureau of Economic Research (NBER) reported that the U.S. entered a economic recession. Despite expectations that the country...

Two thirds of jobless Americans have higher incomes than before the pandemic thanks to unemployment benefits

Democrats in the American Congress demand the extra subsidy of $600 a week to be paid until the end...