Darwin surmised that it isn’t necessarily the strongest or smartest that survive. Rather, the survivors achieve being flexible and adapting to new environments. Rather, we should plan for a future that’s being quickly thrust upon us, or existing trends accelerated, at warp speed. This article imagines how that new world […]
Economic
German Economic Research Institutes Cut Forecasts for German GDP in 2020 and 2021
By Maria Martinez The coronavirus pandemic has left substantial marks in the German economy and its effects are more persistent than assumed in spring, the German Ifo Institute said in the presentation of its joint economic forecasts with other German economic research institutes. In their autumn report, the German institutes […]
Polk business license numbers remain stable despite COVID-19, economic concerns
Bill Kemp | The Ledger WINTER HAVEN — What’s just around the corner in the U.S. economy may be scarier than what’s hiding around the corner this Halloween. When the stock market crashed in September 2008, it wasn’t until 2010 the country experienced a record number of non-business bankruptcies with 1,538,033 […]
Transcepta Economic Activity Tracking Reflects Continued, but Uneven Economic Recovery, Which May Provide Insight into the 2020 Presidential Election
ALISO VIEJO, Calif., Oct. 13, 2020 /PRNewswire/ — Transcepta—the leading provider of intelligent eProcurement and accounts payable (AP) automation solutions—today released new data that highlight an overall, but uneven, increase in economic activity throughout the United States continuing through the third quarter. The data, collected from the company’s cloud-based Procure-to-Pay (P2P) […]
No, Joe, There Was No Economic Boom Under Obama
The great Jackie Gleason once said, “The past remembers better than it lived.” And so it is, apparently, with the Obama years. There was no economic “boom” as Joe Biden and Kamala Harris are misremembering. This was an economy that skidded into a financial ditch and seemingly never pulled out […]
Jerome Powell’s ironic legacy on economic inequality
If there’s anyone who should be talking about economic inequality it’s Jerome Powell, a man who as Fed chair has aimed a spotlight on the issue and put the Fed on an intentional trajectory toward reducing it through policy. Yes, but: Pressed for answers on how the central bank’s policies […]
Trump talks up economic progress, after Harris-Pence debate focused on job losses
President Donald Trump quickly put the economic focus back on himself Thursday morning, after Wednesday night’s vice presidential debate, which covered more economic issues than his barb-trading battle with Democratic candidate Joe Biden. “Our numbers are going to be great, our numbers for the third quarter are going to be […]
Ivanka Trump touts economic recovery in Las Vegas campaign stop
Ivanka Trump, President Donald Trump’s elder daughter and senior adviser, made an economy-focused campaign pitch to a small group of local Republicans during a brief Monday campaign stop in Las Vegas. Trump joined on stage by former White House deputy press secretary and current campaign press secretary Hogan Gidley, who […]
World stocks zoom to five-week highs on economic, stimulus hopes
(Reuters) – Global stocks scaled five-week highs Monday on hopes that more government stimulus would come and that the world economy was on the mend, while the Chinese yuan retreated from a 17-month high after a policy move over the weekend. Investor optimism that Washington will work through talks that […]
Some SC nonprofits meet fundraising goals despite pandemic, economic hardship | News
Even as many South Carolina nonprofits struggle to survive in the pandemic, others which deal directly with the coronavirus and its impact are achieving or even surpassing fundraising goals. Donations for human service nonprofits are up 5.4 percent during the past 12 months and 9.3 percent during the second quarter […]
Wisconsin businesses brace for economic impact as COVID-19 cases soar
CLOSE Owner of Q-Tea Premium Tea House and The Sense Spa + Wellness Center, Quan Hoang, pictured on Thursday, Oct. 8, 2020, at 124 S. Military Ave., Green Bay, Wis. “We have to be super careful,” he said. “Customers are required to wear a mask when they enter the building. […]
China creates favorable environment for economic recovery in Brazil, says business leader
China is creating a favorable environment for the recovery of Brazil’s economy in the aftermath of the COVID-19 pandemic, which could turn 2021 into a promising year for bilateral relations, a top business leader said on Tuesday. “China’s control of the pandemic created a very favorable environment for the bilateral […]
CEOs indicate business sentiment revival; economic recovery on anvil: CII
The CEOs of top 115 companies who met at CII’s National Council earlier this week indicated revival of business sentiment and a gradual rise in expected corporate performance in a poll, raising hopes that a steady recovery of India’s economy is on the anvil. The CEOs, who took the poll, […]
UK economic recovery loses momentum even before new Covid curbs | Business
The UK’s recovery from the Covid-19 lockdown was losing momentum even before the announcement of new restrictions to control the spread of the virus, the latest snapshot of the economy has found. The closely watched monthly estimates from Cips/Markit found the level of activity at its lowest since June, the […]
American households desperate for more COVID-19 financial relief as US economic recovery hangs in the balance – 12-Oct-2020
When US President Donald Trump tweeted that he was bailing on negotiations and delaying another round of stimulus payments until after the election, he struck fear in the hearts of many Americans whose lives have been turned upside down by the coronavirus 12 October 2020 When […]
Middlesex County Business Summit: Rutgers President, Business Leaders Discuss COVID-19 and Economic Recovery
MIDDLESEX COUNTY, NJ – Leveraging its partnerships with industry leaders in the state, Middlesex County’s fourth annual Business Summit, Leading Together for a Better Tomorrow, assembled experts from across a broad continuum serving New Jersey and the County to discuss COVID-19 response efforts and recovery resources, and challenges presented to businesses […]
Discord in Hong Kong’s ‘yellow economic circle’ as staff disputes, mistrust add to Covid-19 business woes
Sogno Gelato, a “yellow” business that found a lifeline in takeaway service and bulk orders. Photo: Facebook Gelato maker Chung Yiu-wa landed a bumper order worth HK$111,786 (about US$14,400) in the run-up to the Mid-Autumn Festival. The single sale of 678 cups of his Italian-style dessert, 118 ice cream cones […]
Guest column: Highway investments essential to state’s economic recovery | News
The Texas Transportation Commission awards hundreds of millions of dollars in highway improvement projects every month, including $835 million in July, to improve mobility across the state. Those projects will be under construction for the next several years, providing thousands of jobs and adding to the economic vitality of local […]
EDITORIAL: On the rough road to economic recovery | Opinion
For one thing, the recession “targeted lower-end personal service contact workers,” he pointed out, and many service workers who were laid off in the hospitality, entertainment, retail and restaurant sectors may not have jobs to go back to, as more than 100,000 small businesses have permanently closed. Unemployment in Virginia […]
Fed’s Jerome Powell Calls For More Economic Aid, Warning ‘Weakness Feeds On Weakness’
Updated at 4:08 p.m. ET Federal Reserve Chairman Jerome Powell urged Congress to provide another round of pandemic relief Tuesday, saying it’s better to do too much than too little. However, hours later, President Trump dashed hopes for any quick deal with lawmakers, saying he’d called a halt to negotiations […]