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NEW DELHI, INDIA – DECEMBER 23: Delhi Chief Minister Arvind Kejriwal and Kailash Gahlot (R) address … [+] the media during a press conference at Delhi Secretariat on December 23, 2019 in New Delhi, India. (Photo by Sanjeev Verma/Hindustan Times via Getty Images) Hindustan Times via Getty Images The fallout […]
Economy
Here’s how long-term unemployment is becoming the most overlooked disaster in the US economy
© Provided by Business Insider Hundreds of unemployed Kentucky residents wait in long lines outside the Kentucky Career Center for help with their unemployment claims on June 19, 2020 in Frankfort, Kentucky. John Sommers II/Getty Images Even though the unemployment rate declined to 7.9% and 661,000 jobs were added last […]
Singapore’s economy contracted by 7% year-on-year in the third quarter, official estimates show
Singapore’s economy contracted by 7% in the third quarter compared with a year ago, according to official estimates released by the Ministry of Trade and Industry. The country’s central bank — Monetary Authority of Singapore — said it kept its exchange-rate based monetary policy on hold. © Provided by CNBC […]
As visitor relaunch nears, Hawaii’s economy continues to bottom out
© Provided by Honolulu KHNL Visitors lounge on Waikiki on a Tuesday afternoon. There’s growing concern about how the coronavirus will impact Hawaii’s tourism-drive economy. HONOLULU, Hawaii (HawaiiNewsNow) – It’s no secret that the so-called relaunch of Hawaii’s visitor industry is integral to the state’s financial recovery and eventual growth, […]
14 Customer-Centric Ways To Boost Sales In A Turbulent Economy
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The current economic landscape is leading consumers to be more mindful of how they’re spending their money. That means today’s customers are shopping around for the best deal more than ever, presenting a significant challenge for business owners, especially if they’re trying to compete with bigger brands that have lower […]
ETF Strategies That Capitalize on the Post-Coronavirus Economy
Investors can consider targeted exchange traded funds strategies to take advantage of how COVID-19 is accelerating changing behaviors. In the recent webcast, Accelerating Natural Selection. Investing in a Post-COVID World Economy, David Mazza, Managing Director, Product, Direxion, pointed out that working at home has already been occurring over the years, […]
UK Economy To Slump 9.8% This Year On Virus: IMF
The International Monetary Fund on Tuesday forecast that the recession-wracked British economy will shrink by almost ten percent this year on coronavirus fallout. A contraction in gross domestic product of 9.8 percent would however be an improvement on the previous IMF forecast of 10.2 percent, the Fund added. The UK […]
Brazil: How Is South America’s Biggest Economy Poised To Behave
Last week, Brazil’s COPOM (Committee for Monetary Policy) met to discuss the current economic environment, not only in Brazil but around the world. The meeting had one overall result, which was to maintain current interest rates: the country’s Taxa Selic will stay at 2% p.a. Although this event might not […]
JPMorgan, Citigroup Signal That Economy Isn’t Out of the Woods
A curious thing happened in the middle of the coronavirus crisis: America’s biggest bank posted a higher profit than it did a year ago, before the pandemic ravaged the economy. Taken together, the two banks’ third-quarter results show that businesses and consumers held up surprisingly well in the months since […]
Scott Yahraus, America’s Leading Business Turnaround Specialist, Offers Strategies to Help Companies Navigate the Pandemic Economy
LOS ANGELES, Oct. 13, 2020 /PRNewswire/ — Scott Yahraus (www.scott4business.com), America’s leading expert in business turnarounds and dispute resolutions, was featured in an article in Business Management News offering strategies to help companies successfully navigate this current economic storm. In an article titled, “How to Save Your Business During these […]
JPMorgan Didn’t Signal a Turning Point for the Economy
Analysts predicted that JPMorgan would earmark another $2.4 billion for potentially bad loans in the three months through September, a period defined by gridlock among Washington lawmakers over another round of fiscal aid as the Covid-19 pandemic flared up across the U.S. Instead, it set aside just $611 million. That […]
Pennsylvania’s Democratic Gov. Wolf calls for marijuana legalization to aid state economy
FOX Business’ Jeff Flock reports on why more states are considering the legalization of marijuana and the economic benefits that come along with it. Pennsylvania’s Democratic Gov. Tom Wolf on Tuesday called for marijuana use to be legalized, which he said could help shore up the state’s economy. Wolf said […]
This is how to build a portfolio strong enough to handle any uncertainty about the economy and the election
FA CENTER © Getty Images The Department of Labor released its interim final rule about employer-sponsored retirement account statements. With the U.S. presidential election looming and the COVID-19 pandemic taking new turns, investors are struggling to navigate through one of the most nerve wracking, uncertain market environments in modern history. […]
Counterfeit Drugs Harm Patients, Economy, Innovation; Drug Importation or Price Controls Would Make Problem Worse
New Brief: Counterfeit Drugs Harm Patients, Economy, Innovation; Drug Importation or Price Controls Would Make Problem Worse PR Newswire SAN FRANCISCO, Oct. 13, 2020 SAN FRANCISCO, Oct. 13, 2020 /PRNewswire/ — A new brief released today by the Center for Medical Economics and Innovation at the nonpartisan Pacific Research Institute shows that […]
Scotiabank to host Global Insights Conference: Canada, The Americas and the Global Economy: Investing in an Interconnected world
TORONTO, Oct. 13, 2020 /PRNewswire/ – On October 13-14, 2020, Scotiabank will host its inaugural Global Insights Conference: Canada, The Americas and the Global Economy: Investing in an Interconnected world. Hosted virtually, this conference will feature global leaders from across the corporate, political and economic landscape in keynote addresses, panel discussions and […]
William L. Murray column: Dominion Energy Virginia customers will benefit from Va. Clean Economy Act | Columnists
Similarly, Wilson gives an exaggerated view of the costs of clean energy investments and does not consider the benefits of no fuel risk, the social cost of carbon, economic development and jobs. He also attempts to stigmatize offshore wind, the most important economic development opportunity for Hampton Roads since the […]
How the main parties will help NZ’s economy recover from the COVID-19 pandemic
© Getty Images Labour, National, Act, NZ First and the Greens have all revealed their economic plans in an effort to get voted back into Parliament. How will New Zealand’s economy recover from COVID-19? That’s the question on every politician’s mind ahead of the […]
Coronavirus Digital Discussion: how the pandemic is affecting our local economy
PORTSMOUTH, Va. (WAVY) — The new year looked bright for Hampton Roads. Economists at Old Dominion University told 10 On Your Side that our region rang in 2020 projected to grow faster than the nation. Then the coronavirus came, and by April, businesses were closing and jobs were cut. “If […]
Dubai’s GEMS Downgraded Deeper Into Junk by Moody’s Over Economy
GEMS Education had its ratings cut by Moody’s Investors Service, a decision it said reflected the impact on the company’s credit ratios of the coronavirus pandemic and a weakening domestic economy. Moody’s downgraded the corporate family rating of GEMS MENASA Cayman Ltd., the entity that owns and operates schools in […]
Iran must look inward to address economy
Oct 12, 2020 Iranian Supreme Leader Ayatollah Ali Khamenei said today the country would never retreat in the face of new sanctions. During a video speech delivered to a military university, Khamenei addressed the new US sanctions and the maximum pressure strategy, saying, “We will not ignore the role of the […]