By David Lawder and Jan Strupczewski WASHINGTON/BRUSSELS (Reuters) – Global finance leaders on Tuesday said the world economy had escaped a coronavirus-triggered collapse so far, but warned that failure to conquer the pandemic, maintain stimulus and tackle mounting debt among poor nations could crush a fragile recovery. At the start […]
recovery
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) […]
JPMorgan, Citi profits improve amid signs of recovery
CHARLOTTE, North Carolina (AP) — Two of the nation’s biggest banks — JPMorgan Chase and Citigroup — said Tuesday that their profits improved markedly over the summer, as the U.S. economy tried to bounce back from the coronavirus shutdowns that were imposed earlier this year. Even so, both banks warned […]
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 […]
Hundreds of business get loans from Small Business Recovery Act
Mike Smith, Carlsbad Current-Argus Published 9:50 a.m. MT Oct. 12, 2020 CLOSE Buy Photo Eligibility requirements of the 2020 Small Business Recovery Act were discussed during a meeting of the New Mexico Finance Authority Oversight meeting on Oct. 9, 2020. (Photo: Mike Smith Current-Argus) Nearly 500 New Mexico businesses were approved […]
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 […]
UK GDP grows by 2.1% in August as economy’s recovery slows
UK GDP grew by 2.1% as the economic recovery in the country runs out of steam. © Provided by Evening Standard It follows growth of 6.4% in July, 9.1% in June and 2.7% in May. The ONS said: “The level of output has not fully recovered from the record falls […]
Leveraging digital advertising during pandemic for quicker recovery
Many auto dealerships drastically cut back their overall ad spending during the springtime COVID-19 lockdowns as a way to preserve as much of their bottom line as possible. After all, the annual pace of sales fell sharply to 8.47 million in April, down from the 17.05 million level it was […]
UK economy grew 2.1% in August as recovery slowed down, despite Eat Out to Help Out scheme
The UK economy grew 2.1 per cent in August as the recovery from lockdown slowed, despite Rishi Sunak’s Eat Out to Help Out scheme, official figures show. © Provided by The Independent It came after a 6.6 per cent increase in output in July but means the economy remains 9.2 […]
Report predicts the Maryland financial impact if job market recovery stalls | Local News
A week after submitting an optimistic financial report, Maryland’s financial forecasters on Friday released a gloomier alternative picture of what the state’s finances could look like if the labor market’s recovery stalls. The results, while substantially lower than the most recent September report, still come in above the worst-case scenario […]
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 […]
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 […]
Report predicts the Maryland financial impact if job market recovery stalls | Instant
A week after submitting an optimistic financial report, Maryland’s financial forecasters on Friday released a gloomier alternative picture of what the state’s finances could look like if the labor market’s recovery stalls. The results, while substantially lower than the most recent September report, still come in above the worst-case scenario […]
Enterprise Resource Planning Software Market | Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic | Technavio
LONDON–(BUSINESS WIRE)–The global enterprise resource planning software market to register an incremental growth of USD 19.52 billion, witnessing a CAGR of almost 9% during 2020-2024, according to the latest market research analysis by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the enterprise resource […]
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 […]
Broadstone Net Lease- The K-Shaped Recovery Makes The Newest Net Lease REIT A Buy (NYSE:BNL)
Thesis Broadstone Net Lease went public in late September of this year. The company’s diversified portfolio insulates it from covid risks. Its stable properties have been protected by essential tenants, keeping rental collections above 90% for Q2. With a superior portfolio, ample acquisition opportunities post-IPO, and a discounted valuation, Broadstone […]
UK economy grew less than expected in August, as recovery from the coronavirus pandemic slows
LONDON – The U.K. economy grew 2.1% in August on a monthly basis, as the country’s gradual recovery from the coronavirus crisis continued, albeit at a slightly slower pace. © Provided by CNBC The White Lion pub seen at the Covent Garden. UK Covid-19 cases are now doubling every seven […]