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Big Economic Challenges Await Biden and the Fed This Fall

WASHINGTON — The U.S. economy is heading toward an increasingly uncertain autumn as a surge in the Delta variant of the coronavirus coincides with the expiration of expanded unemployment benefits for millions of people, complicating what was supposed to be a return to normal as a wave of workers re-entered the labor market. That dynamic […]

A path to global economic health is in sight

Coronavirus economic impact updates Sign up to myFT Daily Digest to be the first to know about Coronavirus economic impact news. The northern hemisphere is sweating through a second long summer of Covid-19. As the Delta variant gains ground in the US, Europe and even China, the contours of the global economic challenge are now […]

Europe’s economic recovery could slow down amid Delta variant

LONDON, UNITED KINGDOM – 2021/07/27: Women protect themselves from rain under an umbrella as they walk by a sign in a shop. SOPA Images | LightRocket | Getty Images LONDON — European consumers are proving more reluctant to spend money this summer, and it could hurt the economic recovery following the shock from Covid-19, experts […]

Consultants present six key economic development recommendations for Sunderland

SUNDERLAND — A Boston-based architecture and design office assigned as a consultant to Sunderland presented its recommendations for the town’s pandemic recovery during a recent Select Board meeting. The organization, OverUnder, was assigned to the town by the state government as a part of the Rapid Recovery Plan (RRP) Program. According to the state’s website, […]

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* Disclosure: This post contains affiliate links and we may earn a small commission if you use them. Dollar General has new sales this week including school supplies, a gift card discount for Bass Pro Shops and Cabela’s gift cards, Powerade, body wash, Gain, Xtra, bath tissue and more! Coupon: Get $5 off a $25 […]

Treasury to invoke ‘extraordinary measures’ as Congress misses debt-ceiling deadline

The Treasury Department will begin conducting emergency cash-conservation steps on Monday to avoid busting the federal borrowing limit after a two-year suspension of the debt ceiling expired at the end of July. Economists say those so-called extraordinary measures will allow Treasury to pay off the government’s bills without floating new debt for two to three […]

Will Economic Recovery Post Covid Be U-Shaped Or Tick-Shaped?

Wondering what to write about? Here are some topics to get you started “Every 15 Minutes, A Crime Is Committed Against A Dalit Person” Will We Find A ‘Cure’ For Caste-Based Violence? Start writing The Darker Side Of The System: What Do You Think Of Police Brutality In India? Start writing What Is One Movie […]

Economy Week Ahead: Factories, Trade, Employment

The U.S. employment report for July is the focus of this week’s economic indicators. MONDAY The Institute for Supply Management’s manufacturing index for July is expected to remain elevated as factory activity continues to expand. American manufacturers are enjoying strong demand from businesses and consumers, but struggling against supply-chain disruptions and shortages of workers and […]

Heavyweight Companies Enjoy Outsize Rewards as Economy Rebounds

Big companies raced ahead during the Covid-19 pandemic, leveraging the changes driven by the deepest business disruption in decades to grab a larger slice of the economic pie. Now, as the rich world bounces back from the shock, the heavyweights are extending that lead, spending more on investments and acquisitions, snapping up talent, employing big […]

Sustained recovery: US economy grew at solid 6.5% rate last quarter

WASHINGTON (AP) — Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession. Thursday’s report from the Commerce Department estimated that the nation’s gross domestic product — its total output of goods […]