Still, concerns have mounted internally over how the spread of the variant could impact parts of the economy, particularly if it fuels a sense of uncertainty that drags down spending and growth overall. For instance, some Biden administration officials fear that the virus could deepen the wave of early retirements among older American workers — […]
The dollar index fell 0.22% to 92.70. The rupee slipped by 2 paise to close at 74.42 (provisional) against the U.S. dollar on July 26, snapping its three-day gaining streak amid a muted trend in domestic equities. Forex traders said the rupee is trading in a narrow range as investors are awaiting cues from the […]
Federal Reserve updates Sign up to myFT Daily Digest to be the first to know about Federal Reserve news. Wealth inequality in the US has reached a record level since the beginning of the coronavirus outbreak, and the Federal Reserve is partially responsible, despite its efforts to boost job prospects for people on low incomes, […]
Economist Stephen Roach warns Beijing’s crackdown against U.S.-listed China stocks will have widespread market implications. Roach, who is considered one of the world’s leading experts on Asia, believes the actions are signaling the early stages of a cold war. “I am a congenital optimist when it comes to China. But I find these actions really […]
The U.S. economy likely returned to its late-2019 size during the three months through June, helping to lift global output above its pre-pandemic level for the first time. Economists surveyed by The Wall Street Journal estimate that figures to be released Thursday will show that the U.S. gross domestic product rose at an 8.5% seasonally […]
‘Tsunami of economic effects’ to hit Morgantown economy after ex-Mylan plant closure, new study finds Huntington Herald Dispatch Read more…
Source : Dreamstime Melakou Tegegn The current trans-Atlantic powers’ (US and EU) negative reaction towards the crisis in Tigray and the Nile dam and the concurrent reaction mainly by the Ethiopian media seem to have somehow eclipsed the real nature of the US. One has to situate what the US really is within the context […]
The U.S. economy caught fire in the spring and it’s still running pretty hot this summer, but a new strain of the coronavirus is threatening to cast a chill over the recovery. Worries about the so-called delta strain sent a shiver through investors last week after the number of people catching the virus quickly climbed […]
US Treasury bonds updates Sign up to myFT Daily Digest to be the first to know about US Treasury bonds news. Back when Hollywood was fully functional, horror movies were reliably released around Halloween, or, sometimes, whenever there was a Friday the 13th. This year, though, the horror movie in US Treasuries, the mother of […]
Economy By Frederica Freyberg | Here & Now July 23, 2021 • Southeast Region Copy and Paste the Following Code to Embed this Video: Milwaukee County Executive David Crowley reacts to the Milwaukee Bucks NBA Championship and how the team and its home at the Fiserv Forum in the city’s downtown are boosting the local […]
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