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Most Americans worry they will never be financially stable [Video]

Most Americans worry they will never be financially stable

Seven in 10 Americans worry they will never be financially independent, according to new research.The study asked 2,000 Americans about their finances and how knowledgeable they feel on the..

Credit: SWNS STUDIO     Duration: 00:59Published
Covid update: Flight passengers infected; China's plan; Karnataka blockade [Video]

Covid update: Flight passengers infected; China's plan; Karnataka blockade

From over a dozen passengers on domestic Indian flights found to be infected, to Karnataka placing a complete travel blockade on people from 5 states - here are the top ten news updates on the Covid-19..

Credit: HT Digital Content     Duration: 04:15Published
German economy likely to shrink 6.6% this year [Video]

German economy likely to shrink 6.6% this year

The German economy is likely to shrink by 6.6% this year as a consequence of the coronavirus crisis before growing by 10.2% in 2021, the Ifo Institute said on Thursday in its latest update. Ciara Lee..

Credit: Reuters Studio     Duration: 01:15Published
EU unveils 750 bln euro plan for coronavirus recovery [Video]

EU unveils 750 bln euro plan for coronavirus recovery

The European Commission on Wednesday unveiled a plan to borrow on the market and then disburse to EU countries 750 billion euros in grants and loans to help them recover from their coronavirus slump...

Credit: Reuters Studio     Duration: 02:00Published
Slow economic recovery expected for Mississippi [Video]

Slow economic recovery expected for Mississippi

The state economist says Mississippi can expect a long, slow economic recovery from the shock of job losses and the steep decline in commercial activity tied to the coronavirus pandemic.

Credit: WXXVPublished
Virus could cost Mexico a million jobs: president [Video]

Virus could cost Mexico a million jobs: president

Mexican President Andres Manuel Lopez Obrador said on Sunday that the novel coronavirus could cost as many as a million jobs in the country as many industries considered not essential remain shut...

Credit: Reuters - Politics     Duration: 01:24Published
Japan seeks to end Tokyo's state of emergency, eyes $930 bln stimulus [Video]

Japan seeks to end Tokyo's state of emergency, eyes $930 bln stimulus

Japan is expected to lift its state of emergency over Tokyo, as it eyes a fresh stimulus relief package worth nearly $930 billion. Gloria Tso reports.

Credit: Reuters Studio     Duration: 01:05Published
Laid off? This group helps pay for job training [Video]

Laid off? This group helps pay for job training

This program is helping steer people towards reemployment by offering free personalized job search assistance, and connecting them to a training provider. That way, they can enhance their skills and..

Credit: WCPO Cincinnati     Duration: 01:58Published
Europe's week: Franco-German recovery plans, recession fears and US-China relations [Video]

Europe's week: Franco-German recovery plans, recession fears and US-China relations

Europe's week: Franco-German recovery plans, recession fears and US-China relations

Credit: Euronews English     Duration: 07:06Published
Macy's Loses $1 Billion In First Quarter Of 2020 [Video]

Macy's Loses $1 Billion In First Quarter Of 2020

The department store was forced to close its locations on March 18, causing sales to plunge by as much as 45%. CBS2's Mary Calvi reports.

Credit: CBS 2 New York     Duration: 00:30Published
Victoria's Secret To Close 251 Stores After Coronavirus Hit To Business [Video]

Victoria's Secret To Close 251 Stores After Coronavirus Hit To Business

Victoria's Secret is among the latest retail chains to be impacted by the economic recession created by the spread of coronavirus. CBS2's Mary Calvi reports.

Credit: CBS 2 New York     Duration: 00:26Published
China ditches GDP target for first time [Video]

China ditches GDP target for first time

China will refrain from setting a GDP target citing concerns over the coronavirus and global uncertainty, the country's premier said on Friday. Ciara Lee reports

Credit: Reuters Studio     Duration: 01:27Published
Midmorning Wtih Aundrea - May 21, 2020 (Part 1) [Video]

Midmorning Wtih Aundrea - May 21, 2020 (Part 1)

(Part 1 of 2) Many Americans say they will refuse to fly even after coronavirus restrictions are lifted. United Airlines is trying to allay customer fears by instituting new cleaning procedures and..

Credit: WCBIPublished
'We need to do more': California schools face daunting task of reopening amid recession [Video]

'We need to do more': California schools face daunting task of reopening amid recession

Lonnie Wong reports

Credit: KTXL     Duration: 01:40Published
UK inflation slumps to lowest since 2016 as coronavirus hits [Video]

UK inflation slumps to lowest since 2016 as coronavirus hits

Britain's inflation rate sank in April to its lowest since August 2016 as the coronavirus pandemic pushed down global oil prices and clothing stores slashed prices, bolstering the prospect of more Bank..

Credit: Reuters Studio     Duration: 01:29Published
Equity indices hold firm, pharma and financial stocks up [Video]

Equity indices hold firm, pharma and financial stocks up

Equity benchmark indices gained for the second consecutive day on Wednesday as heavy buying was witnessed in pharma and financial stocks. The BSE SandP Sensex closed 622 points or 2.06 per cent higher..

Credit: ANI     Duration: 01:16Published
Teachers union responds to school district budget shortfall [Video]

Teachers union responds to school district budget shortfall

NEWS: The district faces a 37.8 million dollar budget shortfall because of the coronavirus.

Credit: KTNV Channel 13 Las Vegas     Duration: 02:01Published
Last Time Investors Were This Bearish on Value Was Right Before Great Recession -- ICYMI [Video]

Last Time Investors Were This Bearish on Value Was Right Before Great Recession -- ICYMI

The point: the nature of the current crisis could mean we're in for another bout of economic and market turmoil.

Credit: The Street     Duration: 02:58Published
No quick economic bounce back warns Chancellor [Video]

No quick economic bounce back warns Chancellor

The UK economy may not bounce back straightaway from the massive crisis caused by the coronavirus pandemic, the Chancellor has said. Rishi Sunak said he is not counting on the “V-shaped” recovery..

Credit: PA - Press Association STUDIO     Duration: 00:56Published
Midmorning With Aundrea - May 19, 2020 (Part 1) [Video]

Midmorning With Aundrea - May 19, 2020 (Part 1)

(Part 1 of 2) It's been an intense allergy season, and trying to figure out if your symptoms are allergies or COVID-19 is making many people feel anxious and stressed. We'll explore the key differences..

Credit: WCBIPublished
CCSD trustees approve final budget [Video]

CCSD trustees approve final budget

Next year's CCSD budget shortfall could be one of the largest since the great recession. The board of trustees approved the final budget last night.

Credit: KTNV Channel 13 Las Vegas     Duration: 00:19Published
Obama Criticizes Trump's Response To Coronavirus Pandemic [Video]

Obama Criticizes Trump's Response To Coronavirus Pandemic

Former President Barack Obama gave a college commencement address that criticized President Donald Trump’s coronavirus response. Obama spoke to the class of 2020 for 74 historically black colleges..

Credit: Wochit     Duration: 00:32Published
MorningLine: The Rebound: How COVID_19 Changed Our Economy P.1 [Video]

MorningLine: The Rebound: How COVID_19 Changed Our Economy P.1

Our state continues to rebound from the coronavirus. Our economy is starting to re-open, but how quickly can we get back on track? Are we looking at a prolonged recession? These are some of the..

Credit: NewsChannel 5 Nashville     Duration: 11:06Published
MorningLine: The Rebound: How COVID_19 Changed Our Economy P.2 [Video]

MorningLine: The Rebound: How COVID_19 Changed Our Economy P.2

Our state continues to rebound from the coronavirus. Our economy is starting to re-open, but how quickly can we get back on track? Are we looking at a prolonged recession? These are some of the..

Credit: NewsChannel 5 Nashville     Duration: 10:15Published
Japan sinks into recession, worst yet to come [Video]

Japan sinks into recession, worst yet to come

Japan has slipped into recession for the first time in four and a half years, putting the nation on course for its deepest postwar slump as the global health crisis continues taking a heavy toll on..

Credit: Reuters Studio     Duration: 01:26Published

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An Unexpected Blow To The ECB (Part II) – Analysis

an unexpected blow to the ecb (part ii) – analysis
**The corona effect** Although the German court ruling had nothing to do with this latest wave of easing and money printing triggered by the coronavirus crisis, the timing of it puts the present..
Eurasia Review - Published

Older Men Worry Less Than Others About COVID-19

Older men may be at greater risk of contracting COVID-19 because they worry less about catching or dying from it than women their age or than younger people of both sexes, according to a new study by..
Eurasia Review - Published

Government’s Stimulus Program To Boost Consumer Spending

The world has been experiencing an unprecedented economic downturn due to the COVID-19 pandemic. A significant number of economic activities have shut down, causing contractions in global output, as..
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Gallup Poll Shocker: 71% in US Believe Economy in Recession or Depression

The latest Gallup discovered that 71% of Americans say the U.S. is in economic depression or recession amid the seemingly endless economic lockdown sparked by the coronavirus pandemic.
Newsmax - Published

Mexico: The last centavos for a trip to the food bank

Food banks are a lifeline for Mexico's needy, and never more than during the current pandemic. But with a recession looming, they are at risk of losing donations, as Sandra Weiss reports from Puebla,..
Deutsche Welle - Published

Powell: Fed Policies 'Absolutely' Don't Add to Inequality

Federal Reserve Chairman Jerome Powell cast the central bank’s actions during the coronavirus crisis as aimed squarely at helping U.S. workers, a tactic to head off criticism which has dogged it..
Newsmax - Published

Why CBN slashed monetary policy rate – Official

The committee said Nigeria could escape a recession if concerted efforts were sustained to stimulate output. The post Why CBN slashed monetary policy rate – Official appeared first on Premium..
Premium Times Nigeria - Published

What you need to know today about the virus outbreak

U.S. consumer spending plunged by a record-shattering 13.6% in April as the pandemic shuttered businesses, forced millions of layoffs and sent the economy into deep recession. Europe’s extensive..
SeattlePI.com - Published

Fed Chair Jerome Powell says the coronavirus recession has been a 'great increaser of income inequality' — with low-paid workers and women bearing the brunt of the fallout

fed chair jerome powell says the coronavirus recession has been a 'great increaser of income inequality' — with low-paid workers and women bearing the brunt of the fallout
· Fed Chair Jerome Powell said the pandemic was "a great increaser of inequality" at an online event hosted by Princeton University. · "The pandemic is falling on those least able to bear its..
Business Insider - Published

Community Colleges Prepare For Fall Semester Amid Coronavirus

community colleges prepare for fall semester amid coronavirus
Watch VideoOnline learning is nothing new for many of the country’s 1,050 community colleges. “We at Montgomery College have been doing distance learning for years," said Marcus Rosano,..
Newsy - Published

India Heads for Recession as GDP Growth Dips to Lowest Since 2012


RIA Nov. - Published

Pandemic Crisis And Recession Can Spark Fight For Real Change In US – OpEd

American workers have a huge opportunity as a result of this coronavirus pandemic — an opportunity to massively expand union membership in the workplace, and a chance, after decades of being ignored..
Eurasia Review - Published

3 Top Stocks to Recession-Proof Your Portfolio

Defensive stocks don't have to be stodgy consumer companies.
Motley Fool - Published

U.S. consumer spending sinks by record 13.6% in face of virus

U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.
Newsday - Published Also reported by •SeattlePI.comSeattle Times

Redefining the Core in a new era

It feels both strange and heartening to be editing the Business Journal’s annual Redefining the Core report. Last year at this time, the economy was humming along, and Sacramento had a robust lineup..
bizjournals - Published

Brazil GDP falls most since 2015 as COVID-19 hits family budgets

Brazil's economy contracted in the first quarter by the most in nearly five years, data showed on Friday, as the coronavirus outbreak slammed the brakes on a fragile recovery and pushed the country..
Reuters India - Published

An elite 'ultra growth' investor explains how he's beating the market in 2020 — and analyzes 4 stocks he thinks will help him stay on top for the next 5 years

an elite 'ultra growth' investor explains how he's beating the market in 2020 — and analyzes 4 stocks he thinks will help him stay on top for the next 5 years
· John Malooly's Wasatch Ultra Growth Fund has been one of the best small-company funds in the world throughout his eight-year tenure.  · In a market where bargains have become hard to find, he..
Business Insider - Published

The UK made just 197 cars last month, a drop of 99.7% as coronavirus tanks factory output

the uk made just 197 cars last month, a drop of 99.7% as coronavirus tanks factory output
· The UK produced only 197 cars in April, 99.7% lower than its output in April 2019, with production almost entirely stopped by coronavirus, the Society of Motor Manufacturers and Traders said on..
Business Insider - Published

3 Recession-Proof Gems To Hold Forever

These three companies will keep your portfolio afloat during the recession: Nutrien Ltd (TSX:NTR)(NYSE:NTR), Canadian National Railway (TSX:CNR)(NYSE:CNI) and Barrick Gold (TSX:ABX)(NYSE:GOLD). The..
Motley Fool - Published

The coronavirus pandemic is messing with how economic data is produced, and making it hard to work out how badly it's hitting the global economy, the IMF says

· The coronavirus is skewing economic data and making it hard to collect, which is in turn making it difficult to understand the full scale of the virus' impact on the world economy, the International..
Business Insider - Published

France GDP Contracts Less Than Estimated In Q1

The French economy contracted less than initially estimated in the first quarter but remained in a deep recession as coronavirus pandemic weighed on spending, investment and exports, detailed results..
RTTNews - Published

French economy shrinks at fastest pace in 50 years; worse to come

France's economy contracted less than initially thought in the first quarter but it still plunged deep into recession and the worst is yet to come, official data showed on Friday.
Reuters India - Published

French economy shrank less than first thought in first quarter - INSEE

France's economy contracted less than initially thought in the first quarter, although it remained mired deep in recession due to a coronavirus lockdown, data from the INSEE official stats agency..
Reuters India - Published

Asia shares fall as US-China tensions douse rally on Wall St

BANGKOK (AP) — Shares fell Friday in Asia as investors awaited a news conference about China by President Donald Trump later in the day. Benchmarks declined in Hong Kong, Tokyo and Sydney but rose..
SeattlePI.com - Published

'Huge job losses and harsh austerity measures will take its toll' - Academic warns major recession could spark mental health crisis

'huge job losses and harsh austerity measures will take its toll' - academic warns major recession could spark mental health crisis
A mental health expert has said the effects of a recession brought on due to coronavirus restrictions could have big implications for psychological wellbeing.
Belfast Telegraph - Published

China Will Enact Hong Kong National Security Laws, Which May be not a Bad Thing for the United States

china will enact hong kong national security laws, which may be not a bad thing for the united states
*NEW YORK, NY / ACCESSWIRE / May 29, 2020 /* This newspaper's correspondent in Beijing reported on May 28 that the National People's Congress and the Chinese People's Political Consultative Conference..
Accesswire - Published

India’s key growth engine grinds to halt in sign of slump

From call centers to hotels to airlines, India’s key services industries have come to a standstill during the coronavirus outbreak, dragging the economy into possibly its worst recession on record.
IndiaTimes - Published

Everything old is new again: Spotlight on important shifts in private equity terms for companies and investors

Every 10 years or so, the power dynamic between companies and private equity investors seems to shift from one group to the other. The early 2000s recession saw the pendulum swing to favor investors,..
bizjournals - Published

Opinion: The federal government must adapt to crisis

Effective leaders look to the past to chart a course forward. Bold and decisive actions to support our economy, as those taken by Congress, demonstrate how a strong federal government can mitigate..
bizjournals - Published

WH Won't Release Midyear Economic Update That Would Document Recession

The White House won't release its official midyear economic update - avoiding going public with data documenting the plunge into recession during the coronavirus pandemic or predicting the economy's..
Newsmax - Published

The CEO of Nutanix says he's not 'drinking the Kool Aid of everything remote' and explains why he thinks hybrid workplace will likely be the norm (NTNX)

the ceo of nutanix says he's not 'drinking the kool aid of everything remote' and explains why he thinks hybrid workplace will likely be the norm (ntnx)
· *Nutanix pivoted to a remote workforce like most tech companies, but CEO Dheeraj Pandey said he doesn't think embracing that as a permanent model is practical.* · *Pandey said he is leaning toward..
Business Insider - Published

Wall Street firm that nailed the market bottom now expects the S&P 500 to jump 8% by the end of August

wall street firm that nailed the market bottom now expects the s&p 500 to jump 8% by the end of august
· *A Wall Street firm that nailed the market bottom now expects the S&P 500 index to jump 8% to 3,250 by the end of August.* · *In a note published on Wednesday, Stifel abandoned its previous price..
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White House won't issue economic projections this summer

WASHINGTON (AP) — The White House will not release its official midyear economic update this summer, declining to put its stamp on data documenting the plunge into recession during the coronavirus..
SeattlePI.com - Published Also reported by •Seattle Times

Corporate profit decline in first quarter is most dramatic since 2008 recession


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If the Fed takes interest rates negative, it will do so in spectacular fashion and avoid 'dipping a policy rate toe' below zero, Standard Chartered said

if the fed takes interest rates negative, it will do so in spectacular fashion and avoid 'dipping a policy rate toe' below zero, standard chartered said
· Standard Chartered said if the Fed were to introduce negative interest rates, it would have to be at least -0.5% or -1%, in what the bank called a "Hail Mary" move. · "No one likes trying a 'Hail..
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Why the coronavirus crash is hurting women more than men

In contrast to the Great Recession, female workers account for most of the layoffs triggered by COVID-19.
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How 23 rising star enterprise VCs got their start in venture — and what other rookie professionals can do to break into the notoriously exclusive industry

how 23 rising star enterprise vcs got their start in venture — and what other rookie professionals can do to break into the notoriously exclusive industry
· Business Insider recently identified 23 junior venture capitalists as rising stars in the enterprise investing community.  · We asked the nominees what they would share with other young..
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Assessing the COVID-19 Effect: Precast Concrete Manufacturers Face Substantial Impediments amid Pandemic; Material and Labor Shortages Creating Headwinds

assessing the covid-19 effect: precast concrete manufacturers face substantial impediments amid pandemic; material and labor shortages creating headwinds
*Major precast concrete producers are seeking to edge out the competition by tracking developments in high growth regions, and being the first to send out precast concrete stocks after restrictions on..
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The Trump administration won't release an official economic projection for the first time in decades as the US grapples with a historic downturn

the trump administration won't release an official economic projection for the first time in decades as the us grapples with a historic downturn
· The Trump administration is opting against publishing an economic forecast that would almost certainly illustrate sharp reductions in growth and high unemployment ahead of the November election. ·..
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Arctic communities are living in a future nobody wants

The main stem of the Mackenzie River flows wild and uninterrupted by dams across Canada, as it has since the recession of the Laurentide Ice Sheet. Draining the eastern end of the Great Slave Lake,..
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Fact check: Do Republican presidents oversee recessions and Dems oversee recoveries?

Have only GOP leaders since Reagan had recessions? Not quite. Democratic presidents oversee recoveries, but Obama still had to tackle recession.
USATODAY.com - Published

Columbus economy hit by economic derecho

It’s been a decade since the last official recession, but most small businesses experience plenty of challenges even without a national economic slowdown. Like trees that get stronger swaying in the..
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These are the 8 mega-billionaires who have gotten the biggest boost to their net worth this year as the world has grappled with coronavirus

these are the 8 mega-billionaires who have gotten the biggest boost to their net worth this year as the world has grappled with coronavirus
** · *The coronavirus pandemic has roiled global markets, which have whiplashed over the last two months. * · *While the Nasdaq has recovered from the March market meltdown, the S&P 500 and Dow..
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EU pledges to stay green in recovery from coronavirus

BRUSSELS (AP) — The European Commission pledged Thursday to stay away from fossil-fueled projects in its coronavirus recovery strategy, and to stick to its target of making Europe the first climate..
SeattlePI.com - Published

PJSC Mechel : Mechel Ups Sales of Railway Products

pjsc mechel : mechel ups sales of railway products
*MOSCOW, RUSSIA / ACCESSWIRE / May 28, 2020 / *Mechel PAO (MOEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, reports increased sales of rails and sections for wagon..
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Grapefruit/GPFT Announces Filing Amendment No. 3 to Key Funding Registration Statement; Plans to Formally Reapply to OTCQB

grapefruit/gpft announces filing amendment no. 3 to key funding registration statement; plans to formally reapply to otcqb
*LOS ANGELES and DESERT HOT SPRINGS, CA / ACCESSWIRE / May 28, 2020 /* Grapefruit USA, Inc., (OTC PINK:GPFT) ("Grapefruit" or the "Company") a California based cannabis company, is announcing today..
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