Latest news and video coverage curated from trusted media outlets
Decision day in the race for Eurogroup presidency
Credit: euronews (in English) Duration: 01:52Published
Otsego County Sales Tax Revenue Loss
Financial Focus for July 7, 2020
Credit: KTNV Channel 13 Las Vegas Duration: 00:51Published
5 Warning Signs of a Financial Downturn in the Economy
Credit: GOBankingRates Duration: 01:01Published
EU to experience 'even deeper recession' than anticipated, as new forecast predicts 8.7% contraction
Credit: euronews (in English) Duration: 02:11Published
Survey: Nearly one in three Americans feel less patriotic
Credit: 41 Action News Duration: 02:24Published
'Summer on the Cuyahoga' helping college students find internships, jobs during pandemic summer
Credit: WEWS NewsChannel5 Duration: 02:08Published
In Good Company: False Ego
Credit: 7News - The Denver Channel Duration: 01:49Published
UK Coronavirus: What Is A Recession?
Credit: HuffPost UK STUDIO Duration: 01:10Published
Interserv prepares for the recession
5 Financial Moves To Make During a Recession
Credit: GOBankingRates Duration: 01:04Published
Johnson announces 'New Deal' to prepare for coronavirus economic shock
Credit: PA - Press Association STUDIO Duration: 01:56Published
Rubicon, Telaria Rebrand As ‘Magnite’ With Independence In Mind: CEO Barrett Speaks
Credit: BeetTV - Affiliate Duration: 05:49Published
Retraining for recession-resilient jobs
Credit: ABC 10 News | San Diego Duration: 02:07Published
The Rebound Detroit: Internships go virtual during COVID-19 pandemic
Credit: WXYZ Detroit Duration: 03:39Published
Legalizing weed could boost economic recovery
Millennials Weather 2 Major Recessions, Bound To Impact Way They Invest
Credit: Wochit Duration: 00:33Published
Women are hardest hit by unemployment
Credit: KTNV Channel 13 Las Vegas Duration: 00:55Published
IMF predicts deeper global recession
Credit: Reuters Studio Duration: 01:11Published
Bloomberg Economists Revise Forecast To Be Even Grimmer
Credit: Wochit Duration: 00:40Published
Credit: PennyGem Duration: 01:09Published
Lessons learned: 2008 recession compared to COVID-19 recession
Credit: KMTV Action 3 News Duration: 02:57Published
Destination Staycation - Retreat by Oakstone
Credit: WDEF CBS Chattanooga, TNPublished
Tips On How To Weather The Recession
Credit: CBS 4 WCCO Minnesota Duration: 04:28Published
Investors cautious on virus rise, jobless data
Credit: Reuters Studio Duration: 02:06Published
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Powerful euro single currency bloc to pick new presidentBRUSSELS (AP) — The powerful group of countries using Europe’s single currency will choose a new president on Thursday, with three candidates vying for the challenging task of leading the 19-nation..
German exports regain ground in May, but a long way to goBERLIN (AP) — German exports regained some ground in May, though the gain was far short of making up for big losses at the height of the coronavirus pandemic in Europe, official figures showed..
US stocks gain, lifted by tech, amid investor optimism around economic reopening· *US stocks rose on Wednesday as investors assessed economic-reopening efforts in the face of climbing coronavirus cases, which hit a single-day record of 60,000 on Tuesday.* · *The surge in new..
UK gets creative: job bonus and eating out schemes announcedLONDON (AP) — The British government introduced a new bonus scheme on Wednesday that it hopes will limit the anticipated spike in unemployment as a result of the pandemic and announced a series of..
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STARTUPS TO WATCH: Here are the startups VCs are betting on in every corner of tech· *New startups launch in tech ever week, while billions of dollars are invested in startups every year.* · Many of these startups never get off the ground. But some make their employees and..
Philippines virus cases soar past 50,000 as lockdown easesMANILA, Philippines (AP) — Confirmed coronavirus infections in the Philippines soared past 50,000 on Wednesday in a troubling milestone for a country that has reopened an economy on the brink of..
Also reported by •Seattle Times
Brooks Brothers files for bankruptcy, plans to close dozens of storesThe coronavirus recession has done in one of the nation’s oldest and best known retailers: Brooks Brothers. The 202-year brand that claims to have dressed all but four U.S. presidents and legions of..
Study of COVID-19 Effect: Suspension of Manufacturing Activities to Moderately Impact Gear Measuring Machines Market*Gear measuring machines manufacturers are investing in capacity expansions and supply chain optimization to mitigate losses arising during the coronavirus crisis.* *ROCKVILLE, MD / ACCESSWIRE /..
Famed clothier Brooks Brothers files for bankruptcyNEW YORK (AP) — The storied Manhattan clothier Brooks Brothers is filing for bankruptcy protection. The company that says it's put 40 U.S. presidents in its suits survived two world wars and..
Trump's last line of defense is the economy. Biden and Democrats must knock it down.It is our job as Democrats to show voters that Trump's handling of COVID-19 led to the recession and economic devastation in their local communities.
UK Treasury chief plans boost to youth jobsLONDON (AP) — British Treasury chief Rishi Sunak on Wednesday is set to announce a 2-billion-pound ($2.5 billion) program to create jobs for young people as the government tries to revive an economy..
Asian shares mostly lower as pandemic saps buying momentumTOKYO (AP) — Shares were mostly lower in Asia on Wednesday as uncertainty over the coronavirus pandemic sapped the buying enthusiasm that has been driving prices higher. The selling followed a..
Also reported by •Seattle Times
How major US stock indexes fared TuesdayTechnology companies and banks helped drive stocks broadly lower on Wall Street Tuesday as the market gave back some of the big gains it made the past couple of weeks. The sell-off snapped the S&P..
Dow falls 397 points as coronavirus concerns smother tech rally· *US equities slumped on Tuesday, ending a five-session winning streak as soaring COVID-19 infections across the nation revived fears of a prolonged recession.* · * Facebook, Apple, Amazon,..
'People are getting nervous again': Fed president says virus resurgence could prematurely freeze economic recovery· The coronavirus' rapid spread throughout several states could dramatically slow the US economic rebound, Raphael Bostic, president of the Federal Reserve Bank of Atlanta, said in a Tuesday web..
Pandemic's Economic Cost Grows, E.U and O.E.C.D. WarnSoaring unemployment will take years to control, and Europe’s recession looks deeper than it did in May, two reports find.
US home prices will fall 6.6% over the next year as COVID-19 fallout worsens, report says· *US home prices are set to fall 6.6% over the next year as the coronavirus pandemic fallout worsens, according to a Tuesday report from CoreLogic. * · *The group's home price index increased 4.8%..
Hiring soared in May as mass layoffs easedWASHINGTON (AP) — The job market took a big step toward healing in May, though plenty of damage remains, as a record level of hiring followed record layoffs in March and April. The Labor..
'An essential tool:' 156 top economists call for recurring stimulus checks until the economy recovers from the coronavirus pandemic· In a recent open letter, 156 top economists urged policymakers to implement ongoing direct-cash payments to boost the economy and keep struggling people afloat. · "Direct cash payments are an..
Dow slips 220 points as spiking COVID-19 cases dent economic-reopening hopes· *US equities slid on Tuesday as spiking COVID-19 infections across the nation revived fears of a long economic downturn.* · *A new report from the Organization for Economic Cooperation and..
Vatican cardinal: peace is threatened as health and economic crises continueVatican City, Jul 7, 2020 / 07:40 am (CNA).- A Vatican cardinal has said that the world is facing a “tsunami” of humanitarian crises caused by the coronavirus emergency, conflict, and decreased..
There's growing evidence that economies which fought coronavirus aggressively at the start of the pandemic are bouncing back faster than those slow to act. Just look at Germany and Vietnam.· *A growing body of evidence in the form of economic indicators suggests that the countries that locked down the fastest and in the most aggressive fashion at the start of the coronavirus pandemic..
LM Funding Announces Compliance with Bid Price*TAMPA, FL / ACCESSWIRE / July 7, 2020 / LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"),* a technology-based specialty finance company, today announced that it has received a..
Viewpoint: Sick leave mandate rightly hinderedThe Texas Supreme Court has given Austin employers some much needed certainty in these very uncertain times. By declining to hear the city of Austin’s paid sick leave case, the Supreme Court left..
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Atlanta Fed president Bostic warns of a 'bumpier' road ahead, and says the US economy's recovery is 'leveling off' as COVID-19 cases surge· The Federal Reserve Bank of Atlanta's chief Raphael Bostic has warned that he is seeing signs of a "leveling off" of the US economy's recovery. · "There are a couple of things that we are seeing..
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A first-time founder who just launched a new food hall startup shares 5 tips for starting a business during a crisis· The world is set to plunge deeper into recession, but that has not stopped ambitious founders from setting up new companies and raising capital. · One such founder is Dan Warne, formerly a senior..
Surge In Coronavirus Cases Could Short-Circuit Economic RecoveryRestaurants, retail shops, and other service industries are starting to bounce back from the deep recession. But those gains could be jeopardized by a new surge of coronavirus infections.
Brussels slashes EU growth forecastsEuropean Commission warns bloc will suffer ‘significantly’ deeper recession than previously anticipated
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2022 Qatar World Cup cuts jobs after ' efficiency exercise'Organizers of the 2022 World Cup have become the latest Qatari state entity to make staff redundant. The World Cup organizing committee did not directly cite the financial impact of the coronavirus..
Warren Buffett just made his first major deal since 2016. Here are Berkshire Hathaway's 10 biggest acquisitions so far.· *Warren Buffett's Berkshire Hathaway just closed its first major takeover since 2016 by acquiring Dominion Energy's natural gas transmission and storage business. * · *Berkshire had $137 billion..
Stocks could fall 40% in a collapse mimicking the Great Depression, famed economist Gary Shilling says· *The stock market faces a reckoning when investors come to terms with the coronavirus' long-term economic damage, legendary economist Gary Shilling said.* · *Shilling — who correctly called the..
A gauge of US service activity posts is biggest monthly jump since 1997 as the economy reopens· The Institute for Supply Management's non-manufacturing index jumped 11.7 points to 57.1 in June, according to a Monday report. · It's the largest ever single-month jump for the index, and pushes..
Will Covid-19's impact on your business give you a property tax break this fall?Local property owners are about to receive a tax bill that likely will be the highest they’ve ever received but in the midst of an economic recession that’s the worst of their lives.
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AP Explains: 5 key takeaways from a strong June jobs reportWASHINGTON (AP) — At first glance, the June employment report was a blockbuster. The U.S. economy produced a record 4.8 million added jobs last month, walloping expectations. And the unemployment..
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