Friday, 05 June 2020
News with tag Economy  RSS
Stock futures indicate a rebound ahead of the May jobs report

Added: 05.06.2020 9:10 | 3 views | 0 comments

The economy is expected to shed 8 million jobs in May


Coronavirus is an ‘SOS signal for the human enterprise’

Added: 05.06.2020 8:53 | 4 views | 0 comments

The coronavirus pandemic is an “SOS signal for the human enterprise”, according to a leading economist and the United Nation’s environment chief, who warn that current economic thinking does not recognise that human wealth depends on nature’s health. “The language of economics is failing us the...

Tags: Economy
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Exclusive: Unfazed by pandemic, Bank of Japan to keep economic recovery view - sources

Added: 05.06.2020 8:10 | 0 views | 0 comments

The Bank of Japan is likely to maintain its projection that the economy will gradually recover in the latter half of this year, four sources familiar with its thinking said, heightening the chance it will forgo bold monetary easing steps at this month's rate review.

Tags: Japan, Economy

[Ticker] New EU cloud computing platform 'moonshot'

Added: 05.06.2020 6:01 | 5 views | 0 comments

A group of French and German companies have established a legal entity to run a European cloud computing platform called Gaia-X, aiming to compete with US and Chinese tech giants. These include Deutsche Telekom, Siemens, and Atos - formerly headed by the commissioner for the internal market Thierry Breton. German economy minister Peter Altmaier described Gaia-X as a "moonshot" on Thursday. The launch for Gaia-X is expected in early 2021.

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U.S. banks attract bargain hunters though hurdles to growth remain

Added: 05.06.2020 4:18 | 19 views | 0 comments

Investors eyeing a turnaround in the U.S. economy are piling into U.S. bank stocks even as some caution that positive stress test results and an abatement of loan losses will be needed to sustain a rally in the battered sector.


Trump signs executive order scaling back environmental reviews on infrastructure projects

Added: 05.06.2020 0:20 | 4 views | 0 comments

The actions are the latest efforts from the Trump administration to emphasize the economy and jobs over the environment and public health.

Tags: Jobs, Economy

China threatens to scrap UK trade deal after Boris stands up to Beijing over Hong Kong law

Added: 05.06.2020 0:04 | 23 views | 0 comments

A CHINESE state-run newspaper has warned the UK could face ‘substantial damage' to the economy after Prime Minister Boris Johnson stood up to Beijing over Hong Kong's security law.


Trump banks on the economy rebounding quickly without more government help — for now

Added: 04.06.2020 23:45 | 21 views | 0 comments

President Trump’s critics and some Republicans say being a jobs president requires having a jobs plan — and Trump is so far resisting rolling out his own legislative proposal.

Trade school doesn't provide certain path to jobs in COVID economy

Added: 04.06.2020 23:19 | 25 views | 0 comments

Kia McGuire had just 20 days of training left at the school where she was learning to be a barber when COVID-19 temporarily closed it. Here's the latest in the COVID Chronicles — the impact of the coronavirus on residents of 2020 battleground states amid the pandemic.

Tags: Jobs, Economy

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