Latest News About «Economy»:

    PITTSBURGH (KDKA) — A student at Carnegie Mellon University is speaking out about a recent ICE ruling. International students with F-1 or M-1 visas will not be allowed to participate in a fall semester that is online only. The CMU student, who did not want to be identified, is speaking out against the rules released by the Trump Administration. “I think it’s not only cruel but xenophobic during the current pandemic,” said the student. The student is speaking...
    A CORONAVIRUS vaccine could be more than two years away in a blow that could cripple the global economy, former New Zealand leader Helen Clark has warned. Her warning comes as she has been named to co-chair a panel to review the World Health Organisations (WHO) handling of the coronavirus pandemic. ⚠️ Read our coronavirus live blog for the latest news & updates 4Helen Clark warned of dire economic impacts from the pandemicCredit: Getty - Contributor 4Scientists in 180 projects...
    Robert Kaplan, president of the Federal Reserve Bank of Dallas, said the economy would improve if people wore a mask, in a Friday interview with Maria Bartiromo on the Fox Business Network. “If we all wore a mask, it would substantially mute the transmission of this disease and we would grow faster,” said Kaplan. “While monetary and fiscal policy have a key role to play, the primary economic policy from here is broad mask-wearing and good execution of these health care...
    DENVER (CBS4) — On Friday, Denver Mayor Michael Hancock urged people not to gather in large groups, and outlined the metrics that will determine whether the city will have to “pause” or even rollback reopening. “If we see confirmed cases start doubling over two weeks, or our positivity rate reaches 7%, or hospitalization rates increase to 20% — and we’re at 11% as of July, 3 — and hospital capacity reaches 90% occupied — and today we’re at 72%,” Mayor...
    DENVER (CBS4) — On Friday, Denver Mayor Michael Hancock urged people not to gather in large groups, and outlined the metrics that will determine whether the city will have to “pause” or even rollback reopening. “If we see confirmed cases start doubling over two weeks, or our positivity rate reaches 7%, or hospitalization rates increase to 20% — and we’re at 11% as of July, 3 — and hospital capacity reaches 90% occupied — and today we’re at 72%,” Mayor...
    This article was paid for by AlterNet subscribers. Not a subscriber? Try us and go ad-free for $1. Prefer to give a one-time tip? Click here. Joe Biden is starting to let us in on how he plans to revive an economy that has been ravaged by Donald Trump’s mismanagement and a historic pandemic if he assumes the presidency next year, and there are some places where he’s moving in the right direction and some places where he should...
    A couple of months ago, I remember arguing that it would be fairly easy to restart the economy once we had defeated COVID-19. My reasoning was pretty simple: unlike a normal recession, which breeds a tremendous amount of uncertainty, an artificial recession can be brought to a clean end. Once COVID-19 is gone, businesses can be certain that the economy will recover immediately, especially since government aid programs ensured that consumers had plenty of money saved up to begin buying...
    Many far-right allies of President Donald Trump, from Sen. John Kennedy of Louisiana to Texas Lt. Gov. Dan Patrick to radio host Glenn Beck, have railed against Democratic stay-at-home orders and argued that too much social distancing is strangling the U.S. economy. But economists Steven Berry and Zack Cooper, in a Politico op-ed published on July 10, argue that the only way to “restore” the U.S. economy is to seriously slow down the spread of coronavirus — and doing so is going...
    Further efforts are necessary to restore the nations economy, including further paycheck protection funds and looking at the flexibility of state and local entities concerning enhanced unemployment payments, which are due to end at the end of July, Sen. Shelley Moore Capito said Friday.  I think well probably look at PPP and probably try to tailor it more to the remaining businesses that have yet to reopen or be able to bring as many people back as they need to...
    Ryan Braun among NL hitters who will benefit most from the universal DH change 12 dogs with disabilities who are living their best lives Wearing masks is now the most important thing for the economy, Feds Kaplan says Dallas Fed President Robert Kaplan said that managing the coronavirus is the most important issue for the economy now. If we all wore a mask, it would substantially mute the transmission of this disease and we would grow faster, he...
    Gerard Miller | CNBC Amid historically aggressive policy moves from the U.S. central bank and Congress, Dallas Federal Reserve President Robert Kaplan said the most important thing for the economy now is wearing protective face coverings. Masks in public, Kaplan said, are key to stopping the coronavirus spread, which is increasing in record numbers and threatening to roll back the progress made since the U.S. went into lockdown in mid-March. The main message Id have today about the economy from...
    Bidens shift to the economy meets Trump on turf Trump had seen as his strength before the pandemic severely curtailed consumer activity and drove unemployment to near-Great Depression levels. Now, Biden and his aides believe the issue is an all-encompassing opening that gives Democrats avenues to attack Trump on multiple fronts while explaining their own governing vision for the country. The former vice president began Thursday with proposals intended to reinvigorate the U.S. manufacturing and technology sectors. Biden called for...
    Businesses are begging to ask customers to pay with exact change after the coronavirus pandemic led to a nationwide coin shortage.  WaWa, a popular convenience store in New Jersey and the East Coast, has told customers to either pay with credit or debit cards, mobile app or exact change amid the recent currency shortages, 6ABC in Philadelphia reported. The chain is reportedly giving customers the opportunity to round their total to the nearest dollar by donating to their charity foundation. ...
    Jaeden Milam makes clear acrylic safety shield dividers on a computer-controlled cutting machine at Screaming Images amid the spread of the coronavirus on May 18, 2020 in Las Vegas, Nevada.Ethan Miller | Getty Images U.S. producer prices unexpectedly fell in June as the economy battles depressed demand amid the Covid-19 pandemic. The Labor Department said on Friday its producer price index for final demand dropped 0.2% last month after rebounding 0.4% in May. In the 12 months through June, the...
    Indian Prime Minister Narendra Modi said the Indian economy is already recovering from the coronavirus and that he expects it to play a “leading role” in the global post-pandemic recovery. Modi made his remarks Thursday during India Global Week 2020, an expo celebrating India’s engagement with the world economy. The three-day event focused on pandemic recovery with social media posts using the hashtag #BeTheRevival. “Indians have the spirit to achieve what is believed to be impossible. No wonder that in...
    Prime Minister Benjamin Netanyahu on Thursday admitted his government was too hasty in reopening the economy and as a result, Israel is now facing a “second wave of corona.” “Looking back, as part of trial and error, we can say that the last step was too early,” he said. “We are in the midst of a second wave of the coronavirus. It has come to us and it has reached other countries as well. In my estimation, it will not...
    The U.S. economy is caught in the middle of President Donald Trump’s tug-of-war to reopen schools — and could end up damned no matter what happens. The full-fledged restart the president is pushing for would boost economic growth by allowing parents to go back to work instead of staying at home to care for their children. But it also would risk a more-rapid spread of viral infections that are already surging in some states, sapping the momentum of the nascent recovery....
    Hong Kong (CNN Business)Chinas stock markets have been on an absolute tear.The benchmark Shanghai Composite (SHCOMP) Index stormed into a bull market to start the week as Chinese state media called on local investors to pour money into markets, assuring them that the economy is recovering from the coronavirus pandemic and the country is headed for a period of great prosperity. By Friday, the index had closed out its best week in five years. Trading volume exploded, with daily turnover...
    The NFL and players are on a collision course over safety and money. They have weeks to avert disaster. This Lightweight Nightgown Is So Comfortable, Amazon Shoppers Are Throwing Away Their Other PJs Surging truck sales boost Chinas auto sector revival in June as economy upshifts By Yilei Sun and Brenda Goh Load Error BEIJING/SHANGHAI (Reuters) - Auto sales in China rose 11.6% in June from a year earlier to 2.3 million units, driven largely by strong demand...
    A woman holds a small bottle labeled with a Vaccine COVID-19 sticker and a medical syringe in this illustration taken April 10, 2020.Dado Ruvic | Reuters Vaccine nationalism is turning the search for a Covid-19 cure into an arms race, which will ultimately damage the economy and public health, experts have warned. Analysts at Eurasia Group speculated that tension over a vaccine would heat up over the summer, predicting a battle for access that will stretch into 2021 or 2022....
    By JOE McDONALD, AP Business Writer BEIJING (AP) — Asian stock markets followed Wall Street lower Friday on worries economic recoveries might fade as coronavirus cases increase in the United States and some other countries. Benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia retreated a day after strong gains driven by the rise of U.S. tech stocks. Global stock prices have recovered most of this year’s losses on optimism about a recovery from the coronavirus pandemic. But forecasters warn...
    BEIJING (AP) — Asian stock markets followed Wall Street lower Friday on worries economic recoveries might fade as coronavirus cases increase in the United States and some other countries. Benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia retreated a day after strong gains driven by the rise of U.S. tech stocks. Global stock prices have recovered most of this year’s losses on optimism about a recovery from the coronavirus pandemic. But forecasters warn the rise might be too big...
    BEIJING (AP) — Asian stock markets followed Wall Street lower Friday on worries economic recoveries might fade as coronavirus cases increase in the United States and some other countries. Benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia retreated a day after strong gains driven by the rise of U.S. tech stocks. Global stock prices have recovered most of this year’s losses on optimism about a recovery from the coronavirus pandemic. But forecasters warn the rise might be too big...
    OXFORD, Maine (AP) — The office of Maine Gov. Janet Mills has released safety protocols for casinos and short-term rentals that want to participate in the states latest phase of reopening. Mills, a Democrat, has released “COVID-19 prevention checklists” for businesses that want to resume operations as the state reopens its economy. The governors office released the latest round of guidelines on Thursday, the same day Oxford Casino reopened. The office also released updated safety guidelines for nail salons, community...
    Report: Steve Cohen makes $2 billion offer to purchase Mets These 5 Zodiac Signs Fall Out Of Love In Record Speed! South Korea Unleashes New Property Curbs Amid Soaring Prices (Bloomberg) -- South Korea’s government said it will raise property taxes for multiple-home owners, marking the latest action to curb excessive house price gains that have fueled public discontent over inequality and property speculation. Load Error In a Friday statement, Finance Minister Hong Nam-ki apologized for having failed...