The central bank expects the U.K. economy to shrink by 9.5% this year
BoE sees less severe UK downturn
BoE sees less severe UK downturn, leaves rate on hold
Toyota warns of 64% drop in full-year net profit
The money crunch is a sure thing if the government scraps the $600 enhanced jobless benefit.
U.S. Secretary of State Mike Pompeo warns that the Trump administration will soon impose measures against “a broad array” of Chinese-owned software.
Congress stalls as Americans face renewed economic hardship
Eurozone GDP fell by an all-time record in the second quarter as lockdown shut down business activity.
US stocks finished mixed on Thursday as US GDP plummeted by a record figure, but tech stocks gained
The U.S. economy dropped by the highest amount in recorded history, while millions remain unemployed
US stocks fell on Thursday as US GDP plummeted by a record figure, while initial jobless claims rose.
Some 1.4 million Americans filed initial unemployment claims last week, threatening the nascent recovery.
Despite a promising rebound in June, July has seen a resurgence of cases across the country with several new one-day records, causing some states to roll back the reopening measures that benefitted sectors like retail and travel.
President Trump wants a short-term solution to the $1 trillion stimulus package while the COVID-19 death toll in the U.S. continues to rise.
The Fed chair addressed a number of questions in an hour-long virtual press conference.
As lawmakers spar, Federal Reserve aims to buoy economy
Spain lockdown leaves 1mn jobless but not 'unemployed'
Sen. Mitch McConnell, R-Ky., finally reveals the HEALS Act, the GOP's version of the Democrat's HEROES Act.
EY said UK economic activity may not return to 2019 levels until late 2024
The U.S. economy is in its worst shape since the Great Depression, with a stunning 47% of Americans believing their jobs won't return.
The Senate went home without settling details of the next round of coronavirus relief as cases surged across the West and South and millions eyed the loss of supplemental unemployment benefits.
US sees jobless claims rise again as lawmakers debate aid