Latest news, breaking stories
President Joe Biden's $1.9 trillion stimulus package advanced out of the House Budget Committee on Monday and is virtually set for a full House vote later this week. Democrats led by Speaker Nancy Pelosi are expected to pass it along party lines Friday or Saturday. If passed by the House, the bill will proceed to […]
Continue Reading
Never in history has the UK economy grown more quickly than it did in the third quarter of 2020. Official figures show that the spending spree of the summer was even stronger than previously expected, resulting in a 16% increase in national output. Yet the packed beaches, the busy shops and the battle to get […]
Continue Reading
Democrats divided over Joe Biden’s key picks for his Cabinet Fox News contributor Charlie Hurt and Rep. Andy Biggs, R-Ariz., weigh in on the transition on ‘Hannity’ President-Elect Joe Biden tapped Joelle Gamble to serve as an economic adviser in his incoming administration, and while Gamble will focus on rebuilding the U.S. economy, she appears […]
Continue Reading
Republicans and Democrats are trying to move closer to passing a second round of stimulus before the election. The White House took an aid offer believed to be for $1.8 trillion to Democrats on Friday to help get a bill approved before Nov. 3. The House earlier this month passed a $2.2 trillion bill. The biggest […]
Continue Reading
Just last week, and in the prior month, the economic data signaled that the economic recovery might be slowing. According to separate data from the trade deficit and from a services index reading, that was then. Tuesday’s economic calendar included two recovery reports. One was from the U.S. Department of Commerce on the trade balance, […]
Continue Reading
Fox News Flash top headlines for September 4 President Trump on Friday oversaw an agreement between Serbia and Kosovo that normalizes economic relations between the two countries, and that also includes Kosovo recognizing Israel and Serbia moving its embassy to Jerusalem. The Belgrade-Pristina deal was then signed by their two leaders in front of Trump in the Oval […]
Continue Reading
Over the weekend, President Donald Trump signed an executive order to extend enhanced unemployment benefits at a reduced rate of $400 per week. But aides clarified this week that the order actually only guarantees $300 per week from the federal government. That's because under the new order, the federal government would contribute $300 per week in […]
Continue Reading
UltraTech plans ₹1,500 cr. capex; group head sees 6-8% GDP growth next fiscal The economic impact of the lockdown to combat the pandemic has been severe in urban India, while the rural economy appears less badly hit, Aditya Birla Group chairman Kumar Mangalam Birla said on Wednesday. Observing that the gradual unlocking of the economy […]
Continue Reading
Beirut explosion site was ‘disaster’ waiting to happen: Former national security adviser Former National Security Adviser to Vice President Cheney John Hannah provides insight into how the international community has reacted to Tuesday’s explosion in Beirut, Lebanon. Lebanon was already suffering a severe economic crisis, made worse by the coronavirus pandemic, when an explosion ripped […]
Continue Reading
Overview The aim of the New York City Recovery Index is to create a practical, weekly pulse-check of the economic progress of the city. We built the overall city recovery index from components that align with the lives of New Yorkers: Health Transport and mobility Jobs Small business confidence Restaurant reservations As New York recovers […]
Continue Reading