The coronavirus has pushed the global economy to the brink of a crisis, and it could be the worst in a century. Hopes for a quick recovery of the planet are dwindling every day, and the bill for treatment is growing before our eyes. The virus has already cost the world tens of billions of dollars, and ...
US indices closed with their worst decline since 1987. The indices dropped to 10% at the close of trading. The fall could not be interrupted even by the intervention of the Federal Reserve Bank in the amount of $ 1,5 trillion, Vedomosti reports. According to the newspaper, the Dow Jones index ...
As the Chinese coronavirus spreads, anxiety overtakes financial markets and the economy, travel and meetings are canceled, fear of a recession is growing, writes USA Today. On Wednesday, March 11, the Dow Jones Industrial Average fell 1464,94 points, in addition to its previous decline, and ...
The labor market showed strong growth in February, with employers adding 273 jobs despite a slowdown in the economy, a shortage of workers and fears of the coronavirus. Writes about this USA Today. The unemployment rate fell from 000% to 3,6%, which is in line with the 3,5-year low. ...
The US Federal Reserve System (FRS), which acts as the country's central bank, on Tuesday, March 3, lowered the base interest rate to 1-1,25%, dropping it immediately by 0,5 percentage points. (it was 1,5-1,75%), follows from the message of the FRS. This decision became unscheduled - the Fed meeting was scheduled ...
Due to the spread of coronavirus, America is effectively closed to the Chinese. Thus, the deadly virus threatens one of the largest industries - tourism. The New York Post writes about this. Current situation Coronavirus, which was first detected in Wuhan province...
A strong US economy will be one of the main arguments in the speech of US President Donald Trump in his third address to Congress on February 4. Writes about this Fox News. According to presidential adviser Kellianne Conway, Trump will deliver "an upbeat, inspiring, forward-looking" message about ...
Strategic uncertainty is a major feature of the year that has just begun. This is stated in the forecast published shortly before the meeting of the World Economic Forum. It is due to take place next week in Davos (Switzerland). The Voice of America writes about this. This is what they expect from the world...
The yield curve on government bonds, the inversion of which until recently foreshadowed a recession in the US economy, has now returned to its normal state and signals that everything is in order - things are going very well in the country, even the economy is expected to accelerate, writes CNBC. Difference…
New York is the richest metropolis on the planet. At the same time, the state of the same name cannot boast of a powerful economy, and its cities and villages are not too densely populated. Edition "Vesti.Ekonomika" revealed 11 facts about the economy of this state of America. New York City is one of ...