BusinessAmazon plans June 22 sale to boost sales after coronavirus pandemic. Posted on June 3, 2020June 3, 2020
BusinessNew orders for US-made goods plunged in April. Factory orders drop 13% vs 14% expected after falling 11% in March. Posted on June 3, 2020June 3, 2020
BusinessUS mortgage delinquencies jump by 1.6 million in record increase for April. Posted on May 21, 2020May 21, 2020
BusinessUS housing starts drop to five-year low in April underlining fears coronavirus crisis could lead to deep economic contraction. Posted on May 19, 2020May 19, 2020
BusinessFed Chairman Jerome Powell said US GDP could shrink up to 30% but he does not see the economy entering a Depression over the longer term. Posted on May 18, 2020May 18, 2020
WorldJapan slides into recession as coronavirus pandemic takes heavy toll on businesses. Posted on May 17, 2020May 17, 2020
Business, USFeds say full economic recovery may be dependent on a successful coronavirus vaccine. Posted on May 17, 2020May 17, 2020
BusinessMoody’s chief economist says a second wave of coronavirus cases will destroy hopes for recovery and push the US economy into a depression. Posted on May 11, 2020May 11, 2020