World Economic Forum postpones annual meeting due to COVID-19
Instead, the forum will "digitally convene high-level Davos Dialogues” during the week of Jan. 25 where the WEF says global leaders will share their views on the state of the world in 2021.
US economy in recession but seeing 'signs of life': Fed's Esther George
The U.S. is economy is slowly on the mend, says Kansas City Federal Reserve President Esther George.
New Jersey proposes first-ever $1,000 'baby bond' to narrow wealth gap
The bonds, which will start with babies born in 2021, will be given to children in households earning less than 500% of the Federal Poverty Level
Amazon rivalry prepped big-box retailers for coronavirus
Big-box retailers enjoying strong sales and profits over the last couple of weeks partially attribute their success to pre-COVID-19 pandemic efforts to take on e-commerce giant Amazon.
Global tourism lost $320B from coronavirus in 5 months, UN says
U.N. Secretary-General Antonio Guterres, in a policy briefing, noted that tourism is one of the world’s most important economic sectors and the third-largest export sector of the global economy, behind fuels and chemicals. In 2019, it accounted for 7% of global trade.
New home sales surge in July, highest since 2006
New home sales are counted at the signing of a contract, making them a leading housing market indicator.
New thinking on COVID lockdowns: They’re overly blunt and costly
Blanket business shutdowns—which the U.S. never tried before this pandemic—led to a deep recession. Economists and health experts say there may be a better way.
Wages in key battleground state soar, boosted by controversial Foxconn project
Two of Wisconsin's metropolitan areas rank first and fifth nationally in wage gains out of a total of 389 in the U.S.
When will the US recession end? Most economists say late 2020 or early 2021
A majority of economists expect the U.S. to emerge from the coronavirus-induced recession by either late 2020 or sometime in 2021.
NYC Mayor de Blasio suggests indoor dining may not return until 2021
New York City Mayor Bill De Blasio suggested Monday that the Big Apple may have to wait until potentially 2021 before it will see its restaurants open their doors again for indoor dining.
Dollar steadies Monday, as traders look to global economic health
TOKYO - The dollar steadied against major currencies on Monday as traders looked to more data for a gauge on the health of the global economy and the Federal Reserve’s annual Jackson Hole retreat for guidance on the outlook for U.S. monetary policy.
Foreign agents setting up bogus election websites: DHS
With states changing voting regulations to fit stringent coronavirus guidelines, many voters will go online this year to find out how to cast their ballots for president.
US Postal Service jobs have been disappearing for years amid funding crisis
The U.S. Postal Service, which has come under fire in months for its beleaguered finances, has been steadily bleeding thousands of jobs for years
Americans in these 3 states will get full $400 unemployment boost
Three states indicated they'll give laid-off workers an extra $100 in unemployment benefits this week
Over 1M Americans won't receive Trump's $300 unemployment boost - here's why
About 6% of Americans collecting unemployment aid won't qualify to receive Trump's $300-a-week benefit. This is why.
Biden, Harris turn to former Fed head Janet Yellen for economic guidance
Democratic presidential nominee Joe Biden and his running mate Kamala Harris have turned to a slew of economic experts for advice on the coronavirus-induced recession — including Janet Yellen
What we know about the extra $300-a-week unemployment benefit
Trump signed an executive order on Aug. 8 to offer $300 a week in federally funded enhanced unemployment benefits for workers laid off during the coronavirus pandemic.
Stock futures cautious following Nasdaq's record day
Investors will examine the latest data on existing home sales
Cory Booker takes aim at Trump over US economy in convention speech: 'He has failed us'
New Jersey Sen. Cory Booker condemned President Trump's handling of the U.S. economy and "attack" on working Americans during his DNC speech.
Millions of jobs lost to coronavirus pandemic could take years to return
The IRS forecasts there will be about 229.3 million employee-classified jobs in the U.S. in 2021, a drop of roughly 38.9 million from pre-pandemic levels.



















