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Economies

  • Australian Firms Pay Bills Quicker in Improved Times
    Australian Firms Pay Bills Quicker in Improved Times
    In a further sign of improving economic conditions, payment times between businesses declined in many industries last year. However, there are concerns that this trend could be cut short from ...
    January 12, 2021BY AAP
  • Confidence Key to Retail Spending Recovery
    Confidence Key to Retail Spending Recovery
    Retailers enjoyed an exceptionally strong spend-up a month out from Christmas but there is some uncertainty around how ...
    January 11, 2021BY AAP
  • OPEC Crude Output Cuts Should Help US Shale Profits in 2021
    OPEC Crude Output Cuts Should Help US Shale Profits in 2021
    HOUSTON—A decision by OPEC and allied countries to cut crude production through March delivered a late Christmas present ...
    January 11, 2021BY Reuters
  • US Consumer Credit Up 4.4 percent in November, Best in 5 Months
    US Consumer Credit Up 4.4 percent in November, Best in 5 Months
    WASHINGTON—U.S. consumer borrowing rose 4.4 percent in November 2020, its strongest showing in five months, led by strong ...
    January 11, 2021BY The Associated Press
  • Fed Transcripts Show Doubts About Need for 2015 Rate Hike
    Fed Transcripts Show Doubts About Need for 2015 Rate Hike
    WASHINGTON—Newly released transcripts show that many Federal Reserve officials had concerns in late 2015 over whether they were ...
    January 11, 2021BY The Associated Press
  • US Loses 140,000 Jobs, First Monthly Decline Since April
    US Loses 140,000 Jobs, First Monthly Decline Since April
    WASHINGTON—U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that ...
    January 10, 2021BY The Associated Press
  • UK to Capture £800 Million More in Dormant Assets
    UK to Capture £800 Million More in Dormant Assets
    The UK government on Saturday announced an expansion to a scheme that captures dormant assets, in order to ...
    January 9, 2021BY Lily Zhou
  • US Unemployment Claims Slip to Still-High 787,000
    US Unemployment Claims Slip to Still-High 787,000
    WASHINGTON—The number of Americans seeking unemployment aid fell slightly last week to 787,000, a historically high number that ...
    January 9, 2021BY The Associated Press
  • Grants Offered to Shore Up Diesel Storage in Australia
    Grants Offered to Shore Up Diesel Storage in Australia
    The Morrison government says a plan to boost onshore diesel storage will create about 1000 jobs and provide ...
    January 7, 2021BY AAP
  • US Unemployment Claims Slip to 787,000
    US Unemployment Claims Slip to 787,000
    WASHINGTON—The number of Americans seeking unemployment aid fell slightly last week to 787,000, a historically high number that ...
    January 7, 2021BY The Associated Press
  • US Weekly Jobless Claims Unexpectedly Fall; Trade Deficit Widens Sharply
    US Weekly Jobless Claims Unexpectedly Fall; Trade Deficit Widens Sharply
    WASHINGTON—The number of Americans filing first-time claims for jobless benefits unexpectedly dipped last week while staying extremely high, ...
    January 7, 2021BY Reuters
  • US Service Sector Regains Speed in December: ISM Survey
    US Service Sector Regains Speed in December: ISM Survey
    WASHINGTON—U.S. services industry activity accelerated in December, but sky-rocketing COVID-19 infections depressed employment, heightening the risk that the ...
    January 7, 2021BY Reuters
  • Strong House Building Looks Set to Extend
    Strong House Building Looks Set to Extend
    Low interest rates and government stimulus measures for housing during the COVID-19 pandemic have seen building approvals for ...
    January 6, 2021BY AAP
  • UK New Car Registrations Down by 30 Percent in 2020
    UK New Car Registrations Down by 30 Percent in 2020
    The UK new car market fell by almost a third in 2020 as a result of CCP virus ...
    January 6, 2021BY Alexander Zhang
  • Macy’s to Close 45 Stores This Year
    Macy’s to Close 45 Stores This Year
    Department store operator Macy's Inc said on Tuesday it would close about 45 stores this year as part ...
    January 6, 2021BY Reuters
  • US Factories Grew in December at Fastest Pace Since Mid-2018
    US Factories Grew in December at Fastest Pace Since Mid-2018
    WASHINGTON—American factories grew in December 2020 at the fastest pace in more than two years as manufacturing continued ...
    January 5, 2021BY The Associated Press
  • UK Offers Extra £4.6 Billion to Help Firms Through New Lockdown
    UK Offers Extra £4.6 Billion to Help Firms Through New Lockdown
    The British government announced on Tuesday that it's offering a £4.6 billion ($6.2 billion) support package for businesses ...
    January 5, 2021BY Alexander Zhang
  • US Construction Spending Increases Solid 0.9 Percent in November
    US Construction Spending Increases Solid 0.9 Percent in November
    WASHINGTON—Spending on U.S. construction projects increased 0.9 percent in November 2020 as strength in home building offset weakness ...
    January 4, 2021BY The Associated Press
  • Factories Bounce Back From Covid-19 Hit, Tighter Controls Cloud Outlook
    Factories Bounce Back From Covid-19 Hit, Tighter Controls Cloud Outlook
    Manufacturers across Europe ended 2020 on a high while Asian factory activity expanded moderately thanks to increased demand ...
    January 4, 2021BY Reuters
  • US Stocks in 2020: A Year for the History Books
    US Stocks in 2020: A Year for the History Books
    NEW YORK—The year 2020 was a wild one for Wall Street, bookended by the end of the longest ...
    January 4, 2021BY Reuters
  • Volatile Commodity Markets End 2020 Strong With Vaccines, Stimulus in Sight
    Volatile Commodity Markets End 2020 Strong With Vaccines, Stimulus in Sight
    Global commodity markets ended 2020 on a strong note, with recovering demand and widespread stimulus packages buoying prices ...
    January 4, 2021BY Reuters
  • US Jobless Claims Dip But Show Recovery Has Long Way to Go
    US Jobless Claims Dip But Show Recovery Has Long Way to Go
    Fewer Americans sought unemployment benefits last week, but the modest drop did little to dispel concerns that the ...
    January 3, 2021BY Reuters
  • US Treasury Yields 2020 Drop Makes Way for Slow Grind Back in 2021
    US Treasury Yields 2020 Drop Makes Way for Slow Grind Back in 2021
    NEW YORK—The U.S. Treasuries market took investors on a bumpy ride in 2020, with yields plunging to historic ...
    December 30, 2020BY Reuters
  • A Historic Oil Price Collapse, With Worries Headed Into 2021
    A Historic Oil Price Collapse, With Worries Headed Into 2021
    NEW YORK—This year was like no other for oil prices. Even as global prices end the year at ...
    December 30, 2020BY Reuters
  • Fed Extends Main Street Loan Program as Last-Minute Applications Surge
    Fed Extends Main Street Loan Program as Last-Minute Applications Surge
    The Federal Reserve extended the end date for its Main Street Lending Program by eight days to process ...
    December 30, 2020BY Reuters
  • In Pandemic, Fed Showed Its Muscle in Markets Still Matters
    In Pandemic, Fed Showed Its Muscle in Markets Still Matters
    The U.S. Federal Reserve’s response to the coronavirus pandemic began on Feb. 28 with a 44-word statement of ...
    December 30, 2020BY Reuters
  • US Plants Hope to Maintain Production Despite Virus Threat
    US Plants Hope to Maintain Production Despite Virus Threat
    OMAHA, Neb.—U.S. factories have been cranking out goods during much of the pandemic at rates that are remarkably ...
    December 30, 2020BY The Associated Press
1 2 3 … 136 Next
TOP NEWS
  • What Happened in DC on Jan. 6
    NEW By Petr Svab
    What Happened in DC on Jan. 6
  • Video: Facts Matter (Jan. 12): More Censorship Hits America; Trump Advisor Put on “a List”
    2hr By Roman Balmakov
    Video: Facts Matter (Jan. 12): More Censorship Hits America; Trump Advisor Put on “a List”
  • House Votes to Pressure Pence to Invoke 25th Amendment After He Rejected to Do So
    2hr By Janita Kan
    House Votes to Pressure Pence to Invoke 25th Amendment After He Rejected to Do So
  • Google’s Youtube Suspends Trump, Accuses Him of Violating Its Policies
    3hr By Mimi Nguyen Ly
    Google’s Youtube Suspends Trump, Accuses Him of Violating Its Policies
  • Pelosi Names House Impeachment Managers Ahead of Vote
    3hr By Isabel van Brugen
    Pelosi Names House Impeachment Managers Ahead of Vote
  • FBI Received Intelligence About Potential for Violence Before US Capitol Breach
    3hr By Janita Kan
    FBI Received Intelligence About Potential for Violence Before US Capitol Breach
  • Vermont College Revokes Giuliani’s Honorary Degree
    3hr By Ivan Pentchoukov
    Vermont College Revokes Giuliani’s Honorary Degree
  • Video: Parler CEO On Fighting Censorship and Double Standards, and Restoring Free Speech
    6hr By Joshua Philipp, The Epoch Times
    Video: Parler CEO On Fighting Censorship and Double Standards, and Restoring Free Speech
  • Pence Refuses to Invoke the 25th Amendment
    6hr By Mimi Nguyen Ly
    Pence Refuses to Invoke the 25th Amendment
  • Federal Prosecutors Building Seditious, Conspiracy Cases Against Some Capitol Rioters: DOJ
    7hr By Janita Kan
    Federal Prosecutors Building Seditious, Conspiracy Cases Against Some Capitol Rioters: DOJ
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