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Economies
Tasmania Remains Australia’s Top Economy Performer
Tasmania has been Australia's top performing state for the past year, but other jurisdictions are catching it up. Commonwealth Securities' quarterly State of the States analysis shows Tasmania leading the ...
January 26, 2021
BY
AAP
Australian Economy Showing a Marked Rebound, Inflation Not Likely to Worry RBA Just Yet
The Australian economy is showing a marked rebound from its first recession in decades, but the improvement is ...
January 26, 2021
BY
AAP
Renewed Lockdown Measures Slow US Economic Momentum
WASHINGTON—The U.S. economy's momentum has reversed in recent weeks as spikes in coronavirus cases have forced a series ...
January 26, 2021
BY
Emel Akan
Australia Sees Record High Trade Surplus Despite China’s Trade Sanctions
The Chinese regime's trade war on Australia appears to be backfiring after strong demand for Australian exports have ...
January 25, 2021
BY
Henry Jom
Global Foreign Direct Investment Fell 42 Percent in 2020
WASHINGTON—Foreign direct investment flows worldwide plunged last year due to the pandemic, which caused severe economic disruptions and ...
January 25, 2021
BY
Emel Akan
Top Oil Companies Sharply Slow Search for New Fossil Fuels
The top five Western oil and gas companies sharply slowed the search for new fossil fuel resources last ...
January 25, 2021
BY
Li Hai
US Oil Refiners Set for Worst Earnings Quarter of the Pandemic
NEW YORK—U.S. refiners are girding for a painful slate of fourth-quarter earnings, reflecting the pressure of rising crude ...
January 25, 2021
BY
Reuters
Pfizer Vaccine Approval Injects Business Positivity
Australia's approval of its first COVID-19 vaccine will lift confidence and help fuel the country's economic recovery from ...
January 25, 2021
BY
AAP
Eurozone Business Activity Shrinks in January as Lockdowns Hit Services
LONDON—Economic activity in the eurozone shrank markedly in January as stringent lockdowns to contain the coronavirus pandemic hit ...
January 24, 2021
BY
Reuters
Biden Administration Pauses Federal Drilling Program in Climate Push
President Joe Biden’s administration has temporarily suspended oil and gas permitting on federal lands and waters in the ...
January 24, 2021
BY
Reuters
US Unemployment Claims Decrease Modestly; Housing, Factories Underpin Economy
WASHINGTON—The number of Americans filing new applications for unemployment benefits decreased modestly last week as the COVID-19 pandemic ...
January 24, 2021
BY
Reuters
US Factory Activity Near 14-Year High; Home Sales Rose in December
WASHINGTON—U.S. manufacturing activity surged to its highest level in nearly 14 years in early January, but bottlenecks in ...
January 24, 2021
BY
Reuters
Another 900,000 Americans File for Unemployment as Labor Market Recovery Freeze Continues
Another 900,000 U.S. workers filed for state unemployment benefits last week, a slight drop from the week before ...
January 21, 2021
BY
Tom Ozimek
Keystone XL Oil Pipeline Halted After Biden Revokes Permit
The long-disputed Keystone XL pipeline's construction was halted Wednesday after President Joe Biden revoked the construction project's permit. ...
January 21, 2021
BY
Jack Phillips
More Victorian Tourism Vouchers Released Today
Victoria has released tens of thousands of extra regional tourism vouchers to encourage people to holiday at home ...
January 19, 2021
BY
AAP
Yellen Urges Congress to ‘Act Big’ on Relief Despite Debt Burden
WASHINGTON—During her Senate confirmation hearing on Jan. 19, Treasury Secretary nominee Janet Yellen championed President Joe Biden's economic ...
January 19, 2021
BY
Emel Akan
UK Businesses Urge Government to Extend COVID-19 Furlough Scheme
The UK government should extend its business support measures before the next budget to help firms through the ...
January 19, 2021
BY
Alexander Zhang
Australians Turn Their Backs on Farm Work
Australia's agriculture minister has all but given up on trying to convince young and unemployed people to move ...
January 18, 2021
BY
AAP
ECB’s Latest Stimulus Expected to Have Little Impact on Eurozone Economy
BENGALURU—The European Central Bank’s new policy package will have little effect on the eurozone’s coronavirus-ravaged economy, according to ...
January 18, 2021
BY
Reuters
US Shale Producers Lock in Future Sales as Oil Prices Rise to One-Year High
NEW YORK/HOUSTON—U.S. shale producers are taking advantage of the oil market’s rally to levels not seen in nearly ...
January 18, 2021
BY
Reuters
NSW Aims for Full Tourism Rebound by 2024
More major events and tourism drawcards will call NSW home under a government strategy to transform the state ...
January 17, 2021
BY
AAP
COVID-19 Pressures US Retail Sales; Manufacturing Shines
WASHINGTON—U.S. retail sales fell for a third straight month in December as renewed measures to slow the spread ...
January 17, 2021
BY
Reuters
More Tourism Jobs to Flow From SA Grants
A $2 million boost to South Australia's tourism sector will create more than 100 jobs and help regional ...
January 16, 2021
BY
AAP
Further Drop in Unemployment Rate Expected
Economists expect the latest job figures will show a further easing in the unemployment rate and another solid ...
January 16, 2021
BY
AAP
IRS Delays Start of Tax Filing Season to Feb. 12
People won't be able to start filing taxes until Feb. 12, the Internal Revenue Service (IRS) said on ...
January 16, 2021
BY
Zachary Stieber
UK Could Lose 400,000 Retail Jobs as Pandemic Accelerates Shift to Online Shopping: Report
UK towns and cities could lose nearly 400,000 jobs and up to 40 percent of their retail offerings ...
January 14, 2021
BY
Xiaofei Chen
Economists Predict Sharp Slowdown Before Outlook Brightens Considerably
WASHINGTON—Economists are forecasting a strong recovery this year but warn of a sharp drop in economic activity in ...
January 14, 2021
BY
Emel Akan
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TOP NEWS
Microsoft Urges US to ‘Copy’ Australia’s Big Tech Media Law
NEW
By
Daniel Y. Teng
Support Grows for 9/11-Style Commission to Probe US Capitol Breach
NEW
By
Janita Kan
$32 Billion for Public Transit in COVID-19 Relief Bill Wasteful: Researcher
1hr
By
Petr Svab
Wintry Weather Blanketing US Making Rare Dip to Gulf Coast
4hr
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The Associated Press
Lovers Stay Hopeful on Valentine’s Day Amid Pandemic
4hr
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The Associated Press
De Blasio Calls for ‘Full Accounting’ of Cuomo’s Alleged Nursing Home Death Cover-Up
5hr
By
GQ Pan
Impeachment Manager: Trial Could Have Lasted Years If Witnesses Were Called
5hr
By
Ivan Pentchoukov
Michigan County GOP Censures Rep. Meijer Over Vote to Impeach Trump
5hr
By
Ivan Pentchoukov
Wuhan Residents Commemorate COVID-19 Victims During New Year Holiday
5hr
By
Nicole Hao
CDC Director: ‘We Need a Lot More Resources in Order to Get the Schools Safe’
6hr
By
Jack Phillips