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Coronavirus economy hits older women harder

Coronavirus has pushed millions of people out of their jobs. One demographic that has been hard hit are women 55 and over......»»

Category: worldSource: nytMay 23rd, 2020

Encore: Increase in unemployment hits older workers harder than prime-age workers

This pattern differs sharply from past recessions.....»»

Category: topSource: marketwatchMay 11th, 2020

Federal Reserve Pledges To Maintain 0% Interest Rates Until It Hits Employment, Price Stability Goals

In a move that was widely expected, the U.S. Federal Reserve maintained its current fed funds target range of 0% to 0.25% on Wednesday, as the U.S. economy continues to struggle to manage the COVID-19 coronavirus outbreak. read more.....»»

Category: blogSource: benzingaApr 29th, 2020

U.S. business activity hits fresh record lows amid coronavirus lockdowns

U.S. business activity plumbed new record lows in April as the novel coronavirus severely disrupted manufacturing and services industry production, pushing the economy into uncharted waters......»»

Category: topSource: foxnewsApr 23rd, 2020

U.S. business activity hits fresh record lows amid coronavirus lockdowns

U.S. business activity plumbed new record lows in April as the novel coronavirus severely disrupted manufacturing and services industry production, pushing the economy into uncharted waters......»»

Category: topSource: reutersApr 23rd, 2020

Euro zone investor morale hits all-time low

Investor morale in the euro zone fell to an all-time low in April and the bloc's economy is in deep recession due to the coronavirus, which is "holding the world economy in a stranglehold", a survey showed on Monday. Ciara Lee reports.....»»

Category: videoSource: reutersApr 6th, 2020

How the coronavirus job cuts played out by sector and demographics

The job losses suffered in March as the U.S. economy shut down in the face of the novel coronavirus pandemic were widespread but still were disproportionately felt in a handful of employment sectors and by women, the young and the less educated......»»

Category: topSource: reutersApr 4th, 2020

Swiss bank UBS sticks to 2019 dividend amid global calls for payout freezes

UBS Group intends to pay its 2019 dividend, the Swiss bank said on Monday, despite guidance from markets supervisor FINMA, the Swiss government and international banking groups to limit payouts as the coronavirus outbreak hits the global economy......»»

Category: topSource: reutersMar 30th, 2020

ECB tells euro zone banks to skip payouts as virus hits economy

The European Central Bank told euro zone banks on Friday to skip dividend payments and share buybacks until October at the earliest and use their profits to support the economy as it is hit by the coronavirus pandemic......»»

Category: topSource: reutersMar 27th, 2020

Big banks reassure staff about potential job cuts

Big banks are postponing decisions about staff cuts as the coronavirus hits their businesses hard, with executives saying they are unsure how long the outbreak will hurt the economy and worried about being unprepared if business suddenly snaps back......»»

Category: topSource: reutersMar 26th, 2020

Coronavirus will hit US economy harder than 2008 financial crisis: J.P. Morgan

J.P. Morgan sees a sharp contraction in the U.S. economy before a return to growth in the second-half of the year......»»

Category: topSource: foxnewsMar 19th, 2020

ETFs at Risk as Coronavirus Hits China"s Economy Hard

Zacks.....»»

Category: topSource: redinewsMar 17th, 2020

The White House says the government could send emergency checks to Americans within 2 weeks as the coronavirus outbreak hits the economy

AP Photo/Evan Vucci The US government could soon send Americans emergency cash to mitigate the economic pain of the coronavirus pandemic. The outbreak has c.....»»

Category: topSource: businessinsiderMar 17th, 2020

Trump says only a payroll tax cut "will make a big difference" as coronavirus hits economy

Reuters President Donald Trump repeated calls for a payroll tax cut on Friday as the coronav.....»»

Category: topSource: businessinsiderMar 13th, 2020

Corporate Debt Loads a Rising Risk as Virus Hits Economy

The numbers are enormous WASHINGTON (AP) — A gyrating stock market is seizing headlines as the coronavirus threa.....»»

Category: topSource: timeMar 11th, 2020

NYC"s economy"s big cushion as the coronavirus hits

The coronavirus is going to take a bite out of the . No one knows just how big it will be. But last week’s quarterly economic report from provides the crucial benchmarks to monitor how the economy... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 10th, 2020

Trump slams "pathetic, slow moving" Federal Reserve as the coronavirus hits the US economy

AP Photo/Alex Brandon .....»»

Category: topSource: businessinsiderMar 10th, 2020

The White House balks at recession fears as coronavirus outbreak hits US economy

Getty Images The coronavirus outbreak has threatened to upend the longest US expansion in history. But Presiden.....»»

Category: topSource: businessinsiderMar 5th, 2020

Coronavirus to hit world economy harder than US: Rogoff

The coronavirus has hammered global stock markets and hindered production in China, the world's second-largest economy......»»

Category: topSource: foxnewsMar 5th, 2020

Stocks slide, 10-year Treasury yield hits record low after Fed"s emergency rate cut

Global equity markets slid on Tuesday and the yield on 10-year U.S. Treasuries fell below 1% for the first time after the Federal Reserve cut interest rates in an emergency move to shield the U.S. economy from the impact of the fast-spreading coronavirus......»»

Category: topSource: reutersMar 3rd, 2020

"Black swan" coronavirus to slam economy 10 times harder than hurricane

The number of new coronavirus cases surged by more than 15,000 to at least 59,804 Thursday after Chinese authorities began using a new reporting method......»»

Category: topSource: foxnewsFeb 13th, 2020