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The economy was supposed to drop off a cliff when the coronavirus aid dried up. It didn"t. Here"s why.

Even after the coronavirus aid money dried u.....»»

Category: dealsSource: nytSep 16th, 2020

Pence"s former top aide says Trump called the coronavirus "a good thing" because he didn"t like shaking hands with "disgusting" supporters

Olivia Troye said Trump was primarily concerned with the economy and his reelection and undermined the task force's pandemic response. Olivia Troye, Vice President Mike Pence's former.....»»

Category: topSource: businessinsiderSep 17th, 2020

Pence"s former top aide says Trump called coronavirus "a good thing" because he didn"t like shaking hands with "disgusting" supporters

Olivia Troye says Trump was primarily concerned with the economy and his reelection and undermined the task force's pandemic response. Olivia Troye, Vice President Mike Pence's forme.....»»

Category: topSource: businessinsiderSep 17th, 2020

Economic Report: Consumer sentiment remains weak in August amid swirling coronavirus pessimism

Americans didn’t feel any better about the economy or their own financial situation in August than they did in the previous month, reflecting broad worries about the still-spreading coronavirus and the likelihood of a slow recovery, a new survey showed......»»

Category: topSource: marketwatchAug 14th, 2020

Economic Preview: The U.S. economy took another body blow from Covid-19 in July. But just how bad was it?

Whew ! Turns out the economy didn’t get hurt as badly in July from a resurgence in coronavirus cases as Wall Street feared. But make no mistake: The U.S. recovery took a blow......»»

Category: topSource: marketwatchAug 8th, 2020

Coronavirus has shown us that we need a WPA 2.0. Here"s how to make it work: Tech CEO

America needs a comprehensive national strategy to reverse the steep, fall-off-the-cliff dive the economy took when COVID hit......»»

Category: topSource: foxnewsJul 26th, 2020

On the cliff: Arts organizations figuring out how to safely sell tickets to events again

While some segments of the economy are wondering whether a second shutdown is coming as coronavirus cases rise again, arts and cultural organizations in Columbus are still reeling from the fact that they never fully reopened......»»

Category: topSource: bizjournalsJul 19th, 2020

First Mover: UK Economy Setback Renews Questions of Bitcoin’s Resilience

The U.K. is recovering from the economic effects of the coronavirus more slowly than expected. Would a fresh market drop pull down bitcoin too?.....»»

Category: forexSource: coindeskJul 15th, 2020

Economic Report: Wholesale prices drop in June, U.S. inflation very low due to the coronavirus pandemic

The wholesale cost of U.S. goods and services fell in June, reflecting depressed demand in retail and other major parts of the economy caused by the coronavirus pandemic......»»

Category: topSource: marketwatchJul 10th, 2020

Dow"s 5% plunge puts it on the verge of worst day in nearly 3 months on reignited worries about economy, coronavirus

The Dow Jones Industrial Average was in free-fall late-morning Thursday, putting the benchmark on the verge of the worst percentage drop since April 1. The was most recently off 1,351 points, or 5%, at 25,958,.....»»

Category: topSource: marketwatchJun 11th, 2020

Dow"s 1,000-point plunge, puts it on the verge of worst day in 2 months on reignited worries about economy, coronavirus

The Dow Jones Industrial Average was in free-fall late-morning Thursday, putting the benchmark on the verge of the worst percentage drop since April 1. The was most recently off 1,040 points, or 3.9%, at 25,958, with the index losing its grip.....»»

Category: topSource: marketwatchJun 11th, 2020

Futures drop on fears of second virus wave, bleak economic view

U.S. stock futures fell sharply on Thursday on jitters over a second wave of coronavirus infections and a grim forecast for the economy from the Federal Reserve......»»

Category: topSource: reutersJun 11th, 2020

German exports collapse in April as coronavirus wrecks demand

German exports and imports slumped in April, posting their biggest declines since records began in 1990 as demand dried up in the coronavirus lockdown, adding to a gloomy outlook for Europe's biggest economy, data showed on Tuesday. Ciara Lee reports.....»»

Category: videoSource: reutersJun 9th, 2020

Home prices in April saw biggest gain in 2 years, but they"re expected to drop by next year

Home sales may have slowed to a trickle, as much of the national economy shut down in the face of the coronavirus pandemic, but home prices did just the opposite......»»

Category: realestateSource: cnbcJun 3rd, 2020

Economic Report: U.S. durable-goods orders fall 17.2% in April vs. forecasts for 18.2% drop

Orders for U.S. durable goods drop sharply in April, the government says Thursday, offering a fresh sign of how the coronavirus crisis has hammered the U.S. economy......»»

Category: topSource: marketwatchMay 28th, 2020

Economic Report: Durable-goods orders fall 17.2% in April vs. forecasts for 18.2% drop

Orders for durable goods drop sharply in April, the government says Thursday, offering a fresh sign of how the coronavirus crisis has hammered the U.S. economy......»»

Category: topSource: marketwatchMay 28th, 2020

Durable-goods orders plunge 17.2% in April vs. forecasts for 18.2% drop

Orders for durable goods tumbled 17.2% in April, the government said Thursday, offering a fresh sign of how the coronavirus crisis has hammered the U.S. economy. Economists polled by MarketWatch had expected a drop of 18......»»

Category: topSource: marketwatchMay 28th, 2020

‘We saw this coming’: Flock is a case study in riding out the coronavirus economy

Even with a sharp drop in revenue this year, the D.C. company says it is counting on preparation and a strong cash position to ensure its survival......»»

Category: dealsSource: nytMay 23rd, 2020

‘We saw this coming’: Flock a case-study in riding out the coronavirus economy

Even with a sharp drop in revenue this year, the Washington, D.C. company says it is counting on preparation and a strong cash position to ensure its survival......»»

Category: topSource: washpostMay 22nd, 2020

LIVE CORONAVIRUS UPDATES: UK economy has fastest drop in history, Trump admin ignored CDC plans for reopening

Getty We'll keep this page updated wi.....»»

Category: topSource: businessinsiderMay 13th, 2020

Coronavirus sends Hong Kong economy to steepest plunge on record

The novel coronavirus led to a sharp drop in tourism and domestic spending in Hong Kong......»»

Category: topSource: foxnewsMay 4th, 2020