The Fed has estimated that the jobless rate will end the year at 6.7 percent before dipping to 5 percent next year. Read more

Finance minister Rishi Sunak told Sky News that Britain was facing an "economic emergency" because of the pandemic. Read more

The positive figures come after three quarters of contraction in the world's third-largest economy. Read more

With 25 percent of pork products being sold in the UK coming from Denmark, an extended travel ban could have many breakf... Read more

The greenback is sitting at its lowest levels against the yen since the dark days of March when the virus began batterin... Read more

Online gambling is a phenomenal industry growing at an accelerated pace thanks to technological innovation like mobile g... Read more

Weekly applications for jobless benefits remain higher than the worst of the 2008-2010 global financial crisis. Read more

Despite months of arduous talks in Washington, there appears to be little chance Republicans and Democrats will hammer o... Read more

Most Asian bourses had already fallen sharply earlier in the day. Read more

As regional economies contract this year the number of poor people will likely rise by at least 78 million. Read more

Chinese restaurant gets swift backlash from netizens accusing them of fat shaming on their zero food waste campaign. Read more

It is the worst economic contraction for Japan since comparable data in 1980, eclipsing the brutal impact of the 2008 gl... Read more

Homeless people living in New York's sidewalks say apartment owners overlooking the encampment are throwing hot water on... Read more

Mexico deputy health minister calls sugary drinks "bottled poison" and urges people to stop buying them. Read more

UN Secretary General Antonio Guterres's plea for a global ceasefire back in March has gone largely unheeded. Read more