breaking news


UK Flight Cancellations: Advice For Travellers On How To Get A Refund Or Rebook Your Flight

Expat - Published date: .

The government has said a cyber attack was not to blame for yesterday's air traffic control systems failure. Read more

India A Bright Spot For Investments Despite Current Volatility: Blackstone

Banking - Published date: .

Investors alarmed over recent events, but Blackstone's investments are safe, says president and COO Read more

Raphael Bostic Says Fed Needs To 'stay The Course' Despite Lower Wage Gains

Breaking - Published date: .

The Atlanta Fed president said Friday that December's jobs report doesn't change his view on monetary policy. Read more

Record Jobs Gain Of 4.8 Million In June Smashes Expectations; Unemployment Rate Falls To 11.1%

AMERICA - Published date: .

Another big contributor to the decline of the jobless rate was a plunge in those on temporary layoff. That total fell by... Read more

June Private Payrolls Rose 2.37 Million And There Was A Big Positive Revision For May, ADP Says

AMERICA - Published date: .

Private payrolls grew by 2.369 million for the month, a bit lower than the 2.5 million expectation from economists surve... Read more

Total Of Those Receiving Unemployment Benefits Falls Below 20 Million

AMERICA - Published date: .

Jobless claims totaled 1.48 million last week as unemployment related to the coronavirus pandemic remained stubbornly hi... Read more

Fed's Rosengren Reports 'tremendous Interest' From Businesses For Loan Program

AMERICA - Published date: .

As the Main Street lending facility wraps up its first full week of operation, Rosengren reported brisk interest on the ... Read more

Jobless Claims Total 1.5 Million, Worse Than Expected As Economic Pain Persists

AMERICA - Published date: .

The elevated claims number persists even as all states have reopened to varying degrees and nonfarm payrolls grew by 2.5... Read more

Powell Warns Of 'significant Uncertainty' About The Recovery And Says Small Businesses Are At Risk

AMERICA - Published date: .

The Fed chairman repeated warnings about the economy during the first day of his semiannual testimony before Congress. Read more

Powell Says The Fed Doesn't Want To 'run Through The Bond Market Like An Elephant'

AMERICA - Published date: .

Powell said the central bank's announced move this week to buy corporate bonds fulfills a pledge it had made earlier but... Read more

New York Region Manufacturers Are The Most Optimistic Since The Great Recession

AMERICA - Published date: .

Monthly improvement came across the board, especially in the index of future business conditions. Read more

Weekly Unemployment Claims Better Than Expected As Workers Leave Jobless Rolls

AMERICA - Published date: .

Those collecting benefits declined as well, totaling 20.9 million, compared with a downwardly revised 21.5 million a wee... Read more

Fed Sees Interest Rates Staying Near Zero Through 2022, GDP Bouncing To 5% Next Year

AMERICA - Published date: .

The Fed also said it will continue to increase its bond holdings, targeting Treasury purchases at $80 billion a month an... Read more

Mortgage Demand From Homebuyers Amazes Again, Now Up 13% Annually Despite Rising Rates

AMERICA - Published date: .

Rising interest rates did nothing to deter an onslaught of mortgage demand from homebuyers: Applications for loans to pu... Read more

The U.S. Entered A Recession In February, According To The Official Economic Arbiter

AMERICA - Published date: .

"The unprecedented magnitude of the decline in employment and production, and its broad reach across the entire economy,... Read more

May Sees Biggest Jobs Increase Ever Of 2.5 Million As Economy Starts To Recover From Coronavirus

AMERICA - Published date: .

Nonfarm payrolls in May were expected to decrease by 8.333 million while the unemployment rate was seen rising to 19.5%,... Read more

Jobless Claims, Total Unemployment Level Worse Than Expected

AMERICA - Published date: .

First-time claims for unemployment insurance were expected to total 1.775 million last week, according to economists sur... Read more

Private Payrolls Decline By 2.76 Million In May, ADP Says, A Much Smaller Drop Than Feared

AMERICA - Published date: .

The reported total was well below the 8.75 million estimate from economists surveyed by Dow Jones. The reason for the wi... Read more

GDP Is Now Projected To Fall Nearly 53% In The Second Quarter, According To A Fed Gauge

AMERICA - Published date: .

The GDPNow outlook is now showing a 52.8% tumble, following data that manufacturing remains firmly in decline and will w... Read more

Jobless Claims Total 2.4 Million, Still Elevated Levels But A Declining Pace From Previous Weeks

AMERICA - Published date: .

The total, while still well above anything the nation had seen in pre-coronavirus America, represents the seventh straig... Read more