Sep 21, 2020-Monday

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Monday, Sep 21, 2020

Us economy

Sep 04, 2020 18:27
Employers added 1.4 million jobs, the Labor Department said Friday, down from 1.7 million in July. The US economy has recovered about half the 22 million jobs lost to the pandemic. read more
Aug 27, 2020 21:33
“But millions of workers in travel, hotels and restaurants have been directly impacted, which means “a couple of years of... relatively high unemployment,” Federal Reserve Chair Jerome Powell said. read more
Aug 16, 2020 00:07
In his Independence Day speech, Modi said a series of economic reforms like one nation-one tax, Insolvency and Bankruptcy Code, and the bank merger have caught attention of the global investors. He credited the reforms for attracting huge FDI last year. read more
Aug 10, 2020 23:50
The former PM and the senior Congress leader warned that the disruptions due to the lockdown to prevent infections would lead to a prolonged slowdown and that it was important to strategise the response, including by measures such as offering credit guarantees to businesses and making financial institutions more robust. read more
Aug 07, 2020 18:18
The unemployment rate fell to 10.2 percent from 11.1 percent in June, still slightly worse than the depth of the global financial crisis in October 2009. read more
Aug 01, 2020 00:07
How soon can an economy get back to its pre-pandemic levels? And the question is, how can a country protect itself from further coronavirus disruptions, which are inevitable? read more
Jul 31, 2020 14:46
At the interbank forex market, the rupee opened at 74.74, and witnessed an intra-day high of 74.68 during the session and a low of 74.90 against the US dollar. read more
Jul 30, 2020 18:14
The decline, though slightly less bad than expected, was the worst on record, dating back to 1947. The Commerce Department figures are an annual rate so not comparable to the quarterly contractions reported in other advanced economies. read more
Jul 16, 2020 00:17
Businesses began to reopen, and retail sales improved across the country, but there were some new layoffs and employment, too, is far below where it was before Covid-19 struck, the Federal Reserve report said. read more
Jul 07, 2020 20:17
Donald Trump’s demand that schools open this fall was a reminder of how politicized the issue has become. read more
Jul 07, 2020 18:49
Visa restrictions on students will harm the US and offer no benefits to its citizens read more
Jun 24, 2020 11:57
Trump has directed his officials to overhaul the H-1B programme to turn it merit-based by prioritising highest paid applicants. read more
Jun 22, 2020 07:10
The economy had lost 22.1 million jobs in March and April when most parts of the US were under lockdown due to the coronavirus outbreak. read more
Jun 11, 2020 21:30
Orders to close businesses to stop the virus’s spread beginning in mid-March have badly harmed the world’s largest economy, leading to tens of millions of layoffs and an unemployment rate of 13.3 percent in May, a figure reminiscent of the Great Depression 90 years ago. read more
Jun 10, 2020 23:45
Fed officials have estimated that the US economy will shrink 6.5% this year, in line with other forecasts, before expanding 5% in 2021. read more