St. Louis Federal Reserve Bank President James Bullard weighs in Minneapolis Federal Reserve President Neel Kashkari is urging Congress to be “aggressive” with economic assistance in order to boost the United States’ recovery from the coronavirus pandemic. “I’m seeing, especially on the small business front, I mean, some sectors of the […]
recovery
Here are 3 things to watch for as earnings season kicks off amid continued economic recovery, according to LPL
Drew Angerer/Getty Images With earnings season set to officially kick off on Tuesday, LPL is out with a list of three things to watch for in company results. LPL expects management teams to instill confidence in investors as an economic recovery from COVID-19 is well underway. “Mostly better-than-expected economic […]
Asia Leading The Economic Recovery As Western World Still Hunkering Down
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NYC Mayor Bill de Blasio greets a student at Public School 188 on September 29, 2020 in Manhattan. A … [+] week later, he said he will close schools and non-essential business in 9 zip codes. (Photo by Spencer Platt/Getty Images) Getty Images Asian manufacturing, led by China and India, […]
77% Of Economic Activity Lost To Social Distancing Is Back, But An Economic Recovery Still Depends On A Vaccine
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Topline Third-quarter earnings season officially kicks off this week with big banks, airlines and consumer-staple firms set to report on Tuesday, and though Wall Street’s eyeing improvements over the previous quarter, a sustained economic recovery is still ultimately contingent on widespread vaccination. A restaurant server wears a mask at 46th […]
The case for a woman-focused economic recovery
“The 360” shows you diverse perspectives on the day’s top stories and debates. What’s happening When the coronavirus outbreak first started to spread in the U.S., some referred to it as “the great equalizer” because of the health risk it posed to everyone. But that sentiment hasn’t been borne out […]
Oil Rises Toward $40 After Recovery in Chinese Crude Imports
(Bloomberg) — Oil rebounded after its biggest daily drop in more than a week amid dollar weakness and data showing Chinese crude imports rose last month. Load Error Futures in New York rose around 1% toward $40 a barrel. Chinese crude imports climbed 2.1% in September from August, the General […]
Health Insurance Procurement Intelligence Report with Roadmap for Recovery from COVID-19
LONDON–(BUSINESS WIRE)–The Health Insurance procurement market will register an incremental spend of about $748 billion, growing at a CAGR of 7.29% from 2020-2024. A targeted strategic approach to Health Insurance market sourcing can unlock several opportunities for buyers. This report offers market impact and new opportunities created due to the […]
Stimulus Talks Drag On as US Economic Recovery Falters | Voice of America
WASHINGTON – As the Trump administration and Congress argue over the scope of a new stimulus package to boost America’s pandemic-ravaged economy, analysts warn that delays will inflict financial pain on vulnerable populations and may delay an economic recovery once the virus is brought under control. With the presidential election […]
Strict COVID-19 lockdowns may speed up economic recovery: IMF
WASHINGTON (Reuters) – Early lockdowns in an epidemic can substantially reduce infections, and policymakers should be wary of lifting them to jumpstart their economies when infections remain high, the International Monetary Fund said on Thursday. FILE PHOTO: International Monetary Fund logo is seen outside the headquarters building during the IMF/World […]
Services sector recovery slows amid new restrictions
Output growth in the services sector significantly slowed in September, BDO said. Photo: Getty UK business recovery is losing momentum as various government measures designed to prevent the spread of the coronavirus, such as the ‘rule of six’ and the 10pm curfew, hit businesses, a report from business advisory firm […]
French Economic Recovery Is Stuck
(Bloomberg) — French economic output is plateauing at 5% below pre-crisis levels, according to the Bank of France, adding to signs the country’s recovery from lockdown is faltering. The central bank’s monthly survey of some 8,500 companies showed little change between August and September in the level of activity in […]
Greater Houston Partnership talks Houston economic recovery
An executive from the Greater Houston Partnership spoke with Houston Northwest Chamber of Commerce members about the struggle for economic recovery, with forces pulling the economy both in and out of the recession. Patrick Jankowski, senior vice president of the group, said Thursday the struggle was like a tug of […]
COVID-19 Impact and Recovery Analysis
Press release content from Business Wire. The AP news staff was not involved in its creation. https://apnews.com/press-release/business-wire/virus-outbreak-health-lung-disease-diseases-and-conditions-infectious-diseases-4c7ab98e388141f6bfc71e3e7277c078 Click to copy LONDON–(BUSINESS WIRE)–Oct 11, 2020– The Global HVAC Air Ducts Market is poised to experience spend growth of more than USD 1,119 million between 2020-2024 at a CAGR of over 4.81%. […]
UK’s Sunak Expands Help for Some Lockdown-Hit Firms as Recovery Wanes | Investing News
By Andy Bruce and William James LONDON (Reuters) – British finance minister Rishi Sunak took fresh steps on Friday to try to stave off a surge in unemployment, offering extra help for businesses and people who are forced to stop work during local coronavirus lockdowns. In a move likely to […]
Australian banks strong enough to withstand economic shock, support recovery – RBA
SYDNEY (Reuters) – The rate of non-performing loans to Australian households was set to rise over coming months, the country’s central bank said on Friday, though the financial system has the strength to withstand any shocks. FILE PHOTO: A worker pushing a trolley walks with pedestrians past the Reserve Bank […]
RBI holds rates steady, sees economic recovery taking root
By Swati Bhat, Euan Rocha MUMBAI (Reuters) – The Reserve Bank of India (RBI) left key interest rates unchanged on Friday as widely expected, while keeping policy accommodative to help pull the coronavirus-ravaged economy out of its worst slump in four decades. FILE PHOTO: A worker walks past the logo […]
Fed: Economic recovery will slow without more aid from Congress
The meeting minutes underscore how Fed leaders view another stimulus package — one that reaches households, businesses and local governments still on the brink — as essential to a strong and stable recovery. At the meeting, Fed leaders updated their estimates on unemployment in the coming years to reflect a […]
IMF economic outlook: Lifting lockdowns won’t help recovery until cases fall
Reversing lockdown measures while cases remain elevated is unlikely to drive a robust economic recovery, the International Monetary Fund said in a Thursday blog post. Researchers at the organization found that voluntary quarantining plays a substantial role in stifling a rebound as fears of contracting the coronavirus keeps consumers from […]
U.S. Economic Recovery Sputtering as COVID-19 Persists
DENVER, Oct. 08, 2020 (GLOBE NEWSWIRE) — The U.S. economy has been improving since late spring, but progress has slowed measurably, and the economy remains fragile. Another broad fiscal relief package appears to be off the table at least in the near-term, which means the currently sluggish economy will likely […]
UK’s Sunak expands help for some lockdown-hit firms as recovery wanes
By Andy Bruce, William James LONDON (Reuters) – British finance minister Rishi Sunak took fresh steps on Friday to try to stave off a surge in unemployment, offering extra help for businesses and people who are forced to stop work during local coronavirus lockdowns. Britain’s Chancellor of the Exchequer, Rishi […]