You Searched For "coronavirus pandemic" and got 20 results
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3 mins read
This is what has to happen for the US to avoid a deep recession
The Fed will have to thread the needle with policy to cool down the labor market faster and more sh…
Phil Rosen
1 min read
SVB, BBBY, Lordstown lead list of US bankruptcies as companies fold up at the fastest pace since 2010
More US companies collapsed during the six months through June than any other half-year period sinc…
Joseph Wilkins
1 min read
Zoom boomed during the pandemic, but the return-to-work drive means it's ready for a radical change
"Our logo and our brand — it's a blessing and a curse because everybody knows Zoom but everybody kn…
Beatrice Nolan
2 mins read
The UK economy suffered the biggest slump in the G7 in 2020, shrinking a record 9.9% as COVID-19 hit hard
The UK economy grew 1% in the final three months of 2020, but gross domestic product remained 7.8% …
Harry Robertson
1 min read
Nobel economist Paul Krugman defends Bidenomics, touting the US's success in taming inflation
Krugman defended the president's economic track record, noting that inflation has fallen rapidly wh…
Zinya Salfiti
2 mins read
'Voracious appetite' from pandemic-weary millennials will send apparel stocks higher, Bank of America says
In a note published on Wednesday, Bank of America said apparel spending will take off thanks in lar…
Isabelle Lee
2 mins read
Global stocks pull back from record highs as COVID-19 cases rise at the fastest rate since the pandemic began
The stock market's fear gauge, or the VIX index, logged its biggest rise in three weeks by ticking …
Shalini Nagarajan
1 min read
UK government unveils £4.6 billion in new lockdown stimulus for businesses hard-hit by COVID-19
Government announces almost £5 billion in help for retail, hospitality and leisure firms, after new…
Amanda Cooper
2 mins read
Millionaires are fleeing China at a faster pace as the post-COVID economic rebound fizzles
China will see a net loss of 13,500 high-net-worth individuals in 2023, up from 10,800 in 2022, the…
Jason Ma
3 mins read
World Bank warns global economy could be heading for a 'lost decade' of growth after the coronavirus pandemic
The coronavirus pandemic will hit long-term global economic growth and could even cause a 'lost dec…
Harry Robertson
1 min read
The post-pandemic economy will see a new class of growth stocks emerge, Fundstrat's Tom Lee says
Tom Lee is reiterating his call to shed Zoom, Netflix, and Peloton. He says stocks that hinge on an…
Emily Graffeo
2 mins read
Biden says another pandemic will come and the US needs to start preparing for it
The White House's proposed budget, released in March, suggests allocating $82 billion toward prepar…
Matthew Loh
3 mins read
Ex-Georgia mayor gets prison for stealing hundreds of thousands of dollars of his city's COVID-19 relief funds
The Justice Department said Jason Lary, the 60-year-old former mayor of Atlanta suburb Stonecrest, …
Jake Epstein,Lloyd Lee
1 min read
Oil prices hit highest in 6 weeks after OPEC+ keeps production hike modest
Led by OPEC's Saudi Arabia and non-OPEC member Russia, the group will collectively pump an addition…
Phil Rosen
2 mins read
Asset prices could crumble if the pandemic isn't effectively contained, Fed report warns
The energy, hospitality, and travel sectors are the most prone to a negative shock from rising coro…
Ben Winck
1 min read
Bill Gates-backed CureVac jumps 18% on report it's in advanced talks with the EU for 225 million doses of its potential COVID-19 vaccine
The contract would also give the European Commission the option to purchase an additional 180 milli…
Carmen Reinicke
8 mins read
Stocks tank as pandemic fears return
21 states are still seeing an increase in daily new cases and the rate of infections show that the …
David Plotz,Henry Blodget
3 mins read
THE ONLINE GROCERY REPORT: The coronavirus pandemic is thrusting online grocery into the spotlight in the US — here are the players that will emerge at the top of the market
In The Online Grocery Report, Business Insider Intelligence first looks back at how online grocery …
Daniel Keyes
2 mins read
This Bill Gates-backed coronavirus vaccine developer has skyrocketed 431% in just 2 days after going public
"Our vision is to revolutionize medicine and open new avenues for developing therapies by enabling …
Carmen Reinicke
2 mins read
A full economic recovery will be 'very difficult' as long as COVID-19 remains a threat, Fed president Rosengren says
"Because of the continued community spread of the virus, I am concerned that the pandemic will limi…