You Searched For "economic recovery covid" and got 20 results
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2 mins read
The jobs recovery surged forward in June, but not for Black Americans
The Black jobless rate is nearly twice the white one. An economist says it's just "a longer job sea…
Joseph Zeballos-Roig
1 min read
Dow falls 700 points as new coronavirus variant threatens to derail global economic recovery
Travel-related stocks sold off sharply, while shares of vaccine makers and stay-at-home stock plays…
Carla Mozée
2 mins read
US jobless claims mark a full recovery to pre-COVID lows, sliding to 199,000
Jobless claims hit their lowest point since 1969 while continuing claims fell to 2.05 million for t…
Ben Winck,Madison Hoff
2 mins read
The economy's recovery from COVID is 3 times faster than the rebound from the Great Recession
Unemployment dropped far more than expected in July, to 5.4%. At the same point in the Great Recess…
Ben Winck,Andy Kiersz
2 mins read
US stocks trade mixed as rising COVID-19 cases weigh on economic recovery prospects
The yield on 10-year Treasury fell to 1.522%. Oil prices slipped as the COVID-19 surge in Europe ra…
Isabelle Lee
2 mins read
61% of small businesses think Delta stopped the economic recovery in its tracks
A survey for the Wall Street Journal found small business confidence is at its lowest level since M…
Ayelet Sheffey
3 mins read
Republicans are soiling Americans' view of the economic recovery
GOP voters think Biden's economy is worse than the one from the Great Recession. They hate it so mu…
Ben Winck,Andy Kiersz
5 mins read
Hospitality, sit-down restaurants, and other industries hit hardest by the pandemic are finally hiring again
Data from top job sites including Flexjobs, Indeed, Joblist, Monster, and Snagajob shows which indu…
Tyler Sonnemaker
2 mins read
This jobs rebound is blowing past recoveries out of the water
After 24 months of recovery, US employment is just 1.4% lower than pre-crisis. It took 67 months to…
Ben Winck
10 mins read
How the pandemic upended the US job market in 2020, leaving permanent scars in its wake
Just over half of the 22 million US jobs lost during the pandemic have been regained, but lasting s…
Ben Winck,Juliana Kaplan
2 mins read
The IMF warned of an uneven global recovery. It just got worse.
The IMF raised its growth forecast for advanced economies and lowered its outlook for developing na…
Ben Winck
2 mins read
Global stocks trade mixed as investors focus on economic recovery, despite mounting concerns about new COVID-19 variants
Investors are looking ahead to another round of earnings this week with 80 large-cap companies in t…
Shalini Nagarajan
2 mins read
The US economy is set to fully recover to pre-COVID levels this quarter - a feat that took more than 3 years after the last financial crisis
It took more than three years for the US economy to recover its pre-crisis size after the 2008 cras…
Harry Robertson
1 min read
Foreign investors are shunning Chinese stocks and bonds as Beijing's economic headache builds
Foreign investors offloaded $188 billion worth of Chinese assets between December 2021 and June 202…
George Glover
2 mins read
Fauci says that Trump's call to 'liberate' Virginia and Michigan during the early weeks of the COVID-19 pandemic was 'like a punch to the chest'
In a CNN special report, Dr. Fauci said he was taken aback by the former president calling for stat…
John L. Dorman
4 mins read
It's already too late for Biden's economy to save Democrats in the 2022 midterms
Experts see inflation cooling and unemployment dropping next year, but history suggests Republicans…
Ben Winck,Joseph Zeballos-Roi…
2 mins read
Dow soars 452 points as recovery hopes grow amid accelerated vaccine rollout
US stocks gained on Friday as optimism around the recovery grew and investors resumed buying stocks…
Isabelle Lee
2 mins read
IMF chief economist urges more fiscal stimulus to break the global liquidity trap
Gita Gopinath, chief economist of the International Monetary Fund (IMF), has urged policymakers to …
2 mins read
Elon Musk praises Javier Milei's World Economic Forum speech — and gets his Grok AI to make his annual dig at Davos
The Tesla CEO also used his AI chatbot Grok to give World Economic Forum chief Klaus Schwab a "roas…
Tom Carter
3 mins read
The labor market is on track to complete its post-COVID recovery 15 months from now
The US added 559,000 jobs in May, but the labor market is far from healed. And even a full recovery…