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Self-proclaimed President-elect Joe Biden has chosen a budget director, Neera Tanden, who once argued the US should ease funding shortages for left-wing social programs by making countries like Libya pay for being bombed.
Nov 30, 2020 21:36
Los Angeles County has tightened its crackdown on surging Covid-19 cases by banning outdoor dining, leaving many restaurateurs with little hope of survival after trying to tailor their businesses to previous pandemic restrictions.
Nov 24, 2020 01:05
US stocks are facing a second straight day of losses, after President Donald Trump threatened to unleash a new barrage of retaliatory tariffs on China over the coronavirus crisis.
May 1, 2020 13:37
US President Donald Trump’s renewed attack on Beijing over the coronavirus crisis has sunk the Chinese national currency, the yuan, to a one month-low, while global markets also dipped lower.
May 1, 2020 12:32
Bond investors have started to debate whether the United States is heading into a deflationary spiral, even after trillions of dollars of stimulus has been injected into the coronavirus-hit global economy.
Apr 30, 2020 12:25
First-time filings for unemployment insurance hit 3.84 million in the week ending April 25, the US Labor Department announced on Thursday.
Apr 30, 2020 08:50
US gross domestic product (GDP) fell 4.8 percent in the first quarter of 2020 amid the coronavirus pandemic lockdown, according to data released by the Department of Commerce on Wednesday.
Apr 29, 2020 15:19
The US Central Bank said this week that it will widen the number of local governments from which it will buy debt through a forthcoming lending program. More than 200 municipalities will be allowed to participate.
Apr 29, 2020 11:39
A week after the price US WTI crude plunged into negative territory for the first time ever, oil prices continue to freefall as concerns mount about the oversupply on the market.
Apr 28, 2020 11:36