Category: World

Eighty-one percent of small U.S. companies surveyed by Veem, a global payments network, expect the new coronavirus pandemic to affect…

Investors were shocked on April 20 when oil futures set for May delivery fell below zero for the first time ever .…

United Kingdom Prime Minister Boris Johnson has unveiled the “careful steps” the government will take to ease the emergency restrictions…

Italy’s government is readying new measures to support companies struggling due to the coronavirus crisis, including tax incentives and hybrid…

The British government wants to slowly and cautiously restart the economy, housing minister Robert Jenrick said on Sunday ahead of…

China’s central bank said on Sunday it will step up counter-cyclical adjustments to support the economy and make monetary policy…

President Donald Trump on Saturday said the United States will next week begin purchasing $3 billion worth of dairy, meat…

A major U.S. airline trade group on Saturday said it backed the U.S. Transportation Security Administration (TSA) checking the temperatures…

The economic and financial carnage wrought by the pandemic could leave deep scars on the world economy. Central banks have…

The pandemic and subsequent recovery will accelerate the ongoing digitalization and automation of work—trends that have eroded middle-skill jobs while…

As the lockdowns began, the first impulse was to search for historical analogies—1914, 1929, 1941? Since then, what has come…

Sweden’s decision to avoid a strict lockdown like its European neighbors drew global attention and was not without controversy. But…

A record number of Americans just lost their job, and yet stocks are moving higher. This seems paradoxical given the…

Despite shedding a whopping 20.5 million payrolls and unemployment soaring to 14.7% in April, the U.S. labor market saw one worker…

The U.S. government reported more catastrophic economic fallout from the coronavirus crisis on Friday as the pandemic pierced the very…

The US has said it wants to borrow a record $3tn (£2.4tn) in the second quarter, as coronavirus-related rescue packages…

The US unemployment rate has risen to 14.7%, with 20.5 million jobs lost in April, as the coronavirus pandemic devastated…

Wang is used to job hunting in China. The 26-year old tech worker spent the last year jumping from one…

Goodbye, breakfast buffets and bellhop service. Hello, temperature screening and keyless check-in. While pandemic-era policies are still being developed at…

U.S. President Donald Trump, critical of China’s early handling of the coronavirus outbreak in the city of Wuhan in late…

Canada lost a record-breaking 2.0 million jobs in April while the unemployment rate surged to a near-record high 13.0%, according…

A further 3.2 million Americans sought unemployment benefits last week as the economic toll from the coronavirus pandemic continued to…

New York Gov. Andrew Cuomo said Thursday that he’s not willing to trade people’s lives to reopen the state’s economy, saying it’s…

Oil fell in a day of wild price swings as investors weighed supply-and-demand fundamentals against Saudi Arabia’s global price hike.…

President Donald Trump is living up to his self-given nickname “King of Debt.” On his watch, the United States has…

Things have fallen apart in global aviation since COVID-19 pandemic enveloped the sector. Airlines, airport authorities, ground handling companies, passenger…

Argentina is highly likely to slip into default this month, analysts have told CNBC, as the crisis-prone South American country…

The Bank of England has warned that the UK economy is heading towards its deepest recession on record. The impact…

Offices have been trending toward open workspaces for over a decade, as employers look to boost collaboration and maximize use…

Tesla’s (TSLA) billionaire chief Elon Musk is about to get even richer. Musk, who is worth $39.4bn according to Forbes, is…