by mujair | May 26, 2020 | Business & Finance News
Ms. Huang, who graduated last year from one of China’s most prestigious drama schools, got an offer in December for her first job in show business, working for a company that books bands for bars in Beijing and Shanghai. The coronavirus, which virtually froze China...
by mujair | May 20, 2020 | Business & Finance News
Federal Reserve officials worried that coronavirus-related lockdowns could spur bankruptcies and longer-term unemployment, potentially inflicting lasting damage on the United States economy, minutes from their late-April meeting showed. Central bank officials met...
by mujair | May 15, 2020 | Business & Finance News
Industrial production surged last month in China more than twice as fast as most economists expected, according to official data released on Friday by the country’s National Bureau of Statistics. But retail sales fell even more sharply than anticipated, while orders...
by mujair | May 14, 2020 | Business & Finance News
The Federal Reserve chair, Jerome H. Powell, delivered a stark warning on Wednesday that the United States was experiencing an economic hit “without modern precedent,” one that could permanently damage the economy if Congress and the White House did not provide...
by mujair | May 10, 2020 | Business & Finance News
The stock market looks increasingly divorced from economic reality. The United States is on the brink of the worst economic collapse since the Hoover administration. Corporate profits have crumpled. More than a million Americans have contracted the coronavirus, and...
