Economy & Politics
CBO: US Economy Could Take 10 Years to Catch Up After Coronavirus Pandemic
The US economy will be affected by the coronavirus pandemic for almost a decade, according to projections by the Congressional Budget Office...
Senator Richard Burr To Step Down As Intel Chair Amid Stock Sales Investigation
Richard Burr, the Republican chairman of the Senate intelligence committee, will step down while an insider trading inquiry is carried out.
Tara Reade Interview: Joe Biden Assault Accuser Urges Him to Quit Presidential Race
Tara Reade, who accuses Democratic White House candidate Joe Biden of assaulting her 27 years ago, has called on him to quit...
Coronavirus: 33.3 Million Americans Filed Unemployment Claims in Last Six Weeks
The number of US unemployment claims has hit 33.3 million since mid-March amid coronavirus lockdown, about 20% of the US workforce.
Coronavirus: US Oil Prices Fall to Lowest Level Since 1999
The price of US oil has dropped to a level not seen since 1999, as demand dries up and storage runs out.
Coronavirus: President Trump Unveils “Opening Up America Again” Guidelines
President Donald Trump has given governors guidance on reopening state economies in the coming months as the new coronavirus continues to spread...
Coronavirus: US Lost 20 Million Jobs Over the Last Four Weeks
More than 20 million Americans filed for unemployment benefits over the last four weeks, according to Department of Labor filings.
Coronavirus: Italy and Austria Ease Lockdown for Some Businesses
Italy and Austria seek to ease restrictions brought in to stem the spread of the coronavirus. The European Commission...
White House 2020: Bernie Sanders Endorses Joe Biden
Bernie Sanders has announced he is endorsing Joe Biden's campaign to take on Donald Trump in November's election. The...
Coronavirus: World Faces Worst Economic Fallout Since 1930’s Great Depression, Says IMF
IMF Managing Director Kristalina Georgieva has warned the coronavirus pandemic will turn global economic growth "sharply negative" this year.
Coronavirus: US Unemployment Rate Surges for Third Week
More than 6.6 million Americans filed jobless claims in the week ending April 4, the Department of Labor said.
White House 2020: Bernie Sanders Ends Election Campaign
Bernie Sanders has decided to suspend his presidential campaign, clearing the way for former Vice-President Joe Biden to become the Democratic Party's...
Coronavirus: More than 6.6 Million Americans File for Unemployment Last Week
More than 6.6 million Americans filed jobless claims in the week ended on March 28, the Department of Labor said.
Coronavirus: Instacart and Amazon Workers Plan Strike for Better Protection
Image source: Wikimedia Commons Some workers at food delivery company Instacart and US and Italian workers at Amazon have...
Coronavirus: President Trump Signs Largest-Ever US Financial Stimulus Package
President Trump has signed into law the largest-ever US financial stimulus package, worth $2 trillion, as the country grapples...
Coronavirus: US Senate and White House Agree on $1.8TN Stimulus Package
Senate leaders and the White House have agreed on a stimulus package worth more than $1.8 trillion to...
What are the Current Hot Topics in Economics?
Image source: The Blue Diamond Gallery Equal Pay Women make up almost half of the...
Coronavirus: Global Stock Markets Sink Again Despite Central Banks’ Coordinated Efforts
Global stocks have plunged again despite central banks around the world announcing a coordinated effort to ease the...
White House 2020: Joe Biden Continues Winning Streak in Latest Democratic Primaries
Joe Biden has strengthened his position as front-runner in the Democratic race to take on President Donald Trump...
Coronavirus: London’s FTSE 100 Index Faces Its Worst Day Since 2008 Financial Crisis
Image by Oli Hale from Pixabay London’s FTSE 100 index is facing its worst day since the financial...
White House 2020: Elizabeth Warren Ends Presidential Campaign
Image source: Wikimedia Commons Massachusetts Senator Elizabeth Warren has decided to end her presidential campaign following disappointing Super Tuesday results.
Super Tuesday 2020: Joe Biden and Bernie Sanders Lead Race to Face Donald Trump
In a remarkable rebound for his campaign, Joe Biden has won nine of the 14 states that voted...
White House 2020: Pete Buttigieg Ends His Presidential Campaign
Image source: Wikimedia Commons Former South Bend Mayor Pete Buttigieg has announced he is ending his campaign for the...
PenelopeGate: Francois Fillon’s “Fake Jobs” Trial Begins in France
Penelope Fillon (Image source: Wikipedia) France’s ex-PM François Fillon has appeared in court for his role in a "fake...
US Intelligence Agencies Warn that Russia Is Meddling in Donald Trump Re-Election
Image source: Wikimedia Commons According to recent reports, US intelligence agencies have warned that Russia is attempting to help...
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