People walk through a crowded shopping street in Birmingham, central England on August 22, 2020. justin tallis/Agence France-Presse/Getty Images The U.K. economy grew 2.1% in August, according to data released Friday that showed the slowest monthly gain since the initial lockdowns. The gain in gross domestic product leaves the U.K. …
Read More »: Economists growing less optimistic about outlook for U.S. economy
A man walks by a pizza restaurant while wearing a face mask in Jersey City, New Jersey The road ahead for the U.S. economy looks rockier now than it did in June, according to a survey of economists released Monday. While growth is expected to continue, a panel of 52 …
Read More »3 Smart Ways You Can Sell Your Property Fast in a Declining Economy
When there is an economic slump with the property market declining, and supply is more than demand, you can sell your house quickly by reducing its price. Then, you also need to make your property appealing to buyers besides lowering the cost. According to an article published on https://www.huffpost.com, when …
Read More »NewsWatch: The numbers tell us the economy is better, but millions of Americans aren’t feeling it
MARKETWATCH FRONT PAGE The U.S. economy has kept growing despite a summer spike in coronavirus cases and the end of massive federal aid, but millions of Americans are either being left out or are in danger of being left behind. See full story. Apple’s launch event has one big unknown …
Read More »NewsWatch: The numbers tell us the economy is better, but millions of Americans aren’t feeling it
MARKETWATCH FRONT PAGE The U.S. economy has kept growing despite a summer spike in coronavirus cases and the end of massive federal aid, but millions of Americans are either being left out or are in danger of being left behind. See full story. Apple’s launch event has one big unknown …
Read More »Economic Report: U.K. GDP climbs 6.6% in July, as economy recovers slightly more than half of lost output
Shoppers walk by a discoloured patch of pavement in The Maltings shopping centre in Salisbury, southern England on September 4, 2020 . adrian dennis/Agence France-Presse/Getty Images The U.K. economy expanded by 6.6% in July, for its third consecutive monthly increase, according to data released Friday. The U.K. Office for National …
Read More »UK economy “quite likely” headed for more monetary stimulus – Bank of England official
A Bank of England official said Friday that he thought it “quite likely that additional monetary stimulus will be appropriate” in order for the British central bank to reach its official 2% annual inflation target. Michael Saunders, a member of the BoE’s rate-setting Monetary Policy Committee, said in a speech …
Read More »Economic Report: British economy suffered record collapse in the second quarter
A woman in a protective face mask waits for clients in a souvenir shop in landmark Southbank – a cultural centre of London as the city encourages internal tourism after global Coronavirus lockdown drastically shrunk international tourism in London, England, August 10, 2020. Dominika Zarzycka/Zuma Press The British economy collapsed …
Read More »The Fed: Job report gives Fed time to prepare more bazookas to help the economy
The July jobs report was likely viewed with some relief at the Federal Reserve in the sense that officials don’t have to rush forward with more monetary stimulus measures, economists said Friday. The U.S. economy regained 1.76 million jobs last month and the official unemployment rate fell for the third …
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