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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 …

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Key Words: Trump himself asks why Woodward didn’t immediately report the president’s comments about playing down the coronavirus

The reactions keep coming after excerpts from famed journalist Bob Woodward’s new book said that President Donald Trump knew early on that the coronavirus was “deadly stuff” but wanted to “play it down.” Woodward himself has drawn considerable criticism for not reporting Trump’s comments sooner — and the president has …

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Capitol Report: Trump defends his trip to Kenosha, praises stock market’s August surge

President Donald Trump at a news conference on Monday evening defended his decision to visit Kenosha, Wis., as he also declined to criticize the teen accused of fatally shooting two protesters in that small city. The president was asked at the news conference about whether he had considered not making …

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Europe Markets: European stocks and Dow futures rise as U.S. and China report positive trade talks

In this July 31, 2019, file photo U.S. Trade Representative Robert Lighthizer, center, gestures as he chats with Chinese Vice Premier Liu He, at right with Treasury Secretary Steven Mnuchin, left, looking on after posing for a family photo at the Xijiao Conference Center in Shanghai. U.S. and Chinese trade …

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Economic Report: Consumer sentiment remains weak in August amid swirling coronavirus pessimism

Americans didn’t feel any better about the economy or their own financial situation in August than they did in the previous month, reflecting broad worries about the still-spreading coronavirus and the likelihood of a slow recovery, a new survey showed. The preliminary reading of the consumer sentiment survey in August …

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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 …

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Capitol Report: Trump says his executive actions led to stock market’s gain, as briefing gets interrupted by shooting

President Donald Trump on Monday tied the latest gains in the stock market to his coronavirus-aid moves on Saturday, as he spoke at a news conference that was interrupted by a shooting outside the White House. “So we issue those executive orders, and the stock market went up 358 points …

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Capitol Report: Trump eyes executive orders after stalemate on coronavirus relief but doesn’t pull trigger

President Donald Trump on Friday evening signaled he is close to issuing executive orders to make an end run around a stalled stimulus package with Congressional Democrats but stopped short of issuing them. Trump said the orders might be issued before next week. “They are being drawn by the lawyers …

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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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