Presidential Leadership Index and National Outlook Index rise by double digits across every component The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, revealed dramatic increases in positive sentiment this month, rising from 45.0 to 55.2 (22.7{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05}) overall. This brings the index back into positive territory for […]
Economic
Chester aims to revitalize its waterfront after decades of economic hardships
Having to face financial hardships for many years, the city of Chester has approved yet another plan to revitalize its waterfront. Chester aims to revitalize its waterfront Click to expand UP NEXT A plan that could take up to 15 years, in hopes of bringing success to a city that […]
How one mortgage servicing company is prioritizing home retention during economic uncertainty
Nearly two years ago, Ocwen acquired PHH Corporation, and Glen Messina became the president and CEO of the newly combined companies. Today, Ocwen Financial Corporation is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. HousingWire spoke with Messina on […]
Euro zone economic recovery in danger as services slide
By Jonathan Cable LONDON (Reuters) – Euro zone business growth ground to a halt this month, throwing the economic recovery into question, as fresh restrictions to quell a resurgence in coronavirus infections slammed the services industry into reverse, a survey showed on Wednesday. The renewed downturn in the dominant services […]
Terry McAuliffe column: A federal privacy law Is essential to economic recovery | Columnists
Witness the recent case in which police use of ineffective facial recognition technology led to the arrest of an innocent African American man in Detroit. And while states are starting to step up to fill the gaps, a state-by-state approach will lead to conflicting privacy standards and leave Americans inconsistently […]
Euro Zone Economic Recovery in Danger as Services Slide | Investing News
LONDON (Reuters) – Euro zone business growth ground to a halt this month, throwing the economic recovery into question, as fresh restrictions to quell a resurgence in coronavirus infections slammed the services industry into reverse, a survey showed on Wednesday. The renewed downturn in the dominant services sector, which is […]
As China Ages, a Push to Add Elevators Offers a New Kind of Economic Relief
GUANGZHOU, China — When China faced previous economic slowdowns, it favored pharaonic, multibillion-dollar construction projects to quickly pump money into the economy. A bullet train network that now connects 700 cities. Ultramodern expressways longer than America’s interstate highways. And 81 of the world’s 100 highest bridges. Now, a top Chinese […]
Wildfires intensify economic pain in the West
(AP) — The fires consuming the forests of California and Oregon and darkening the skies over San Francisco and Portland are also damaging a regional economy already singed by the coronavirus outbreak. Wildfires are destroying property, running up huge losses for property insurers and putting a strain on economic activity […]
For home care workers, COVID-19 is a health crisis and economic one
This story was published in partnership with The 19th, a nonprofit, nonpartisan newsroom reporting on gender, politics and policy. Here’s how the federal interest rate can help save the economy during a recession Click to expand UP NEXT When COVID-19 came to New Orleans, Nicole Alston felt the impact immediately. […]
Bullock unveils report on economic impact of Medicaid expansion | News
Gov. Steve Bullock framed Medicaid expansion as a program that benefits businesses and bolsters the economy during a visit to Bozeman on Tuesday where he released a report on the health care plan. The report said about 59{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} of Montana businesses had workers enrolled in Medicaid in 2018 and 2019 […]
Broadcasting Joe Biden’s Economic Program
A few days ago, Bernie Sanders warned Joe Biden’s campaign that it needed to broaden its focus from attacking Donald Trump. “You got to give people an alternative or reason to vote for you other than saying, ‘I’m not Donald Trump,’ ” Sanders, who is supporting Biden, told PBS. “And that […]
Japan’s Worst Postwar Economic Downturn Could Force New Leader to Boost Stimulus | Investing News
By Leika Kihara and Daniel Leussink TOKYO (Reuters) – Japan’s economy sank deeper into its worst postwar contraction in the second quarter as the coronavirus jolted businesses more than initially thought, underscoring the daunting task the new prime minister faces in averting a steeper recession. Other data put that challenge […]