LONDON (Reuters) – The euro zone’s rebound from its deepest economic downturn on record faltered in August, surveys showed on Thursday, with some countries in the bloc suffering more than…
Tag: recovery
U.S. weekly jobless claims below one million; but labor market recovery ebbing
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell below 1 million last week for the second time since the COVID-19 pandemic started in the…
Economic recovery stalls as consumers signal caution
NEW YORK (AP) — The U.S. economy’s economic engine may be running out of fuel. Consumer spending accounts for about 70{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} of the U.S. gross domestic product, making it the…
Emirates optimistic on network recovery by summer 2021; operates one-off A380 flight to PH’s Clark airport
MANILA, Philippines, Sept. 3, 2020 /PRNewswire/ — International airline Emirates indicated optimism that it will be able to operate 100 percent of its network of destinations by summer of next…
Pre-COVID Data About US Entrepreneurs Offers Promise for Economic Recovery
WELLESLEY, Mass., Sept. 2, 2020 /PRNewswire/ — In the United States, total entrepreneurial activity (TEA) increased to 17.4{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} in 2019, a 10{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} increase over 2018 and the highest level reported…
Recession recovery: Personal tax cuts central to Treasurer Josh Frydenberg’s economic plan
Australians will likely receive fast-tracked personal tax cuts as the nation’s treasurer plots a path out of recession. Josh Frydenberg is stitching together a federal budget in the face of…