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The economic impact of the COVID-19 pandemic in the United States has been widely disruptive, adversely affecting travel, financial markets, employment, shipping, and other industries. The impacts can be attributed not just to government intervention to contain the virus (including at the Federal and State level), but also to consumer and ...
In 2021, as a consequence of the COVID-19 pandemic and, later, the ongoing 2022 Russian invasion of Ukraine, global supply chains and shipments slowed, causing worldwide shortages and affecting consumer patterns. Causes of the economic slowdown included workers becoming sick with COVID-19 as well as mandates and restrictions affecting the ...
Business and economy. Second Trump tariffs. 2025 United States trade war with Canada and Mexico. Following phone calls between United States President Donald Trump, Mexican President Claudia Sheinbaum, and Canadian Prime Minister Justin Trudeau, Trump announces a pause on some tariffs on both Canada and Mexico until April 2.
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The Dow Jones Industrial Average dropped 748 points, or 1.7%, and the Nasdaq composite tumbled 2.2%. The preliminary report from S&P Global said activity unexpectedly shrank for U.S. services ...
Other development and consulting firms — many such smaller businesses dot the Washington area and focus on US government contracts as their main source of revenue — could see much deeper ...
Credit constraints affect 24% of SMEs and 27% of young businesses. [16] More than two-fifths of businesses (44%) did not experience a year-on-year sales loss as a result of COVID-19 at the time of the European Investment Bank's investment survey, and more than half predicted stronger sales in 2022 than before the pandemic. [56] [57] [58]
The S&P 500 chugged to a record high last week as new inflation data signaled good news about the Federal Reserve's rate cut plans.For the week, the Nasdaq Composite rose more than 2.5%, while the ...