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As the world economy has struggled to regain its footing amidst the events of the past few years, Chinese exports have skyrocketed in the global market, rapidly increasing production to cover the quickly-rising global demand. In just one year, China's trade surplus with the US alone rose to $335.5 billion in 2021, up from $308.1 billion in 2020.
Business and economy. German economic crisis. German workers' union IG Metall announces they will go on extended strikes next week leading up to a fourth round of negotiations with Volkswagen. The value of a Bitcoin surpasses US$100,000 for the first time, after increasing 130% in the past year.
On 26 March, MTI said it believed that the economy would contract by between 1% and 4% in 2020. This was after the economy shrank some 2.2% in the first quarter of 2020 from the same quarter in 2019. [378] On 26 May, the Singapore economy contracted 0.7%YoY, which was better than the expected contraction of 2.2%.
Indexes ended lower on Thursday as traders focused on the coming jobs report. The data is expected to show the US economy added 214,000 new hires, a steep uptick from October's reading.
H-1B Employer Data used its own data, news reports, and economic research to explore how a shortage of visas for skilled workers has impacted the U.S. economy.
The massive stimulus payments made by the U.S. government in 2020 and 2021 in response to the coronavirus pandemic were a bit of a double-edged sword. On one hand, the payments helped prevent the...
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 ...
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December. The latest data from the Bureau ...
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