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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 ...
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...
In a research note released to reporters on Monday, BofA's economics team led by Claudio Irigoyen projected the US economy will grow at an annualized rate of 2.4% in 2025, higher than current ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Just 10 days ago, anxious markets were freaking out about the US economy ...
Business and economy. American coffeehouse chain Starbucks announces that it is cutting 1,100 jobs across its stores in the United States as part of cost reduction measures. The company also announces that its menu will be "simplified" and shrunk by 33%. Health and environment. Health in the Democratic Republic of the Congo
American companies such as Boeing, Cessna (see: Textron), Lockheed Martin (see: Skunk Works), and General Dynamics produce a majority of the world's civilian and military aircraft in factories across the United States. The manufacturing sector of the U.S. economy has experienced substantial job losses over the past several years.
If you’re already optimistic about the economy’s current state, you’re going to feel even better by parsing through some of the latest labor market data. Currently, there are 8.5 million job ...
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.
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