S&P 500 futures signaled a tepid rebound as investors weigh the prospect of renewed restrictions due to rising coronavirus infections damping the economic recovery.
Apple may reportedly be working on launching its own search engine. According to an online report, there are several indicators that support the move – from job announcements for search engineers to its Spotlight Search bypassing Google Search with iOS 14 beta.
Wall Street is still weighing the implications of the Federal Reserve's most substantive shift in the way it thinks about monetary policy in years.
U.S. retail sales increased less than expected in July as consumers cut back on purchases of motor vehicles, and could slow further in the months ahead amid spiraling new COVID-19 infections and a reduction in unemployment benefit checks.
China's retail sales slipped in July, dashing expectations for a modest rise, as consumers in the world's second-largest economy failed to shake off wariness about the coronavirus, while the factory sector's recovery struggled to pick up pace.
Morocco will stop people entering and leaving some of its biggest cities from midnight to contain a surge in COVID-19 cases, the interior and health Ministries said on Sunday.
China reported better-than-expected second quarter growth, bouncing back from a COVID-19 inspired rout. But Goldman and other analysts say it isn't all rosy.
‘A more inclusive economy where everyone has opportunity will mean faster workforce growth, faster productivity growth, and we’ll grow faster,’ the Dallas Fed president said.
The Paris-based economics group says it is just as likely a second wave will ravage the global economy as not.
U.S. exports and imports both posted their largest monthly decreases on record amid coronavirus-related shutdowns around the world.
U.S. manufacturing activity eased off an 11-year low in May, the strongest sign yet that the worst of the economic downturn was behind as businesses reopen, though the recovery from the COVID-19 crisis could take years because of high unemployment.
China's factory activity grew at a slower pace in May but momentum in the services and construction sectors quickened, pointing to an uneven recovery in the world's second-largest economy as businesses emerge from coronavirus-led shutdowns.
U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the growing frugality reinforced expectations the economy could take years to recover from the COVID-19 pandemic.
Kyle Bass made his name betting against the U.S. housing market more than a decade ago, and now he is predicting an economic contraction that could be more...
The U.S. economy likely lost a staggering 22 million jobs in April, in what would be the steepest plunge in payrolls since the Great Depression and the starkest sign yet of how the novel coronavirus pandemic is battering the world's biggest economy.
The ranks of Americans filing for unemployment claims because of the coronavirus pandemic likely swelled again.
The number of Americans seeking unemployment benefits in the last three weeks likely totaled a staggering 15 million as tough measures to control the novel coronavirus outbreak abruptly ground the country to halt, which would cement views the economy was in deep recession.
The March jobs report is expected to show the start of a collapse that this spring could shed all the U.S. jobs added by employers in the past decade and push the unemployment rate to record highs.
The number of Americans filing claims for unemployment benefits likely shot to a record high for a second week in a row as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.
U.S. stock futures pointed to declines in New York a day after major equity gauges ended their worst quarter since 2008.
The number of Americans filing claims for unemployment benefits likely raced to as high as a record 4 million last week as strict measures to contain the coronavirus pandemic ground the country to a sudden halt, unleashing a wave of layoffs.
The U.S. ambassador to London has said China had endangered the world by suppressing information about the coronavirus outbreak thus allowing it to spread far beyond the Communist republic's borders.
New Orleans is on track to become the next coronavirus epicenter in the United States, dashing hopes that less densely populated and warmer-climate cities would not be hit as hard by the pandemic, and that summer months could see it wane.
It is another bloodbath for stocks. The coronavirus crisis has ramped up another level with large parts of Europe on lockdown and the U.S. looking set to...
China's exports contracted sharply in the first two months of the year, and imports slowed, as the health crisis triggered by the coronavirus outbreak caused massive disruptions to business operations, global supply chains and economic activity.
Mortgage rates fell to their lowest level on record, pulled down by fears that the spread of coronavirus could weigh on the U.S. economy.
The first reports of negative impact from the coronavirus on the U.S. economy surfaced in the latest Fed Beige Book survey of economic conditions released...