Category: Economy News

Economy News

Trump’s COVID Bill Delay Leaves Great Uncertainties

President Donald Trump’s COVID-19 relief bill delay leaves millions of desperate Americans in limbo. On Tuesday, the president threatened not to sign the $892 billion relief bill, which Congress approved this week. It might delay

Economy News

Stimulus Bill; GDP Revisions; Stocks to Open Mixed

Senate Sends Stimulus Bill to President Trump The United States Congress passed the $900 billion coronavirus relief bill. Congress is sending the bill to President Donald Trump for its signature into law. In addition to

Boris Johnson
Economy News

Britain and France on Reopening Border; Brexit Talks

Britain and France may reach an agreement over reopening their border by Tuesday lunchtime, reports said. Across the English Channel, the transport of freight has been disrupted. France suspended travel links with Britain to curb

Japan flag
Economy News

Japan Plans a $1.03 trillion Budget to Contain COVID

The Japanese government plans a record-high $1.03 trillion budget for the next fiscal year. According to sources familiar with the matter, the government boosted the plan as its coronavirus response, rising welfare, and military spending.

Fed Reserve
Economy News

Fed Meeting, Retail Sales, Euro Zone, and Santa Rally

The Federal Reserve winds up its last monetary policy meeting of 2020, against a backdrop of low expectations for action. This is despite a visible slowdown in the economy over the pandemic’s latest wave. At

world economy
Economy News

The world economy will be worse than anticipated

According to Benjamin Diokno, Philippine Central Bank Governor, the renewed outbreak of coronavirus infections in some parts of the world has dampened the global economic outlook in the near term. Diokno announced that recent events