Category: Economy News

JAPAN ANNOUNCED ITS LARGEST GDP DROP
Economy News

Japan Announced Its Largest GDP Drop

Japan just announced its worst drop in GDP on record as the ongoing Covid-19 epidemic nick expenditure. The world’s third-biggest economy decreased by 7.8% in the second quarter compared with the previous quarter, the country’s

STOCK FUTUREs TRADES AHEAD OF UNEMPLOYMENT CLAIMS
Economy News

STOCK FUTURES TRADES AHEAD OF UNEMPLOYMENT CLAIMS

U.S. equity futures are trading reduced significantly ahead of the Thursday Wall Street session. One announcement that could set the stage for the trading day would be unemployment claims. The Labor Department is likely to

U.S. consumer prices ascended more than expected
Economy News

THE RISE OF CONSUMER PRICES IN THE U.S.

U.S. consumer prices ascended more than expected in July, with measurements of hidden inflation spreading by the most in 29-1/2 years amid broad gains in the costs of goods and services. The announcement from the

UK HITS RECESSION, FIRST TIME AFTER 2009
Economy News

UK HITS RECESSION, FIRST TIME AFTER 2009

The UK economy suffered its most significant collapse between April and June as coronavirus lockdown measures pushed the country into recession. The British economy shrank 20.4% compared with the first three months of the year.

COVID-19 in China sent the country into a frenzy
Economy News

COVID-19 in China sent the country into a frenzy

As Covid-19 negatively affects economy, China’s dread of mass occupation misfortunes looms. The flare-up is unleashing destruction on financial exercises. In this manner, firms are confronting an ultimate choice about whether to decrease swages and

US Debt: Households are in trouble
Economy News

US Debt: Households are in trouble

During the last quarter of 2019, absolute family obligation rose by $193 billion. It is proceeding with a five-year upward pattern. In ostensible terms, it currently stands $1.5 trillion higher than the pre-downturn top came