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coronavirus pandemic
Fed survey: The poorest Americans are being hit hardest by job loss - Business Insider
"This reversal of economic fortune has caused a level of pain that is hard to capture in words," said Fed Chair Jerome Powell.
2020-05-14
US jobless claims preview: Economists expect another week of decline - Business Insider
"If the current rate of decline continues, claims will dip below 1M in the second or—more likely—third week of June," said economist Ian Shepherdson.
2020-05-14
Fed Chair Powell says more action may be needed to fend off lasting economic damage - Business Insider
"While the economic response has been both timely and appropriately large, it may not be the final chapter," Powell said.
2020-05-13
Fed Chair Powell says more action may be needed to fend of economic ruin - Business Insider
"While the economic response has been both timely and appropriately large, it may not be the final chapter," Powell said.
2020-05-13
12 stock picks to buy, 8 to avoid during coronavirus economic recovery - Business Insider
Every investor wants to know what the recovery from the pandemic will look like, and Bank of America says China is providing important clues.
2020-05-10
US consumer debt hit a record $14.3 trillion in the first quarter - Business Insider
"The latest report reflects a time when many of the economic effects of the COVID-19 pandemic were only starting to be felt," said the New York Fed.
2020-05-05
US GDP slumped 4.8% in the first quarter, ending the longest economic expansion on record - Business Insider
The sharp contraction in gross domestic product reflects the swift impact of the coronavirus pandemic on the US economy.
2020-04-29
US weekly jobless claims preview: another week of millions unemployed - Business Insider
There is "probably no single metric you can look at" to better get a broad sense of how the economy is doing than unemployment, said Jason Thomas.
2020-04-23
Staying on task while working from home amid the coronavirus pandemic - Business Insider
Simple things like taking enough breaks and making my bed every morning have put me in a better headspace to work remotely during the pandemic.
2020-04-16
US jobless claims preview: Economists see record UI beginning to slow - Business Insider
The surge in claims "should push the unemployment rate up to 17% in the April data, a new post-World War II high," wrote Brett Ryan of Deutsche Bank.
2020-04-16
Why stock market could fall another 20% amid coronavirus: TS Lombard - Business Insider
"There is worse to come, hard though that may be to imagine," said a group of analysts from TS Lombard.
2020-04-06
Yellen: US GDP could fall 30%, unemployment might be 13% amid virus - Business Insider
"My hope is that we get back to business as usual as quickly as possible," said former Federal Reserve Chair Janet Yellen.
2020-04-06
Credit Suisse: US economy to shrink record 33.5% in 2nd quarter - Business Insider
The bank also expects annual GDP to decline 5.3%, a bigger slump than was seen amid the global financial crisis in 2008.
2020-04-06
2 pieces of key US factory data plunge the most since 2009 as coronavirus wreckage spreads - Business Insider
"The coronavirus pandemic and shocks in global energy markets have impacted all manufacturing sectors," said Timothy Fiore, the chair of ISM.
2020-04-01
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