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Economy

“5 parts of the economy most at risk from coronavirus”

“Financial markets U.S. stocks have suffered their worst week since the depths of the 2007-08 financial crisis as investors flee for safety. All three major U.S. stock indexes have dropped at least 10 percent from their most recent peaks, abruptly… Continue Reading…

Stocks

“Global stocks fall again on fear of virus impact on economy”

“Global stock markets plunged further Friday on spreading fears over the impact of the new coronavirus, with some indexes set to close out their worst week since the depths of the financial crisis in 2008. Germany’s DAX skidded as much… Continue Reading…

Economy

“Buffett says economy is slowing amid virus fears”

“Billionaire Warren Buffett says the viral outbreak in China has slowed economic growth, but he remains confident in the long-term future of American business… Buffett said the reports he gets from Berkshire’s assortment of more than 90 businesses and stock… Continue Reading…

Economy

“How the good economy is benefiting workers with disabilities”

“Now lots of labor force dropouts, especially disabled ones, are getting back in the game. About a third of new hires are coming from the ranks of people previously non-employed due to disability. Nothing has fundamentally changed about SSDI availability,… Continue Reading…

Economy

“Leading indicators surge in January, point to steady economic expansion in early 2020”

“The numbers: The economy showed some more sizzle at the start of 2020, pointing to steady growth in the next several months, according to an index that measures the nation’s economic health. The leading economic index jumped 0.8% in January, the Conference… Continue Reading…

Economy

“Top 5 best state economies”

“Massachusetts The unemployment rate in Massachusetts was 2.9 percent as of November, below the national rate of 3.6 percent. The average annual wage as of 2018, was $63,910, and $121,350 for those earners in the 90th percentile… Colorado The unemployment rate… Continue Reading…

Economy

“Japan’s economy shrinks faster than expected”

“Japan’s economy shrank at a faster-than-expected annualized pace of 6.3% in the October-December quarter, the first contraction in more than a year, as a sales-tax increase at the beginning of the quarter cooled consumption. Japan, the world’s third-largest economy after… Continue Reading…

Economy, Stocks

“JPMorgan Says Record Highs in European Stocks Can Last and Widen”

” European equities are trading at fresh record highs, and JPMorgan Chase & Co. strategists say the rally can go on and even expand to markets that have been left behind. The Stoxx Europe 600 Index closed at a historical… Continue Reading…

Economy

“Europe’s stagnant economy is vulnerable to a shock from China”

“Recession fears are stalking Europe again after Germany’s economy flatlined at the end of 2019. The coronavirus now threatens to slam exports to China. The German economy did not grow in the final three months of last year, setting up… Continue Reading…

Economy

“The U.S. Treasury Just Sold 30-Year Bonds at a Record-Low Yield. Demand ‘Was Amazing.’”

“The U.S. Treasury sold $19 billion of long-term bonds with a record-low yield of 2.061% on Thursday. Not only that, but investor demand was the highest for any sale of a new bond since August 2014, according to Tom Simons… Continue Reading…