Economics - News Headlines

UK jobs market shows further resilience during lockdown
| March 23rd, 2021  6:46 AM
UK jobs market shows further resilience during lockdown
LONDON (AP) — Britain's jobs market showed further resilience in February even though the country has been in one of the world's most stringent lockdowns, according to official figures published Tuesday. The Office for National Statistics found that the number of people on payroll in the U.K. increased for the third month in a row in February.
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China-Europe sanctions fight shatters image of amicable ties
China-Europe sanctions fight shatters image of amicable ties
March 23rd, 2021  6:18 AM

China looked to Europe as an amicable partner as the continent’s leaders resisted being drawn into President Donald Trump’s conflicts with Beijing over trade, technology and human rights

Overstimulated? Stocks soar 75% in historic 12-month run
Overstimulated? Stocks soar 75% in historic 12-month run
March 23rd, 2021  5:32 AM

It was one year ago that the terrifying free fall for the stock market suddenly ended, ushering in one of its greatest runs

Global stocks fall after Wall St rises on tech gains
Global stocks fall after Wall St rises on tech gains
March 23rd, 2021  5:00 AM

Global stock markets have fallen after tech stocks pushed Wall Street higher and the United States and Europe announced sanctions against Chinese officials accused of human rights abuses

Asian stocks fall after Wall St rises on tech gains
Asian stocks fall after Wall St rises on tech gains
March 23rd, 2021  2:05 AM

Asian stock markets have fallen after Wall Street rose on gains for tech companies and the U.S. Federal Reserve's promise of support for an economic recovery

Asian stocks mixed after Wall St rises on tech gains
Asian stocks mixed after Wall St rises on tech gains
March 23rd, 2021  12:22 AM

Asian stock markets are mixed after Wall Street rose on gains for tech companies and the U.S. Federal Reserve's promise of support for an economic recovery

Big railroad deal seen more likely to gain regulators' OK
Big railroad deal seen more likely to gain regulators' OK
March 22nd, 2021  8:25 PM

Wary regulators have not approved a major railroad merger since the 1990s, but industry analysts say Canadian Pacific’s proposed $25 billion acquisition of Kansas City Southern has a good chance of getting the green light because there is little overlap between the two lines

Jerome Powell
Powell says economy recovering but Fed support still needed
March 22nd, 2021  8:14 PM

Federal Reserve Chairman Jerome Powell says the economic recovery from the coronavirus pandemic has progressed more quickly than expected

Technology companies lead stocks higher on Wall Street
Technology companies lead stocks higher on Wall Street
March 22nd, 2021  4:39 PM

Gains in big technology companies led stocks broadly higher on Wall Street as traders welcomed some easing in long-term bond yields

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How major US stock indexes fared Monday
March 22nd, 2021  4:23 PM

Gains in big technology companies led stocks broadly higher on Wall Street as traders welcomed some easing in long-term bond yields

Tech leads stocks higher as bond yields ease; banks fall
Tech leads stocks higher as bond yields ease; banks fall
March 22nd, 2021  2:30 PM

Stocks are headed higher in afternoon trading Monday as a modest drop in bond yields helps lift the broader market

A very happy anniversary for the stock market
A very happy anniversary for the stock market
March 22nd, 2021  2:21 PM

It was one year ago that the terrifying free fall for the stock market suddenly ended, ushering in one of its greatest runs

Fed pays US Treasury $86.9 billion, largest sum in 4 years
Fed pays US Treasury $86.9 billion, largest sum in 4 years
March 22nd, 2021  12:58 PM

The Federal Reserve earned $88.6 billion in 2020 and paid back to the federal government $86.9 billion, the largest Fed payment to the government in four years

Stocks rise slightly as investors closely watch bond market
Stocks rise slightly as investors closely watch bond market
March 22nd, 2021  12:52 PM

Stocks were slightly higher in afternoon trading Monday as a modest drop in bond yields was helping lift the broader market

Turkish lira plummets after Erdogan fires central bank chief
Turkish lira plummets after Erdogan fires central bank chief
March 22nd, 2021  11:13 AM

The Turkish currency has plummeted against the U.S. dollar after President Recep Tayyip Erdogan fired the central bank governor over the weekend for hiking interest rates

Stocks are off to a mixed start on Wall Street; yields fall
Stocks are off to a mixed start on Wall Street; yields fall
March 22nd, 2021  9:47 AM

Stocks are off to a mixed start on Wall Street as gains for several big technology companies offset losses in banks and other parts of the market

New SBA head plans changes at agency; focus now is COVID-19
New SBA head plans changes at agency; focus now is COVID-19
March 22nd, 2021  3:53 AM

The new head of the Small Business Administration says she expects to make changes at the agency that she says will enable it to further help small companies devastated by the COVID-19 pandemic

Asian trading mixed after Fed ends emergency measures
Asian trading mixed after Fed ends emergency measures
March 22nd, 2021  3:31 AM

Asian shares are trading mixed, as sentiment was shaken by the U.S. Federal Reserve’s announcement that it will end some of the emergency measures put in place last year to help the financial industry deal with the pandemic

Survey: Business economists favor increased federal spending
Survey: Business economists favor increased federal spending
March 22nd, 2021  12:01 AM

A majority of business economists think the recovering economy will benefit from much more government spending despite concerns in financial markets that the $1.9 trillion COVID-19 relief measure Congress recently enacted could ignite inflation

Whiskey makers face worsening hangover from trade dispute
Whiskey makers face worsening hangover from trade dispute
March 21st, 2021  4:22 PM

A hangover from Trump-era tariff disputes could become more painful for American whiskey distillers unless their entanglement in the trans-Atlantic fight is resolved soon

Oil giant Saudi Aramco sees 2020 profits drop to $49 billion
Oil giant Saudi Aramco sees 2020 profits drop to $49 billion
March 21st, 2021  5:35 AM

Saudi Arabia’s state-backed oil giant Aramco says its profits nearly halved in 2020 to $49 billion

The Latest: UNLV now plans in-person spring graduation
The Latest: UNLV now plans in-person spring graduation
March 20th, 2021  6:56 PM

The University of Nevada, Las Vegas is changing course and now plans in-person spring graduation ceremonies in May as the coronavirus outbreak slows

The Latest: Republic of Congo presidential hopeful has COVID
The Latest: Republic of Congo presidential hopeful has COVID
March 20th, 2021  5:17 PM

A family member says the leading opposition presidential candidate in Republic of Congo was receiving oxygen at a private hospital after being diagnosed with COVID-19, casting Sunday’s election into doubt

The Latest: UK: Half adults received 1 dose of virus vaccine
The Latest: UK: Half adults received 1 dose of virus vaccine
March 20th, 2021  3:13 PM

The U.K. says half of the country’s adults have received at least one dose of COVID-19 vaccine

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The Latest: Colorado moves to relax virus capacity limits
March 20th, 2021  2:25 PM

Colorado’s health department is moving to relax its statewide mask mandate and limits on gathering capacity

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