Retail sales fell slightly last month, the Commerce Department reported on Tuesday, another sign of the uneven recovery of the American consumer during the pandemic.The 1.3 percent decline in May […]
Coronavirus (2019-nCoV)
Trending topics and news from the Coronavirus (2019-nCoV) category
Back to news homeJudges Halt Race and Gender Priority for Restaurant Relief Grants
The business owners who brought the suits are among the non-priority applicants that have been paid, the agency said in court filings. On June 1, the S.B.A. paid $187,753 to […]
The Recession Isn’t Over Till They Say It’s Over. (But Who Are They?)
“I think way back in March of 2020 there was a question of: ‘Should we call this a recession?’” said Tara Sinclair, an economist at George Washington University who studies […]
Europe’s Summer of Recovery Is More Fragile Than It Looks
ALBUFEIRA, Portugal — Until last week, Raissa Moura and her co-workers at the reception desk of the Pine Cliffs Resort were feeling optimistic that life was returning to normal along […]
May 2021 Consumer Price Index Shows Fastest Inflation Since 2008
The discussion could shape the path ahead for economic policy, helping to determine how much support President Biden has for infrastructure spending proposals and how patient the Fed can be […]
Thousands Descend on Miami to Glorify Bitcoin
MIAMI — There was money in the air. Buzzwords floated around, like NFT, BTD, blockchain, token. There was a frenzied energy.And there was heat — a humid, sticky South Florida […]
Global Tax Deal Reached Among G7 Nations
She described the agreement as “significant” and “unprecedented.”“That global minimum tax would end the race to the bottom in corporate taxation, and ensure fairness for the middle class and working […]
Federal Unemployment Aid Is Now a Political Lightning Rod
Of the more than four million people whose jobless benefits are going to be cut off in the next few weeks, Bre Starr will be among the first.That’s because Ms. […]
Can the Pandemic Rescue Britain’s Shopping Areas? This Town Hopes So.
POOLE, England — Hope Dean is loyal to Poole, her hometown in southwest Britain, but she acknowledges that its shopping district has often been a source of embarrassment.Just a few […]
India and Israel Inflame Facebook’s Fights With Its Own Employees
SAN FRANCISCO — When India’s government ordered Facebook and other tech companies to take down posts critical of its handling of the coronavirus pandemic in April, the social network complied […]