Prime Minister Narendra Modi on Saturday said that India’s economy recovered more strongly as compared to the impact it suffered due to the COVID-19 outbreak. He said that when big economies of the world were busy defending themselves during the pandemic, India was engaged in reforms. "COVID-19 affected the economies […]
The European Central Bank said Thursday it will slow the pace of its emergency asset purchases, which were launched last year to support the economy amid the Covid-19 crisis, as policymakers worry higher inflation may last long. The Governing Council left its key interest rate, the main refinancing rate, unchanged […]
Some retailers see the upside to the COVID-19 pandemic Telsey Advisory Group CEO Dana Telsey describes end-of-pandemic buying trends: ‘we’re seeing pent up demand and that’s exciting’ Applications to start new U.S. businesses declined in August for just the third time this year and the first time since June as […]
Why did the August jobs report miss expectations? EmployBridge chief workforce analyst Joanie Bily and market analyst Kenny Polcari provide their insight into the August jobs report. The number of Americans filing first-time jobless claims last week dipped to the lowest level since the COVID-19 outbreak. The Labor Department said […]
Shares of UiPath Inc. (PATH) slipped over 7% in extended trading session Tuesday despite the robotic process automation solutions provider’s second-quarter results beating Wall Street view. The company reported second-quarter net loss of $100.0 million or $0.19 per share, compared to last year’s profit of $5.0 million or break even […]
The rating agency has kept its FY22 credit growth estimates unchanged at 8.9% for FY22, supported by a pick-up in economic activity post Q1 FY22. Domestic rating agency India Ratings on Tuesday maintained a stable outlook on the banking sector for 2021-22 while it expects an increase in stressed assets […]
U.S. job growth fell well short of economic estimates in the month of August, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment rose by 235,000 jobs in August after soaring by an upwardly revised 1.053 million jobs in […]
US economy creates 235K jobs in August FOX Business’ Cheryl Casone breaks down the August jobs report. It’s Labor Day weekend and for some, the pressure of having one job can be stressful enough. Roughly 57% – among the highest in the world – of U.S. and Canadian workers responded […]
Private sector employment in the U.S. increased by much less than expected in the month of August, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment climbed by 374,000 jobs in August after rising by a downwardly revised 326,000 jobs in July. Economists […]
Despite the usual anxiety investors fear when markets keep topping record highs, retail investors are as optimistic as they’ve been since the pandemic started, according to our recent survey of our daily newsletter readers. We’ve been surveying them for the past year on their sentiment, their fears, their allocations and […]
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