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Meanwhile, Black women are more likely to be working than white, Asian, or Hispanic/Latino women, which suggests Black men could face a unique set of challenges in the labor market, Valerie Wilson ...
Stock market today: Asian shares advance on back of Wall St's rally and upbeat Chinese factory data. Asian shares started the week with solid gains after Wall Street closed its dreary February on a brighter note. Upbeat Chinese factory data also lifted sentiment, helping to s…
The first phase of the ceasefire between Israel and Hamas is scheduled to expire today while talks on the second phase, which aims to end the war, remain inconclusive. Gaza Strip famine. Israel blocks the entry of all humanitarian aid from entering Gaza as the first phase of the ceasefire ends. Kivu conflict. Allied Democratic Forces insurgency
The market's mini post-Christmas slump doesn't bode well for a ‘Santa Claus’ rally, the term for when U.S. stock indexes get a boost in the last five trading days of a year, plus the first two ...
Trump’s tariff tactics carry higher economic risks than during his first term. When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and import taxes on U.S. trading partners created chaos, generated drama -- and drew criticism from mainstream economists who favor free trade More »
The following table illustrates the impact of the pandemic on key economic measures. February 2020 represented the pre-crisis level for most variables, with the S&P 500 stock market index (a leading indicator) falling from its February 19 peak. From February through June, the number of persons with jobs was down 14.6 million.
By May 8, the US had reached a record 14.7 percent unemployment, with 20.5 million jobs lost in April. [128] The Chairman of the US Federal Reserve , Jerome Powell , warned that it may take "an extended time" before the US economy fully recovers from weak economic growth, due to the pandemic, and that in the foreseeable future the US can expect ...