Never miss another update

Subscribe Today!


U.S. consumer spending rises for second straight month, income drops further

U.S. consumer spending increased for a second straight month in June, setting up consumption for a rebound in ...
Read More

Turkey mourns a revered drag artist

HE WAS DEVOUT as a teenager and irreverent as an adult, but always kind, and bequeathed his fortune ...
Read More

Curbing the covid-19 comeback in Europe

THE WAVES of an epidemic tend to rise like a tsunami—slowly, almost surreptitiously, before a precipitous surge. In ...
Read More

Italy has to work out what to do with all its new EU money

TO OPEN A motor-repair business in Italy, you need 86 permits. Opt for something simpler, like selling pizza ...
Read More

Second-quarter GDP plunged by worst-ever 32.9% amid virus-induced shutdown

The U.S. economy saw the biggest quarterly plunge in activity ever, though the plummet in the second quarter ...
Read More

U.S. weekly jobless claims rise for a second straight week, total 1.434 million

The number of Americans who filed new claims for unemployment benefits last week totaled 1.434 million, the Labor Department ...
Read More

Fed holds rates steady, says economic growth is 'well below' pre-pandemic level

The Federal Reserve held interest rates steady in a decision announced Wednesday that came along with a tepid ...
Read More

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's ...
Read More

Pending home sales surge for the second consecutive month as the Realtors raise their forecast for 2020

A sale pending sign is posted in front of a home for sale in San Anselmo, California. Justin ...
Read More

U.S. goods trade deficit narrows amid signs the global flow of goods is improving

Shipping containers are stacked on a ship docked at Yusen Terminals on Terminal Island at the Port of ...
Read More

The Markets Today