Posts in tag

shrinks


CLOSE Incoming Salisbury University chief diversity officer Joan Williams explains her plans for the upcoming academic year. Salisbury Daily Times Salisbury University has finalized its spring semester schedule, most notably shrinking the spring break period. Rather than the traditional week-long span, spring break will run just two days, March 15 and 16 due to the ongoing …

UK GDP arrived at -20.4%% MoM in April vs. -18.4% expected. GBP/USD holds on to the latest recovery attempt post-data. The UK GDP monthly release showed that the economy contracted by a record during April lockdown, arriving at -20.4% versus -18.4% expected and -5.8% previous. Meanwhile, Index of services (April) arrived at -9.9% 3M/3M vs. …

First-time claims for unemployment benefits totaled 2.1 million last week, the lowest total since the coronavirus crisis began though indicative that a historically high number of Americans remain separated from their jobs. Economists surveyed by Dow Jones had been looking for 2.05 million. The total represented a decrease of 323,000 from the previous week’s upwardly …

The email advertisements from Skinny Beach Med Spa in San Diego started flooding inboxes late last month. Only instead of hawking beauty-related services, the promotions allegedly proffered a false “miracle cure” for the novel coronavirus, federal prosecutors said Thursday. In the latest case of alleged coronavirus-related fraud, Jennings Ryan Staley, a licensed physician and the …

Image copyright Getty Images Japan’s economy shrank at the fastest rate in five years at the end of 2019 as it was hit by a sales tax rise, a major typhoon and weak global demand. Annualised gross domestic product (GDP) fell by a much steeper than expected 6.3% in October-December. There are also concerns the …

GDP for the three months ended June contracted 0.1% compared to the previous quarter, in line with analyst expectations. That’s down from 0.4% growth in the first three months of the year. “Today’s GDP report definitely marks the end of a golden decade for the German economy,” said Carsten Brzeski, chief economist in Germany at …

© Reuters. Workers direct a crane lifting steel pipes for export at a port in Lianyungang, Jiangsu BEIJING (Reuters) – China’s factory activity shrank more than expected in June, an official manufacturing survey showed, highlighting the need for more economic stimulus as U.S. tariffs and weaker domestic demand ramped up pressure on new orders for …