Monthly archive November, 2020

UK Chancellor of the Exchequer Rishi Sunak on Wednesday boosted spending on infrastructure and plans to create jobs for the unemployed as official forecasts pointed to the worst economic contraction in over 300 years due to the impact of the Read More →

The Commerce Department released a report on Wednesday showing a decrease in U.S. personal income in the month of October. The report said personal income fell by 0.7 percent in October after climbing by a downwardly revised 0.7 percent in Read More →

German business sentiment deteriorated in November as companies were more pessimistic about future amid the second wave of coronavirus infections interrupting the economic recovery, survey results released by the Munich-based ifo Institute showed on Tuesday. The business climate index fell Read More →

After staying firm against its peers for much of the day's session, the U.S. dollar began paring gains and even turned negative against a few currencies on Thursday.Original Article Read More →

Bank of England Governor Andrew Bailey said regulators and financial service firms must work together so businesses are able to get the finance they need to invest for the future. At the CityUK National Conference, held on Tuesday, Bailey talked Read More →

After reporting a sharp increase in U.S. retail sales in the previous month, the Commerce Department released a report on Tuesday showing retail sales rose by less than expected in the month of October. The report said retail sales rose Read More →