Tag: Economic growth
From child care to COVID, rising job market faces obstacles
WASHINGTON — A surge in hiring in the United States last month — 916,000 added jobs, the most since August — coincides with...
Russian entrepreneurs adapt to virus lockdown challenges
MOSCOW — Valentina Konstantinova remembers well when Russia locked down for the coronavirus a year ago. Her 18-room boutique hotel, called Skazka, or “Fairytale,”...
IMF head: global growth prospects rising but dangers remain
WASHINGTON — The head of the 190-nation International Monetary Fund says prospects for global growth have brightened since January, helped by a $1.9 trillion...
By the numbers: UK’s virus year saw a raft of stark figures
LONDON — For Britain, it has been a year of agonizing numbers.
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German economist panel cuts 2021 growth outlook to 3.1%
BERLIN — The German economy — Europe's biggest — will grow by 3.1% this year, the government’s panel of independent economic advisers forecast on...
New challenge for the Powell Fed: A strengthening economy
WASHINGTON — For the past year, Federal Reserve Chair Jerome Powell has expressed a wish for more rescue spending from Congress, better control of...
Why good news for the economy can be a drag on your 401(k)
NEW YORK — A huge shift is underway within the stock market, one that might roil your 401(k) in the short term, but one...
UK GDP shrinks 2.9% amid COVID lockdown; Brexit cuts exports
LONDON — The British economy shrank 2.9% in January as the nation was hit by a new round of coronavirus restrictions and Brexit slashed...
From job cuts to online commerce, virus reshaped US economy
WASHINGTON — At first, it was expected to be brief. At least that was the hope.
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EXPLAINER: What to look for at China’s annual Congress
BEIJING — China’s legislature begins its annual meeting this week with economic growth, climate and a crackdown on political opponents in Hong Kong expected...