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The Bank of Queensland has increased its provision for loan impairments as it braces for higher unemployment, property price falls and a longer recession.
Credit: Sydney Morning Herald - Published 2 hours ago

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Wall Street rallied to close sharply higher on Monday as investors sought bargains among sectors hardest-hit by the coronavirus recession, now limping toward its..
Credit: Newsmax - Published 6 hours ago

Its strong growth prospects, solid balance sheet, recession-proof business model, and cheaper valuation make Alimentation Couche-Tard an attractive buy amid the..
Credit: Motley Fool - Published 7 hours ago

Credit: SeekingAlpha - Published 9 hours ago

PARIS (AP) — France's government presented its 2021 budget on Monday, a plan that aims to rescue the country's beleaguered economy from the impact of the..
Credit: SeattlePI.com - Published 12 hours ago

The Committee for Melbourne is urging the state's political, business and cultural leaders to work together to help drive the city out of recession.
Credit: Sydney Morning Herald - Published 13 hours ago

Yale University senior fellow and economist Stephen Roach warns next year will be brutal for the dollar and the economy.
Credit: Newsmax - Published 13 hours ago

Investors should heed a lesson from the Great Recession, but not the one you might think.
Credit: Motley Fool - Published 14 hours ago

Big crowds at places like the Beijing auto show are a sign of good news for a world mired in recession. But China needs its less affluent to spend more before..
Credit: NYTimes.com - Published 19 hours ago

Employers and education advocates want a massive skills package in the federal budget to help people get into the post-pandemic boom industries.
Credit: The Age - Published 1 day ago

A lack of new stimulus could send the economy back down, but discount retailers have the business model to weather a tough economy.
Credit: Motley Fool - Published 1 day ago

CANBERRA, Australia (AP) — Prime Minister Scott Morrison says the Australian budget, to be delivered Oct. 6, will be a “titanic effort” to return the..
Credit: SeattlePI.com - Published 2 days ago

SACRAMENTO, Calif. (AP) — California on Friday created what supporters call its own nation-leading, state-level version of the federal Consumer Financial..
Credit: SeattlePI.com - Published 3 days ago

Though the U.S. box office for Christopher Nolan’s “Tenet” has caused alarm about the state of American theaters six months into the pandemic, the Warner..
3 days ago • The Wrap
The panel of elite economists who judge the dates of U.S. recessions is finding that declaring an end to this year's downturn is tougher than calling its start.
Credit: Newsmax - Published 3 days ago

The headline story remains the same in the oil market, with prices staying rangebound and uncertainty paralysing the market. Oil prices were down this week..
Credit: Proactive Investors - Published 3 days ago

These companies might thrive in a downturn.
Credit: Motley Fool - Published 4 days ago

On 27 March 2020, the IMF officially declared that the global economy has entered a recession as a result of the spread of the COVID-19 pandemic which has shut..
Credit: Mondaq - Published 4 days ago

JOHANNESBURG (AP) — African nations came out swinging on the third day of the United Nations annual gathering of world leaders Thursday, calling for dramatic..
Credit: SeattlePI.com - Published 4 days ago

While other sectors of the economy are soft, housing is ready to play its traditional countercyclical role of leading the way out of a recession, said Robert..
Credit: HousingWire - Published 4 days ago

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell said Thursday that the government’s top priorities in any new..
Credit: SeattlePI.com - Published 4 days ago

In the wake of the last recession, government spending dried up, leading to a slow and stilted recovery. Policymakers warn against letting it happen again.
Credit: NYTimes.com - Published 4 days ago

Sales of new U.S. single-family homes increased to their highest level in nearly 14 years in August, suggesting the housing market continued to gain momentum..
Credit: Newsmax - Published 5 days ago

*Company says Control System Components and Instrumentation are also set for Delivery for Petroteq's Oil Sands Plant at Asphalt Ridge, Utah*

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5 days ago • Accesswire
The US has "a long way to go" before the economy recovers from the coronavirus recession, and Congress and the Federal Reserv -More- 
Credit: SmartBrief - Published 5 days ago

The pandemic is putting pressure on many families, including those with grown kids. One in five has had their adult child move back home with them.
Credit: USATODAY.com - Published 5 days ago

These big pharma companies are surviving the pandemic, and their solid dividends and consistent growth should help them do well in the next recession.
Credit: Motley Fool - Published 5 days ago

Historically, the US has seen economic output rise briefly and fall back lower in 8 of the past 11 business cycle recoveries, Roach said.
Credit: Business Insider - Published 5 days ago

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Credit: FXstreet.com - Published 5 days ago

Chairman Jerome Powell on Wednesday defended the Federal Reserve's efforts to support the economy during the pandemic-induced recession from assertions that its..
Credit: Newsmax - Published 5 days ago

WASHINGTON (AP) — Chairman Jerome Powell on Wednesday defended the Federal Reserve's efforts to support the economy during the pandemic-induced recession from..
Credit: SeattlePI.com - Published 5 days ago

DUBAI, United Arab Emirates (AP) — Two oil-rich Arab Gulf states suffered severe economic blows on Wednesday, as a major credit agency downgraded Kuwait for..
Credit: SeattlePI.com - Published 6 days ago

*TL;DR:* The Complete 2020 Cloud Foundation Certification Bundle is on sale for £38.91 as of Sept. 23, saving you 95% on list price.

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Credit: Mashable - Published 6 days ago

The rate of food insecurity for families with children has doubled since 2018, surpassing the Great Recession.
Credit: CBS News - Published 6 days ago

The rate of food insecurity for families with children has doubled since 2018, surpassing the Great Recession.
Credit: CBS News - Published 6 days ago

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism Tuesday that the U.S. economy is..
Credit: SeattlePI.com - Published 6 days ago

The industry is trying to reach customers amid a severe global recession that has brought mass layoffs and plunging sales. Traditional fashion weeks might be out..
Credit: NYTimes.com - Published 6 days ago

America's economy has shown "marked improvement" since the coronavirus pandemic drove it into recession, but the path ahead remains uncertain and the U.S...
Credit: Newsmax - Published 6 days ago

A double-dip recession, also called a W-shaped recovery, occurs when the economy plunges into a recession, briefly recovers, then declines again.
Credit: Business Insider - Published 1 week ago

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Credit: FXstreet.com - Published 1 week ago

The company says it is prepared to face its biggest challenge this year: the Covid-19 pandemic.
Credit: bizjournals - Published 1 week ago

Data show that the highest-paying one-third of jobs have almost fully recovered from the recession, while the lowest-paying one-third of jobs remain 16% below..
Credit: VOA News - Published 1 week ago

WASHINGTON (AP) — Americans' household wealth rebounded last quarter to a record high as the stock market quickly recovered from a pandemic-induced plunge in..
Credit: SeattlePI.com - Published 1 week ago

The economy may be stabilizing faster than expected amid the pandemic, but efforts to preserve it could tip off a financial crisis, a new report says.
Credit: USATODAY.com - Published 1 week ago

WASHINGTON (AP) — A government watchdog says millions of Americans are in danger of missing coronavirus relief payments of up to $1,200 per individual because..
Credit: SeattlePI.com - Published 1 week ago

*LAS VEGAS, NV / ACCESSWIRE / September 21, 2020 / *CLS Holdings USA, Inc. (OTCQB:CLSH) (CSE:CLSH.CN), the ''Company'' or ''CLS'', a diversified cannabis company..
1 week ago • Accesswire
If the last recession walloped overstretched residential real estate markets, commercial real estate brokers in Denver are expecting some of the hardest blows to..
Credit: Denver Post - Published 1 week ago

U.S. mortgage remain at unprecedented levels, according to Freddie Mac. The 30-year fixed mortgage rate averaged 2.87 percent for the week ending Sept. 17 — up..
Credit: bizjournals - Published 1 week ago

Read more on https://www.fxstreet.com
Credit: FXstreet.com - Published 1 week ago

The nation could slip back into recession if Congress doesn't pass another stimulus package, economists say.
 
Credit: azcentral.com - Published 1 week ago

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