The U.S. economy will recover from the COVID-19 pandemic, but the process could stretch through the end of 2021, Federal Reserve Chairman Jerome Powell has said.In an excerpt of an interview that air
The U.S. economy will recover from the COVID-19 pandemic, but the process could stretch through until the end of 2021, Federal Reserve Chairman Jerome Powell has said."
/VCG The COVID-19 pandemic is casting a shadow over the world of a possible economic recession which could be even worse than the one a decade ago, scholars said during the 2020 Tsinghua PBCSF
Video:"The scope and speed of this downturn are without modern precedent, significantly worse than any recession since World War II," Federal Reserve Chairman JeromePow
U.S. industrial production posted the largest monthly drop on record in April as the COVID-19 pandemic made many factories slow or suspend operations throughout the month.Total industrial producti
The entrepreneurial and investor focus of the last decade has largely been centered on increased convenience and consumerism, and has encouraged companies to prioritize scaling, with little care for h
02:48 Max Baucus, former U.S. ambassador to China, and his wife Melodee Hanes wrapped up their mission in China three years ago. Sitting in their home in Belgrade, Montana, they have t
When the World Health Organization (WHO) declared on January 30 the novel coronavirus outbreak "a public health emergency of international concern" (PHEIC), most of the world thought the virus was
06:59 An economics professor at Princeton University has warned that some states in the U.S. may be opening up its economy too soon and in a "foolish" manner – causing concern over the
Editor's note:This is the 62nd article in the COVID-19 Global Roundup series. Here is thepreviousone. Couples of people are toasting the reopening of the bar in Appleton, Wisconsin, U.S., May 13,
The German economy contracted by 2.2 percent in the first quarter, its steepest three-month slump since the 2009 financial crisis as shops and factories were shut in March to contain the spread of th
Photo by CGTN's Qu Bo The front office of an NBA team estimated that, in the worst case, the 2020-21 season salary cap may drop by 25 to 30 million U.S. dollars, according to ESPN expert Bobby
Zomato, an India-headquartered food delivery startup, is cutting 13% of its workforce as it looks to reduce cost and tide the coronavirus crises that has made many cautious about ordering food online
Hundreds of Venezuelans seeking to return home gathered in a makeshift tent camp outside their embassy in Santiago, Chile, on Thursday, as the coronavirus outbreak spurs a reverse migration wave of t
08:36 Editor's note: As the Trump administration scrambles to manage COVID-19, sanctions imposed on other countries are impacting their capability to solve the pandemic. Alfred de Zaya
A screenshot of the CBSN live streaming of the U.S. House of Representatives hearing, where the U.S. health official Rick Bright testifies about the whistleblower compl
VCG Over 25 percent of people in Britain are likely to have had COVID-19 already, according to a study released Thursday by the University of Manchester.Researchers from the university, the Sa
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