U.S. consumer prices increased more than expected in July, but high unemployment is likely to keep inflation under control, allowing the Federal Reserve to continue pumping money into the economy to
02:28 As the U.S. copes with the coronavirus pandemic, many food crops have gone to waste amid a drop in demand from restaurants. At the same time, with record unemployment, food insec
A young woman sits on a bench in Barcelona, Spain, July 31, 2020. (Photo by Ismael Peracaula/Xinhua) The number of people registered as unemployed in Spain fell by 89,849 to reach 3,773,034 in July,
01:35 The number of confirmed COVID-19 cases in the U.S. has doubled in the past 6 weeks to just over 4.25 million.More than 147,000 Americans have died since the start of the pandemic
00:56 A floating piano show held on a lake resumes in Ricquebourg, France.The French troupe "Piano du Lac" washit hard by the COVID-19 pandemic this year.They cancelled two shows earli
The U.S. economy is stumbling as the viral outbreak intensifies, threatening to slow hiring and deepening the uncertainty for employees, consumers and companies across the country.More than 1.3 milli
UNEMPLOYMENT FILINGSThe Labor Department reported 1.48 million people filed for new unemployment benefits last week, a slight decline from previous weeks. GIG WORKERS730,000 people filed for be
Another 1.5 million U.S. workers filed for unemployment benefits last week, the Labor Department said Thursday, bringing the number of people laid off, at least temporarily, by COVID-19 to 45.7 milli
Britain's gross domestic product (GDP) plunged by 20.4 percent in April compared with the previous month, hitting the biggest monthly fall since 1997, said the Office for National Statistics (ONS) F
An additional 1.542 million Americans have filed for unemployment benefits in the week ending June 6, according to data by the U.S. Labor Department released on Thursday.
The unemployment rate in the US improved unexpectedly last month raising hopes that economic damage tied to the pandemic will be less harmful than feared.The unemployme
The U.S. is developing a test kit that can simultaneously check for seasonal influenza and the novel coronavirus, a tool that could help health authorities more efficiently determine whether ther
Another 1.877 million U.S. workers filed for unemployment benefits during the week ending May 30, according to data by the U.S. Labor Department released on Thursday.
Russian President Vladimir Putin has instructed his government to take quick steps to repair economic damage from the coronavirus pandemic.Prime Minister Mikhail Mishus
U.S. manufacturing activity eased off an 11-year low in May, the strongest sign yet that the worst of the economic downturn was behind as businesses reopen, though the recovery from the COVID-19 cris
About 2.1 million Americans filed new unemployment claims in the last week, the U.S. Department of Labor reported. The latest U.S. jobless numbers bring the total unemployed since mid-March to
Instead of undertaking large-scale infrastructure projects for economic recovery, the country will mainly boost consumption to lead the economic rebound, said China's Premier Li Keqiang.To b
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