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US-economy

Oil falls more than 1% as surging COVID-19 cases stoke demand fears
Business 21 hours ago

Oil falls more than 1% as surging COVID-19 cases stoke demand fears

Brent crude was down by 53 cents, or 1.3 percent, at US$41.24 by 0052 GMT. US West Texas Intermediat...
Asia shares make guarded gains, virus breaks new records
Business 23 hours ago

Asia shares make guarded gains, virus breaks new records

The United States has seen its highest ever number of new COVID-19 cases in the past two days, while...
Analysis: China and US economies diverge over coronavirus response
Business 4 days ago

Analysis: China and US economies diverge over coronavirus response

China’s exports have been stronger than expected, bolstered by demand for medical goods overse...
US coronavirus aid prospects uncertain after Trump blasts Democrats
Business 4 days ago

US coronavirus aid prospects uncertain after Trump blasts Democrats

Trump on Twitter said he did not believe Democrats “will be willing to do what is right for ou...
New US jobless claims rise sharply to 898,000 last week
Business 1 week ago

New US jobless claims rise sharply to 898,000 last week

The jump brought the levels of initial claims back to where they were in late August, and remained a...
Trump mulls higher US stimulus offer as Mnuchin downplays deal
Business 1 week ago

Trump mulls higher US stimulus offer as Mnuchin downplays deal

The Democrat-controlled House of Representatives recently approved a $2.2 trillion bill to boost the...
US energy companies begin restoring oil and gas output after hurricane
Business 2 weeks ago

US energy companies begin restoring oil and gas output after hurricane

Chevron Corp, Royal Dutch Shell Plc and BHP Group all said workers were headed back to production pl...
White House seeks limited coronavirus relief bill, promises talks on broader stimulus
Business 2 weeks ago

White House seeks limited coronavirus relief bill, promises talks on broader stimulus

President Donald Trump on Friday offered a $1.8 trillion coronavirus relief package in talks with Pe...
Stock markets rebound on Trump health, stimulus hope
Business 2 weeks ago

Stock markets rebound on Trump health, stimulus hope

The benchmark Dow Jones Industrial Average gained 1.7 percent to finish at 28,148.64.
US stock futures extend losses as Trump tests positive for COVID-19
Business 3 weeks ago

US stock futures extend losses as Trump tests positive for COVID-19

Trump earlier said on Twitter that he and his wife had been tested for coronavirus after Hope Hicks,...
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