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The Jakarta Post
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US-economy

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 3 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 4 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,...
Jobs hemorrhaging persists even as US economy recovers
Business 4 weeks ago

Jobs hemorrhaging persists even as US economy recovers

The business shutdowns beginning in March to stop the spread of Covid-19 sent the unemployment rate ...
Disney to cut 28,000 US employees due to coronavirus
Business 1 month ago

Disney to cut 28,000 US employees due to coronavirus

The move to lay off thousands of workers comes on the heels of Disney's US$4.7 billion loss in t...
US Treasury says loan deal reached with seven airlines amid crisis
Business 1 month ago

US Treasury says loan deal reached with seven airlines amid crisis

The US$25 billion in loans have been granted under the federal Coronavirus Aid, Relief, and Economic...
US economy to recover only when people feel 'safe' from virus: Powell
Business 1 month ago

US economy to recover only when people feel 'safe' from virus: Powell

The central bank rolled out trillions of dollars in liquidity and slashed its key interest rate to n...
US jobless claims decline only slightly as aid deadlock persists
Business 1 month ago

US jobless claims decline only slightly as aid deadlock persists

New filings for unemployment assistance last week fell to 860,000, the Labor Department said Thursda...
Fed seeks to offer reassurance amid push for new US stimulus
Business 1 month ago

Fed seeks to offer reassurance amid push for new US stimulus

The Fed last month rolled out a new average inflation targeting policy that will keep rates lower fo...
Fed's strategy shift to bind big central banks from Frankfurt to Tokyo
Business 1 month ago

Fed's strategy shift to bind big central banks from Frankfurt to Tokyo

A shift to average inflation targeting lets the Fed overshoot its target after downturns, indicating...
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