Economy

Economic Downturn: Is China Better Prepared than Rest of the World?

Economic Downturn: Is China Better Prepared than Rest of the World?

China has managed to grow its exports in April as the rest of the world grapples with screeching halt for economy.

Jobless Rate Surges to 17.4 Percent amid Coronavirus layoffs

Jobless Rate Surges to 17.4 Percent amid Coronavirus layoffs

The U.S. unemployment rate touched 14.7% in April as majority of states remained under lockdown to stop the spread of novel coronavirus.

U.S.-China tariffs to be discussed during high-stakes White House meeting

U.S.-China tariffs to be discussed during high-stakes White House meeting

President Trump will be meeting senior trade advisers during a meeting at the White House.

President Trump backs down on Higher Tariffs on Chinese Goods

President Trump backs down on Higher Tariffs on Chinese Goods

President Trump backed down on his tariffs increase on Chinese goods as the stock markets plunged. As the treasury yields turned negative, stock markets witnessed strong selling.

Is U.S. Auto Sales Heading Towards another Year of Record Sales? Economists Differ in Their Opinion

Is U.S. Auto Sales Heading Towards another Year of Record Sales? Economists Diff

In July, the automotive industry's bubbling sales numbers cooled down. Economists are confused and differ in their opinion, regarding, whether that signals at another record year or staggering sales at the edge of a slump.

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