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Economic News
Trump says strong U.S. dollar is ‘great’: Fox Business Network
WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday said he supported a strong dollar, as the U.S. dollar index extended its…
Lockdown pushes French unemployment to 11-year low in first quarter
PARIS (Reuters) - French unemployment fell in the first quarter to an 11-year low as people without work were unable to seek jobs once…
Embraer blames failed Boeing deal for sharp drop in commercial jet deliveries
By Marcelo RochabrunSAO PAULO (Reuters) - Planemaker Embraer (SA:EMBR3) said Tuesday it delivered just five commercial jets in the first…
U.S. joblessness slams Latinos, less educated with brutal force
By Howard SchneiderWASHINGTON (Reuters) - The U.S. economy's record run of job growth and historically low unemployment has been stopped…
Euro zone set for record recession, inflation to vanish: Commission
By Jan StrupczewskiBRUSSELS (Reuters) - The euro zone economy will contract by a record 7.7% this year because of the COVID-19 pandemic…
U.S. insurers want taxpayers to back pandemic coverage for businesses
By Suzanne Barlyn(Reuters) - The U.S. insurance industry is promoting the idea of an insurance plan backed by the federal government…
U.S. economy faces historic shock, with 16% joblessness possible, Trump adviser says
By Tim AhmannWASHINGTON (Reuters) - The shuttering of the U.S. economy due to the coronavirus pandemic is a shock of historic…
Coronavirus clouds Intel outlook, despite short-term bump from PC buying
By Stephen Nellis and Munsif Vengattil(Reuters) - Intel Corp (O:INTC) on Thursday forecast second-quarter earnings below Wall Street…
French lockdown still reducing economic activity by 35%: INSEE
PARIS (Reuters) - A country-wide lockdown in France is still reducing economic activity by 35% from normal levels despite a slight pick-up…
Australian retail sales surge in March, might avert first-quarter GDP contraction
By Wayne ColeSYDNEY (Reuters) - Australian retail sales surged by the most on record in March as a lockdown for the coronavirus spurred…