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Tuesday, October 14, 2025
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Economy

ECONOMY

US economy shrinks by 4.8% as businesses shut down due to coronavirus

Digital Desk -
The US economy shrank by 4.8% in the last quarter as the coronavirus pandemic shut down much of the country and began triggering a...
US NEWS

Trump seeks to regain footing by shifting coronavirus focus to economy

Digital Desk -
The White House has released new guidelines on coronavirus testing and reopening businesses as Donald Trump sought to regain his footing after weeks of...
ECONOMY

US unemployment claims reach 26m as coronavirus causes huge job losses

Digital Desk -
More than 4.4 million laid-off workers applied for US unemployment benefits last week as job cuts escalated due to the coronavirus pandemic. Roughly 26 million...
BUSINESS

EasyJet to keep middle seats empty when flights resume

Digital Desk -
EasyJet expects to keep its middle seats empty when it resumes flying to enable social distancing. Chief executive Johan Lundgren said the measure is aimed...
ECONOMY

Infected countries discuss how to open their economies

Digital Desk -
Governors across the US are devising plans to gradually reopen their economies without prompting a strong second wave of coronavirus. In Italy, Spain and other...
WORLD NEWS

Coronavirus: European nations struggle to agree on terms of economic aid

Digital Desk -
European governments remain at loggerheads over measures to help the economy weather the coronavirus outbreak, breaking off a meeting of finance officials who clashed...
ECONOMY

Virus deaths and unemployment accelerate across Europe and US as cases pass 1m

Digital Desk -
Coronavirus deaths have mounted with alarming speed in Spain, Italy and New York, the most lethal hotspot in the United States, as figures show...
US NEWS

US unemployment claims hit record 6.6 million

Digital Desk -
A record 6.6 million Americans applied for unemployment benefits last week as job losses rose sharply due to the coronavirus pandemic. A report on Thursday...
ECONOMY

IMF head says global economy is in recession

Digital Desk -
The head of the International Monetary Fund (IMF) has said the global economy has entered a recession that could be worse than the 2009...
WORLD NEWS

Half a million people infected worldwide as economic toll rises

Digital Desk -
The human and economic toll of the lockdowns against coronavirus mounted as Italy shut down most of its industry, and more than three million...
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