Britain has officially entered into the largest recession on record after figures showed the pandemic sent the economy plunging by 20.4 per cent between...
Japan’s economy plunged into recession in the first quarter as the coronavirus pandemic suppressed business activity, while leaders in the US and Europe are...
Federal Reserve chairman Jerome Powell warned of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White...
Britain is very sharply moving into recession due to the coronavirus crisis, Bank of England governor Andrew Bailey has said.
Mr Bailey’s comments echoed those...
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...
