The next big economic trend — disinflation: Morning Brief
Wednesday, May 13, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe A novel virus creates novel economic concerns. As the …
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Brazil surpasses Spain and Italy in total confirmed cases
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 4.6 …
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Unemployment rises in China as coronavirus shock to economy persists
This photo taken on February 28, 2020 shows workers producing face masks at a factory in Handan in China’s northern Hebei province. STR | AFP via Getty Images BEIJING — …
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Trump threatens new taxes on companies that make goods outside US
President Donald Trump threatened on Thursday to impose new taxes on American companies that produce goods outside the United States, another move his administration could make to push supply …
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Singapore prepares to ease partial lockdown
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 3.3 …
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Barclays sticks to GDP projection of 0% in 2020; says lockdown 3 priced in
Barclays sees India’s growth as measured by gross domestic product (GDP) dip to 0% in calendar year 2020 (CY20) even as the government extended the zone-wise lockdown in the …
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Coronavirus: EU rebuffed attempt to water down report critical of China, diplomat says
Borrell said the published report “very clearly points out state-sponsored disinformation campaigns and very specifically names the actors behind them, including China.” “I can assure you that no changes had …
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China reports official April manufacturing data as coronavirus lockdowns ease
China said manufacturing activity in the country expanded slightly in April as lockdowns and movement restrictions to contain the coronavirus began to ease. The official manufacturing Purchasing Manager’s Index came …
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U.S. Stock Futures Slide on Trade Concern; Oil Up: Markets Wrap
(Bloomberg) — U.S. equity futures turned lower on further signs of strained relations between America and China and ahead of more economic data. European stocks rose as investors weighed the …
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Gold Set for Weekly Fall as Europe Readies to Ease Lockdowns
(Bloomberg) — Gold headed for its largest weekly decline in seven weeks as European nations, including the U.K., offered cautious signals they’ve passed through the peak of the coronavirus outbreak …
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