Money Talks

Business closures over COVID-19 drive record unemployment | Money Talks

More than three million Americans applied for unemployment benefits last week, painting a worrying picture of the damage to the US economy that's already been caused by the coronavirus crisis. The number shatters the previous record of 695,000 set in October 1982. Some economists believe the world's biggest economy is already in recession, and the latest figures could support that view. The government's already announced plans to provide cash handouts to all Americans as part of a $2 trillion stimulus package, but even that may not be enough for people to make ends meet. Mobin Nasir reports. For more, we spoke to Mickey Levy, chief economist for the US and Asia at Berenberg Capital Markets. #USeconomy #USjobs #Coronavirus

More than four million Americans filed unemployment claims last week | Money Talks

More than four million Americans filed unemployment claims last week | Money Talks

US president's remarks stoke confusion over stimulus package | Money Talks

US president's remarks stoke confusion over stimulus package | Money Talks

US stocks rise despite dire economic conditions  | Money Talks

US stocks rise despite dire economic conditions | Money Talks

Another 3.8M Americans file for unemployment benefits | Money Talks

Another 3.8M Americans file for unemployment benefits | Money Talks

Marcos Jr takes office as the Philippines faces rising consumer prices

Marcos Jr takes office as the Philippines faces rising consumer prices

'Harry Potter' book and movie franchise turns 25 years old

'Harry Potter' book and movie franchise turns 25 years old

Rising price of oil tops agenda at G7 Summit in Germany

Rising price of oil tops agenda at G7 Summit in Germany

Avocado production surges in Türkiye's southern coast

Avocado production surges in Türkiye's southern coast

Citroen launches electric vehicle in Turkish market

Citroen launches electric vehicle in Turkish market

Oil prices drop as OPEC+ ratifies modest oil production increase

Oil prices drop as OPEC+ ratifies modest oil production increase

China factory activity shows growth for first time in four months

China factory activity shows growth for first time in four months

OPEC+ has fallen 562M barrels short of promised crude output since 2020

OPEC+ has fallen 562M barrels short of promised crude output since 2020

Oil extends gains as major producers flag capacity limits

Oil extends gains as major producers flag capacity limits

Russia defaults on foreign debt for the first time since 1917

Russia defaults on foreign debt for the first time since 1917

Eco-conscious tourists drawn to glamorous camping

Eco-conscious tourists drawn to glamorous camping

Türkiye and Saudi Arabia look to boost bilateral trade, investment

Türkiye and Saudi Arabia look to boost bilateral trade, investment

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