Money Talks

Shutdowns from coronavirus wreak havoc on labour market | Money Talks

The United States is struggling to contain the outbreak of the coronavirus, with infections there accounting for nearly a quarter of cases worldwide. The economic implications of lockdown measures are also getting worse. In March, the US economy shed more than 700-thousand jobs, ending almost a decade of consecutive monthly job growth - raising the unemployment rate to 4.4 percent. Analysts say this is just the tip of the iceberg, with many expecting the jobless rate to hit double digits by the second quarter. And Wall Street is bracing for a scenario similar to the beginnings of the Great Depression. TRT World Correspondent Frank Ucciardo has more. For more on this story, we spoke to Jade Barker in New York. #Coronavirus #LockdownMeasures #USjobs

In Brief, Episode 2: US unemployment skyrockets, stoking fears of a global Great Depression

In Brief, Episode 2: US unemployment skyrockets, stoking fears of a global Great Depression

Food banks in New York City are running out of food

Food banks in New York City are running out of food

In Brief Episode 16: Will millions of Americans get another stimulus check?

In Brief Episode 16: Will millions of Americans get another stimulus check?

President Trump hails jobs market rebound amid pandemic | Money Talks

President Trump hails jobs market rebound amid pandemic | Money Talks

The world's richest took more than half of all new wealth since 2020

The world's richest took more than half of all new wealth since 2020

Oil prices fall as US recession fears mount

Oil prices fall as US recession fears mount

UK inflation falls slightly to 10.5%, core CPI unchanged

UK inflation falls slightly to 10.5%, core CPI unchanged

Asian shares trade at 7-month highs ahead of US consumer price data

Asian shares trade at 7-month highs ahead of US consumer price data

Coinbase to slash 20% of workforce in second major round of cuts

Coinbase to slash 20% of workforce in second major round of cuts

Brazilian President Lula vows to reverse Bolsonaro era policies

Brazilian President Lula vows to reverse Bolsonaro era policies

Turkiye's biggest Fintech Summit took place in Istanbul

Turkiye's biggest Fintech Summit took place in Istanbul

Global growth expected to be as weak next year as 2009

Global growth expected to be as weak next year as 2009

Türkiye launches probe on FTX founder Sam Bankman-Fried

Türkiye launches probe on FTX founder Sam Bankman-Fried

Oil prices sink as EU considers price cap on Russian oil

Oil prices sink as EU considers price cap on Russian oil

New Zealand central bank delivers its biggest ever rate hike

New Zealand central bank delivers its biggest ever rate hike

Dollar steadies as China pandemic fears linger

Dollar steadies as China pandemic fears linger

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