Tag: Great Depression

World experiencing one of deepest recessions since Great Depression due to Covid: World Bank – Times of India

WASHINGTON: The world is experiencing one of the deepest recessions since the Great Depression in the 1930s owing to the novel coronavirus, World Bank...

COVID-19 impact: Australia’s economy takes sharpest dive since Great Depression-era of 1930s

Canberra: Australia's economy suffered its sharpest economic contraction since the Great Depression due to the pandemic, with data released Wednesday confirming the country is...

May’s Unemployment Rate Could Exceed 20% And Even Hit The Great Depression’s 25%

Young man walking on Fifth Avenue towards Flatiron Building Getty April’s employment report set records for...

These 10 States Have The Highest Record Unemployment Rates

TOPLINE With the coronavirus pandemic resulting in widespread business shutdown that have wreaked havoc on the U.S. economy, unemployment rose to record highs in...

Stocks Rally, Dow Rises Over 400 Points Despite Record Job Losses

TOPLINE The stock market finished nearly 2% higher on Friday, despite one of the worst monthly jobs reports in history, as investors continued to...

Stocks Rally, Dow Up Almost 300 Points Despite Record Job Losses

TOPLINE The stock market rose on Friday, despite one of the worst monthly jobs reports in history, as investors continued to look toward a...

This Week’s Economic Data Is Terrible: Here Are The Latest Reports Showing The Impact Of Coronavirus

TOPLINEThe coronavirus pandemic continues to take a heavy toll on business activity as this week’s batch of dismal economic data stokes concerns on Wall...

Over Half Of The World Has Asked The IMF For Emergency Funding

TOPLINEThe director of the International Monetary Fund, Kristalina Georgieva, said in an interview on Wednesday that the global economic downturn caused by coronavirus has...

Great Depression Economics 101

Consider what happened to the U.S. economy in March 2020. In the last week of the month, a record 6.6 Million Americans sought unemployment...

To Avoid A Depression, Stimulus For Small Businesses Is Critical

David Alpert, left, and other job seekers line up outside of the Metropolitan Pavilion for a ... Careerbuilder.com...

E Pluribus Unum: Shared Sacrifice Will Be Needed To Beat Coronavirus Says Documentarian Ken Burns

America’s preeminent historical filmmaker looks back on our country’s greatest challenges and sees a common thread in overcoming them: A willingness to submit to...

Stocks Slump, Dow Falls 600 Points As Congress Again Fails To Pass Coronavirus Stimulus Bill

The market is having its worst month since 1931. Spencer Platt/Getty Images Topline: Despite a...

Will Trump Become The Herbert Hoover Of The 21st Century? Coronavirus Could Weaken The Economy And His Presidency

A Six-Point Prescription to Cure Coronavirus’s Economic Pains As the U.S. intensifies its Coronavirus testing and the number of cases and deaths go up,...

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