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Category: Macroeconomic


Capital and Risk, Macroeconomic

Weekly claims turn higher as coronavirus jobs crisis inflicts more damage

July 23, 2020

Via: CNBC

The number of Americans who filed for unemployment benefits rose more than expected last week as the coronavirus pandemic inflicted more damage to the U.S. economy. The Labor Department said Thursday initial jobless claims came in at 1.416 million for […]


Capital and Risk, Macroeconomic

Fed’s Harker backs allowing economy to run hot before raising interest rates

July 15, 2020

Via: Market Watch

Philadelphia Fed President Patrick Harker on Wednesday said he would support a change in monetary policy where the central bank would let the economy run hot until inflation rises above the central bank’s 2% annual target before raising borrowing costs. […]


Capital and Risk, Macroeconomic

Gasoline, food boost U.S. consumer inflation in June

July 14, 2020

Via: CNBC

U.S. consumer prices increased by the most in nearly eight years in June as businesses reopened, but the underlying trend suggested inflation would remain muted and allow the Federal Reserve to keep injecting money into the ailing economy. The Labor […]


Capital and Risk, Macroeconomic

Goldman lowers economic outlook as U.S. copes with rising coronavirus cases

July 6, 2020

Via: CNBC

Rising coronavirus cases will limit growth in what will be an otherwise robust third-quarter rebound in the U.S., according to Goldman Sachs. The bank’s economists now see third-quarter gross domestic product rising by 25% on an annualized basis. That’s down […]


Capital and Risk, Macroeconomic

U.S. regains 4.8 million jobs in June and unemployment falls to 11.1%, but rehiring poised to slow

July 2, 2020

Via: Market Watch

The numbers: The U.S. added 4.8 million jobs in June and the unemployment rate fell for the second straight month to 11.1%, but the economy’s recuperation from the coronavirus might already be suffering a setback from a renewed surge in […]


Capital and Risk, Macroeconomic

Economy’s second-half comeback is now threatened by coronavirus resurgence

July 1, 2020

Via: CNBC

As the economy moves into the second half of the year, economists expect to see a bounceback, but the resurgence in Covid-19 threatens to make that rebound less potent than expected. More than a dozen states have now paused or […]


Capital and Risk, Macroeconomic

Goldman Sachs says a national mask mandate could slash infections and save economy from a 5% hit

June 30, 2020

Via: CNBC

A federal face mask mandate would not only cut the daily growth rate of new confirmed cases of Covid-19, but could also save the U.S. economy from taking a 5% GDP hit in lieu of additional lockdowns, according to Goldman […]


Capital and Risk, Macroeconomic

U.S. May retail sales surge 17.7% in the biggest monthly jump ever

June 16, 2020

Via: CNBC

Retail sales shattered already-lofty expectations for May as consumers freed from the coronavirus-induced lockdowns began shopping again. The 17.7% headline gain including food sales easily topped the previous record from October 2001 and beat the 8% estimate from economists surveyed […]


Capital and Risk, Macroeconomic

New York region manufacturers are the most optimistic since coming out of the financial crisis

June 15, 2020

Via: CNBC

Manufacturing activity snapped back to life in the New York area this month as optimism for future activity hit its highest in almost 11 years. The Empire State Manufacturing Survey posted a reading of -0.2 in June after hitting record […]


Capital and Risk, Macroeconomic

U.S. import prices post largest gain in more than a year

June 12, 2020

Via: CNBC

U.S. import prices increased by the most in more than a year in May, driven by higher costs for petroleum products and food, which could further diminish fears of deflation as the economy battles a recession. The Labor Department said […]