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Tag: COVID-19 pandemic

Federal Reserve Chair Jerome Powell heads into the opening dinner at the Kansas City Fed’s annual economic symposium in Jackson Hole, Wyoming on August 22, 2024. REUTERS/Ann Saphir/File Photo

Fed’s Powell says ‘time has come’ to lower interest rates

Federal Reserve Chair Jerome Powell offered an explicit endorsement of interest rate cuts, saying further cooling in the job market would be unwelcome.

Read More Fed’s Powell says ‘time has come’ to lower interest rates
In this photo taken on June 25, 2023, a banner that reads "Tens of millions of people pledge to defy death for defending country!" is seen as residents of Pyongyang attend a mass rally to mark the "day of struggle against US imperialism", on the 73rd anniversary of the three-year Korean War, which began on June 25, 1950, at the Mayday Stadium in Pyongyang. (Photo by KIM Won Jin / AFP) (Photo by KIM WON JIN/AFP via Getty Images)

Tour Operators: North Korea Will ‘Reopen For Tourists’ By End Of 2024

Two tourism companies have announced that North Korea will reopen to traveling foreigners by the end of 2024 following a shut down of all tourism.

Read More Tour Operators: North Korea Will ‘Reopen For Tourists’ By End Of 2024
NEW YORK, NEW YORK - AUGUST 02: Stock market numbers are displayed on a screen at the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Stocks closed low after the July jobs report showed a slow down in the labor market, with the Dow Jones closing with a loss of over 600 points after being nearly down 1000 points and Nasdaq closing at a loss of over 400 points. (Photo by Michael M. Santiago/Getty Images)

$2.9T ‘Wiped’ From Stock Market, Worst Day Since COVID-19: ‘Recession Fears Mounting’

Concerns of an impending recession are noticeably affecting the U.S. stock market, as a majority of stocks have had large sell-offs.

Read More $2.9T ‘Wiped’ From Stock Market, Worst Day Since COVID-19: ‘Recession Fears Mounting’
Locked up items to prevent shoplifting are seen at a Duane Reade drugstore and pharmacy on August 24, 2023 in New York City. Major retailers Walmart and Target, drugstore chains CVS and Walgreens, as well as home improvement firm Home Depot and footwear seller Foot Locker are among those to have reported more thefts -- including violent incidents -- in their latest earnings results. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)

Study: Shoplifting Has Increased By 24% Across U.S. This Year

A new crime study shows that shoplifting so far this year has increased by almost 25% in the United States.

Read More Study: Shoplifting Has Increased By 24% Across U.S. This Year
Passengers wait at Barajas Airport, as Spanish airport operator Aena on Friday reported a computer systems "incident" at all Spanish airports which may cause flight delays, in Madrid, Spain July 19, 2024. REUTERS/Elena Rodriguez

Global tech outage disrupts industries, highlights online risks

A worldwide tech outage crippled industries from travel to finance on Friday before services started coming back online after hours of disruption.

Read More Global tech outage disrupts industries, highlights online risks
NEW YORK, NEW YORK - JULY 28: A "help wanted" sign is displayed in a window in Manhattan on July 28, 2022 in New York City. The Commerce Department said on Thursday that the nation's Gross Domestic Product (GDP) fell 0.2 percent in the second quarter. With two GDP declines in a row, many economists fear that the United States could be entering a recession. (Photo by Spencer Platt/Getty Images

US job growth slows moderately; unemployment rate rises to 4.1%

The Labor Department’s employment report also showed the economy created 111,000 fewer jobs in April and June than previously estimated.

Read More US job growth slows moderately; unemployment rate rises to 4.1%

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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