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US consumer spending falls by 13.6% in April, a new lowUS CONSUMER spending suffered another month of record decline in April as the Covid-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Commentary: COVID-19 has revealed a new disadvantaged group among us – digital outcastsInstances from the ground reveal significant struggle in terms of digital literacy and skills, particularly among low-income households, the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Malta seizes over US$1 billion in 'counterfeit' Libyan money, says USVALLETTA (AFP) - Moscow on Saturday (May 30) denied US reports that US$1.1 billion (S$1.5 billion) in Libyan money printed in Russia and seized by Maltese authorities was counterfeit.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
US stocks end mostly up despite bad data, China tensionsWall Street stocks finished a volatile session mostly higher on Friday (May 29) after newly announced US policies to punish China did not threaten ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US stocks end mostly up despite bad data, China tensionsNEW YORK (AFP) - Wall Street stocks finished a volatile session mostly higher on Friday (May 29) after newly announced US policies to punish China did not threaten a trade detente between Washington and Beijing.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Coronavirus sinks US consumer spending; savings hit record highU.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »