The pace of the spread of COVID-19 has slowed across America. Increases in daily fatal cases and confirmed cases are about half what they were seven weeks ago. Nevertheless, 534,746 Americans have died, which is about 20% of the world’s total. Confirmed cases have reached 29,465,761, or about 25% of the global number. As important as these statistics, hospitalizations have […]

Jobless claims rose less than expected last week, but held above pre-pandemic levels, as President Biden prepared to sign a $1.9 trillion stimulus package. The Labor Department on Thursday reported that first-time filings for jobless benefits totaled 712,000 for the week ended March 6, below the 725,000 estimate. "This once again represents the lowest print of the pandemic as workers […]

Hugo Boss reported double-digit decreases across its balance sheet in 2020. Although the German firm saw some recovery at the end of the year in important markets like China, this wasn’t enough to stave off a 29 percent decrease in Q4 revenues to 583 million euros. Hugo Boss, which had pushed its more casual offerings during the pandemic, suffered not […]

Taiwan central bank governor Yang Chin-long said on Thursday that the United States may label the island a currency manipulator as it has already met Washington's three main criteria for making such a decision. Yang, answering lawmaker questions in parliament, added that if this happens it would not be too serious and that there would be no immediate disadvantage for […]

President Joe Biden will meet his goal of vaccinating 100 million Americans before his 100th day in office, according to Dr. Scott Gottlieb. Earlier Wednesday Biden announced plans to buy another 100 million doses of Johnson & Johnson’s single-shot vaccine, bringing the total supply up enough to vaccinate every American. Gottlieb said that he thinks “the bigger issue” will be […]

SYDNEY (BLOOMBERG) – Housing prices in Sydney soared to an all-time high, gaining 5.7 per cent since last year’s low in October as the economy continues to recover. Sydney property values are now higher than the prior peak in 2017, CoreLogic data released on Thursday (March 11) showed. However, Melbourne remains 1.3 per cent below its pre-pandemic high and Perth […]

Addis Ababa, Ethiopia (CNN)All 157 people aboard an Ethiopian Airlines flight that crashed soon after taking off Sunday morning from Addis Ababa have been killed, the airline said Sunday. The plane, en route to Nairobi, Kenya, lost contact at 8:44 a.m. local time, six minutes after taking off from Bole International Airport in the Ethiopian capital. Live updates Flight ET302 […]