U.S. business inventories fell more than anticipated in April as coronavirus has dropped imports as inventory investments may hinder economic output in the second quarter. Inventories play a key...
Tag: GDP
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Government of India Offers Nearly USD 60 Billion Credit Line for Small Businesses
India’s Government reported that it will offer nearly USD 60 Billion of loan guarantees for small businesses to combat the economic damage caused by the COVID-19 pandemic. The credit...
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Dow Jones Smashes Record Highs, Fourth Consecutive Week of Gains
U.S. markets have been bullish during the month of December. On Friday morning, the Dow Jones extended by 95.97 points or 0.34%, gaining over 1,100 points in the month...
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The U.S Economy Continues to Grow Steadily Despite Trade War
The U.S Economy is growing at a better pace than what economist have predicted. Several governmental economic reports on Wednesday showed that U.S. economy continues to grow at a...
Monday’s report by the Commerce Department indicated that the goods trade gap dropped 3.6% to $70.4 billion last month. Overall, the U.S goods trade deficit fell in September as...
The Fed is expected to cut interest rates for the first time since 2008 as a pre-emptive action for the effects of the trade war on the economy. “The...
Ever since the controversial President Donald Trump had taken office, he has attempted to implement changes to effectively back up his slogan of “Make America Great Again”. However, he...
China reported second quarter economic numbers on Monday, showing the country’s lowest growth rate in at least 27 years. China’s economy grew 6.2% in the second quarter from a...
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Over 600 Companies Pressure Trump to Resolve Trade Disputes
President Donald Trump is being petitioned in a letter by hundreds of companies including Walmart Inc. (NYSE: WMT), Target Corp. (NYSE: TGT), and Macy’s Inc. (NYSE: M) to resolve...
INEOS Styrolution India Limited (NSE: INEOSSTYRO.NS) announced today that it has signed an agreement with Saudi Aramco and Total, France to build three new plants in the kingdom of...