Rich world’s jobs crisis jolts money flows to millions
By Nelson Renteria, Drazen Jorgic and Sofia Menchu(Reuters) - Carlos Sosa, a Salvadoran waiter in New York, used to send up to $500 a…
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China asks state firms to halt purchases of U.S. soybeans, pork, say sources
BEIJING (Reuters) - China has asked its state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar…
Asia cautious as U.S. riots weigh on S&P futures
By Wayne ColeSYDNEY (Reuters) - Asian share markets started on a cautious note and gold gained on Monday as images of riots in burning…
Coronavirus depresses U.S. consumer spending in April
WASHINGTON (Reuters) - U.S. consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand,…
Fed’s Powell to speak as focus turns from crisis to bond-buying
By Howard SchneiderWASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell will speak in a public webcast on Friday, with the details…
India’s economy seen slowing rapidly in March quarter, with worse to come
By Manoj KumarNEW DELHI (Reuters) - Gross domestic product data out later on Friday is expected to show India's economy grew at its…
S&P 500 drifts higher on healthcare, tech lift
By Medha Singh(Reuters) - Wall Street's major indexes rose on Thursday, boosted by gains in healthcare and technology stocks, as…
U.S. weekly jobless claims still elevated; core capital goods orders fall
By Lucia MutikaniWASHINGTON (Reuters) - The number of Americans filing for unemployment benefits held above 2 million last week for a…
From bikes to blockchain: Shipping industry goes digital in lockdown
COPENHAGEN (Reuters) - The coronavirus lockdown has accelerated a digitalisation drive in a global shipping and logistics sector that still…
Asian stocks gain on economic hopes, Hong Kong remains a risk
By Stanley WhiteTOKYO/NEW YORK (Reuters) - Asian shares and U.S. stock futures rose on Thursday as growing optimism about economic…