Australia  

Recession

Latest news and video coverage curated from trusted media outlets

0
shares
ShareTweetSavePostSend
 

Despite Pandemic Home Sales Spike [Video]

Despite Pandemic Home Sales Spike

Business Insider reports that in September, sales of previously owned homes leaped 9.4%. According to the National Association of Realtors that's a seasonally adjusted annual rate of 6.54 million. This..

Credit: Wochit Business     Duration: 00:33Published
Have Adult Children Living Back Home? Yelp Will Give You $2,000 to Re-Empty the Nest [Video]

Have Adult Children Living Back Home? Yelp Will Give You $2,000 to Re-Empty the Nest

With the majority of America’s 18- to 29-year-olds living back with their parents during the pandemic, the company will help cover costs of moving adult children back out on their own.

Credit: Travel & Leisure     Duration: 01:02Published
Economics and COVID-19 Response Weigh Heavily For Voters Aged 40 - 65 [Video]

Economics and COVID-19 Response Weigh Heavily For Voters Aged 40 - 65

A plan for the economy and COVID-19 response is swaying most voters in the 2020 election, according to a survey on behalf of Edelman Financial Engines. Buzz60’s TC Newman has more.

Credit: Buzz60     Duration: 01:00Published
51% of older Americans believe the COVID-19 economic crisis is worse than the 2008 recession [Video]

51% of older Americans believe the COVID-19 economic crisis is worse than the 2008 recession

Over half of Americans think the 2020 economic crisis brought on by the COVID-19 pandemic is worse than the 2008 recession, according to new research. Three in five (59%) said the presidential..

Credit: SWNS STUDIO     Duration: 00:50Published
Dow Plunges 411 Points [Video]

Dow Plunges 411 Points

Getty Images US stocks extended losses into Monday's close as a lack of stimulus progress cut into hopes for a pre-election deal. House Speaker Nancy Pelosi expedited talks on Sunday, setting a 48-hour..

Credit: Wochit Tech     Duration: 00:33Published
Juicy Couture's Rise And Fall [Video]

Juicy Couture's Rise And Fall

Juicy Couture's founders started the company with just $200. Celebrity tabloid culture helped establish Juicy's tracksuits and accessories as an iconic part of early 2000s fashion. By 2008, Juicy..

Credit: Wochit     Duration: 00:34Published
U.S. judge blocks Trump attempt to cut food aid [Video]

U.S. judge blocks Trump attempt to cut food aid

A U.S. federal judge has struck down a Trump administration rule that would have cut food stamp benefits to almost 700,000 unemployed Americans amidst the COVID-19 pandemic, court documents showed...

Credit: Reuters - Politics     Duration: 01:34Published
Working For Chicago: Illinois Central School Bus Hiring Dozens Of Drivers [Video]

Working For Chicago: Illinois Central School Bus Hiring Dozens Of Drivers

CBS 2's Tim McNicholas is Working for Chicago, with opportunities and options to help you drive through this recession.

Credit: CBS 2 Chicago     Duration: 02:30Published
East Contra Costa Fire Protection District Mulls Merger WIth Con Fire [Video]

East Contra Costa Fire Protection District Mulls Merger WIth Con Fire

During the Great Recession, East Contra Costa Fire Protection District began closing fire station Now the district’s board is considering voting themselves out of existence to change improve service...

Credit: CBS 5 SF KPIX     Duration: 02:15Published
U.S. retail sales blow past expectations [Video]

U.S. retail sales blow past expectations

U.S. retail sales accelerated in September, rounding out a strong quarter of economic activity, but the recovery from the COVID-19 recession is at a crossroads as government money runs out and..

Credit: Reuters Studio     Duration: 01:07Published
Lebanese designers struggle to rebuild their brands following triple crisis [Video]

Lebanese designers struggle to rebuild their brands following triple crisis

Lebanon’s fashion industry is currently enduring a triple crisis. The current economic recession is the worst in the country’s history, COVID-19 has decimated sales and August’s port explosion..

Credit: euronews (in English)     Duration: 03:02Published
Hertz Jumps 177% [Video]

Hertz Jumps 177%

On Friday, stock for Hertz soared 177%. According to regulatory filings Hertz has lined up potential debtor-in-possession financing of $1.65 billion. Hertz entered a commitment letter for the $1.65..

Credit: Wochit Tech     Duration: 00:32Published
Stimulus Package Update: What Happens To The Economy Without A Second Stimulus? [Video]

Stimulus Package Update: What Happens To The Economy Without A Second Stimulus?

Spending from the first round of stimulus propped up the economy. But that money is gone, and a more stimulus is unlikely in the coming weeks. Katie Johnston reports.

Credit: CBS Dallas Digital     Duration: 00:55Published
IMF Chief economist Gita Gopinath says 'world economy remains in a deep recession'|Oneindia News [Video]

IMF Chief economist Gita Gopinath says 'world economy remains in a deep recession'|Oneindia News

IMF Chief economist Gita Gopinath says that the world economy remains in a deep recession even though we have a small upgrade. The recovery is going to be uneven, long and uncertain. The International..

Credit: Oneindia     Duration: 01:03Published
Jenrick defends chancellor's package [Video]

Jenrick defends chancellor's package

Communities Secretary Robert Jenrick has defended the chancellor's package of measures to support people and businesses affected by Covid-19, but says we "can't do everything" while in a severe..

Credit: ODN     Duration: 01:05Published
Argentina's protesters urge gov't to stop foreign debt payments [Video]

Argentina's protesters urge gov't to stop foreign debt payments

The economy in Argentina was in trouble prior to the pandemic, struggling with recession and high inflation.

Credit: Al Jazeera STUDIO     Duration: 02:45Published
Trump Won't Allow Stimulus Package Talks To Continue Unless He's Reelected [Video]

Trump Won't Allow Stimulus Package Talks To Continue Unless He's Reelected

Business Insider reports there are still 11 million fewer Americans employed compared to before the pandemic hit in February. The pace of job growth is slowing, and Tuesday, Fed Chair Jerome Powell..

Credit: Wochit     Duration: 00:43Published
A look back, and ahead of Mayor Cooper's first year in office p2 [Video]

A look back, and ahead of Mayor Cooper's first year in office p2

I think it is fair to say this has been the most tumultuous 12-months ever for any first-year mayor, or perhaps any year for a mayor of Nashville. Even before 2020 began, the city faced budget issues..

Credit: NewsChannel 5 Nashville     Duration: 08:18Published
A look back, and ahead of Mayor Cooper's first year in office p1 [Video]

A look back, and ahead of Mayor Cooper's first year in office p1

I think it is fair to say this has been the most tumultuous 12-months ever for any first-year mayor, or perhaps any year for a mayor of Nashville. Even before 2020 began, the city faced budget issues..

Credit: NewsChannel 5 Nashville     Duration: 07:22Published
A look back, and ahead of Mayor Cooper's first year in office p3 [Video]

A look back, and ahead of Mayor Cooper's first year in office p3

I think it is fair to say this has been the most tumultuous 12-months ever for any first-year mayor, or perhaps any year for a mayor of Nashville. Even before 2020 began, the city faced budget issues..

Credit: NewsChannel 5 Nashville     Duration: 06:18Published
Remember Jumbo Loans? They're Still Around, But They're Not Easy To Get [Video]

Remember Jumbo Loans? They're Still Around, But They're Not Easy To Get

Popular in the runup to the housing bust of the Great Recession, a jumbo loan is a mortgage for more than the borrowing limit for regular mortgages. At present, jumbo loans are for mortgages over..

Credit: Wochit     Duration: 00:36Published
Flight attendant turns to drug dealing after losing job amid pandemic [Video]

Flight attendant turns to drug dealing after losing job amid pandemic

Credit: nypost     Duration: 00:57Published
First Female Recession Threatens Progress [Video]

First Female Recession Threatens Progress

Credit: Wochit     Duration: 00:27Published
Around 900 jobs to go as TSB closes 164 bank branches [Video]

Around 900 jobs to go as TSB closes 164 bank branches

High street bank TSB has said it will cut around 900 jobs and close 164 of itsbranches. The Spanish-owned bank said the cuts have been driven by a“significant shift in customer behaviour”, as fewer..

Credit: PA - Press Association STUDIO     Duration: 00:52Published
Insults and interruptions dominate Donald Trump and Joe Biden's first debate [Video]

Insults and interruptions dominate Donald Trump and Joe Biden's first debate

The first debate between US President Donald Trump and Democratic challengerJoe Biden deteriorated into a bitter showdown. The president repeatedlyinterrupted his opponent with angry and personal..

Credit: PA - Press Association STUDIO     Duration: 01:00Published

You Might Like


New York cashes in as Wall Street posts most profitable first half since 2009

New York City's securities industry posted its most profitable first half to a year in more than a decade even as the coronavirus pandemic and a resulting recession battered the US economy.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

UK: Family Finances And Covid 19 – The Impact On Existing Financial Agreements And Negotiating Financial Agreements (Video) - DMH Stallard

With the government recently announcing the biggest decline in employment since the 2009 recession and with many businesses set to fail due to the pandemic how will this affect...
Mondaq - Published

'Too much focus on hard hats': Leaders reveal first steps out of recession

Brisbane Times asked both leaders what would be the first steps they would take after the election to rescue the economy.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

Dark deja vu for European economy as virus cases spike

Europe’s economy was only just catching its breath from what had been the sharpest recession in modern history. A resurgence in coronavirus cases has dealt it a brutal blow.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

Berejiklian and Andrews have one thing in common: they want to brazen out their crises

The two premiers know there is no voter appetite for a change of leader in the midst of the pandemic and a recession.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

What crisis? Beers flow, miners toast boom at Diggers & Dealers knees-up

There were very few signs of the global pandemic or recession at the Diggers and Dealers conference in Kalgoorlie this week.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

RBA defies falling interest rates to boost earnings

Interest rates hit record lows, the Australian dollar slid and the economy was in recession but the Reserve Bank posted a $2.5 billion profit.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

S&P/ASX 200 gains 0.53% as Reserve Bank Governor signals possible rate cut

S&P/ASX 200 (INDEXASX:XJO) gained 0.53% to 6212 by around 3.07 pm after the Reserve Bank Governor Philip Lowe provided an update on the economy, job market and the policy response to the pandemic..
Proactive Investors - Published

Australia: How to transform economic challenges into business opportunities… - Worrells Solvency & Forensic Accountants

The government via its budget, has sought to overcome the recession's challenges by creating opportunities for business.
Mondaq - Published

 Page 1  〉