Unemployment claims have soared to historic levels.
The U.S. Senate has reached a deal on an emergency fiscal package.
Germany is set to introduce a multibillion-dollar rescue package.
Unemployment in the U.S. is about to skyrocket. Public panic over the coronavirus outbreak in the U.S. really set in only around the middle of last week. Companies, however, were worried much sooner. Initial jobless claims jumped by 70,000 last week – the largest spike since 2012 – to 281,000, according to U.S. Labor Department […]
The European Central Bank has unveiled a new bond-buying program worth billions of euros.