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lockdowns

U.S. Loses 140,000 Jobs Amid New Lockdowns

The December jobs report shows "the economy’s not just tapping on the brakes, but actually has been thrown into reverse."

IEA Raises Oil Demand Forecast for 2020

The organization also warned that the recent surge in COVID-19 cases could threaten the market's recovery.

Smartphone Market Seen Falling 11.9% in 2020

"What started as a supply-side crisis has evolved into a global demand-side problem."

Another 2.4M Workers File First-Time Jobless Claims

"The states may be opening back up, but the labor market is still closed for millions across America."

U.S. Consumer Spending Plunges Record 7.5%

The March decline in spending "is the tip of the iceberg. The worst is yet to come with the April data.”

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