The U.S. economy hit a historic unemployment record of 20.5 million jobs in April, the sharpest fall in payrolls since the Great Depression.
Category: Features
Chinese trade data proved far stronger than even bulls had imagined. The surprise rise in Chinese exports spurred hopes of an economic recovery following the coronavirus lockdown.
The euro zone economy will contract by a record 7.7% this year because of the COVID-19 pandemic according to the European Commission forecast.
Oil was on its longest run of gains in nine months as major economies eased coronavirus-led restrictions in an attempt to revive economic activity.
U.S. President Donald Trump threatens tariffs on Beijing, to punish China for its alleged failure to contain the coronavirus, ratcheting up anti-China rhetoric again, t.