President Joe Biden will unveil on Wednesday a sweeping 1.8 trillion plan to expand educational opportunities and child care for families, funded in part by the largest tax increases on wealthy Americans in decades the centerpiece of his first address to a joint session of Congress. Called the American Families Plan, Bidens third major legislative […]

SHANGHAI, April 29 Reuters Chinas 2021 gold demand will see annual growth and will revert to prepandemic levels if there are no dramatic changes to the global economic and geopolitical situation, a World Gold Council WGC official said on Thursday. For China we had better first quarter growth even compared to 2019 … If things […]

BERLIN, April 29 Reuters German unemployment rose unexpectedly in April and companies put more staff on shorter working hours in subsidized job protection schemes, data showed on Thursday, in a further pandemicrelated setback for a fragile recovery in Europes largest economy. The Labour Office said the number of people out of work increased by 9,000 […]

TOKYO, April 28 Reuters Japanese retail sales rose at the fastest pace in five months in March as consumer demand recovered from the huge hit it took from the coronavirus pandemic last year. The worlds thirdlargest economy has emerged from last years slump on an export recovery, though a glacial vaccine rollout and a resurgence […]

With the resumption of global travel on the horizon, some people are discovering that their choice of vaccine could determine where theyre allowed to go. Already, the European Union is planning to allow Americans vaccinated with shots approved by their drug agency to enter over the summer, European Commission president Ursula von der Leyen suggested […]

U.S. equities headed for alltime highs amid solid corporate earnings and confidence that the Federal Reserve will remain accommodative even as robust growth takes the worlds largest economy back to prepandemic levels. The SP 500 rose after notching its first weekly decline since midMarch. Most of the main 11 industry groups gained, with energy shares […]

Goldman Sachs has upgraded its forecasts for the U.K. economy in 2021, and now sees it outpacing the U.S. The U.K.s flash composite purchasing managers index reading for April surged to 60 from 56.4 in March, its highest level since November 2013 and a far sharper incline than anticipated, as the country embarks on a […]

LONDON, April 27 Reuters British retailers reported the sharpest upturn in sales since 2018 this month as nonessential shops in England and Wales began to reopen after more than three months of closure due to COVID restrictions, a survey showed on Tuesday. The Confederation of British Industry said its monthly retail sales volume balance jumped […]

India reported a record number of Covid19 cases for the fifth straight day on Monday while the official death toll also jumped. Official data showed there were 352,991 new reported cases over a 24hour period as total infection numbers crossed 17 million. At least 2,812 people died which pushed the total death toll to over […]

Britain is showing signs of economic recovery from the COVID19 pandemic as it gradually relaxes its latest lockdown measures, according to a range of timely and forwardlooking indicators. The worlds fifthbiggest economy shrank by almost 10 in 2020, a more severe slump than almost all its European peers after it locked down later and for […]