Related topics: economy

36 million have sought US unemployment aid since virus hit

Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.

Some industries will thrive during pandemic

Responses to contain the spread of the new coronavirus have brought economic loss and uncertainty, but some businesses and industries can survive and thrive.

New economic model may prevent problems with capital flow

The sudden halt of capital flow within a country indicates, according to experts, a bottleneck related to its foreign finance: That is to say, the bankruptcy of the country, as it leads to the contraction of international ...

Coronavirus casts shadow over Everest

The Himalayan hilltown of Khumjung should be bustling ahead of Everest's climbing season, but the coronavirus has forced the shut down of the world's tallest mountain and threatened the livelihood of the famed local Sherpas.

The economic risk of coronavirus

While most people are primarily concerned with how the coronavirus will affect health—locally, nationally, and globally—others are considering the economic ramifications. Now that the World Health Organization has officially ...

Piracy takes greater toll on small Persian gulf energy exporters

Tanker traffic through the Strait of Hormuz can decline for up to two years after a piracy attack, a new Duke University study finds, but the adverse effects of the slowdown are far greater on some Persian Gulf countries ...

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