More than a million people have filed for unemployment each week since mid-March. The continued high level of jobless claims raises questions about whether steep job losses could last longer than hoped, economists have said.
We last surveyed VCs about their advertising and marketing investment strategies back in January — which is to say, in a completely different world, before the coronavirus pandemic began to wreak havoc on the global economy. While there don’t appear to be any comprehensive numbers yet about the effect on digital advertising (which is, after […]
[The Conversation Africa] COVID-19 is increasingly wreaking havoc on the health of Nigerians, but its economic impact may well be more devastating. Before the pandemic, the Nigerian economy was growing at an anaemic rate of 2%. The country has also been suffering from high poverty and unemployment rates. This is paradoxical for a country endowed with humongo […]
The U.S. economy shrank at a 5.0% rate in the first quarter with a much worse decline expected in the current three-month economic period because of the coronavirus pandemic
New Enterprise Associates has launched a new investment initiative with the Hollywood talent agency Creative Artists Agency. The new partnership, called Connect Ventures, said it will identify and accelerate the growth of early-stage, consumer-focused businesses formed in the wake of the global pandemic. In a world where everything is a commodity and nothing […]
The recent spikes in cases have led to growing fears of a “second wave” of the pandemic, as countries that seemingly passed the peak of infections some months ago experience new outbreaks.
The latest on stock market and business news during the coronavirus outbreak.
Between March and June 2020, a spate of pandemic photography—by professionals and ordinary folk—captured haunting images of how life had been interrupted for many millions of people around the globe.
China’s state media have been using the pandemic and U.S. protests sparked by the killing of George Floyd to rally its citizens at home, as Beijing’s relationships around the world grow tenser. Photo Composite: Crystal Tai/WSJ
Despite dropping infection rates in the region, organizers and city officials decided the risks of running a race with 50,000 participants were too high.
[SAnews.gov.za] Finance Minister Tito Mboweni says as a result of the COVID-19 pandemic, the country’s economy is projected to contract by 7.2% in 2020.
[allAfrica] Geneva -COVID-19 is having a profound impact on global trade and the businesses that drive it, says a new report by the International Trade Center (ITC). The report highlights the devastating effect the pandemic is having on the small and medium enterprises so important to Africa’s economies.
Viruses are not as smart as humans, but they are much more patient. And the coronavirus’ track record suggests it won’t simply burn itself out.
Throughout the pandemic, Lee Duk-hoon has coped the only way she knows how — bringing order to a chaotic world one head of hair at a time.
Hassett was brought back when the economic impact of the pandemic started hitting the U.S.
Foreaders 