The world's third-largest economy shrank by an annualized 28.1% in April to June, more than a preliminary reading of a 27.8% contraction, revised data showed on Tuesday, suffering its worst postwar contraction.
Trump touted the most recent nonfarm payrolls report that showed a sharp drop in the unemployment rate and said that if he is not re-elected, the pandemic rebound will come to a halt.
Some companies adopted the 'digital nomad' life, where employees can be remote from anywhere, long before Covid-19. This method of WFH may be bound for mass adoption.
Copper prices have experienced a remarkable resurgence since the late March crash, hitting two-year highs last week, and Goldman Sachs believes the rally has further to run.
U.K. house prices saw their biggest growth since 2016 in August, climbing to a record high, according to Britain's longest-running barometer of the property market.
German officials are increasing pressure on the Kremlin to cooperate in the investigation into the suspected poisoning of Russian opposition politician Alexei Navalny.
SMIC relies on American chipmaking equipment. If it were to be added to the Entity List, that could make it more difficult for the company to obtain the gear needed to develop its capabilities and hurt production.
Brexit tensions threaten the possibility that both sides will not reach a deal, which is a problem for many exporters and could ultimately shake financial markets.
Spain's Prime Minister Pedro Sanchez on Monday said there were positive aspects in the proposed merger of Spanish lenders Caixabank and state-owned Bankia.
Tensions between the two countries in the technology space heated up over the weekend with the U.S. considering blacklisting China's largest chipmaker, Semiconductor Manufacturing International Corporation or SMIC.