Financial Crisis

World shares mostly higher after Wall Street rally
May 28, 2020

World shares mostly higher after Wall Street rally

Global markets are mostly higher as investors pin their hopes on an economic rebound from the coronavirus crisis


Asian shares mixed after Wall Street rally; Hong Kong lower
May 28, 2020

Asian shares mixed after Wall Street rally; Hong Kong lower

Asian stocks are mixed after an upbeat open, as investors pin their hopes on an economic rebound from the coronavirus crisis


New York City now alone in state in keeping economy closed
May 27, 2020

New York City now alone in state in keeping economy closed

Long Island has become the latest region of New York to begin easing restrictions put in place to curb the spread of the coronavirus


Board suspends budget cuts for struggling Puerto Rico
May 27, 2020

Board suspends budget cuts for struggling Puerto Rico

A federal control board that oversees Puerto Rico’s finances has approved a revised fiscal plan that temporarily suspends all budget cuts and anticipates the island’s surplus could plunge by 65%, and it warned the government is unable to pay debt obligations


Vanishing jobs for young could create 'lock-down generation'
May 27, 2020

Vanishing jobs for young could create 'lock-down generation'

The International Labor Organization says more than one out six young people have stopped working during the coronavirus pandemic and is warning of long-term fallout that could lead to a “lock-down generation” if steps aren’t taken to ease the crisis


CEO pay has topped $12.3M. Can it keep rising post-pandemic?
May 27, 2020

CEO pay has topped $12.3M. Can it keep rising post-pandemic?

Pay for CEOs topped $12.3 million at the biggest U.S. companies last year, and the gap continued to widen between chief executives and the workers they are shepherding


Long Island enters first phase of NY's reopening process
May 27, 2020

Long Island enters first phase of NY's reopening process

Long Island has become the latest region of New York to begin easing restrictions put in place to curb the spread of the coronavirus as it enters the first phase of the state’s four-step reopening process


Japan's exports sink in March as pandemic hits major markets
Apr 20, 2020

Japan's exports sink in March as pandemic hits major markets

Japan’s exports sank 11.7% in March as the coronavirus pandemic slammed auto shipments to the U.S. The Finance Ministry said Monday that exports to the U.S. fell 16.5% in March from a year earlier, while those to China declined 8.7%


If colleges cut sports programs, could new models emerge?
Apr 20, 2020

If colleges cut sports programs, could new models emerge?

College sports programs are already being cut and more are likely on the chopping block


4/20 fizzle: Pot industry tested as virus slams economy
Apr 20, 2020

4/20 fizzle: Pot industry tested as virus slams economy

The unofficial holiday saluting all things cannabis arrives at a challenging time for the nation's legal marijuana industry



The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.