Financial Crisis

Apple rolls out cheaper iPhone as pandemic curbs spending
Apr 15, 2020

Apple rolls out cheaper iPhone as pandemic curbs spending

Apple is releasing a new iPhone that will be vastly cheaper than the models it rolled out last fall before the coronavirus pandemic had forced people to rethink their spending


'A crisis like no other': IMF facing huge demand for support
Apr 15, 2020

'A crisis like no other': IMF facing huge demand for support

The head of the International Monetary Fund says the lending agency is facing huge demand for support from its members during the global pandemic


Fed notes what most Americans see: A sharp economic downturn
Apr 15, 2020

Fed notes what most Americans see: A sharp economic downturn

The Federal Reserve is noting what most Americans are already acutely aware of: Economic activity contracted sharply and abruptly cross all regions of the country in recent weeks as the country locked down to combat the coronavirus pandemic


Detroit facing fresh fiscal woes with coronavirus closures
Apr 15, 2020

Detroit facing fresh fiscal woes with coronavirus closures

Detroit's fiscal future faces a new daunting foe in the coronavirus


Asia Today: Millions vote in South Korea despite virus
Apr 15, 2020

Asia Today: Millions vote in South Korea despite virus

Millions of South Korean voters are wearing masks and maintaining social distancing as they vote in parliamentary elections and there is high turnout despite the spreading coronavirus


High turnout in South Korean election despite virus fears
Apr 15, 2020

High turnout in South Korean election despite virus fears

Millions of South Koreans wore masks and disposable gloves as they voted in parliamentary elections, the highest turnout in nearly three decades despite the coronavirus


Mideast economies battered by virus, oil prices and conflict
Apr 15, 2020

Mideast economies battered by virus, oil prices and conflict

The Middle East has long been wracked by high numbers of unemployed youth, unrest, conflict and large numbers of refugees, even before the coronavirus outbreak


Global stocks, oil price sink on grim forecasts
Apr 15, 2020

Global stocks, oil price sink on grim forecasts

Global stocks and oil prices have sunk after the International Monetary Fund said the world economy will suffer its worst year since the Great Depression of the 1930s due to the coronavirus pandemic


South Koreans vote in national election amid virus fears
Apr 15, 2020

South Koreans vote in national election amid virus fears

South Korean voters are wearing masks and moving slowly between lines of tape at polling stations to elect lawmakers in the shadows of the coronavirus


Global stocks, oil prices sink after grim IMF forecast
Apr 15, 2020

Global stocks, oil prices sink after grim IMF forecast

Global stocks and oil prices have sunk after the International Monetary Fund said the world economy will suffer its worst year since the Great Depression of the 1930s due to the coronavirus pandemic



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.