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Coronavirus Economic Weekly News 18April 2021

Coronavirus Economic Weekly News 18April 2021 News posted last week about economic effects related to the coronavirus 2019-nCoV (aka SARS-CoV-2), which produces COVID-19 disease, has been surveyed and some articles are summarized here. We cover the latest economic data, especially the new coronavirus relief bill and stimulus checks, government funding, the latest employment data, housing market reports, mortgage delinquencies & forbearance, layoffs, lockdowns, and schools, as well as GDP. The bulk of the news is from the U.S., with a few more articles from overseas at the end. (Picture below is morning rush hour in downtown Chicago, 20 March 2020.) News items about epidemiology and other medical news for the virus are reported in a companion article.

Inflation Accelerated in March Due to Strengthening Economy —3rd Update

Provided by Dow Jones By Gwynn Guilford U.S. consumer prices rose sharply in March as the economic recovery gained momentum, marking the start of an expected monthslong pickup in inflation pressures. Some of the price increases reflected temporary factors, but others showed how demand for many goods and services is reviving a year after the coronavirus pandemic shut down large swaths of the economy, analysts said. The Labor Department reported Tuesday that its consumer-price index which measures what consumers pay for everyday items including groceries, clothing, recreational activities and vehicles jumped 2.6% in the year ended March, the biggest 12-month increase since August 2018, and rose a seasonally adjusted 0.6% in March from February.

Global stocks hit record after US inflation data | Money

Wednesday, 14 Apr 2021 07:16 AM MYT Asian stocks overnight gained support on China trade data that showed exports in dollar terms rose more that 30 per cent in March from a year earlier, short of expectations. Imports jumped 38 per cent, the fastest pace in four years, suggesting a post-pandemic recovery in Chinese spending. Picture by Reuters Subscribe to our Telegram channel for the latest updates on news you need to know. NEW YORK, April 14 A gauge of global equity markets rose to record highs yesterday, led by surging technology-related stocks, as Treasury bond yields eased after US consumer price data for March showed the pace of inflation was not rising wildly.

Global stocks hit record after U S inflation data

Global stocks hit record after U S inflation data
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