Pandemic Financial News

30.09 / 15:07

COST Digital Aware economy pandemic Experts Are digital tools a way for companies to retain hourly workers?

The COVID-19 pandemic and the resetting of the economy that followed it made hourly workers more aware of their value

30.09 / 13:17

COST UPS Analysis pandemic trends The $1,000 ‘micro’ handbags luxury brands are pinning their hopes on

Subscribe to enjoy similar stories. To spot a potential comeback story in the luxury goods industry, look for the brand with the smallest handbags. Luxury companies have a lot riding on the “super mini" purses and $1,200 wallets on a chain they launched in recent collections.

29.09 / 07:51

UPS Citi film pandemic trends show audience As theaters struggle, many independent cinemas in Los Angeles are finding their audience

In a time when streaming and a pandemic have radically transformed cinema consumption over the past decade, a growing number of mostly younger people are contributing to a renaissance of the Los Angeles independent movie theater scene

28.09 / 14:17

MET economy pandemic President International Facing a possible strike at US ports, Biden administration urges operators to negotiate with unions

Top Biden administration officials met with port operators ahead of a possible strike at East and Gulf coast ports, with a union contract set to expire late Monday

28.09 / 05:19

markets pandemic show country reports travelers Jan-Jun FTAs in India 4.78 mn; Bangladesh, US top two source countries: Tourism ministry

Foreign tourist arrivals (FTAs) in India from January to June stood at nearly 4.78 million, with Bangladesh and the US being the top two source countries, according to official data issued by the Ministry of Tourism. The data sheet was shared on Friday on the occasion of the World Tourism Day and figures showed that inbound tourism in the country is trailing the pandemic levels. The ministry shared the figures for the month of June as well as for the January-June period. The FTAs in June 2024 were 7,06,045 as compared to 6,48,008 in June 2023 and 7,26,446 in June 2019 registering a growth of nine per cent and a fall of 2.8 per cent with respect to 2023 and 2019 respectively, according to the data.

26.09 / 20:01

UPS Merit wellness pandemic Investigations International Ports seek order to force dockworkers to bargaining table as strike looms at East and Gulf ports

With a strike deadline looming, the group representing East and Gulf Coast ports is asking a federal agency to make the Longshoremen’s union come to the bargaining table to negotiate a new contract

26.09 / 20:01

UPS FIVE Boxing pandemic Videos skeleton Halloween superfans see the culture catching up to them. (A 12-foot skeleton helped)

Five years ago this Halloween, Home Depot introduced a 12-foot-tall skeleton

26.09 / 10:11

Manufacturing Food Death Boxing pandemic hospital 2020 Get your Narcan! Old newspaper boxes are being used to distribute overdose reversal drug

Old newspaper boxes are being repurposed into containers that distribute Narcan, an emergency treatment to reverse drug overdoses

26.09 / 06:45

markets UPS Citi economy pandemic performer China market support may fizzle out if key issues remain unsolved

Subscribe to enjoy similar stories. China’s over $100 billion push to bolster its stock markets has stirred optimism, but begs the question of whether investors and businesses will take the bait amid lingering doubts about the economy’s underlying weakness.

26.09 / 01:13

markets UPS awards pandemic electronic 2020 ETSA 2024: Comeback Kid winner Rentomojo eyes IPO in next 18 months

This is part of a series of interviews with the winners of The Economic Times Startup Awards 2024. After having witnessed an unprecedented downturn during the Covid-19 pandemic, which left the company with cash to run just for a fortnight, Accel-backed furniture and electronics rental startup Rentomojo is now gearing up to file for an initial public offering in the next 18 months, its founder and chief executive Geetansh Bamania said. Founded in 2014 — among multiple other furniture and electronic rental startups that came up at the time — Rentomojo had its work cut out to come out on the top.

25.09 / 22:13

COST Coronavirus pandemic President country 2020 A zoo in Finland with financial woes is returning giant pandas to China

A zoo in Finland has agreed with Chinese authorities to return two loaned giant pandas to China eight years ahead of schedule because they have become too expensive for the facility to maintain amid declining visitors

25.09 / 14:29

UPS Target economy Opinion pandemic Headlines Opinion: If inflation falls again, BoC should cut interest rates 50 points

By Steve Ambler and Jeremy Kronick

25.09 / 06:51

UPS Citi Pool pandemic Hawaiian hospital Union workers at Hawaii's largest hotel go on strike

Around 2,000 hotel workers went on strike Tuesday at the world’s largest Hilton hotel and the biggest hotel in Hawaii

25.09 / 01:41

markets pandemic Myanmar Trade RAI country Relationships When I said 75% dispute sorted out, it's only of disengagement: EAM Jaishankar on India-China border standoff

Jaishankar, said that when he said that 75 per cent of the border dispute between the two countries have been sorted, he is only talking about the 'disengagement' part, while adding that challenge persists in other aspects. While addressing the Asia Society at the Asia Society Policy Institute on Tuesday (local time), the Foreign Minister highlighted how China violated the previous agreements during Covid pandemic, by increasing the troop deployment at the border, eventually resulting in clashes resulting in casualties on both sides. This incident, according to Jaishankar, has overshadowed the bilateral relationship.

24.09 / 22:33

markets UPS Research pandemic stage reports American consumers are feeling less confident as concerns about jobs take center stage

American consumers are feeling less confident this month and concerns about jobs rose significantly

24.09 / 14:49

COST Merit pandemic show social reports Rising housing prices aren't the only thing pushing first-time homebuyers away

Housing affordability challenges have been dominating Canada’s political discourse and media channels, but it turns out that it’s not all due to soaring home prices and rents, according to a more nuanced picture painted by Statistics Canada.

24.09 / 14:41

markets UPS Target pandemic trends reports Home reno spending was up $300B over pandemic, Re/Max Canada says

A new report says a boost in spending on home renovations during the pandemic has helped contribute to higher prices for single-family homes despite downward market pressure.

24.09 / 13:31

markets Target economy Remark Food pandemic 2020 Fed Governor Bowman explains dissent on rate vote, says she's worried about inflation

Federal Reserve Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last week's half percentage point interest rate cut as she worries that inflation could reignite.

24.09 / 10:55

markets UPS economy pandemic reports China cuts rates, rolls out other moves to help the slowing economy

China has rolled out a raft of measures aimed at countering a prolonged downturn in its property market that is dragging on the world's second largest economy

23.09 / 14:19

markets UPS Target pandemic President Equality Interviews Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead

Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate cuts after last week's half percentage point reduction.

23.09 / 07:23

COST Provident Target economy pandemic President show The Fed sees its inflation fight as a success. Will the public eventually agree?

With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it’s all but conquered inflation after three long years

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