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The index of small business optimism in the US in August reached a maximum of 108.8 points since the end of 1973, having increased from last month by 0.9 points, according to the National Federation of Independent Business. The growth of the indicator was facilitated by the easing of regulation and tax benefits. In August, the rise was recorded in 6 out of 10 constituents of the index. Unfilled vacancies and job creation plans showed record indicators. At the same time, capital investment plans have reached their maximum since 2007. Nevertheless, “the quality of the workforce”is still the problem for businessmen, as it was reported by 25% of the survey participants.
On Thursday, the United States’ Gross Domestic Product (GDP) suffered the biggest economic decline in the second quarter as the surge of coronavirus cases affected the whole country. The U.S. government decided to shut down restaurants, ...
Intel Corp. (INTC.O) announced on Monday that Chief Engineering Officer Murthy Renduchintala would leave the company on August 3. The semiconductor manufacturing company said that it would reorganize its technology, systems architecture, and ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
The second quarter had seen South Korea slipping into recession. This came to be the country’s sharpest economic downturn in more than two decades as the novel coronavirus crisis weighed on exports and social distancing measures halted ...
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