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Coronavirus’ lost generation

If the coronavirus pandemic has had devastating health effects among older, more vulnerable populations across the world, it has also caused another, more subtle...

Eurozone economy shrinks by record 12.1 percent in second quarter

Italy reported a contraction of 12.4 percent, while the German economy shrank by 10.1 percent. The sharp contraction between April and June followed a first-quarter...

With Jobless Aid Set to Lapse, Senate Fails to Agree on Extension

Mr. Meadows said President Trump would support a flat, one-week extension of the $600 benefit in order to buy lawmakers time to negotiate a...

A Collapse That Wiped Out 5 Years of Growth, With No Bounce in Sight

The coronavirus pandemic’s toll on the nation’s economy became emphatically clearer Thursday as the government detailed the most devastating three-month collapse on record, which...

How Pimco’s Cayman-Based Hedge Fund Can Profit From the Fed’s Rescue

WASHINGTON — Pacific Investment Management Company runs a hedge fund registered in the Cayman Islands, a common structure for avoiding certain U.S. taxes. But...

As Trump Undercuts Aid Talks, White House Says Extra Jobless Benefits Will Lapse

WASHINGTON — The prospects for a quick agreement between the Trump administration and congressional Democrats on a new round of aid for the ailing...

Trump’s dream of a V-shape rebound slowly slips away

Pending home sales rebounded strongly in May and June amid declining mortgage rates. Existing home sales also rose sharply in June. Soaring jobless claims...

Federal Reserve Leaves Rates Near Zero as Economic Pain Persists

WASHINGTON — The Federal Reserve left interest rates near zero on Wednesday and pledged to keep supporting the United States economy as the pandemic...

As the Pandemic Forced Layoffs, C.E.O.s Gave Up Little

When the pandemic prompted companies to furlough or lay off thousands of employees, some chief executives decided to show solidarity by forgoing some of...

There’s a Wrinkle in Stores’ Mask Policies: Enforcement

Christopher Vanderpool works shifts as a “health ambassador” at a Walmart in Fayetteville, N.C., For $11 an hour, he stands in the parking lot...

Why You’ll See Two Figures for G.D.P. Decline: Very Big, and Huge

When the Commerce Department releases its preliminary estimate for second-quarter economic output on Thursday morning, the numbers will be historically terrible.They will also be...

Fed Extends Emergency Programs on Eve of July Policy Announcement

WASHINGTON — The Federal Reserve extended its emergency lending programs on Tuesday through the end of 2020, a three-month addition that, while not surprising,...

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Kangana Ranaut pens note for brother on Raksha Bandhan: ‘Have chosen enemies beyond your reach, notice your helplessness when they bully me’

Kangana Ranaut’s team has shared a glimpse of her Raksha Bandhan celebrations on Instagram. The Manikarnika actor tied the rakhi to her brother Aksht...

Lifer who tested positive for Covid-19 flees from custody in West Bengal

A man (53), sentenced for life and released on parole, fled while being taken to a hospital from a remote place in Darjeeling...

Bandhan Financial Holdings cuts stake in Bandhan Bank, raises ₹10,600 crore

Bandhan Bank Ltd’s main shareholder sold ₹10,600 crore ($1.4 billion) of its stake in India’s most profitable bank to meet the regulator’s ownership rules....

Father charged with murder over death of six-month-old baby Beau

Detective Acting Inspector Mick Searle said investigators would allege Beau suffered a traumatic brain injury and other internal injuries.A crucial part of the "detailed,...