China’s economy shrugs off the Covid-19 global slump as shoppers join the recovery

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The number of claims filed was unchanged via the prior week. CNN’s Paul R. La Monica reports.”,”descriptionText”:”Another 884,000 Americans filed for first-time jobless aid on a seasonally adjusted basis last week. The number of claims filed was unchanged via the prior week. CNN’s Paul R. La Monica reports.”},{“title”:”Inside the US shale crisis”,”duration”:”02:48″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/09/10/us-shale-crisis-oil.cnnbusiness/index.xml”,”videoId”:”business/2020/09/10/us-shale-crisis-oil.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200910095752-texas-oil-large-169.jpg”,”videoUrl”:”/videos/business/2020/09/10/us-shale-crisis-oil.cnnbusiness/video/playlists/business-economy/”,”description”:”The US shale boom has come to an abrupt halt as Covid-19 undermined prices as well as also forced hundreds of big as well as also smaller companies into bankruptcy. 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CNN’s Christine Romans reports. “,”descriptionText”:”The economy can be still down 11.5 million jobs since Covid-19 hit. The unemployment rate fell to 8.4%. CNN’s Christine Romans reports. “},{“title”:”Pandemic exposes harsh reality for smaller business owners”,”duration”:”03:13″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2020/09/01/economy-six-months-into-covid-business-owners-yurkevich-ebof-pkg-vpx.cnn/index.xml”,”videoId”:”business/2020/09/01/economy-six-months-into-covid-business-owners-yurkevich-ebof-pkg-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200901192548-harlem-business-owner-large-169.jpg”,”videoUrl”:”/videos/business/2020/09/01/economy-six-months-into-covid-business-owners-yurkevich-ebof-pkg-vpx.cnn/video/playlists/business-economy/”,”description”:”As the stock market as well as also some companies thrive, many smaller business owners continue to struggle six months into the coronavirus pandemic. CNN’s Vanessa Yurkevich reports.”,”descriptionText”:”As the stock market as well as also some companies thrive, many smaller business owners continue to struggle six months into the coronavirus pandemic. CNN’s Vanessa Yurkevich reports.”},{“title”:”Millions of Americans are out of work. Why can be the stock market soaring?”,”duration”:”03:06″,”sourceName”:”CNN”,”sourceLink”:”cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2020/08/31/ws-unemployment-js-orig.cnn/index.xml”,”videoId”:”business/2020/08/31/ws-unemployment-js-orig.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200828142909-20200828-tech-logos-wall-street-thumbnail-large-169.jpg”,”videoUrl”:”/videos/business/2020/08/31/ws-unemployment-js-orig.cnn/video/playlists/business-economy/”,”description”:”CNN’s Jon Sarlin explains why just looking at the stock market at a time of mass unemployment isn’t not bad enough. “,”descriptionText”:”CNN’s Jon Sarlin explains why just looking at the stock market at a time of mass unemployment isn’t not bad enough. “},{“title”:”Women bearing brunt of pandemic’s economic cost”,”duration”:”02:43″,”sourceName”:”CNN”,”sourceLink”:”www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2020/09/01/women-economic-pain-coronavirus-covid-19-pandemic-soares-pkg-intl-ldn-vpx.cnn/index.xml”,”videoId”:”business/2020/09/01/women-economic-pain-coronavirus-covid-19-pandemic-soares-pkg-intl-ldn-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200901145400-women-economic-pain-pandemic-soares-pkg-2-large-169.jpg”,”videoUrl”:”/videos/business/2020/09/01/women-economic-pain-coronavirus-covid-19-pandemic-soares-pkg-intl-ldn-vpx.cnn/video/playlists/business-economy/”,”description”:”Coronavirus may be deadlier in men yet the economic fallout can be hitting women harder. One of the reasons due to This specific can be in which the crisis has impacted sectors where women’s employment can be concentrated, like healthcare as well as also hospitality. Isa Soares reports. “,”descriptionText”:”Coronavirus may be deadlier in men yet the economic fallout can be hitting women harder. One of the reasons due to This specific can be in which the crisis has impacted sectors where women’s employment can be concentrated, like healthcare as well as also hospitality. Isa Soares reports. “},{“title”:”Powell explains the Fed’s mission to boost inflation”,”duration”:”01:11″,”sourceName”:”CNN Business”,”sourceLink”:”http://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2020/08/27/jerome-powell-boost-inflation-as well as also-keep-interest-rates-low.cnn-business/index.xml”,”videoId”:”business/2020/08/27/jerome-powell-boost-inflation-as well as also-keep-interest-rates-low.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200827104735-jerome-powell-boost-inflation-speech-screengrab-08272020-large-169.jpg”,”videoUrl”:”/videos/business/2020/08/27/jerome-powell-boost-inflation-as well as also-keep-interest-rates-low.cnn-business/video/playlists/business-economy/”,”description”:”The Federal Reserve indicated the item won’t rush to lift interest rates, even if inflation starts to pick up.”,”descriptionText”:”The Federal Reserve indicated the item won’t rush to lift interest rates, even if inflation starts to pick up.”},{“title”:”UK crashes into deepest recession of any major economy”,”duration”:”02:14″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2020/08/12/uk-recession-economy-shrinks-soares-firstmove-vpx.cnn/index.xml”,”videoId”:”business/2020/08/12/uk-recession-economy-shrinks-soares-firstmove-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200812030450-vacant-business-london-0722-large-169.jpg”,”videoUrl”:”/videos/business/2020/08/12/uk-recession-economy-shrinks-soares-firstmove-vpx.cnn/video/playlists/business-economy/”,”description”:”u003ca href=”https://www.cnn.com/2020/08/12/economy/uk-economy-gdp/index.html” target=”_blank”>UK economic output shrank by 20.4%u003c/a> inside the second quarter of 2020, the worst quarterly slump on record, pushing the country into the deepest recession of any major global economy.”,”descriptionText”:”u003ca href=”https://www.cnn.com/2020/08/12/economy/uk-economy-gdp/index.html” target=”_blank”>UK economic output shrank by 20.4%u003c/a> inside the second quarter of 2020, the worst quarterly slump on record, pushing the country into the deepest recession of any major global economy.”},{“title”:”Jamie Dimon: US needs more government stimulus”,”duration”:”04:01″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/08/10/jamie-dimon-jpmorgan-chase-ceo-covid-recovery-orig.cnnbusiness/index.xml”,”videoId”:”business/2020/08/10/jamie-dimon-jpmorgan-chase-ceo-covid-recovery-orig.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200810151209-jamie-dimon-cnn-business-interview-christine-romans-large-169.jpg”,”videoUrl”:”/videos/business/2020/08/10/jamie-dimon-jpmorgan-chase-ceo-covid-recovery-orig.cnnbusiness/video/playlists/business-economy/”,”description”:”In an interview around the launch of the brand new York Jobs CEO Council, JPMorgan Chase CEO Jamie Dimon tells CNN Business’ Christine Romans how he expects the US economic recovery to look. “,”descriptionText”:”In an interview around the launch of the brand new York Jobs CEO Council, JPMorgan Chase CEO Jamie Dimon tells CNN Business’ Christine Romans how he expects the US economic recovery to look. “},{“title”:”He waited over 4 months for unemployment benefits”,”duration”:”02:51″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2020/08/14/unemployment-benefits-red-tape-yurkevich-newday-vpx.cnn/index.xml”,”videoId”:”business/2020/08/14/unemployment-benefits-red-tape-yurkevich-newday-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200814090934-vy-redtape-2-large-169.jpg”,”videoUrl”:”/videos/business/2020/08/14/unemployment-benefits-red-tape-yurkevich-newday-vpx.cnn/video/playlists/business-economy/”,”description”:”CNN’s u003ca href=”http://www.cnn.com/profiles/vanessa-yurkevich” target=”_blank”>Vanessa Yurkevichu003c/a> speaks with two people who have struggled to collect unemployment benefits as well as also hears the hardships they have endured.”,”descriptionText”:”CNN’s u003ca href=”http://www.cnn.com/profiles/vanessa-yurkevich” target=”_blank”>Vanessa Yurkevichu003c/a> speaks with two people who have struggled to collect unemployment benefits as well as also hears the hardships they have endured.”},{“title”:”She’s out of work as well as also facing eviction. She’s not alone”,”duration”:”03:45″,”sourceName”:”CNN”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/economy/2020/08/07/eviction-crisis-pandemic-renters-orig-vf.cnn/index.xml”,”videoId”:”economy/2020/08/07/eviction-crisis-pandemic-renters-orig-vf.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200807115252-eviction-crisis-pandemic-renters-orig-vf-00002113-large-169.jpg”,”videoUrl”:”/videos/economy/2020/08/07/eviction-crisis-pandemic-renters-orig-vf.cnn/video/playlists/business-economy/”,”description”:”Up to 40 million renters are at risk of losing their home by the end of 2020. the item’s a crisis in which’s disproportionately affecting Black as well as also Latinx renters, as well as also mothers. “,”descriptionText”:”Up to 40 million renters are at risk of losing their home by the end of 2020. the item’s a crisis in which’s disproportionately affecting Black as well as also Latinx renters, as well as also mothers. “},{“title”:”Childcare challenges force some working moms to put their careers on hold”,”duration”:”02:58″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/08/07/working-moms-childcare-remote-learning-school-coronavirus-covid-19.cnnbusiness/index.xml”,”videoId”:”business/2020/08/07/working-moms-childcare-remote-learning-school-coronavirus-covid-19.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200807101129-working-mom-large-169.jpg”,”videoUrl”:”/videos/business/2020/08/07/working-moms-childcare-remote-learning-school-coronavirus-covid-19.cnnbusiness/video/playlists/business-economy/”,”description”:”Single parents, parents with young children, as well as also parents who can’t work via home are the groups most at risk of quitting their jobs due to a lack of childcare, according to research via Goldman Sachs. CNN’s Bianna Golodryga talks to two moms who’ve already made the decision to quit as a result.”,”descriptionText”:”Single parents, parents with young children, as well as also parents who can’t work via home are the groups most at risk of quitting their jobs due to a lack of childcare, according to research via Goldman Sachs. CNN’s Bianna Golodryga talks to two moms who’ve already made the decision to quit as a result.”},{“title”:”She lost her job in 2008. Lingering fear prepared her for 2020″,”duration”:”01:50″,”sourceName”:”CNN”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/07/22/laid-off-during-great-recession-life-after-orig-mss.cnn/index.xml”,”videoId”:”business/2020/07/22/laid-off-during-great-recession-life-after-orig-mss.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200722160144-life-after-financial-crisis-thumbnail-1-large-169.jpg”,”videoUrl”:”/videos/business/2020/07/22/laid-off-during-great-recession-life-after-orig-mss.cnn/video/playlists/business-economy/”,”description”:”Karen Schultz-Tarnopol was laid off inside the 2008 Great Recession. She reflects on her own financial crisis as part of CNN’s u003ca href=”https://www.cnn.com/specials/world/life-after” target=”_blank”>”Life Afteru003c/a>” series, which looks at what life can be like after a personal tragedy or change.”,”descriptionText”:”Karen Schultz-Tarnopol was laid off inside the 2008 Great Recession. She reflects on her own financial crisis as part of CNN’s u003ca href=”https://www.cnn.com/specials/world/life-after” target=”_blank”>”Life Afteru003c/a>” series, which looks at what life can be like after a personal tragedy or change.”},{“title”:”US facing ‘avalanche of evictions’ as rent freezes expire”,”duration”:”02:32″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/06/19/housing-rent-evictions-covid-19-coronavirus.cnn-business/index.xml”,”videoId”:”business/2020/06/19/housing-rent-evictions-covid-19-coronavirus.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200619102128-rent-freeze-housing-pkg-large-169.jpg”,”videoUrl”:”/videos/business/2020/06/19/housing-rent-evictions-covid-19-coronavirus.cnn-business/video/playlists/business-economy/”,”description”:”As states reopen, freezes on rent as well as also evictions are beginning to expire. yet with more than 45 million Americans without a job, the United States can be on the cusp of a housing crisis. CNN’s Vanessa Yurkevich reports.”,”descriptionText”:”As states reopen, freezes on rent as well as also evictions are beginning to expire. yet with more than 45 million Americans without a job, the United States can be on the cusp of a housing crisis. CNN’s Vanessa Yurkevich reports.”}],’js-video_headline-featured-pmov0e’,”,”js-video_source-featured-pmov0e”,true,true,’business-economy’);if (typeof configObj.context !== ‘string’ || configObj.context.length

Source : China’s economy shrugs off the Covid-19 global slump as shoppers join the recovery