FILE PHOTO: New homes line a street in the

China revises up GDP growth for 2014-2018, on track to double economy

BEIJING (Reuters) – China has revised up its economic growth by 0.1 percentage points each year between 2014 and 2018, the National Bureau of Statistics said, making it easier for Beijing to fulfill its goal of doubling the size of the economy by 2020 from 2010. Annual gross domestic product (GDP) growth for 2014-2018 has […]

Unemployment Claims Drop, but Holiday Week May Be a Factor

New claims for unemployment benefits dropped for the first time in three weeks, the government reported Thursday, but the economy remains under pressure as Covid-19 cases surge and fresh restrictions on businesses loom in some states. The Thanksgiving holiday is likely to have delayed the filing of claims, and economists warn there will be more […]

PM ‘seriously concerned’ about India strain as ‘freedom day’ faces delay

The Daily Star’s FREE newsletter is spectacular! Sign up today for the best stories straight to your inbox Boris Johnson has admitted he is "seriously concerned" about the Indian strain of coronavirus – as the Government reportedly prepares to delay the end of lockdown. The Prime Minister made the comments as he was quizzed during […]