The euro zone economy is poised for up to five years of private consumption above pre-pandemic levels once Europe's households are able to spend freely again, a European Central Bank policymaker forecast on Tuesday.
New orders for U.S.-made goods fell in February, likely weighed down by unseasonably cold weather, though manufacturing remains strong as the economic recovery regains steam amid an improving public health situation.
Japanese household spending likely dropped in February from a year earlier, falling for a third straight month, a poll found on Friday, suggesting emergency coronavirus measures kept a lid on consumer expenditure.
A push to attract young and diverse talent and global consumers is behind some of corporate America’s willingness to speak out on politically charged issues, executives and corporate governance experts said.
The Council of Fashion Designers of America and the charitable foundation run by crystal maker Swarovski have partnered up to launch a $30,000 annual scholarship for fashion students innovating with sustainable systems.
President Joe Biden on Wednesday called for a sweeping use of government power to reshape the U.S. economy and counter China's rise in a $2 trillion-plus proposal that has been met with swift political resistance.
Japanese retail sales fell for the third straight month in February as households kept a lid on expenditure amid the coronavirus emergency, underscoring its fragile economic recovery from last year's slump.