Philadelphia Federal Reserve President Patrick Harker says the mass spikes in coronavirus cases across the U.S. will likely dampen the economy as well, Reuters reported. Harker said the impact could be twofold in its damage. “There’s both the direct economic impact of businesses having to...
One of the first Federal Reserve reports to measure the U.S. economy since the coronavirus pandemic began is pointing to a grim future. The Philadelphia Federal Reserve’s March Nonmanufacturing Business Outlook Survey showed steep declines Tuesday (March 24) in most data points, with three of...
Honda Motor Co. had to stop production at a domestic vehicle plant in Japan for a day after finding the WannaCry ransomware in its computer network. According to Reuters, the automaker shut production on Monday (June 19) at its Sayama plant, northwest of Tokyo, which...
July 15, 2020
Philadelphia Federal Reserve President Patrick Harker says the mass spikes in coronavirus cases across the U.S. will likely dampen the economy as well, Reuters reported. Harker said the impact could be twofold in its damage. “There’s both the direct economic impact of businesses having to close down,” Harker said during a webinar organized by the […]
March 24, 2020
One of the first Federal Reserve reports to measure the U.S. economy since the coronavirus pandemic began is pointing to a grim future. The Philadelphia Federal Reserve’s March Nonmanufacturing Business...
June 22, 2017
Honda Motor Co. had to stop production at a domestic vehicle plant in Japan for a day after finding the WannaCry ransomware in its computer network. According to Reuters, the...