December

The Reserve Bank of India could launch its first digital currency testing programs by December, Central Bank Governor Shaktikanta Das told CNBC.Central banks, including those in China, Europe and the UK examine digital currencies that would…

A man enters a building that houses rental apartments in New York City on August 19, 2020.Eduardo MunozAlvarez | VIEW press | Corbis News | Getty ImagesApartment rents in Manhattan almost doubled in December, potentially reversing the…

The hospitality industry spent most of 2020 recovering from the coronavirus pandemic, but poor sales worsened in the final month of the year.According to the NPD Group, US restaurant chain transactions declined 10% in December compared to…

It seemed reasonable that the employment numbers for the final months of 2020 would be as bad as the year as a whole.It is fair to say that the loss of 140,000 jobs in December signals a relapse in the economic recovery in the summer and…

The US economy ended seven months in job growth and posted its first net wage loss since April last month, when restaurants laid off crowds of workers with the arrival of the winter months.The Labor Department reported Friday that the…

Federal Reserve officials cautiously watched a surge in coronavirus cases at their December 15-16 meeting, but hoped the vaccine breakthroughs could set the stage for a strong economic recovery in 2021."In view of the worsening pandemic…

Sammie Michael Dent Jr., the grandson of Florence Bolton, a coronavirus disease (COVID-19) patient who died November 2 at Roseland Community Hospital, carries her coffin to Zion Evangelical Lutheran Church on the south side of Chicago,…