As Thailand hit by its worst COVID outbreak, economic risks rise | Business and Economy News

Thailand risks fueling its decade-high unemployment rate and household debt with the imposition of lockdown-like measures to contain the deadliest Covid outbreak to hit the nation. The greater Bangkok area,…

Treasury Secretary Janet Yellen warns of ‘absolutely catastrophic’ hit to economic recovery this summer if US can’t pay its bills on time

Win McNamee/Getty Images On Wednesday Secretary Yellen asked Congress to extend a July deadline to pay back some of the federal debt. Without an extension, she warned of a “catastrophic”…

‘Gains will be harder to come by’ for US economy hit by Delta variant: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, August 20, 2021…