Americans are racing to create new businesses during the pandemic - News Summed Up

Americans are racing to create new businesses during the pandemic


You can sign up right hereLondon (CNN Business) At a moment of intense uncertainty, Americans are rushing to form new businesses — one positive sign for the economic recovery . "One of the mistakes we made in the last crisis is we didn't create the conditions for people to move toward the formation of businesses," Brusuelas said. The big question is whether the rise in new businesses can help create jobs as the labor market recovery stalls. All told, China's economy is expected to be worth about $14.6 trillion by the end of 2020, roughly equivalent to 17.5% of global GDP. But China's ability to avoid a prolonged downturn means its importance to the world economy is growing at faster clip.


Source: CNN October 12, 2020 12:11 UTC



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