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World 07 Oct 2020 | 3:03 AM

Gold down after Fed chairman remarks

CHICAGO, Oct. 6 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday as the market reacted to Federal Reserve Chairman Jerome Powell's remarks.

World 07 Oct 2020 | 1:08 AM

2nd LD Writethru: U.S. Fed chief warns of recessionary dynamics amid slower, incomplete recovery

WASHINGTON, Oct. 6 (Xinhua) -- U.S. economic recovery remains far from complete and a prolonged slowing in the pace of improvement over time could trigger typical recessionary dynamics, U.S. Federal Reserve Chairman Jerome Powell said Tuesday.

World 07 Oct 2020 | 12:14 AM

1st LD: U.S. Fed chief warns of recessionary dynamics amid slower, incomplete recovery

WASHINGTON, Oct. 6 (Xinhua) -- U.S. economic recovery remains far from complete and a prolonged slowing in the pace of improvement over time could trigger typical recessionary dynamics, U.S. Federal Reserve Chairman Jerome Powell said Tuesday.

World 06 Oct 2020 | 3:18 AM

Nvidia announces partnership with Britain's GSK for drug, vaccine discovery

SAN FRANCISCO, Oct. 5 (Xinhua) -- U.S. computer giant Nvidia Corporation on Monday announced a partnership with global healthcare company GSK and its AI group, which is applying computation to drug and vaccine discovery process.

World 03 Oct 2020 | 6:28 AM

Spotlight: U.S. labor market recovery slows in September, with more layoffs turning permanent

WASHINGTON, Oct. 2 (Xinhua) -- September saw the smallest hiring gains since the pandemic-ravaged labor market started to recover in May. With more layoffs turning permanent, the U.S. economy faces a long, bumpy road to full recovery.