There are two main reasons why this crisis has been so hard for young people.
An already bleak outlook for young people has been made worse by the coronavirus-induced economic crisis damaging their employment prospects. CNBC's Silvia Amaro looks at what makes teens and adults in their twenties so vulnerable in this downturn.
Kristalina Georgieva, the managing director of the International Monetary Fund, told CNBC Thursday that she has "no doubt" the U.S. will implement a new economic stimulus package.
Equity markets could tank in the coming months if the coronavirus crisis persists and the economic recovery takes longer than expected to materialize, the International Monetary Fund has warned.
The global economy is now projected to contract by 4.4% this year — an upward revision from an estimate made in June.
The International Monetary Fund has called for more support from global governments to reduce the gender gap that has worsened by the coronavirus crisis.
IMF managing director Kristalina Georgieva joins 'Closing Bell' to talk about the need for more fiscal stimulus to close the gap between markets and the economy.
The global economy has ended up performing better than the IMF's expectations in the second and third quarters. This is expected to lead to "a small upward revision" to its growth forecasts next week.
The IMF believes governments should step up public investments to support the economic recovery after the massive shock from the coronavirus pandemic.
Outgoing Prime Minister Shinzo Abe's signature economic strategy "Abenomics" made Japan's economy stronger, but left many policy goals unmet.
Poverty levels are rising for the first time since 1998 due to the coronavirus pandemic, which has exacerbated income inequality. CNBC's Silvia Amaro looks at what steps governments can take to promote economic equality.
The five largest Chinese banks posted at least 10% year-on-year fall in profits during the first half of 2020 as they set aside more funds for potential loan losses.
Global CFOs have a more positive outlook for China's economy than they do for the economy of the United States, the Q3 CNBC Global CFO Council Survey revealed on Friday.
Youth activist Melati Wijsen found her voice among politicians and world leaders — and she's helping others do the same.
The three largest Singapore banks warned that the global environment remains uncertain even though some business activity has picked up as economies reopen from coronavirus lockdown measures.
As the situation deteriorates for low skilled and self-employed workers, international organizations expect income inequality to get worse in 2020 due to the coronavirus' crisis.
United Nations Under-Secretary-General and Executive Director of UN Women, Phumzile Mlambo Ngcuka, tells CNBC's Tania Bryer how the organization and the WHO are leading the call to end gender-based violence.
Rising bad loans are set to squeeze Chinese banks' margins and profits in the coming quarters, said analysts.
It now expects MENA economies to contract 5.7% in 2020. In April, it predicted that the region would shrink 3.3% for the year.
Fitch Ratings has downgraded a record 33 sovereign ratings in the first half of this year — more than in any given year in the past.