Bloomberg New Zealand’s world-beating run of being Covid-free has come to an end, with the detection of new cases prompting the government to put largest city Auckland into lockdown. Authorities have detected four cases of coronavirus in one Auckland household from an unknown source, and contact tracing is now underway to prevent further spread, Prime Minister Jacinda Ardern said late ...

Bloomberg Britain’s mounting labour market crisis was underscored by a 220,000 slump in employment during the height of the coronavirus lockdown, the worst decline since the global financial crisis. The fall in the second quarter coincided with a period that saw the most strict restrictions to contain the spread of the disease. The Office for National Statistics said early indicators ...

Bloomberg President Donald Trump’s decision to extend a student-loan freeze will take away a financial risk for tens of millions of US households, who now won’t have to resume paying back about $1.2 trillion of debt until at least 2021. The measure, one of four executive actions Trump took on August 8, keeps both repayments and the accumulation of interest ...