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Labor secretary on coronavirus recovery: US has opportunity to return ‘millions’ of jobs in next few weeks Labor Secretary Eugene Scalia on jobless claims numbers, extending the Payroll Protection Program and reopening the US amid coronavirus. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below The House voted Thursday to […]
Read moreTaiwan’s economy is forecast to grow at the slowest pace in five years in 2020 as coronavirus, or Covid-19, pandemic has weighed on consumption, the Directorate General of Budget, Accounting & Statistics, or DGBAS, said on Thursday. Gross domestic product is forecast to grow 1.67 percent this year, much slower than the 2.71 percent growth logged in 2019. The 2020 […]
Read moreAmazon plans to offer permanent jobs to about 70 percent of the US workforce it has hired temporarily to meet consumer demand during the coronavirus pandemic, the company told Reuters on Thursday. The world’s largest online retailer will begin telling 125,000 warehouse employees in June that they can keep their roles longer-term. The remaining 50,000 workers it has brought on […]
Read moreVarney: US economy is on ‘road to recovery’ FOX Business’ Stuart Varney on America’s economic recovery. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below FOX Business’ Stuart Varney, in his latest “My Take,” argues America is seeing economic recovery and it won’t go into reverse. “There's no stopping it now: […]
Read moreFirst of the coronavirus PPP loans have been made forgivable The first of the Payroll Protection Program loans are now being made forgivable. FOX Business’ Edward Lawrence with more. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Sixty-three percent of business owners say the worst of the coronavirus pandemic […]
Read moreSpaceX is set to launch astronauts into space for the first time Wednesday in a historic mission for both NASA and Elon Musk’s rocket company. The planned flight from Florida’s Kennedy Space Center to the International Space Station will mark the first time that a commercial spacecraft has carried humans into orbit. It will also be the first human launch […]
Read moreTouring the real-life Hogwarts Castle might come with a coronavirus curse. Universal Orlando has warned guests that they might contract the deadly COVID-19 bug if they visit the sprawling resort when it reopens next week. “Note that any public location where people are present provides an inherent risk of exposure to COVID-19 and we cannot guarantee that you will not […]
Read more‘Loss in income and jobs and cautiousness among consumers will delay recovery in consumer demand even after the pandemic’ The Indian economy is likely to slip into recession in the third quarter of this fiscal as loss in income and jobs and cautiousness among consumers will delay recovery in consumer demand even after the pandemic, says a report. According to […]
Read moreOver the last few weeks Guardian Money has highlighted many excuses made by the travel industry, particularly airlines, when refusing refunds for Covid-19-related cancellations. One reader even wrote in about a battle for a refund from a hotel on a Scottish island to which non-residents cannot now take ferries. There will doubtless be many cases taken on the consequences of […]
Read moreWith economic lockdowns temporarily disrupting home sales, the National Association of Realtors released a report on Thursday showing another steep drop in U.S. existing home sales in the month of April. NAR said existing home sales plunged by 17.8 percent to an annual rate of 4.33 million in April after tumbling by 8.5 percent to 5.27 million in March. Economists […]
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