Business > Economy

The Latest: Public sector jobs not immune from pandemic ills

6 hours ago   |   My Sanantonio

Federal, state and local governments in the United States have shed over 1.5 million jobs since March as they begin to deal with the financial fallout from the coronavirus...
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Government job losses are piling up, and it could get worse

7 hours ago   |   Fortune

Jobs with state and city governments are usually a source of stability in the U.S. economy, but the financial devastation wrought by the coronavirus pandemic has forced cuts...
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Coronavirus lockdown was a ‘SHAM' - Tucker Carlson unloads on doctors for backing Black Lives Matter protests

Coronavirus lockdown was a ‘SHAM' - Tucker Carlson unloads on doctors for backing Black Lives Matter protests

8 hours ago   |   RT

Not all protests are equal. Fox News' Tucker Carlson has excoriated the medical establishment for giving its blessing to Black Lives Matter protesters, having condemned the...
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A Trump Moment as Economy Starts to Pick Up

11 hours ago   |   Real Clear Politics


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Avalanche of bankruptcies threatens to PERMANENTLY wipe out more US jobs - ex-Fed insider tells Boom Bust

Avalanche of bankruptcies threatens to PERMANENTLY wipe out more US jobs - ex-Fed insider tells Boom Bust

11 hours ago   |   RT

While the US unemployment rate slightly dropped from April's high, it might be too early to pop the champagne as the rise in businesses bankruptcies still threatens to shake...
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Friday's May jobs report surprised economists. It could be a sign that the government's program to rescue small businesses is paying off

Friday's May jobs report surprised economists. It could be a sign that the government's program to rescue small businesses is paying off

14 hours ago   |   Business Insider

Friday's May jobs report beat economists' expectations, showing the US added jobs in the month and that the unemployment rate declined. The unexpected and dramatic rise in...
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Coronavirus crisis triggers private investment BOOM on Russian stock market

Coronavirus crisis triggers private investment BOOM on Russian stock market

14 hours ago   |   RT

Russians have started to pile into stocks, with the number of private investors hitting a new record. The explosive investment interest came as Covid-19 and falling oil prices...
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How is COVID-19 impacting Iran's economy?

14 hours ago   |   Al Jazeera

The pandemic has badly hit business in Iran as it continues to struggle under US sanctions.
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Is the Crisis Putting the Republican Senate in Jeopardy?

Is the Crisis Putting the Republican Senate in Jeopardy?

15 hours ago   |   Politico

It's a question as obvious as it is critical: How will the trio of crises-the pandemic, the economy, the demands for racial justice-affect the 2020 race for the White House...
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U.S. Economy Is Still Far From Smooth Sailing, Port Chief Says

15 hours ago   |   Bloomberg


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Virus exposes sharp economic divide: College vs. non-college

Virus exposes sharp economic divide: College vs. non-college

The damage inflicted on the job market since February has highlighted a widening line of inequality based on education. Read more ...

Poland hopes to host US troops if they are withdrawn from Germany - PM...

Poland hopes to host US troops if they are withdrawn from Germany - PM Morawiecki

Warsaw has set its hopes on hosting some of the US troops reportedly preparing to leave Germany on Donald Trump's orders, Poland's prime minister has signaled, amid reports the... Read more ...

Marine Corps officially bans Confederate battle flag on military bases...

Marine Corps officially bans Confederate battle flag on military bases - including on bumper stickers and coffee mugs

The US Marine Corps has officially banned the Confederate battle flag from both public and work spaces on its military bases - including its display on vehicle bumper stickers... Read more ...

Twitter blasts Trump for saying it's a ‘great day for George Floyd' after...

Twitter blasts Trump for saying it's a ‘great day for George Floyd' after good US jobs numbers, but his words taken out of context

Twitter erupted in a rage after reports that Donald Trump said the murdered George Floyd would be “happy” about good US jobs figures. It turned out the president wasn't talking... Read more ...

'No, Macy, I have to disagree with you': Jeff Bezos claps back at an Amazon...

'No, Macy, I have to disagree with you': Jeff Bezos claps back at an Amazon customer complaining about the Black Lives Matter site banner

Amazon CEO Jeff Bezos remained steadfast in his support for the Black Lives Matter movement after a customer emailed him expressing disapproval of the Amazon website's Black... Read more ...

'Greatest miss in forecasting history': 4 economists and strategists react...

'Greatest miss in forecasting history': 4 economists and strategists react to Friday's surprising May jobs report

The May jobs report released Friday from the Labor Department showed the US economy gained 2.5 million jobs and the unemployment rate declined to 13.3%. It was a major surprise... Read more ...

Reddit co-founder resigns from board, urges black replacement

Reddit co-founder resigns from board, urges black replacement

Alexis Ohanian, co-founder of the link-sharing site Reddit, announced his resignation from the company's board of directors Friday and called on the company to replace him with... Read more ...

Grubhub rockets 11% on reports of takeover interest from 2 European peers

Grubhub rockets 11% on reports of takeover interest from 2 European peers

Grubhub stock surged as much as 11.5% Friday afternoon on reports European peers Just Eat and Delivery Hero are interested in a takeover of the food delivery service. Grubhub... Read more ...

Washington DC paints huge 'Black Lives Matter' mural on street leading up to...

Washington DC paints huge 'Black Lives Matter' mural on street leading up to White House

A massive "Black Lives Matter" mural was painted on the street in Washington, DC, on the same road leading up to White House and the church where President Donald Trump posed... Read more ...

Marriott says Trump ordered stop to Cuba hotel business

Marriott says Trump ordered stop to Cuba hotel business

The Trump administration has ordered Marriott International to wind down hotel operations in Communist-run Cuba, a company spokeswoman told Reuters, extinguishing what had been... Read more ...