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Box Office: ‘Downhill' Flops, But ‘Parasite' Gets A Huge Oscar Boost

1 month ago   |   By Forbes

'Parasite' got the biggest post-Best Picture bump since 'Gladiator' returned to theaters in 2001.
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A Dismal Record: Nearly 10 Million Filed For Unemployment In Last 2 Weeks

A Dismal Record: Nearly 10 Million Filed For Unemployment In Last 2 Weeks

The staggering number of people claiming jobless benefits set a new record for the second week in a row. Much of the country has been ordered to stay at home, bringing the... Read more ...

US jobless claims hit 6.6 million as coronavirus layoffs continue

US jobless claims hit 6.6 million as coronavirus layoffs continue

More than 6.6 million Americans applied for unemployment benefits last week as the coronavirus continued to gut the US labor market, the feds said Thursday. The seasonally... Read more ...

Spain recorded 950 coronavirus deaths in a day, the highest single-day toll...

Spain recorded 950 coronavirus deaths in a day, the highest single-day toll of any country

On Thursday, Spanish officials announced that a further 950 people had died of the coronavirus. That's the largest daily increase of any country, including Italy, which has do... Read more ...

Oil prices surge after Trump says he expects Saudi Arabia and Russia to end...

Oil prices surge after Trump says he expects Saudi Arabia and Russia to end their price war and reach a deal

Oil prices surged by about 10% on Thursday after U.S. President Donald Trump said he called on Saudi Arabia and Russia to reach a deal to end their price war and mitigate a... Read more ...

FDA Says Zantac Should Be Pulled From Market, Citing Cancer Risk

FDA Says Zantac Should Be Pulled From Market, Citing Cancer Risk

Major pharmacies had already pulled the popular heartburn drug and its generic equivalents due to a contaminant. Now the Food and Drug Administration says definitively they... Read more ...

Wall Street stocks drop on disastrous US unemployment data

Wall Street stocks drop on disastrous US unemployment data

US stocks fell on Thursday after a government report that the number of Americans filing for unemployment insurance has skyrocketed to more than 6.6 million new claims. The Dow... Read more ...

'The deepest recession on record': Bank of America slashes forecasts, now...

'The deepest recession on record': Bank of America slashes forecasts, now sees up to 20 million jobs lost, 15.6% unemployment, and a shrinking economy for 3 straight quarters

Bank of America now expects that US gross domestic product will contract for three quarters, with a cumulative decline of 10.4%, according to a Thursday note. The bank also... Read more ...

'Another cataclysmic week': Stocks climb as signs of relief in oil markets...

'Another cataclysmic week': Stocks climb as signs of relief in oil markets outweigh fears of record US jobless claims

Stocks rose and crude prices soared on Thursday as good news in oil markets offset concerns about the number of US weekly jobless claims last week, which will be revealed later... Read more ...

Court overturns conviction in killing of Wall Street Journal reporter Daniel...

Court overturns conviction in killing of Wall Street Journal reporter Daniel Pearl

A court in Pakistan on Thursday overturned the death sentence and murder conviction of a British-born militant for the 2002 slaying of journalist Daniel Pearl. A lawyer for the... Read more ...

Health officials have reportedly increased security for White House...

Health officials have reportedly increased security for White House coronavirus expert Dr. Fauci after he faces threats

US health officials have reportedly increased Dr. Anthony Fauci's security as he has faced threats to his personal safety. Sources told The Washington Post that the... Read more ...