Recession

Nonprofit organization offers free home recess program online

4 hours ago   |   ABC

Nonprofit organization, CF Fitness is offering free home recess programs online to students during quarantine.
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EU recovery is ‘no battle between frugal and free-spending' states, says Spain

4 hours ago   |   National Post

MADRID - European Union leaders must reach a deal fast on a recovery fund to avoid a long and painful recession for a region shattered by the coronavirus pandemic, Spain's...
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White House won't issue economic projections this summer

6 hours ago   |   My Sanantonio

WASHINGTON - The White House will not release its official midyear economic update this summer, declining to put its stamp on data documenting the plunge into recession during...
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40 Million People Are Unemployed. Skills Training Won't Bring Back Their Jobs

7 hours ago   |   Forbes

With skyrocketing unemployment, a growing chorus of policymakers, pundits, and advocates are using the words “reskill,” “upskill,” “retrain,” and more to push short-term job...
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Bankruptcies have hit the fastest pace since the Great Recession - and more companies are expected to file

Bankruptcies have hit the fastest pace since the Great Recession - and more companies are expected to file

9 hours ago   |   Business Insider   |   2 articles

In May, 27 companies with at least $50 million in liabilities filed for court protection from their creditors, Bloomberg reported Thursday . It's the fastest pace of filings...
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Credit-card fraud surges 35% as coronavirus freezes the economy and wipes out jobs

Credit-card fraud surges 35% as coronavirus freezes the economy and wipes out jobs

9 hours ago   |   Business Insider

The dollar volume of fraudulent credit and debit card charges soared 35% year-over-year in April, The Wall Street Journal reported Wednesday, citing data from Fidelity National...
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41 Million People Have Applied for U.S. Jobless Aid Since Pandemic Started, But Layoffs Slow

9 hours ago   |   Time   |   4 articles

Roughly 2.1 million people applied for U.S. unemployment benefits last week, a sign that companies are still slashing jobs in the face of a deep recession even as more...
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Bankruptcies have hit the fastest pace since the Great Recession - and more companies are expected to file

Bankruptcies have hit the fastest pace since the Great Recession - and more companies are expected to file

9 hours ago   |   Business Insider   |   2 articles

In May, 27 companies with at least $50 million in liabilities filed for court protection from their creditors, Bloomberg reported Thursday . It's the fastest pace of filings...
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Should We Fear Post-Pandemic Inflation?

12 hours ago   |   NY Times

It's not the biggest thing to be worrying about right now, and in fact it could wind up being a sign of success.
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The pandemic won't derail the green energy transition

12 hours ago   |   Fortune

Environmental campaigners have frequently warned that a race to return to “business as usual”-with companies and countries scrambling to escape the recession wrought by...
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Trump signs executive order threatening social media companies after Twitter...

Trump signs executive order threatening social media companies after Twitter fact-checked his tweets

President Donald Trump signed an executive order Thursday seeking to crack down on social media companies over allegations of bias against conservatives. The move comes two... Read more ...

Man says he broke into a bank to heat up Hot Pockets in a break room microwave

Man says he broke into a bank to heat up Hot Pockets in a break room microwave

A man broke into a Wells Fargo Bank in San Diego early Wednesday, but he says it's not for the reason most might expect. Read more ...

Dr. Fauci: Second wave of COVID-19 can be avoided

Dr. Fauci: Second wave of COVID-19 can be avoided

Dr. Anthony Fauci says a second wave of the novel coronavirus can be avoided if the United States can improve testing and contact tracing. Read more ...

Over 40 million Americans have filed for unemployment during the...

Over 40 million Americans have filed for unemployment during the pandemic-real jobless rate over 23.9%

Subscribe to How To Reopen , our weekly newsletter on what it takes to reboot business in the midst of a pandemic . More than 2.1 million Americans filed initial unemployment... Read more ...

Boston Marathon canceled for 1st time in 124-year history

Boston Marathon canceled for 1st time in 124-year history

BOSTON - The Boston Marathon has been canceled for the first time in its 124-year history. Read more ...

South Carolina mom, boyfriend charged after remains of special needs...

South Carolina mom, boyfriend charged after remains of special needs daughter found in dresser

Authorities say a South Carolina woman and her boyfriend have been arrested and accused of killing the woman's disabled daughter and hiding her body inside a dresser drawer. Read more ...

President Trump preparing executive order targeting social media protections

President Trump preparing executive order targeting social media protections

The order comes days after the president lashed out at Twitter for applying fact checks to two of his tweets. Read more ...

Trump Readies Executive Order Targeting Protections For Social Media Companies

Trump Readies Executive Order Targeting Protections For Social Media Companies

The president had threatened social media companies with new regulation or even shuttering, but he alone can't do that. Read more ...

Minneapolis mayor begs protesters to keep peace in ‘honor' of George Floyd

Minneapolis mayor begs protesters to keep peace in ‘honor' of George Floyd

Minneapolis Mayor Jacob Frey called for peace Thursday as violent protests over the death of George Floyd shook the city - saying it's what the late 46-year-old father would... Read more ...

Violence again rocks Minneapolis after man's death; 1 killed

Violence again rocks Minneapolis after man's death; 1 killed

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