There’s historically high unemployment, low consumer confidence, and then there’s the soaring stock market. Plus, the downside of low interest rates. And, more airlines cancel the fees for changing domestic flight tickets.
How many employers will participate? Plus, United Airlines is canceling fees on most domestic flight changes. And, France’s plan to get its citizens traveling again.
You probably tend to think of ride-hailing services or food delivery when you think of the gig economy. Others see things differently. New export rules from the Chinese government and what that means for TikTok. Is Zoom’s success sustainable?
China’s foreign ministry says Beijing must sign off on any deal that involves the sale of TikTok’s U.S. arm. The first commercial flight from Israel to the UAE is taking place today. How the coronavirus is impacting India’s Silicon Valley.
The Fed will tolerate slightly higher levels of inflation. Plus, a failed cybersecurity attack on a Tesla factory. Also, the pandemic has complicated emergency response efforts for those evacuating to escape Hurricane Laura. And, pro athletes agitate for social change.
At both conventions, the economy figured prominently. But what’s the reality of where it’s at and where it’s headed? Plus, blackouts in California point to another reality: The entire U.S. has an old electric grid in need of upgrades.
Japan’s Prime Minister Shinzo Abe has announced his resignation, citing health reasons which he said could get in the way of decision-making. And, some unconventional ways to take the stress off during the pandemic.
Weekly initial jobless claims have been below 1 million just once in the past five months. Plus, how many people are also losing health insurance when they lose their jobs? And, the latest on Hurricane Laura.
People without jobs are losing their incomes and likely their health insurance, too. Plus, TikTok’s CEO is leaving. And, what it’s like doing business between the U.S. and China right now.
TikTok CEO Kevin Mayer has quit ahead of an impending U.S. ban. The EU’s trade commissioner has also resigned, amid accusations of breaching COVID-19 guidelines. And, Trump’s promise to bring 1 million jobs back from China.