The National Bureau of Economic Research says the U.S. in a recession. But smaller businesses are more optimistic than they were a month ago. And, how the NFL is responding to protests for justice around the country.
The editor-in-chief of Bon Appétit magazine, Adam Rapoport, has resigned after a photograph of him in brownface resurfaced. And, one college in Wisconsin is overhauling its academic calendar to prepare for a return to campus amid COVID-19.
The French government releases more aid with fears a slump in demand for airplanes could turn Toulouse into the “new Detroit.” What are the longer-term implications of a drop in electricity demand during COVID-19 restrictions?
Surprise job growth. State reopenings. Market optimism. And positive economic growth projections for the third quarter. Plus, of a potential mega-merger in the pharmaceutical industry. And, the significance of a Russian tanker’s voyage through the Arctic.
New York City enters phase one of its reopening. OPEC extends record cuts in oil production. We check back in with one of many Black-owned businesses left out of the first round of the PPP.
European airlines criticize UK government rules for arriving international passengers. Could a social enterprise model work for a COVID-19 vaccine? The pandemic could wipe half a trillion dollars from Asian economies.
The U.S. unemployment rate unexpectedly dropped from nearly 15% in April to 13.3% in May. Economic divides by race are apparent in the numbers, though: the rate for Black people ticked slightly higher. And, where are sports leagues on reopening?
This week, the Labor Department listed the cities that have been hardest hit by layoffs. The president has a new executive order, allowing federal agencies to bypass some environmental laws. What drives theft and vandalism during protests?
AstraZeneca begins production of a potential COVID-19 vaccine. New U.S. trade restrictions on 33 Chinese technology firms go into effect. English pubs turn to takeout services for survival.
Rehiring has been happening, but slowly. Another 1.9 million people filed jobless claims last week. LA will move money out of policing. Congress’ new rules for PPP loans. A look at how housing came to be precarious for many.
