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.
It has to do with interest rates. Plus, Teva Pharmaceuticals charged with price-fixing. Also, the data on the U.S.-China trade deal. And, how cutting payroll taxes could contribute to the depletion Social Security benefits.
Tens of thousands of trainee doctors in South Korea have gone on strike, despite the resurgence of the coronavirus. And, new research shows London businesses are reluctant to send workers back to the office in the future.
On Thursday, Fed Chair Jerome Powell is expected to announce a change in how the Fed handles inflation. Plus, why business travel by airplane may never be the same. And, thinking more about flood risk when considering buying a home.
U.S. and China trade officials spoke by phone Monday night. Plus, furloughs are set to hit Delta Airlines pilots this fall. And, research suggests that differences in the way men and women network could play a role in gender gaps.
Republicans have portrayed the 2020 election as a choice between two different economies. Plus, workers are logging more hours now, surveys show. And, CEOs of the largest U.S. companies are cautiously optimistic, according to new data.
Facebook has blocked access in Thailand to a million-member group critical of the monarchy, after the Thai government threatened legal action. Desperate parents in India are turning to the barter system to get their children into school.
We may still be in recession well into 2021, economists say. What retailers can do with the clothes they can’t sell. And, what will it take to get oil producers to stop burning off natural gas and start selling it?
