If the merchants fall behind on their payments, some lenders send threatening emails and texts and even pay visits to borrowers’ homes to try to […]
Year: 2020
Nearly half of states don’t have enough funds to pay all those unemployment claims
Even as states are struggling to process a record number of jobless claims, experts warn that even greater challenges loom: A Labor Department report found […]
Wall Street posts modest gains after volatile day and brutal unemployment data
Wall Street posted modest gains on Thursday, after a volatile day that included brutal unemployment data that showed 6.6 million Americans filed for first-time jobless […]
Banks warn of ‘utter chaos’ in new small business lending program
Millions of small businesses are anxiously awaiting their slices of a $350 billion relief program that forms part of the government’s $2 trillion economic support […]
Farmworkers ‘harvesting America’s food supply’ amid coronavirus pandemic fight for safety
California has ordered all residents to stay home because of the threat of COVID-19, but thousands of farmworkers like Mariana are still showing up at […]
From payment relief to blood drives, big brands are pivoting to match the message to the moment
From payment relief to blood drives, big brands are switching out their high-energy promotions for more muted social messaging that aims to bring thoughtful pause […]
A record 6.6 million Americans filed for unemployment last week
A record 6.6 million Americans filed for unemployment benefits last week, the latest brutal reminder of the toll the coronavirus pandemic is taking on the […]
FedEx drivers say they’re not getting coronavirus protections other delivery workers receive
The drivers who handle much of FedEx’s delivery business say they are not getting the coronavirus protections and additional sick leave other U.S. delivery workers […]
YouTube is developing a rival to TikTok
YouTube is developing a short-form video feature called Shorts that will go head to head with TikTok, the Chinese video-sharing app that has surged in […]
Dow plunges on Trump’s warning that ‘a hell of a bad two weeks’ are coming
The Dow Jones Industrial Average slumped by 700 points on Wednesday, as markets digested President Donald Trump’s stark warning that the U.S. could be facing […]
Cannabis users, shops suffer high anxiety after Massachusetts shuts down recreational sales
Shannon Venezia hasn’t had a seizure in four and a half years — a fact that she attributes to her decision to treat her epilepsy […]
Wall Street just had one of its worst quarters in history
Wall Street just ended one of the worst quarters in stock market history, with all three major averages reflecting the devastating economic impact of the […]
Consumer confidence nosedives, as America braces for more economic pain to come
Consumer confidence dropped sharply as the bull market ended abruptly and Americans began to grasp the magnitude of the social and economic disruption caused by […]
Amazon fires warehouse worker who led NYC strike for more coronavirus protection
Amazon has fired a New York city warehouse worker who organized a strike to demand greater protections for employees amid the coronavirus outbreak. Chris Smalls, […]
Wall Street rallies, after Trump extends shutdown until April 30
Wall Street rebounded on Monday, after President Donald Trump announced the extension of the nation’s economic shutdown until April 30 at the earliest. The Dow […]