The U.S. economy gained 2.5 million jobs in May and the unemployment rate dropped to 13.3 percent. That’s down from 14.7 percent in April, according […]
Year: 2020
First came a pandemic. Then, looting. Small businesses pick up the pieces as their debt mounts.
Salih Mothana came home so quietly after he surveyed the damage to his small grocery store in Chicago that his family had no idea their […]
YouTuber Jake Paul charged with trespassing following Arizona looting
YouTube star Jake Paul was charged with trespassing after he allegedly entered an Arizona mall after it was looted last month, police said Thursday. Paul, […]
Around 1.8 million Americans filed for first-time unemployment last week, continuing downward trend
Around 1.8 million Americans filed for first-time jobless benefits last week, hinting that the worst could be over for the labor market. While still a […]
Weekly initial jobless claims hit 2.1 million
More than 2.1 million Americans filed for unemployment benefits for the first time last week, the 10th straight week that jobless claims have been in […]
PPP loan program accidentally paid some small-business owners twice
While many small-business owners complained of missing out on crucial funding from the Paycheck Protection Program, others mistakenly ended up receiving their money twice — […]
New U.S. ban on Chinese airlines hurts Chinese students who were already struggling to get home
A new Department of Transportation order banning Chinese airlines from flying to and from the U.S. is an added hardship for thousands of Chinese students […]
Why is Wall Street soaring while Main Street is burning?
The divide between Wall Street and Main Street has grown sharply in recent weeks, amid the coronavirus pandemic and widespread civil unrest. To many, the […]
Dentists extract new fee from patients to keep up with rising COVID-19 costs
After nearly two months at home because of the COVID-19 pandemic, Erica Schoenradt was making plans in May to see her dentist for a checkup. […]
In recently reopened Moab, Utah, businesses welcome tourists back with caution
Tracy Bentley had already stocked up her bike shop in Moab, Utah, and hired seasonal staff when businesses shut down in mid-March to prevent the […]
Theme parks to open, but will visitors return?
Mickey Mouse and Cinderella are back to rescue your summer, but there won’t be any hugs — and no parade, either. Over the next two […]
Grindr to remove ethnicity filter in support of Black Lives Matter
Grindr said it will remove the racial and ethnic filter from its popular gay dating and social-networking app, citing user feedback and a commitment to […]
Why Main Street is suffering while Wall Street is soaring
Although nearly 40 million Americans have lost their jobs and small businesses are struggling to stay solvent, you might not realize that if you only […]
Boeing to lay off almost 7,000 workers this week, for total of 12,000 job losses
Boeing announced plans to lay off almost 7,000 workers this week, as the coronavirus crisis continues to hammer the aircraft manufacturer. “We have come to […]
As Starbucks locations reopen nationwide, workers question why they should risk their life ‘for a frappuccino’
Restless coffee addicts emerging from lockdowns are doubtlessly cheering the return of some normalcy, after Starbucks said it would be reopening almost 90 percent of […]